Datatec group CEO Jens Montanana Datatec founder and CEO Jens Montanana has restruck a massive collar hedge over 2.4 million of his shares as part of an extension to an equity-funding arrangement – essentially refinancing a loan secured against his stake in the company. According to a JSE investor statement, the transaction involves an off-market…
Oracle’s global workforce declined by 13%, representing a reduction of approximately 21,000 employees, during its 2026 financial year. The downscaling comes as the enterprise software giant continues an aggressive corporate restructuring, heavily accelerated by the deployment of artificial intelligence across its internal operations. Read: Samsung Galaxy Buds 4 Review: Brilliant brains, flawed physics According to…
Naspers and its Amsterdam-listed subsidiary, Prosus, have told shareholders to expect a sharp rise in core headline earnings for the year to 31 March 2026, in what the group has described as the completion of its shift from a passive technology investor into an “active operator of AI-driven lifestyle ecosystems”. In near-identical trading statements published…
Consumer inflation in the United States increased at the fastest pace in three years as surging oil prices amid tensions with Iran weigh on global energy markets before the US Federal Reserve’s policy meeting next week. Inflation rose by 0.5 percent in May compared with the prior month, following a 0.6 percent jump in April,…
Yunus Scheepers, group divisional manager of cyber security operations at BUI. Deepfake attacks have increased by more than 2 000% globally over the past three years. In the last 12 months, 62% of organisations worldwide have experienced at least one deepfake attack, while estimates suggest deepfake-related losses in Latin America alone could reach nearly $40…
South Africa is one of the few markets with the highest rate of suspected digital fraud attempts. (Image source: 123RF) South Africa had the highest rate of suspected digital fraud among African countries analysed, with 3% of transactions involving consumers in South Africa being suspected of digital fraud during 2025 – slightly below the global…
Google’s recent I/O developer conference showcased a future heavy on artificial intelligence, introducing features like the Intelligent Search Box, which processes videos, files, and Chrome tabs, alongside 24/7 background AI Search agents for Pro and Ultra subscribers. However, this aggressive push has triggered a significant backlash from users seeking a traditional search experience, resulting in…
As AI systems grow more capable, criminals are using them to deliver increasingly sophisticated scams. Yet even as attacks on systems grow in scope and frequency, the exploitation of human trust through social engineering remains the most common entry point to full system infiltration. “The most common attacks we see are social engineering attempts leveraging…
Some AI stocks might burst. (Graphic: Nicola Mawson | Freepik & Pexels) Within the past week, several tech stocks – especially those associated with artificial intelligence (AI) – have run up to new heights, with warnings that some of these shares could burst. Lofty valuations are being reached as tech stocks are proving to be…
PRETORIA — The government of South Africa has strongly condemned the circulation of what it termed “fake videos and images” allegedly portraying attacks on foreign nationals, as diplomatic tensions rise across several African states over concerns of xenophobic violence. Authorities in Pretoria dismissed the online content, stating that it was being misrepresented and misused to…
