Nvidia becomes first -trillion company amid AI boom

Nvidia becomes first $5-trillion company amid AI boom

Nvidia made history on Wednesday by becoming the first company to reach a market capitalization of US$5-trillion, cementing its position as the undisputed backbone of the global artificial intelligence industry. This stunning rally underscores the company’s swift transformation from a niche designer of graphics chips into a dominant tech giant, and it solidifies CEO Jensen…

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Hackers hijack company e-mails for SARS court scam

Hackers hijack company e-mails for SARS court scam

Legitimate e-mails are being hacked. (Image source: 123RF, created via GenAI) The South African Revenue Service (SARS) has issued another alert warning about phishing e-mails falsely claiming recipients have been summoned to appear in court over tax issues. ITWeb has received two such e-mails purporting to be court notices – both from legitimate companies –…

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Vumatel, DFA parent company suffers R93m loss

Vumatel, DFA parent company suffers R93m loss

CIVH is the parent company of fibre network operators Vumatel and Dark Fibre Africa. Community Investment Ventures Holdings (CIVH), the parent company of fibre network operators Vumatel and Dark Fibre Africa (DFA), has posted a loss. This emerged when JSE-listed Remgro, which owns CIVH, today announced its annual financial results for the year ended 30…

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A Texas candy company ditched artificial dyes before RFK Jr.’s tenure. It was a sticky process.

A Texas candy company ditched artificial dyes before RFK Jr.’s tenure. It was a sticky process.

Natural dyes, which are derived from plants, produce, spices and minerals, have not been scrutinized as closely by researchers for their health impact or the potential for contamination, experts say. They are also not subject to the same stringent testing requirements as synthetic dyes. That has raised concerns among some food experts and consumer advocates…

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