Microsoft shares jumped 15% after cloud guidance eased fears that its AI spending had outrun demand.
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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.
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Two of South Africa’s biggest trade unions have rejected an improved 6% salary increase offer from Eskom.
Automated dispatch technology is gaining ground in South Africa as crime drives a surge in security callouts.
BluEnergy Trading has been granted a multi-year energy trading licence, allowing it to buy and sell power.
iOCO has expanded its operations in Saudi Arabia, growing its cloud practice there through a partnership with AWS.
Starlink has intensified its campaign to secure a South African operating licence amid ongoing regulatory delays.
Telkom Group’s mobile business has passed 25 million subscribers for the first time, powered by strong data growth.
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SpaceX and its CEO Elon Musk have been sued by engineers who say they were fired illegally.
Elon Musk has moved to dismiss his lawsuit accusing ChatGPT maker OpenAI and its CEO Sam Altman.
Apple shares hit their highest level since December as investor sentiment around the iPhone maker continues to improve.
Spotify will introduce a new, higher-priced premium plan for its most ardent users later this year.
The successful launch on Saturday of the James Webb Space Telescope is a timely opportunity to reflect on what previous generations of telescopes have shown us.
If all goes according to plan, the 6.3 tonne instrument will be released from a French-built rocket after a 26-minute ride into space.
