Microsoft shares jumped 15% after cloud guidance eased fears that its AI spending had outrun demand.
Top News
Nedbank has appointed Nikos Angelopoulos, formerly MTN Group’s CIO, to the same role at the bank.
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.
More News
Government is planning responsible gambling awareness across universities and TVET colleges to fight the scourge.
Meta Platforms reportedly plans to release its first smartwatch this year, and it will have a built-in AI assistant.
South African software specialists see vibe coding as a double-edged sword for the open-source community.
Government has announced a number of measures to help South Africa’s ailing film and television industry.
MTN Group has agreed to acquire 100% of IHS Towers, reversing years of selling off its tower infrastructure.
Icasa expects it will soon appoint a service provider that will run South Africa’s next spectrum auction.
World News
ChatGPT maker OpenAI’s co-founder and former chief scientist Ilya Sutskever is starting a new artificial intelligence company.
The bullish chorus on TSMC is growing even louder as a stock rally takes it near the $1-trillion market value milestone.
One of Nvidia’s most bullish analysts is projecting that the semiconductor giant will extend its record-breaking rally.
Apple has overtaken Microsoft to regain its title as the world’s most valuable company.
