368 The owner of Rolling Stone, Billboard and Variety sued Google on Friday, alleging the technology giant’s AI summaries use its journalism without consent and reduce traffic to its websites. The lawsuit…
Category: Business
AI boom puts Africa at a crossroads
263 Last week, Prof Arthur Mutambara, director of the University of Johannesburg’s Institute for the Centre of Knowledge, launched his new book, Deploying Artificial Intelligence to Achieve the UN Sustainable Development Goals….
Walmart may turn to tech to outsmart savvy South African rivals
332 US megaretailer Walmart’s move to introduce its own-branded stores in South Africa is going to be met with stiff competition from established retailers, but its advancements in retail technology – spanning…
Larry Ellison is back: from Silicon Valley bad boy to AI kingmaker
260 Fortune magazine wondered on its cover whether Oracle co-founder Larry Ellison might become the world’s richest person, while BusinessWeek declared Ellison is “cool again”, noting that “Silicon Valley’s bad boy is…
Parks Tau turns thoughtful reform into farce
374 Trade minister Parks Tau It felt like good progress was being made on two fronts – easing the labour law burden on small companies and enabling lending to small businesses. But…
Wafer-thin phones prove design is trumping common sense
325 In the smartphone industry, thin is in — but it really shouldn’t be. Last week, Apple unveiled the iPhone 17 Air, its thinnest iPhone ever, while Samsung recently debuted the Galaxy…
Sentech turns in loss despite hike in revenue, clean audit
342 Sentech CEO Tebogo Leshope Despite allegedly being owed R1-billion or more by the SABC for signal transmission fees, Sentech has reported 16% growth in revenue for the 2024/2025 financial year. However,…
Alphabet joins the $3-trillion club
252 Google parent Alphabet hit a market capitalisation of US$3-trillion for the first time on Monday, riding on renewed optimism around artificial intelligence and a favourable antitrust ruling. Class-A shares of the…
Worst of electricity price hikes is over: Eskom CEO
275 Eskom CEO Dan Marokane Eskom CEO Dan Marokane has again pledged that the state-owned power utility will hold future electricity tariff hikes to single-digit increases, a major shift in tone from…
Economists’ expectations for inflation and the repo rate this week
223 Will inflation stay above 3%, and will the repo rate be cut again after a 25 basis point cut in July, or will the Reserve Bank rather pause the cutting cycle?…