Artificial intelligence is increasingly being used in the financial services industry. As artificial intelligence (AI) takes on a growing role in financial services, from granting loans, to automating small-business bookkeeping, banks grapple with how to use it responsibly and authorities seek to put rules in place. Ciko Thomas, group managing executive of personal and private…
Federal officials are investigating former special counsel Jack Smith after President Donald Trump and other prominent Republicans have alleged that his investigations into then-candidate Trump amounted to illegal political activity. The U.S. Office of Special Counsel, an independent federal agency, confirmed to NBC News on Saturday that it’s investigating Smith for alleged violations of the…
Trade minister Parks Tau South Africa faces a 30% tariff on its exports to the US starting next week, a move expected to cost tens of thousands of jobs after the country failed to secure a trade deal before a deadline set by US President Donald Trump. In an executive order on Thursday, Trump slapped…
The Chincoteague wild ponies have made their annual swim across the Assateague Channel in Virginia for the 100th time. The tradition began in 1925 and sees “Saltwater Cowboys” on horseback round up the ponies, who then swim the channel and come ashore on the east side of Chincoteague Island. The event hosted by the Chincoteague…
OpenAI is rolling out a new Study Mode for ChatGPT, a feature designed to help students better understand complex topics. Similar to Anthropic’s Claude, this new mode will see ChatGPT adopt a Socratic approach to conversations. Instead of providing direct answers, the chatbot will guide the user toward their own solutions by asking initial questions…
Agriculture CS Mutahi Kagwe with KTDA chairman Chege Kirundi (left) and KTDA CEO Wilson Muthaura (right). PHOTO UGC. By CHEGE KIRUNDI As Chairman of the Kenya Tea Development Agency (KTDA), I have had the unique privilege of engaging with diverse stakeholders in our tea value chain; from smallholder farmers to international buyers. Over time, one…
Watch CBS News Trump orders firing of Bureau of Labor Statistics commissioner after weak jobs report; Teen who helped co-workers on graduation night pursues his dream
In this episode of ITWeb TV, Jurie Schoeman, managing partner at BSG, talks about the biggest tech trends the consultancy firm is witnessing in the South African market and how generative artificial intelligence has been received by local firms. He also touches on the company’s graduate programme among other issues. #DigitalTransformation #AI #GenAI #GraduateProgramme Digital…
There are few countries in the world where Coca-Cola isn’t the most popular soft drink. But in Peru, that position is held by Inca Kola – an almost 100-year-old beverage deeply embedded in the national identity. The yellow soda – meant to evoke the grandeur of the ancient Inca Empire and its reverence for gold…
BYD’s Atto 1 BYD – the Shenzhen-headquartered vehicle manufacturer sometimes referred to as “China’s Tesla” – will launch its lowest-model to date, the Atto 1, in South Africa next month, at an expected price point of below R400 000. That’s according to a report by CarMag, which recently travelled to China with BYD. Though it said…
