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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Elon Musk is weighing merging SpaceX, xAI and possibly Tesla as investors assess a trillion-dollar AI gamble.
Canal+ CEO Maxime Saada has acknowledged that Showmax has been a significant drag on MultiChoice’s financial performance.
Canal+ says its MultiChoice acquisition will unlock multibillion-rand cost synergies as it targets scale across Africa.
Cloud inertia in government could stall digital reform and leave South Africa behind in the AI era, Microsoft has said.
Nedbank Group has announced the resignation of its group chief information officer, Ray Naicker.
BMW has warned that South Africa’s EV policy delays are harming investment certainty and long-term competitiveness.
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The US has pressed China and Russia to ensure that only humans would make decisions on deploying nuclear weapons.
Apple has closed in on an agreement with OpenAI to use the start-up’s technology on the iPhone.
Apple will deliver some of its upcoming AI features this year via data centres equipped with its own in-house processors.
Apple apologised on Thursday after an advertisement for its latest iPad Pro model sparked an online backlash.
