Naspers feels heat as Tencent faces AI reality check

Naspers feels heat as Tencent faces AI reality check

Investors are becoming wary of AI companies’ spending on AI. (Graphic: Nicola Mawson | GenAI and Freepik) The concerns US investors have over the sustainability of hyperscalers’ artificial intelligence (AI) spending has crossed the Pacific, to not only weigh on Naspers subsidiary Tencent, but also on the JSE-listed company. These worries are reflected in the…

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Gambling portal welcome – if data is clean

Gambling portal welcome – if data is clean

The National Gambling Board’s gambling portal must stay updated to be effective. (Graphic: Nicola Mawson | ITWeb and Freepik) While the National Gambling Board’s (NGB’s) introduction of a portal that will allow punters to verify the legal status of online gambling sites is a welcome move, the industry also cautions that the database must be…

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