Samsung profit surges over eight-fold to beat estimates as AI boom fuels memory chip crunch

Samsung profit surges over eight-fold to beat estimates as AI boom fuels memory chip crunch

The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Samsung Electronics reported an over eight-fold increase in first-quarter operating profits on Thursday, hitting a new record and beating analysts’ estimates on the explosive growth of…

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Slow AI adoption fuels dangerous ‘shadow AI’ inside companies

Slow AI adoption fuels dangerous ‘shadow AI’ inside companies

Sibusiso Ngubeni, head of the data office for strategy enablement at Standard Bank Group’s CIB division. Corporate attempts to slow down artificial intelligence (AI) adoption in the name of governance may be backfiring, with employees increasingly turning to unsanctioned tools, exposing companies to data leaks, compliance failures and cyber risk. This was the warning from Sibusiso…

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Intent-driven marketing fuels SA’s e-commerce

Intent-driven marketing fuels SA’s e-commerce

Automation drives ecommerce gains in South Africa. South Africa’s e-commerce sector recorded strong growth in 2025, with order volumes across all channels increasing by 47% year-on-year (YOY), according to a new report by e-commerce marketing platform, Omnisend. The report is based on an analysis of nearly 3 000 South African e-commerce platforms, drawing on data…

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Africa: This Year’s Climate Talks Saw Real Progress – Just Not On Fossil Fuels

Africa: ‘Decisive Battle’ – Guterres Calls for Youth Power in Fight to Phase Out Fossil Fuels

A page feels like it’s turning. After years of debate, the long-awaited roadmap for phasing out fossil fuels may finally be written into the official decisions of COP30. On Tuesday in Belém, ministers from Colombia, Germany, Kenya, the Marshall Islands, Sierra Leone, the United Kingdom and several other countries, voiced strong support for Brazil’s proposal…

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