FBI seizes $1.2bn in stolen Binance crypto | ITWeb Tech Headlines 9 – 14 November 2026
These are the stories making headlines on ITWeb this week. The FBI has seized and restrained more than $1.2 billion (R20.6 billion) in crypto-currency stolen in last month's $6.3 billion Binance hack, as part of efforts to disrupt North Korea's crypto theft operations, while Binance's Africa director Larry Cooke tells ITWeb TV that scams and social engineering remain obstacles to crypto adoption on the continent. Meanwhile, MTN and Cell C have failed to reach agreement on certain matters in their long-standing commercial relationship, although Cell C says its network-sharing agreement with MTN, which runs until 2032, remains in force on its existing terms. In addition, Altron has identified more than 100 AI use cases across its business as it expands its AI factory, with CEO Werner Kapp saying the initiative is about productivity and customer value rather than direct revenue. At the same time, Samsung grew its revenue and unit sales in Africa in the first half of 2026, with second-quarter unit sales up 34.8%
The AI factory delivers improved document processing, efficient customer support and faster software development.
The company reports a 13% increase in operating profit from continuing operations to R622 million for the six months to 31 August.
Govender succeeds Leslie Moodley, who announced his early retirement earlier this month.
The AI factory is central to growth, as it accelerates the shift to platform-based digital businesses, says Altron’s CEO.
The company’s headline earnings per share increased by 34% to 239 cents per share and the final ordinary dividend increased by 44% to 72 cents per share.
The appointment follows the resignation of Grant Fraser, who will be emigrating to Australia with his family.
Netstar will pilot wearable GPS tracking and analytics tools on the Sunshine Tour for the 2026/27 season.
The vehicle tracking and telematics company partners to explore performance analytics for professional golf.
The JSE-listed company flags that both headline and earnings per share will be up significantly.
Yolanden Moodley has been appointed MD of Altron Document Solutions and Warren Mande as COO of Netstar.
Even as global companies cut workers because of the growing use of AI, Altron expects to create jobs as a result of this technology.
The JSE-listed technology group delivers a 15% increase in operating profit, despite a 10% revenue decline in its digital business.