Microsoft shares jumped 15% after cloud guidance eased fears that its AI spending had outrun demand.
Top News
Eskom recorded a daily energy availability factor of 80.24% on 20 July, its best single day since 20 September 2017.
The transmission operator will own the assets outright, reversing a plan approved by the energy minister in December.
Nedbank has appointed Nikos Angelopoulos, formerly MTN Group’s CIO, to the same role at the bank.
More News
Cisco has appointed Ossama Eldeeb to lead its Africa business as the continent builds AI infrastructure.
Meta’s free cash flow plunged to $784-million from $8.55-billion a year earlier, sending shares tumbling lower.
Gartner’s South African forecast, shared with TechCentral, outpaces the global rate, with data centre spending nearly doubling.
Government will provide guidelines and leave individual sectors to write their own artificial intelligence strategies.
It’s the biggest liability on the South African tech balance sheet – and it keeps compounding.
Russia has charged Telegram founder Pavel Durov and issued an international warrant for his arrest.
World News
The safety feature reaches South Africa before year-end amid lawsuits and regulatory scrutiny over AI chatbots.
The company suffered a steeper one-day fall than during the 1987 Black Monday crash.
OpenAI will reportedly launch a portable, screen-free smart speaker as its first consumer hardware product.
Stripe and private equity firm Advent have made a joint offer to acquire PayPal Holdings, according to sources.
