A momentous week in the technology sector made it clear there is no sign the boom in building artificial intelligence infrastructure is slowing — despite the bubble talk. Nvidia, whose processors are the AI revolution’s backbone, became the first company to surpass US$5-trillion in market value. Microsoft and OpenAI inked a deal enhancing the ChatGPT…
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters Amazon shares soared 10.81% on Friday after the company reported an across-the-board beat for the third quarter and boosted its forecast for spending due to demand for artificial intelligence services. Cloud was a…
The South African gambling landscape is undergoing a revolutionary and concerning transformation as bettors rapidly shift from traditional land-based casinos to accessible online platforms. According to the National Gambling Board (NGB), this digital migration is now the dominant force in the industry, presenting major challenges related to addiction, legality, and regulation. The core of this…
Chinese e-commerce giant Alibaba has pledged to spend more than $50 billion on artificial intelligence over the next three years. CNBC | Evelyn Cheng SHANGHAI — Chinese tech giant Alibaba is already recouping its investment on artificial intelligence in the company’s e-commerce business, vice president Kaifu Zhang told reporters on Thursday. The Chinese tech giant…
KAMPALA, September 30, 2025–Uganda’s economic growth continues to be strong, with real gross domestic product (GDP) accelerating from 6.1% to 6.8% in the nine months from July 2024 to March 2025. A new World Bank report shows that this good performance was driven by agriculture, manufacturing, construction, plus household and government consumption. In contrast, the…
Most of South Africa’s five largest banks are increasing their spend on IT – excluding staff costs – in single-digit percentages, their most recent full-year financial results show. However, Capitec – although not the biggest spender in absolute terms – bucked the industry trend by increasing its spend by 32% year on year for the…
Despite his austerity measures, the president’s party is expected to do well in the crucial October mid-term elections. Argentina’s libertarian president, Javier Milei, has vetoed bills aimed at increasing pensions and disability spending, amid ongoing protests against his austerity fiscal policies, which are hitting many people in their day-to-day lives. Milei’s administration announced the decision…
New York — Today, 3.4 billion people live in countries that spend more on debt interest payments than on health or education. This marks a trembling indication that the United Nations’ promise for the 2030 Agenda could be slipping away. With less than five years left, developing countries are facing an estimated USD 4 trillion…
Top Trump officials toured Alcatraz Island off California today for a visit aimed at measuring the feasibility of reverting the national park to a prison, a demand Trump made on Truth Social back in May. Fox News accompanied Attorney General Pam Bondi and Interior Secretary Doug Burgum as they toured the federal facility, which closed…
Anthony Zurcher: Passage of megabill is big win for Trump US President Donald Trump has signed his landmark policy bill into law, a day after it was narrowly passed by Congress. The signing event at the White House on Friday afternoon, coinciding with 4 July celebrations, enacts key parts of the Trump agenda including tax…
