Naspers and its European spin-off, Prosus, expect full-year core headline earnings to jump by up to 28%.
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General Atlantic is backing Westcon-Comstor as investor and lender, freeing R7.1-billion for a planned special dividend.
Meta Platforms’ paid WhatsApp messaging tier adds stickers, themes and custom icons for R28.99/month.
Visa is readying South African banks for AI shopping agents, and its OpenAI deal adds further momentum.
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Intel has announced a new AI chip for the data centre in a renewed push to break into the AI silicon market.
OpenAI will allow mature content for ChatGPT users who verify their age on the platform starting in December.
A stabilising Eskom is starting to place a stronger focus on new technologies and the modernisation of the electricity grid.
The private sector is being asked to take responsibility for safety as panic buttons become mandatory in e-hailing vehicles.
Nedbank Connect is using South Africa as a testing ground for a possible rest-of-Africa expansion.
Spar, coming from behind in on-demand groceries, is betting big on its partnership with Uber Eats to grow its market share.
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Bitcoin scaled a two-year high on Monday, breaking $64 000, taking it within striking distance of record levels.
Nvidia is a reminder of another investor darling that not too long ago soared on dreams of a technological transformation.
Dell Technologies shares surged 32% to hit a record high on Friday, propelled by sales related to artificial intelligence.
Nvidia CEO Jensen Huang has said that artificial general intelligence could – by some definitions – arrive in as little as five years.
Prosus suffers from the same problem as Manchester City Football Club: Because everyone knows it has access to vast amounts of capital, it’s always at risk of overpaying for acquisitions.
On the surface, Intel’s strategic pivot comes at an ideal moment. But despite its bold vision, the company is set to face challenges to its grand turnaround plan that will prove extremely difficult to overcome.
