INSTACOM INSTANT COMMUNICATIONS SETS UP NEW SUBSIDIARY: PRESS RELEASE

Instacom Roland Van Dar Walt

Instacom has launched a new subsidiary that will be known as Instacom Connect. The new wing’s primary mission is to provide cutting edge mobile solutions for any business, large or small. As a company we work with companies on a day to day basis. Consequently we have grown to understand what their needs are, with particular focus on communications. We fully understand the hustle, struggle and difficulties that companies face when its time to order new or upgrade a large number of mobile voice or data services for their internal…

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South Korea charges suppliers with selling Samsung technology to China

South Korea charged nine people and two companies of illegally selling Samsung Electronics Co.’s bendable screen technology to a Chinese rival. The chief executive officer of a Samsung supplier and eight of his employees received 15.5 billion won ($13.8 million) after conspiring with two representatives of the Chinese company to transfer organic light-emitting diode knowhow, according to a statement from prosecutors in Suwon. The names of the companies and individuals weren’t disclosed. Intellectual property theft is a national concern for South Korea as it tries to maintain its narrowing technology…

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How much South African IT employees earn

CareerJunction has released its latest South African salary survey, which details what salaries are being earned in South Africa. The salary review gives a “true representation of cost-to-company salary packages in South Africa”, said CareerJunction. “It contains up-to-date salary information as well as regional differences in monthly remuneration using actual salary offerings on our website for the latest measurable period – May to November 2018. Sectors covered in the report include the IT market, and it details what salaries people earn in positions ranging from software development to UX design.…

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Microsoft wins $480-million US Army contract

Microsoft Corp. has won a $480 million contract to supply prototypes for augmented reality systems to the Army for use on combat missions and in training, the Army said. The contract, which could eventually lead to the military purchasing over 100,000 headsets, is intended to “increase lethality by enhancing the ability to detect, decide and engage before the enemy,” according to a government description of the program. “Augmented reality technology will provide troops with more and better information to make decisions. This new work extends our longstanding, trusted relationship with…

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Intel’s chipmaking throne challenged by TSMC

For more than 30 years, Intel Corp. has dominated chipmaking, producing the most important component in the bulk of the world’s computers. That run is now under threat from a company many Americans have never heard of. Taiwan Semiconductor Manufacturing Co. was created in 1987 to churn out chips for companies that lacked the money to build their own facilities. The approach was famously dismissed at the time by Advanced Micro Devices Inc. founder Jerry Sanders. “Real men have fabs,” he quipped at a conference, using industry lingo for factories.…

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Uber fined R6.7 million by UK regulator over 2016 cyber attack

Uber Technologies Inc., which is already facing a range of legal and regulatory headaches in London, got another Tuesday after it was fined 385,000 pounds (R6.7 million) over a cyber attack that compromised the data of millions of customers and tens of thousands of drivers. The Information Commissioner’s Office said that Uber the personal details of about 2.7 million U.K. customers — including email addresses and phone numbers — may have been downloaded during a 2016 hack. Clients weren’t told for more than a year and the company paid the…

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Apple regains most valuable company title over Microsoft

For the first time in years, Apple Inc. gave up its crown as the world’s most valuable publicly traded company on Monday, at least for part of the trading day. Shares of the iPhone maker have dropped sharply over the past several weeks, and the decline has erased about $300 billion in market capitalization from the company, which crested at a record $1.1 trillion valuation in early October. The slump took the company’s market cap briefly below that of Microsoft Corp.’s on Monday, the first time in more than eight…

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Alibaba co-founder confirmed as member of China’s Communist Party

Jack Ma, co-founder of China’s most valuable company, was officially confirmed as a member of the Communist Party in a state-backed newspaper recognizing business leaders for their contributions to the country’s development. Ma, co-founder and chairman of e-commerce giant Alibaba Group Holding Ltd., is one of 100 people the Communist Party of China’s Central Committee will honor as part of a celebration marking 40 years since the country’s economic reform and opening up. The honorees also include Tencent Holdings Ltd. Chief Executive Officer Pony Ma, Baidu Inc. CEO Robin Li,…

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Gumtree offers new house rental services

Gumtree announced it has partnered with property technology company HouseME to offer improved house rental services on its online platform. As a result of this collaboration, Gumtree is now able to verify prospective tenants through a rigorous vetting process and reduce the risk for property owners. HouseME uses smart technology to connect and verify tenants, collect rent, and digitally coordinate the complete viewing, administration and payment process. These services can cost landlords as little as 2.5% of rental, and the company offers a three-month rental guarantee. “HouseME is excited to…

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Record Cyber Monday sales won’t save the stock market

Shoppers will spend an estimated $7.8 billion on Cyber Monday — a record — boosting a strong holiday shopping season. And Wall Street will likely shrug it off. Even a blockbuster holiday won’t divert the market’s attention from the rising interest rates that could hurt car and home sales next year and the escalating trade war between the U.S. and China that’s expected to slow global economic growth. U.S. President Donald Trump in September imposed 10 percent tariffs on approximately $200 billion worth of Chinese imports and plans to raise…

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