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HUMAIN and the National Infrastructure Fund (“Infra”) announced on the sidelines of the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Switzerland, a Strategic Financing Framework Agreement of up to $1.2 billion to support the expansion of AI and digital infrastructure projects in the Kingdom of Saudi Arabia. The Framework Agreement outlines non-binding financing…
US President Donald Trump threatened to hit Canada with a 100% tariff on all Canadian goods if the country’s prime minister strikes a trade deal with China. “If Canada makes a deal with China, it will immediately be hit with a 100% Tariff against all Canadian goods and products coming into the U.S.A.,” Trump wrote…
Image: Reuters TikTok’s Chinese owner, ByteDance, has finalised a deal to establish a majority American-owned joint venture that will secure US data, to avoid a US ban on the short video app used by over 200 million Americans. The deal is a milestone for the social media firm after years of battles that began in…
A 12-year-old boy who was bitten by a shark in Australia’s Sydney Harbor has died of his injuries, his family said on Saturday. The parents of 12-year-old Nico Antic said their son died of the injuries suffered when a large shark attacked him last week as he and his friends were jumping into the water….
The Competition Commission has greenlit Stanlib to acquire Africa Data Centres without conditions. (Image source: 123RF, created via GenAI) The Competition Commission (CompCom) has recommended the Competition Tribunal approve the proposed transaction, whereby Stanlib intends to acquire Africa Data Centres (ADC), without conditions. Data centre operator ADC is a business unit of Pan-African technology group…
As Kenya prepares for its next general election, due in less than 20 months’ time, 2026 will prove to be a critical year. With local and global restraints on political violence being hollowed out at the very time when trust in the credibility of the election system is at an all-time low, serious trouble beckons…
Intel CEO Lip-Bu Tan. Laure Andrillon/Reuters Intel said it is struggling to satisfy demand for its server chips used in AI data centres, and forecast quarterly revenue and profit below market estimates, sending shares down 13% in after-hours trading on Thursday. The forecast underscores the difficulties faced by Intel in predicting global chip markets, where…
Passengers are seen amid heavy crowds and chaotic scenes at Indira Gandhi International Airport after stringent new crew-rostering rules triggered widespread delays and cancellations in New Delhi, India, on Dec. 5, 2025. Amarjeet Kumar Singh | Anadolu | Getty Images India’s largest airline, Indigo, that cancelled more than 2,500 flights within days last month causing…
Petter Sveum, EMEA CTO, Cohesity. Data management firm Cohesity is hosting a webinar on 28 January at 10am, in collaboration with ITWeb, to discuss its Direct I/O architecture. Designed for NetBackup environments, Direct I/O aims to eliminate common bottlenecks to deliver fast, resilient backup and recovery during system failures or ransomware attacks. Moderated by writer and…
