Memory industry group JEDEC released its new HBM4 standard for computer memory. The upgraded design builds on previous HBM3 technology but transfers data much faster. These improvements help systems handle large datasets better, especially for artificial intelligence programs.
HBM4 moves information at speeds up to 8 gigabits per second across a wide connection path. This design doubles the number of channels from 16 to 32 compared to earlier versions. The new standard works with lower power settings, making it more energy efficient than before. Companies can use both HBM3 and HBM4 with the same controllers because they remain compatible.
Major tech companies praised the development. AMD, Google Cloud, Meta, Micron, Samsung, and SK...
Manli Technology Group announced its new GeForce RTX 5060 Ti graphics card, based on NVIDIA Blackwell architecture. The card features 4,608 CUDA cores with either 16GB or 8GB of GDDR7 memory running at speeds up to 28 Gbps. Its 5th-generation Tensor Cores deliver 759 AI TOPS performance.
The company offers three different models to meet various customer needs. The Stellar series combines elegant gradient colors with patented fans that reduce noise through advanced technology. Its wave-shaped heat sink improves airflow for quieter operation.
Anime fans might prefer the Polar Fox series with its unique visual identity. It comes in both triple-fan and twin-fan designs for different computer case sizes. Every Polar Fox card includes a...
Deputy Minister Raj Modi bought back his old supermarket chain for much less than he sold it for. In 2013, he sold ten SPAR stores to the Botswana company Choppies for $22 million. The chain grew to 30 locations with over 1,000 workers by 2018. Choppies left Zimbabwe in 2023 because it couldn't operate profitably during currency problems. Modi purchased everything back through his company for just $260,000 last year.
The deal shows how hard Zimbabwe became for outside investors despite political connections. Former Vice President Phelekezela Mphoko helped Choppies enter Zimbabwe before losing power with Robert Mugabe. Legal fights followed as Mphoko family members claimed ownership shares. The court rejected their attempt to stop Modi...
Zimbabwe businesses can freely set prices after the government ended exchange rate rules. Finance Minister Mthuli Ncube removed limits that kept businesses from charging more than official bank rates. The change makes legal what many shops already did.
This shift aims to fix price problems, as market forces determine exchange rates. Companies had charged between 30 and 32 Zimbabwe dollars per dollar instead of the official 27 rate. Authorities looked away as this practice spread through markets.
The government responded to pressure from business groups that argued restrictions hurt formal businesses. Zimbabwe National Chamber head Christopher Mugaga called it a positive step, saying it helps close gaps between formal businesses and...
Zimbabwe plans to strengthen ties with Belarus ahead of President Mnangagwa's visit to Minsk. Ambassador Mudzimba told state media these nations will mark 33 years of diplomatic relations just before Zimbabwe celebrates its 45th Independence Day.
The friendship goes back to Soviet times when Zimbabwe first received Belarusian tractors. They established formal ties in 1992, and Zimbabwe opened its embassy in Minsk last year. Both presidents have exchanged visits recently, with Belarusian President Lukashenko traveling to Zimbabwe in early 2023.
Trade between the countries remains small but growing. Zimbabwe aims to export more tobacco, cotton, and minerals, as Belarus supplies farm machinery and fertilizers. They signed a $16 million...
Former Norton lawmaker Temba Mliswa claims corruption runs deep among officials in Mashonaland West Province. He accuses Provincial Minister Marian Chombo and Police Commissioner T. Nyazema of running illegal land and mining schemes. These officials allegedly misuse President Mnangagwa's name to avoid consequences for their actions.
Mliswa wants the Zimbabwe Anti-Corruption Commission to investigate these claims immediately. He says Chombo canceled approved land allocations and gave properties to people who paid bribes instead. The former MP states he has documents proving these transactions occurred.
He warned Agriculture Minister Anxious Masuka that his reputation could suffer if he ignores these problems. Mliswa also described...
Zimbabwe treasury secretary George Guvamatanga faces heat for offering a bank guarantee that many call illegal. He sent Ecobank a letter saying the country owed Valley Seeds about $192 million, with the bank agreeing to give the company just $20 million instead. The treasury plans to pay back this amount in four installments over the year. Guvamatanga claimed he had proper authority for this deal.
Former finance minister Tendai Biti saw the leaked document and blasted it as theft of public funds. He questioned how a small company earned such a massive debt from the government and called the steep discount suspicious. Valley Seeds previously worked in agricultural programs, where Biti claims billions disappeared without proper...
Treasury Secretary George Guvamatanga faces accusations of wrongdoing after providing a bank guarantee for a $20 million loan to Valley Seeds. He wrote to Ecobank claiming Zimbabwe owed the company almost $192 million as of February 2025. The bank agreed to discount this debt, giving Valley Seeds $20 million that the treasury would repay in four quarterly payments. Guvamatanga named himself as the main person responsible for the guarantee.
Former finance minister Tendai Biti called the arrangement "pure looting" after seeing the leaked letter. He questioned how the government ended up owing such a large sum to Valley Seeds. The seed company previously participated in command agriculture programs, where Biti claims over $3 billion...
TSMC reported strong quarterly earnings with NT$839.25 billion in revenue for the first quarter of 2025. The chipmaker saw its profits climb to NT$361.56 billion, with earnings per share reaching NT$13.94. These numbers show a major year-over-year boost - revenue up 41.6% and net income jumping 60.3% compared to early 2024. When measured in US dollars, TSMC earned $25.53 billion, growing 35.3% from last year but dipping 5.1% from the previous quarter.
The company maintained impressive profit margins across the board. Their newest chip technology continues to drive business forward. The 3-nanometer chips made up 22% of wafer revenue, with 5-nanometer at 36% and 7-nanometer at 15%. Together, these advanced technologies account for 73% of...
