OpenAI on Monday announced that its advertising business has hit $1 billion in annualized revenue run rate, a milestone that the company is touting as proof of its “diversified business model.” The artificial intelligence company is gearing up for what is expected to be a massive initial public offering, and is under pressure to justify…
South Africa’s headline consumer inflation slowed to 4.3% year on year in July from 5% in June, data from Statistics South Africa showed on Wednesday, breaking a four-month run of accelerating prices. Economists polled by Reuters had expected inflation would ease to 4.5%, helped by lower transport costs as fuel prices retreated after a temporary…
Rep. Alexandria Ocasio-Cortez, D-N.Y., said Sunday that she hasn’t ruled out a potential run for president or the Senate in 2028, echoing remarks she has made while campaigning for congressional candidates ahead of November’s midterm elections. “I’m focused on winning the midterms. I’m running for Congress right now,” Ocasio-Cortez first told ABC’s “This Week” on…
Iran’s embassy in the U.K. said Monday that the Islamic Republic had “established a temporary safe & secure maritime corridor, free of technical & military barriers” through the Strait of Hormuz, indicating a reopening of the crucial shipping lanes from Tehran’s perspective. It was not clear if the embassy’s post on social media, in referring…
A runner was gored in the face and many more were fortunate to not be seriously injured during a chaotic bull run at Spain’s San Fermin festival on Saturday. The six bulls and accompanying steers charged through crowds of thrill-seekers who packed the narrow street course in Pamplona. The huge animals knocked down bodies to…
Cape Verde’s football team have been welcomed home by tens of thousands of elated supporters following a historic run at the World Cup. The Blue Sharks flew into the capital city, Praia, on Sunday, having been knocked out of the tournament after a thrilling match against reigning champions Argentina. Jubilant fans transformed the airport’s grounds…
Maryland Gov. Wes Moore easily won renomination for a second term Tuesday, NBC News projects, bounding over a minor obstacle ahead of a potential 2028 presidential campaign that some expect the Democrat to launch in the next year. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The governor…
The Knicks’ stunning winning streak has energised New York as the team prepares for the third game of the NBA Finals at home.
As voice revenue dwindles into a commodity and the industry braces for data eventually to go the same way, Telkom Group CEO Serame Taukobong reckons the operator has years of data-driven growth still ahead of it – and a broader definition of “data” than its mobile rivals. Asked by TechCentral where Telkom’s growth will come…
The South African Reserve Bank has raised its benchmark repo rate by 25 basis points to 7%, breaking a run of stability as a deepening Middle East crisis drives oil prices higher and reignites inflation. The increase, effective 29 May, was backed by four members of the monetary policy committee, with two favouring no change,…
