Category: Technology

South Africa’s electricity utility Eskom has made it clear that “loadshedding” – rolling scheduled power cuts – isn’t going to end any time soon. This reality, and President Cyril Ramaphosa’s announcement during his annual state of the nation speech on 9 February 2023 that tax incentives for solar power use are imminent, mean that many […]

IPG Photonics Corporation (NASDAQ:IPGP) Q4 2022 Earnings Call Transcript February 14, 2023 Operator: Good morning and welcome to IPG Photonics’ Fourth Quarter 2022 Conference Call. Today’s call is being recorded and webcast. At this time, I’d like to turn the call over to Eugene Fedotoff, IPG’s Director of Investor Relations for introductions. Please go ahead, […]

Schneider Electric boss announces shock exit just months after buying British software giant Aveva By Patrick Tooher For The Daily Mail Published: 16:51 EST, 16 February 2023 | Updated: 16:51 EST, 16 February 2023 Schneider Electric boss Jean-Pascal Tricoire announced his shock exit yesterday after two decades in charge – and just months after buying […]

So far, 22,139 employees have been laid off by 74 startups, including unicorns BYJU’S, Chargebee, Cars24, LEAD, Ola, OYO, Meesho, MPL, Innovaccer, Udaan, Unacademy and Vedantu Edtech has laid off the most employees, with 17 edtech startups laying off 8,000+ employees As the funding winter intensifies, here are the startups that have issued pink slips […]

The rate at which our technology is progressing is astounding, with no signs of slowing. While it’s easy to get bogged down by news of the “next big thing,” don’t get complacent. Technology continues to advance and drive business innovation. DevOps Will Dominate Development Discussions The need for greater data security, infrastructure scalability, and remote […]

Many would say that stocks are fit only for the young and daring because of the risks involved, and thus, those planning for retirement must stay away from stocks due to their unpredictable nature. However, it is a misconception because equities are the asset classes that can help all investors, including retirees, outperform inflation in the […]

South Africa boasts some of the best fossil records on Earth. Fossils are found in strata and rocks in many parts of the country. Some are billions of years old. There are microfossils dating back to the Archaean epoch, between 3.5 billion and 3.3 billion years ago, in the Barberton Greenstone Belt in the Mpumalanga […]

Siemens AG’s order backlog stands at €102 billion (Rs 9.08 trillion), on increased demand for automation and digitization, and nearly 92% of Fortune 500 companies use its software, according to the company. From pharmaceuticals to automotive and batteries to semiconductors and intralogistics, companies are racing to be more flexible, efficient and sustainable, and Siemens is […]

The manufacturing sector has been in a bit of a haze as of late — it registered a third straight month of contraction in January. It’s a sign that interest rate hikes by the Fed and decreased demand may be taking a toll on a sector that’s already experienced supply chain difficulties and a tough […]

After 65 years, Philadelphia police announced in December 2022 that they had identified the remains of Joseph Augustus Zarelli, a 4-year-old boy who was murdered in 1957. Because no one had ever come forward to reliably identify Joseph, he became “America’s Unknown Child,” a moniker that captured the tragic anonymity of his early death. Recent […]