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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South Africa will deploy soldiers to quell violence that erupted in the wake of former president Jacob Zuma’s jailing, the military said on Monday, after days of riots and looting left at least six people dead.
The World Bank has warned that here is a risk that most of the potential economically active population could be left behind, with the pandemic permanently impairing the country’s long-term prospects.
The performance of Eskom’s generation fleet has been steadily increasing from the disappointing below-60% plant availability in April, and supply has consistently exceeded demand over the past week.
A powerful winter weather system, approaching South Africa from the west, has prompted Eskom to ask the public to reduce the usage of electricity to prevent possible load shedding.
President Cyril Ramaphosa extended bans on alcohol sales and most public gatherings for two weeks as the government struggles to bring a third wave of coronavirus infections under control.
EOH Holdings CEO Stephen van Coller said late on Friday that he is confident that the IT services group will not be blacklisted by government.
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Apple is widely expected to introduce an original video programming service at an event next week, but so far analysts aren’t convinced that the initiative will provide a major boost to earnings.
Huawei has withstood criminal charges and international scrutiny to post rising growth in the first two months of the year.
Social media platforms including Facebook are facing harsher scrutiny after a shooter accused of killing 49 people in two mosques in New Zealand live-streamed the murders over the Internet.
Apple has fired back at Spotify’s antitrust complaint, saying the music streaming giant wants all the benefits of its app store without contributing to the marketplace.
The battle lines have been drawn in the fight for the hearts, minds and wallets of Android users. In the blue corner it’s Korean giant Samsung Electronics, with its Galaxy S3. And in the green corner is plucky Taiwanese featherweight HTC with the One X. Both contenders
MTN’s share price is likely to remain wobbly as jittery foreign investors face massive pressure from US authorities and lobby groups to quit their exposure in Africa’s R255bn cellphone giant because of its business activities in Iran. The company is in danger of being smacked with US sanctions for allegedly providing the Iranian government
