Nvidia headquarters, Santa Clara, California. Nvidia has reached the $4 trillion market capitalisation milestone, becoming the first company in the world to do so, as it outpaces the rest of the “Magnificent Seven” technology companies. The rise in the chipmaker’s share price – from $10 five years ago to more than $162 now – makes…
Cybercriminals and malicious hacker groups that successfully breached the IT systems of South African companies in the past year raised their ransom demands nearly sixfold in the same period. According to The State of Ransomware in South Africa Report 2025 by cybersecurity firm Sophos, the median ransom demanded rose shot up from US$165 000 (R2.9-million) in…
U.S. President Donald Trump speaks to the media at the White House in Washington D.C., U.S., June 27, 2025. Ken Cedeno | Reuters Something I rarely, if ever, say: What a wonderful Monday morning! On Friday stateside, the S&P 500 broke its previous record. Celebrations were shared with the Nasdaq Composite, which also hit a…
The State IT Agency (Sita) has said that recent regulatory changes giving government departments the option to procure IT services from entities other than itself have been misinterpreted. In a statement, Sita spokesman Tlali Tlali said government departments are still required to approach Sita first for their IT needs, with the option to procure services…
