MoneywebTSMC’s outlook beats estimates in affirmation of AI buildout
The global chip making linchpin is projecting sales of as much as $54.3bn in the December quarter, handily beating analysts’ expectations.
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MoneywebMoneywebSmartphone shipments crash 22% in worst quarter ever, IDC says
Chinese brands like Xiaomi Corp and Oppo took the worst hit among the top names, while Apple and Samsung Electronics fared better due to their larger premium handset portfolios.
MoneywebApple vs OpenAI: Judge says he will ‘likely’ side with iPhone maker
The companies have been at odds for months, despite a two-year-old partnership that wove ChatGPT into Apple software.
Moneyweb‘No one at Sygnia will lose their job to AI’ – Magda Wierzycka
Sygnia CEO's take on why businesses must adapt or risk being left behind in the AI revolution.
MoneywebDenel’s R30bn pipeline, ambitious or achieveable?
Independent defence analyst Kobus Marais questions the way that amount has been calculated and says ‘much of it is like a wish list – a hope that if this and this and this realise, then we can have R30bn’.
MoneywebStandard Bank invests in digital platform OPay
The parties plan to explore African distribution channels for selected banking products and services.
MoneywebAI to cut headcount at more than half of UK firms, CFOs say
Deloitte said Wednesday that 52% of CFOs expect to cut headcount due to the technology, with AI adoption still in its early stages.
MoneywebTFG suffers cyberattack on UK fashion brands
The breach affects Phase Eight, Hobbs and Whistles.
MoneywebIMF, World Bank tout Bangkok blueprint against digital fraud
The initiative comes as Thailand’s efforts to crack down on scam operations have uncovered sophisticated ways in which proceeds of cyber fraud become a major part of broader illicit financial flow, Vitai said.
MoneywebOpenAI says staffer arrested for hidden recording device in office
The incident is poised to heighten concerns about the security at top tech companies at a moment when nations are competing aggressively to develop more powerful AI systems.
MoneywebBytes Technology sells off on strong results
A look at the sharp sell-off in Bytes Technology shares following its results and acquisition of CyberOne, and whether South Africa’s auditing profession is ready for the future.
MoneywebSA TV faces R6bn revenue decline as digital advertising surges
While cinema revenue is expected to rise to more than R1bn, suggesting that audiences continue to value shared entertainment experiences.
MoneywebAI will change jobs before it changes job descriptions
As the Singularity South Africa Summit approaches, Old Mutual group chief human capital and corporate affairs officer Celiwe Ross discusses AI’s impact on work, skills and the future of business.
MoneywebBuitelanders weer “verlief” op Clicks
Chantal Marx, hoof van beleggingsnavorsing by FNB, deel haar mening oor Clicks se aandeelprys, mynbouproduksiesyfers en TFG se kuberaanval in Londen.
MoneywebMore weak banks in IMF doomsday scenario as AI boom fuels risks
Said AI-related challenges could imperil banks even as profits soar.
MoneywebTencent kicks off $5bn bond sale to finance AI spending
To support its escalating investments in artificial intelligence.
MoneywebAnthropic eyeing data centre investment in Australia, envoy says
As the artificial intelligence company scales up its capacity build-out across the world.
MoneywebCopper and aluminium drop as AI selloff saps appetite for risk
Copper fell 0.2% to $14 588 a ton on the London Metal Exchange as of 11:25 a.m. in Shanghai.