Amazon announced a second major wave of layoffs on Wednesday, cutting 16,000 positions globally. This latest move brings the total number of corporate roles eliminated in the last three months to approximately 30,000. The restructuring is a response to pandemic-era over-hiring and a strategic shift toward the widespread adoption of artificial intelligence. Read: iCAUR charges…
Murray Campbell, MD, Cloud and Security at NTT Data MEA. NTT Data has announced a multi-year, strategic collaboration agreement with Amazon Web Services (AWS). The pact will bring NTT Data’s expertise in cloud transformation, cloud-native modernisation and agentic AI with the scale and capabilities of AWS’ services. Under the agreement, NTT Data and AWS will focus…
Groupe Canal+ CEO Maxime Saada on Thursday acknowledged that Showmax, the streaming platform owned by MultiChoice Group, has failed to achieve commercial success and has been a significant drag on the group’s financial performance. Speaking during an investor call following Canal+’s acquisition last year of control of MultiChoice, Saada said Showmax has “been losing a…
During Tesla’s 2025 fiscal year earnings call, CEO Elon Musk announced that the company will “basically stop production” of its flagship Model S and Model X vehicles next quarter. Characterizing the move as an “honourable discharge,” Musk explained that Tesla is pivoting away from traditional premium EVs to prioritize an autonomous and robotic future. While…
Ray Naicker has resigned as Nedbank group CIO. Nedbank Group chief information officer (CIO) Ray Naicker, who is also a member of the Nedbank Group executive committee, has resigned with effect from 31 January. Naicker was appointed as Nedbank Group CIO in February 2023 after being promoted from the position of chief digital officer. In…
Nedbank CIO Ray Naicker Nedbank Group has announced the resignation of its group chief information officer, Ray Naicker, with effect from Friday. Naicker, who is also a member of Nedbank’s group executive committee, has held a number of senior roles at the bank over the past two decades, including group chief digital officer, group programme…
As AI rapidly reshapes productivity, creativity and decision-making across industries, many feel pressured to respond but lack clarity on how to do so meaningfully. The two-day AI Masterclass Summit has been designed to address this gap, translating artificial intelligence from hype and abstraction into strategic thinking, tools and workflows that can be applied immediately. Presented…
Groupe Canal+ CEO Maxime Saada has candidly addressed the financial challenges facing Showmax, admitting that the MultiChoice-owned streaming platform has failed to achieve commercial success. During a recent investor call following Canal+’s acquisition of MultiChoice, Saada noted that the service has been a significant financial drain, losing substantial capital over the past several years. Read:…
Exploring the cyber skills landscape. Logicalis recently partnered with IDC to create an easy-to-digest infographic that highlights key outcomes from IDC research on the current cyber skills landscape. In conversations with customers, Logicalis is hearing a familiar challenge: how to meet rising demands for stronger data security while struggling to hire and retain the cyber…
Woolworths South Africa’s online channels continued to grow robustly over the past six months, with digital sales making an increasing contribution to the retailer’s overall performance despite a constrained consumer environment. In a trading update for the 26 weeks ended 28 December 2025, Woolworths Holdings said revenue through Woolies Dash climbed by 23%, with online…
