Intel warned that weak PC demand could persist into 2027. Its shares fell 25% in pre-market trading.
Top News
AI tools that reverse engineer paid programs are producing free clones of Office, Photoshop and other software.
Experts blame a compromised engineer’s laptop for the Binance breach, but warn that AI is raising the risk for everyone.
Dis-Chem doubled spending on its X, bigly labs unit as headline earnings per share fell 12.8%.
More News
AI is being used across Naspers and Prosus subsidiaries for tasks ranging from fraud detection to customer recommendations.
South African policymakers need to to refocus national discourse on the future, not the past.
Prosus on Monday reported full-year core headline earnings of $7.4-billion, up 47% year on year.
Apple executives have held internal discussions about potentially bidding for start-up Perplexity AI.
TakealotMore has helped propel Takealot Group to a 20% jump in revenue, or 15% in local currency.
The move could unlock private financing for South Africa’s huge transmission grid expansion plan.
World News
Not every profound technological advance has broad social and economic implications.
Investors riding the rapid ascent of the artificial intelligence theme are experiencing a hiccup.
Twitter is now worth just a third of what Elon Musk paid for the social media platform, according to shareholder Fidelity.
The company plans to introduce one of the first services that lets companies tap into the potential of generative AI while keeping control over their data.
Naspers, the most valuable company on the JSE, will prioritise investments in classifieds, financial technology and food — activities that it could possibly hive off with separate share listings in the right circumstances.
Good luck to potential investors in Uber Technologies’ coming initial public offering. Multiple advanced degrees might be needed to figure the company out.
