Startup news

22seven, the gamification of personal finances

22seven The well-known founder of the pioneering online bank 20Twenty Christo Davel is hitting the market with a new startup, also in the financial management space. 20Twenty was an acclaimed South African online banking platform and an acknowledged leader for its time, but eventually went under when its bricks-and-mortar backing bank, Saambou, collapsed. 20Twenty was later sold to Standard Chartered for a cool US$10-million and closed. The new venture, the similarly-named 22Seven, is billed as an “intelligent money saving tool” that plugs ...

News, Online media

Major new online player set to enter SA market

enewschannel The eNews channel, which is part of the multi-billion rand terrestrial broadcasting company Sabido, is cooking up plans to roll out a brand new online strategy. The organisation is one of the biggest players in the African broadcast space, with a presence on South Africa’s fifth terrestrial channel and its own dedicated 24-hour satellite news channel which broadcasts to a number of countries across the continent. To date the media giant has made no significant investment in an online presence. ...

Online media

What the porn industry can teach us about digital media in emerging markets

xxx keyboard Analysis of the pornography industry provides fascinating insight into how consumer ideology shapes online behavior. When we look at the industry in terms of emerging markets we get to catch a glimpse of new forms of media consumption as they blossom. In emerging markets like Brazil, South Africa and India, the industry is thriving and will follow international mobile trends when it comes to adult entertainment consumption. It's big business, in fact it's the number one commercial industry online. In spite ...

Innovation

You wouldn’t download a car… or would you?

Car I recently came across an interesting blog post which states that the Pirate Bay (by the way, if you support the kind of thinking behind SOPA you shouldn't click on that link, it takes you to a site that encourages copyright infringement) has created a new download category -- 'Physibles'. According to the Pirate Bay, physibles are digital objects that can be converted into tangible physical objects. Huh? It took me a few seconds to work out what the hell ...

Africa, Infographic, Twitter

Young mobile users responsible for most Twitter growth in Africa [Infographic]

New research suggests that Twitter’s growth in Africa is being driven primarily young people using mobile devices and that South Africa, Nigeria, Kenya, and Egypt are the continent’s leading tweeters. The research is a collaboration between Portland Communications, a strategic communications consultancy and specialist media platform Tweetminster. The two claim to have "analysed over 11.5-million geo-located Tweets originating on the continent during the last three months of 2011”. The analysis, they say, was "complemented by a survey of 500 of ...

Startup news

Triloq paves the way with virtual credit cards, email bill payments

Online shopping was a pain before I got my first credit card. Painstakingly transferring money from my bank account to an online vendor is not ideal. With a credit card though, online shopping becomes easy. For the unlucky few who cannot get a credit card, online shopping dreams are dashed. Not so, says Triloq Payment Services. Its products, 1-2-Pay Online  and AcceptEmail have been in development from January 2011 and aim to “free” the user from online shopping payment grief, allowing ...

Gearburn

Review: Logitech Pure-Fi Express Plus — Has… potential

Within the confines of the audiophile spectrum exists a passel of audio listeners with varying degrees of auditory discernment. Somewhere an insomniac just likes to hear the voice of the 3AM DJ on a kitchen radio, in the apartment below some hipsters are having existential debates about 1Q84 while streaming Bon Iver’s latest over a Bluetooth speaker, while further down the street a bass woofer with a car passes a bunch of guys busting moves to the beat of Run ...

News

Angry Birds set to smash into Facebook

Rovio’s hit franchise Angry Birds is set to smash beak first into Facebook come Valentine’s Day. According to Asia Tech News, the company is planning a massive launch in Jakarta, Indonesia. According to Rovio head Peter Veserbacka, the decision to launch in Jakarta is a fairly obvious one, given that it is the "global capital of Facebook". The country does, after all, have the second largest Facebook population, after the US. Angry Birds is already available across a number ...

News

Symantec releases ‘hotfix’ for Anonymous hack

Symantec has released a "hotfix" for customers affected by an Anonymous hack that targeted its pcAnywhere software. The fix comes after the security company released a statement confirming that the Anonymous hacktivist group had gained access to its source code, which was a "result of a theft of source code that occurred in 2006". The source code theft affected PCAnyWhere -- a tool that allows customers to remotely connect to other computers --, as well as Norton Antivirus Corporate Edition, ...

News

Facebook halts trading in secondary markets, IPO to follow?

Facebook has reportedly halted trading in secondary markets, possibly indicating that the world’s largest social network may finally be ready for its long-awaited IPO. According to Bloomberg, representatives from Facebook’s law firm, Fenwick & West, sent a letter to one of the markets explaining the decision. The decision to halt trading on secondary markets is not necessarily an indication that Facebook is on the verge of going public. An analyst speaking to Bloomberg, feels that this may, however, be the ...

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