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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The entry of China’s Haier into South Africa looks set to sharpen competition in the local home appliance market.
A look at South African tech start-ups whose global acquisitions delivered big exits for founders and international impact.
Standard Bank is accelerating the shift to cashless branches as it adapts its physical network to changing customer behaviour.
OpenAI is unsatisfied with some of Nvidia’s latest AI chips and has sought alternatives, sources have said.
The transaction values SpaceX at $1-trillion, and xAI at $250-billion, according to a person familiar with the matter.
Appliance and smart home giant, China’s Haier Group, has officially launched in South Africa.
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Investors, traders and mining executives have warned for years that the world faced a critical shortfall of copper.
Apple is developing a slimmer version of the iPhone that is likely to be launched by 2025, a report said.
In a major strategic shift, Microsoft is said to be planning to release the coming installment of Call of Duty to Game Pass.
Meta’s Threads is testing its own version of TweetDeck, a feature once popular with Twitter users.
What’s fascinating about Facebook is that it’s held to an unfairly high standard not only by its critics, but also by its own executives. By Matthew Yglesias.
Investors ought to be clamouring over GlobalFoundries’ $1-billion initial public offering. Except the company is struggling to make money in a chip boom.
