Zoom stock surges 18% as corporate expansion and AI fuel growth

Zoom stock surges 18% as corporate expansion and AI fuel growth

Shares of Zoom Video Communications Inc. skyrocketed as much as 18% on Friday, marking the company’s largest intraday gain since September 2020. The stock rally followed a stronger-than-anticipated sales forecast, signalling that the videoconferencing pioneer is successfully convincing enterprise clients to pay for its broader ecosystem of workplace productivity tools. Read: Google says Gemini Omni…

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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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Fixed wireless surges as SA broadband market resets

Fixed wireless surges as SA broadband market resets

South Africa’s broadband market is shifting toward fixed wireless growth. (Image created using ChatGPT) Fixed wireless access (FWA) is increasingly gaining ground in South Africa’s broadband mix, emerging as a fast-scaling alternative alongside fibre. This, as local operators respond to the rising demand for household connectivity. A new Opensignal report shows how competition is intensifying…

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SA daters warned as AI ‘pig butchering’ surges ahead of Valentines Day

SA daters warned as AI ‘pig butchering’ surges ahead of Valentines Day

AI-powered ‘pig butchering’ scams target South Africans ahead of Valentine’s Day. (Image source: 123RF) As millions of South Africans turn to dating apps like Tinder, Hinge and eHarmony this Valentine’s Day, law enforcement and cyber security experts are warning of a sophisticated new wave of AI-driven “pig butchering” scams. The warning follows Operation Contender 3.0,…

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Shoprite’s Sixty60 surges 34.6% as digital commerce dominates

Shoprite’s Sixty60 surges 34.6% as digital commerce dominates

Shoprite Holdings’ on-demand delivery powerhouse, Sixty60, continues to redefine South African retail, posting a 34.6% sales increase for the six months ending December 28, 2025. This rapid expansion significantly outpaced the group’s overall growth, signalling a permanent shift in consumer behaviour toward app-based, on-demand grocery shopping. Read: The Switch overtakes the DS as Nintendo best-selling…

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