Microsoft shares jumped 15% after cloud guidance eased fears that its AI spending had outrun demand.
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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.
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Eskom tariffs will rise by 8.76% from April after Nersa formally approved hikes triggered by its own error.
Weaver Fintech’s revenue has jumped as its fast-growing fintech arm eclipses the retail business it was built on.
Canal+ is expected to lay out its strategy for MultiChoice and DStv when it reports results on Wednesday.
ID applications are the first use case, but passports and other types of documents are in the pipeline.
The rand has tumbled below R16.90/$ as investors dump risk assets amid the unfolding crisis in the Middle East.
Fintech start-up NjiaPay has bagged $2.1-million in seed funding to simplify payments across Africa.
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CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them.
Uber and BYD plan to roll out 100 000 new electric vehicles to the ride-hailing platform globally.
Investors are beginning to question whether Wall Street’s AI rally may have become overextended.
A number of fibre-optic cables carrying broadband service across France were cut overnight on Monday.
ASML is building machines the size of double-decker buses, weighing over 200t and costing $400-million, in pursuit of the next generation of computer chips.
The electric-car magnate is developing an eerie resemblance to another automotive visionary: Henry Ford. That’s not meant as a compliment.
