Latest Technology News In South Africa
Michael Saylor and Sanju Bansal founded MicroStrategy in 1989 as a business-intelligence software company focused on helping organisations analyse large datasets. The company built analytics and reporting software for enterprises and went public in 1998.
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Jack Dorsey and Jim McKelvey founded Square in 2009 after McKelvey, a glass artist, encountered difficulty accepting a card payment from a customer. The first Square reader plugged into a smartphone and gave small merchants a simple way to accept card transactions without conventional point-of-sale infrastructure.
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CoreWeave was founded in 2017 by Michael Intrator, Brian Venturo and Brannin McBee, initially using GPUs for cryptocurrency mining before recognising that the same hardware could be rented for other compute-intensive workloads. The founders began turning a mining operation into a specialised cloud capable of supplying GPU capacity to visual-effects, machine-learning and other customers.
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Brian Armstrong founded Coinbase in 2012 and was joined early by Fred Ehrsam after becoming interested in Bitcoin and the difficulty ordinary users faced buying and storing cryptocurrency. The first product simplified Bitcoin purchases and custody at a time when exchanges were fragmented, technical and often difficult to trust.
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Dave Duffield and Aneel Bhusri founded Workday in 2005 after Oracle acquired PeopleSoft, the enterprise-software company Duffield had previously founded. They set out to build human-resources and financial-management applications natively for internet delivery rather than adapting an older client-server suite.
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Nanya Technology was established in Taiwan in 1995 as part of the Formosa Plastics Group’s move into semiconductors. The company concentrated on dynamic random-access memory, or DRAM, a market where scale, manufacturing yields and rapid process transitions determine competitiveness.
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Advanced Micro-Fabrication Equipment Inc. China, commonly known as AMEC, was founded in Shanghai in 2004 by semiconductor-equipment veteran Gerald Yin and a team with international industry experience. The company set out to develop advanced wafer-fabrication equipment locally, beginning with plasma etch and later expanding into deposition and other process technologies.
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Former Apple executive Trip Hawkins founded Electronic Arts in 1982 with the belief that computer-game creators should be recognised and marketed more like musicians, filmmakers and other artists. The company published games from independent developers and used distinctive album-style packaging that put creators prominently on the product.
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PayPal’s roots begin with Confinity, founded in 1998 by Max Levchin, Peter Thiel and colleagues, and X.com, the online financial company Elon Musk founded in 1999. Confinity developed digital-payment software and shifted towards email-based money transfers, while X.com pursued a broader internet-banking model.
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Keysight Technologies traces its technical roots to the electronic measurement business Bill Hewlett and Dave Packard started in 1939. The measurement operation later became part of Agilent Technologies when Hewlett-Packard split in 1999. Agilent combined test-and-measurement technology with life-sciences and semiconductor-related businesses, preserving the engineering lineage of HP’s original instrument company.
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