Samsung sees increased revenue, profit

Samsung Electronics has reported revenues of 57,46-trillion won (R505 648-billion) on a consolidated basis for the second quarter ended June 30, 2013 – a 9% increase from the previous quarter. Consolidated operating profit for the quarter reached 9,53-trillion...

Slower growth seen for outsourcing

The worldwide IT outsourcing (ITO) market is forecast to reach $288-billion in 2013, a 2,8% increase in US dollars (and 5,1% in constant currency) from 2012, according to Gartner. Compared with Gartner’s previous forecast, nearly all ITO segments are now...

Etisalat, Samsung pen technology deal

Etisalat Group and Samsung have signed a deal that will see Samsung supply telecommunications technology within Etisalat’s 15 operating countries in the Middle East, Africa and Asia. “By securing this innovative partnership, we are benefiting communities in our...

Africa seen as next healthcare frontier

Over the past decade, the global life sciences sector has experienced healthy growth. The world market for pharmaceuticals, for example, has doubled within a decade, reaching a value of about $1-trillion, and is expected to grow by another 3% to 6% per annum until...

White spaces to light up Limpopo

Microsoft aims to bring inexpensive broadband connectivity to rural Limpopo. It has launched a pilot project in rural Limpopo that intends to deliver high-speed and affordable broadband to under-served communities using so-called “white spaces” technology. The focus...

ATM hacker Barnaby Jack dies

Barnaby Jack, the ethical hacker who demonstrated how ATMs could be made to empty their vaults, has died. Jack was scheduled to present at the Black Hat conference in Las Vegas later this week, on shortcomings in the security of medical devices. The subject of the...