Elon Musk demands billions from OpenAI in explosive lawsuit

Elon Musk demands billions from OpenAI in explosive lawsuit

Elon Musk. Evelyn Hockstein/Reuters Elon Musk is seeking up to US$134-billion (R2.2-trillion) from OpenAI and Microsoft, saying he deserves the “wrongful gains” that they received from his early support, according to a court filing on Friday. OpenAI gained between $65.5-billion and $109.4-billion from the billionaire entrepreneur’s contributions when he was co-founding what was then a…

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Land Bank flags IT systems disruption

Land Bank flags IT systems disruption

Land Bank confirms temporary unavailability of certain IT systems. The Land and Agricultural Development Bank of South Africa (Land Bank) has announced a temporary disruption to certain internal IT systems. In a statement yesterday, the bank and its subsidiary Land Bank Insurance Company informed stakeholders and the public of the disruption, saying the matter is…

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Cost vs value: Why future-focused businesses choose the right ERP system, not the cheapest option

Cost vs value: Why future-focused businesses choose the right ERP system, not the cheapest option

Rahana Vally, Director at Brilliant Link. (Image: Supplied) As organisations enter a new financial year in March, many finance and operational leaders are reviewing their technology landscape, weighing up whether their current systems can support growth, automation and smarter decision-making. For those considering a new ERP platform, the same pattern plays out repeatedly: the product…

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Extending the life of legacy Cisco networks with SmartCare

Extending the life of legacy Cisco networks with SmartCare

Gail Holt, Managing Director of Hardware Distribution. In today’s economic climate, many companies are under pressure to do more with less. Large-scale network refreshes are often postponed in favour of maximising the value of existing infrastructure, a strategy commonly known as “sweating the assets”. For many companies running legacy Cisco networks, SmartCare offers a practical,…

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The 87% celebration hides a 51% reality

The 87% celebration hides a 51% reality

The 2025 matric results are in. Top achievers have been photographed. Headlines have declared success. And if you believe the numbers, South African education is thriving. But there’s a figure that didn’t make the announcements: 51%. That’s South Africa’s throughput rate, the percentage of children who start grade 1 and make it through to matric….

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Ericsson announces proposed job cuts

Ericsson announces proposed job cuts

Ericsson has proposed staff reductions in Sweden, adding to job cuts in the global tech sector. Multinational networking and telecoms company Ericsson is looking to reduce its staff by 1 600 positions in its home market Sweden. This, as part of measures aimed at ensuring its competitive position, according to the company statement. “The proposed…

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Taiwan seeks arrest of OnePlus CEO

Taiwan seeks arrest of OnePlus CEO

OnePlus CEO Pete Lau. Carlo Allegri/Reuters Taiwanese prosecutors have issued an arrest warrant for the CEO of Chinese smartphone maker OnePlus, alleging he was involved in illegal business and recruitment activities in Taiwan. Taiwan’s Shilin District Prosecutors Office said on Tuesday it had indicted two Taiwanese citizens for helping OnePlus CEO Pete Lau illegally operate a…

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Digital payments unlock opportunities for SA merchants

Digital payments unlock opportunities for SA merchants

SMEs are leading South Africa’s digital commerce revolution. Digital payments are increasingly underpinning merchant growth in SA, with small and medium enterprises (SMEs) using them to unlock new revenue streams, expand their reach and build more resilient businesses. These are among key findings highlighted in the fifth edition of Payfast by Network’s State of Pay…

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AI, automation and the agentic operating model

AI, automation and the agentic operating model

Steve Burke, is the executive for agentic automation at iqbusiness For more than a decade, automation inside banks has been used discreetly and on a distributed basis, principally for task automation. It handled bits of processes, typically within business silos. That limited, incremental approach made sense when robotic process automation (RPA) was deterministic, fragile and…

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