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
Pick n Pay has added its clothing range to its asap! app as it pushes to build a retail super app.
TymeBank is overhauling its retail footprint by rolling out dedicated customer hubs in malls across South Africa.
Vodafone will start using Amazon Leo to connect mobile base stations in Europe before rolling it out through Vodacom.
South African tech retailers have warned of further price hikes as global chip shortages squeeze RAM, SSD and GPU supply.
Palo Alto Networks, the world’s largest pureplay cybersecurity company, said it is betting big on South Africa.
Brent crude jumped 10% to $80/barrel on Sunday as the US and Israeli strike on Iran sparked fears of $100 oil imminently.
World News
SpaceX suffered a rare failure of its Falcon 9 rocket in space this week.
EU regulators are worried that X’s use of blue checkmarks for verified accounts “deceives” users.
Apple will open its tap-and-go mobile payments system to rivals, EU antitrust regulators said on Thursday.
AMD will acquire Silo AI for $665-million as it tries to enhance its AI chip capabilities against Nvidia.
