Beijing said to move to clarify ambiguity in offshore trust tax rules

Beijing said to move to clarify ambiguity in offshore trust tax rules

A growing appreciation of family-oriented leisure pastimes and rapidly increasing prosperity are driving demand for vessels from dinghies to yachts. Nelson Ching | Bloomberg | Getty Images Beijing is moving to clarify new tax rules on offshore trusts that have sowed confusion among wealthy Chinese citizens and their advisers.  China’s State Taxation Administration is conducting…

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Silver Lake said to be in talks to buy Workday

Silver Lake said to be in talks to buy Workday

Workday South Africa MD Kiv Moodley speaking at a recent client event in Johannesburg Private equity firm Silver Lake is in talks to acquire Workday in a deal that would rank among the largest software buyouts in history, according to people familiar with the matter. News of the talks sent Workday shares nearly 18% higher…

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ITWeb TV: The growth of AI at the edge

ITWeb TV: The growth of AI at the edge

The AI boom is squeezing the global supply of RAM and silicon, pushing up prices and disrupting what actually lands on South African shelves. At the same time, print revenue has been sliding year after year — and HP still calls print part of the edge computing ecosystem. Adrian Hinchcliffe puts both to Yesh Surjoodeen,…

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Claude AI watermarking is not definitive evidence, say SA experts

Claude AI watermarking is not definitive evidence, say SA experts

South African AI experts support stronger provenance but warn Claude’s watermark cannot prove who authored or misused content. (Image created via ChatGPT) Anthropic’s move to embed an invisible watermark in content generated by its Claude artificial intelligence (AI) model is pushing AI content identification closer to traceability; however, South African AI experts warn the technology…

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Trump says he will declare Strait of Hormuz a US ‘territory’ amid Iran war | US-Israel war on Iran News

Trump says he will declare Strait of Hormuz a US ‘territory’ amid Iran war | US-Israel war on Iran News

United States President Donald Trump has announced plans to declare the Strait of Hormuz a “territory” of his country as tensions boil with Iran. Speaking in New York on Friday, Trump told supporters that the US would soon claim the vital waterway, which is critical for the global supply of oil, natural gas and fertiliser. Recommended…

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