The company’s aggregate ownership interest in ChatGPT developer OpenAI is now approximately 11%.
The company posts net revenue of $13.7 billion, a 3% increase compared to the same period last year.
SoftBank will pay $23 per share of Intel common stock, as the Trump administration negotiates a deal to acquire a 10% stake in Intel.
DStv pirate sentenced to 12 months or R10 000 fine
In this week's tech news roundup, A DStv pirate has been sentenced to either a R10 000 fine, or 12 months of direct imprisonment. In a statement today, DStv parent company MultiChoice says a significant legal victory has been achieved in the fight against digital piracy, with the Germiston Regional Court finding Vuyisile Victor Selem guilty on all charges in case 285/12/2023. Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #MTN #Telecoms News Links: https://www.itweb.co.za/article/itweb-tv-basic-education-minister-talks-tech-overhaul-in-schools/WnxpEv4Ybl57V8XL https://www.itweb.co.za/article/doug-woolley-steps-down-as-md-of-dell-technologies-sa/lLn147mQkN67J6Aa https://www.itweb.co.za/article/sca-rules-turkcells-bribery-case-against-mtn-can-be-heard-in-sa/nWJadMbN2DBMbjO1 https://www.itweb.co.za/article/africa-must-forge-
MTN encounters cyber security ‘incident’
In this week's tech news roundup, MTN Group has alerted stakeholders that it has encountered a cyber security incident that resulted in unauthorised access to some customers' personal information in specific markets. However, Africa's largest telco stated its core network, billing systems and financial services infrastructure are secure and fully operational. Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #MTN #Telecoms News Links: https://www.itweb.co.za/article/compcom-gets-extension-to-finalise-digital-platforms-market-inquiry/KzQenMjykgG7Zd2r https://www.itweb.co.za/article/datacentrix-wins-back-r1bn-sanparks-ict-tender-from-gijima/VgZeyvJlXdEMdjX9 https://www.itweb.co.za/article/iec-begins-consultation-process-on-e-voting/4r1ly7R9ZjGvpmda https://www.itweb.co.za/article/mtn-encounters-cyber-security-incident/Pero37Z3
AI-powered drones, body-worn cameras deployed at SA borders
In this week's tech news roundup, The Department of Home Affairs has introduced new technologies in a bid to protect South Africa’s borders. Home affairs minister Dr Leon Schreiber this week unveiled the drone and body-worn camera technology that will be rolled out by the Border Management Authority (BMA), to improve border management and security. Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #MTN #Telecoms News Links: https://www.itweb.co.za/article/video-mtn-group-makes-move-on-leo-satellite-as-race-opens/xA9POvNEQmpqo4J8 https://www.itweb.co.za/article/ransomhouse-hackers-disclose-data-stolen-from-cell-c/raYAyMorkxm7J38N https://www.itweb.co.za/article/ai-powered-drones-body-worn-cameras-deployed-at-sa-borders/xnklOqz1kpjM4Ymz https://www.itweb.co.za/article/comms-minister-chairperson-in-spat-over-transformation-laws
The Japanese investment firm enters an agreement with OpenAI and its affiliates to make follow-on investments of up to $40 billion.
The Stargate Project is a new company, which intends to invest $500 billion over the next four years, building new AI infrastructure for OpenAI.
The companies announce their collective support for the next-gen technology to drive availability of 5G mmWave networks.
The Chinese-based ride-hailing service is set to start operating in Cape Town, in competition with Uber and Bolt.
The South Korean vehicle conglomerate looks to spearhead innovation in future mobility by acquiring 80% of US-based Boston Dynamics.
The combination brings together Nvidia’s artificial intelligence (AI) computing platform with Arm’s ecosystem to create the premier computing company for the age of AI.
Abandoned by its funder and tenants, the shared office space firm introduces a restructuring process, with plans to cut jobs.
The shared workspaces company claims Softbank's decision to withdraw its $3 billion tender offer is a breach of contractual obligations and fiduciary duty.
Speculation is rife that the COVID-19-triggered global recession is behind SoftBank reportedly backing away from part of its bailout deal with WeWork.