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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Standard Bank now has the second-lowest PayShap fees in the country behind TymeBank, where they remain free.
The Southern African Large Telescope near Sutherland is celebrating 20 years of observing the sky.
Samsung’s unveiling of its first trifold smartphone marks another escalation in the foldables arms race – and another moment where Apple is conspicuously absent.
NCP Chlorchem has embarked on one of South Africa’s biggest private industrial solar deployments.
PayShap adoption grows, but inconsistent bank fees and limited access still hinder its inclusion ambitions in South Africa.
Sanral has stopped supporting magnetic stripe payments at toll plazas ahead of the busy holiday period.
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The US’s top diplomat, Antony Blinken, has said democracies need to do more to disrupt misinformation.
Apple is in talks to build Google’s Gemini artificial intelligence engine into the iPhone, according to a report.
Bitcoin is set to continue its record-breaking rally and rise above $80 000, said Binance CEO Richard Teng.
Swisscom has agreed to buy Vodafone Italia for €8-billion and merge the carrier with its own Fastweb business.
Apple and Microsoft are both looking to dominate the next big things in tech – from artificial intelligence and cloud computing to gaming, tablets, custom processors and mixed-reality headsets.
For now, Naspers and Prosus CEO Bob van Dijk has managed to figure out a short-term fix for his problem. Eventually he’ll need to think longer term. By Alex Webb.
