The transaction values SpaceX at $1-trillion, and xAI at $250-billion, according to a person familiar with the matter.
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Standard Bank is accelerating the shift to cashless branches as it adapts its physical network to changing customer behaviour.
Xneelo has begun construction on a second data centre at Samrand in Gauteng.
OpenAI is unsatisfied with some of Nvidia’s latest AI chips and has sought alternatives, sources have said.
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Telkom has joined MTN and Vodacom in shutting stores in violence-torn KwaZulu-Natal, and has now decided to close its outlets countrywide until further notice as a precautionary measure.
The rand dropped to a three-month low on Tuesday as concerns grew over escalating violence in the country following the jailing of former President Jacob Zuma.
Protesters clashed with police in several areas of South Africa and looters ransacked shopping malls on Tuesday as frustrations over poverty and inequality boiled over into the country’s worst unrest in years.
Violent protests have dealt a body blow to South Africa’s efforts to rebuild the economy in the wake of the coronavirus pandemic and pose the sternest test yet to President Cyril Ramaphosa’s authority.
President Cyril Ramaphosa pleaded for calm following days of protests that were triggered by last week’s incarceration of his predecessor and have claimed 10 lives, forced businesses to shut and weakened the rand.
Some of South Africa’s largest companies were forced to halt operations as violence erupted in parts of the country, with rioters torching trucks and looting stores.
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The US Securities and Exchange Commission said it’s “stunning” that Elon Musk didn’t seek pre-approval of any of his tweets about Tesla in the months since he was ordered by a judge to do so.
Pressure is building on Facebook and other social media platforms to stop hosting extremist propaganda including terrorist events, after Friday’s deadly attacks on two mosques in New Zealand were live-streamed.
Netflix CEO Reed Hastings has confirmed that his company won’t be participating in Apple’s new streaming platform, reflecting new competition between the Silicon Valley giants.
Spotify has labelled Apple a “monopolist” as the competition row between the music streaming service and the technology giant continues.
It was bad SA television that gave Elon Musk part of his mysterious edge. As a 10-year-old he read whole volumes of the Encyclopaedia Britannica after emptying the family bookshelves — anything to avoid another episode of CHiPs or Die Man van Intersek. Avoiding sports and bullies just as keenly
Decisions taken on the Gauteng Freeway Improvement Project (GFIP) will have implications for how future infrastructure projects are financed, minister Collins Chabane said on Friday. It was necessary to guard against decisions and actions that might impact negatively “on our track record in the prudent
