Latest Technology News In South Africa
Eric Yuan founded the company that became Zoom in 2011 after leaving Cisco, where he had worked on Webex and other collaboration products. Yuan believed video meetings could be made easier to join, more reliable across weak networks and simpler for users than existing enterprise systems.
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Engineer Bill Fair and mathematician Earl Isaac founded Fair, Isaac and Company in 1956 to apply data analysis and statistical methods to business decisions. The firm built scoring systems for lenders and other organisations at a time when many credit decisions still depended heavily on manual judgement.
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Steve Huffman and Alexis Ohanian founded Reddit in 2005 after joining Y Combinator’s first start-up batch. Aaron Swartz’s company Infogami later merged with Reddit during its early development. The site centred on user-submitted links and voting, letting communities decide which material rose to prominence.
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LG Electronics traces its roots to GoldStar, founded in 1958 as one of South Korea’s first domestic electronics companies. GoldStar produced radios, televisions, refrigerators and other appliances as the country sought to build domestic manufacturing capability.
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Peter Gassner founded Veeva Systems in 2007 after senior roles at Salesforce and other enterprise-software companies. Veeva focused narrowly on cloud applications for pharmaceutical and life-sciences companies rather than building generic CRM for every industry.
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Bom Kim founded Coupang in 2010 in South Korea, initially as a deals and social-commerce website. The business soon moved away from daily deals towards direct e-commerce and invested heavily in fulfilment infrastructure.
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Tower Semiconductor was founded in Israel in 1993 and began operations using a wafer fabrication facility acquired from National Semiconductor. The company focused on specialty semiconductor processes rather than competing solely for leading-edge digital logic.
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Ctrip was founded in Shanghai in 1999 by entrepreneurs including James Liang, Neil Shen, Min Fan and Ji Qi as an online and call-centre travel service. The company focused on hotel and flight bookings for Chinese travellers while internet adoption and domestic tourism were expanding.
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Jay Chaudhry founded Zscaler in 2007 after building and selling several earlier cybersecurity companies. He argued that security appliances placed inside corporate networks would become less effective as employees, applications and data moved directly to the internet and cloud.
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ON Semiconductor was created in 1999 when Motorola separated its Semiconductor Components Group into a standalone company. The new business inherited a broad catalogue of analogue, logic, discrete and power semiconductors used across consumer and industrial electronics.
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