Under fire, Nvidia goes to war with its critics

Under fire, Nvidia goes to war with its critics

Dado Ruvic/Reuters Nvidia, the world’s most valuable company, has gone on the defensive against sceptics of its US$4.5-trillion valuation, down from an historic $5-trillion, by waging an information campaign on Wall Street and social media. Last week, the company issued a detailed memo to sell-side stock analysts with a point-by-point rebuttal of claims made by…

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Gauteng under fire for failing to pay R344m Microsoft licence fees

Gauteng under fire for failing to pay R344m Microsoft licence fees

Microsoft says it does not disclose or comment on the commercial terms of customer agreements. The Gauteng Provincial Government owes Microsoft R344 million in unpaid licence fees. This was revealed during a recent e-government portfolio committee meeting. According to a presentation by the provincial government’s finance department, it embraced digital transformation by integrating a range…

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