South Africa is poised to make a significant move in the global digital economy by introducing digital nomad visas. These visas are aimed at attracting highly skilled professionals, particularly in the IT sector. The initiative, published by the Department of Home Affairs, aligns with President Cyril Ramaphosa’s vision of enhancing the country’s competitiveness and job creation. The Digital Nomad Visas The proposed digital nomad visas will allow remote workers, especially those employed by foreign companies, to live and work in South Africa. This move is expected to attract a number
Atlassian has agreed to acquire video communication platform Loom for $975 million. The acquisition will ramp up Loom’s asynchronous video collaboration tools to tap into the demand fueled by the adoption of hybrid work. The journey to unicorn status Loom is an asynchronous (async) video messaging tool that helps users communicate through instantly shareable videos. Founded by Vinay Hiremath, Shahid Khan, and Joe Thomas in 2015 in San Francisco, CA, it boasts 25 million users in 1.8 million workplaces. The platform became increasingly popular during the pandemic, with a $1.53
