Africa must not get left behind in the coming technological stampede

24 Jul 2024 / Ciaran Ryan

The shift is not waiting for anyone – and the two-day Singularity U South Africa Summit in October presents a rare opportunity to hear world-leading authorities on AI, robotics, the metaverse and more. Mic Mann explains the value of preparing to th...

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Google’s ad empire under fire as US antitrust trial begins

10 Sep 2024 / Leah Nylen and Davey Alba, Bloomberg

Google is accused of building up a 'trifecta of monopolies' to lock up the technology behind website ads and harm publishers and advertisers....

Fast News

Apple looks to entice iPhone 16 shoppers with not-quite-ready AI

10 Sep 2024 / Mark Gurman, Bloomberg

It’s a gambit for the tech titan, which has been racing to develop a suite of tools called Apple Intelligence.

Investing

Meme stock investors strive to keep pace with a system that left them behind: research

8 Sep 2024 / Richard Whittle

Meme stocks often have a price which doesn’t reflect the true estimated value of the firm that has issued them.

Companies and Deals

Google is abusing dominance in advertising technology, UK regulator warns

6 Sep 2024 / Katharine Gemmell and Samuel Stolton, Bloomberg

Google denies these claims saying they are based on 'flawed interpretations of the ad tech sector'.

Fast News

Telegram’s Durov says ‘growing pains’ aided criminal ‘abuse’

6 Sep 2024 / Aisha Counts, Bloomberg

Telegram has frequently drawn criticism from governments including the European Union and authoritarian regimes in Russia and Iran over content on the platform.

South Africa lures BYD with critical minerals, car output skills

Companies and Deals

UPDATE

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South Africa lures BYD with critical minerals, car output skills

6 Sep 2024 / Bloomberg News

BYD has also said that its investment in Brazil will increase from $602m to $976m.

Fast News

Nvidia rout has traders watching $100-share level amid ‘vacuum’

4 Sep 2024 / Jeran Wittenstein and Ryan Vlastelica, Bloomberg

The latest selloff — with shares down 14% over three trading sessions — was triggered by the chipmaker’s earnings, which failed to live up to lofty expectations.

Fast News

‘Buy the dip’ back on traders’ radar after Nvidia fuels selloff

4 Sep 2024 / Youkyung Lee and Winnie Hsu, Bloomberg

The VIX Index, known as Wall Street’s 'fear gauge,' spiked on Tuesday, and there are more sources of potential volatility to come this week.

Tech

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Telegram founder arrest: What happens next could change the course of big tech

1 Sep 2024 / Timothy Koskie

Its all a question of moderation.

Fast News

Amazon eyes land in New Zealand for internet-from-space project

31 Aug 2024 / Tracy Withers, Bloomberg

Providing competition for Elon Musk’s Starlink network.

Fast News

US stocks rebound on resilient economy, Nvidia sinks

29 Aug 2024 / Natalia Kniazhevich, Bloomberg

Nvidia is 2.28% lower as its outlook failed to live up to elevated expectations even as the company’s results showed strong growth in the latest quarter.

Fast News

Key takeaways From Nvidia’s second-quarter earnings report

29 Aug 2024 / Ian King and Ed Ludlow, Bloomberg

Huang said that supply will continue to improve each quarter and will be much better next year than it’s been in 2024. Overall, next year will be great, he said.