New lawsuits allege OpenAI negligence

Tech Justice Law has filed three new lawsuits in San Francisco County Superior Court against OpenAI, one with co-counsel the Social Media Victims Law Centre and two with co-counsel McKool Smith, alleging product liability, negligence, invasion of privacy,...

Chip stocks to stay wild

Wild swings in global chip stocks are likely to continue until markets know where US interest rates are heading and who controls Congress after the midterms. This is the warning from Nigel Green, CEO of deVere Group as the turmoil spread from Wall Street to Asia on...
Ampath confirms hack, but disputes theft of 80m patient records

Ampath confirms hack, but disputes theft of 80m patient records

Ampath, one of the country’s biggest pathology labs, has confirmed that it has been the victim of a cyberattack, but has issued a statement clarifying the claim by hackers that “80-million patient records” have been stolen. The company says it has contained the...

Smartphone shipments tank, with worse to come

The global smartphone market shrank 22.0% year-on-year to 255,3-million units in the third quarter of 2026 (3Q26), according to the preliminary data from IDC Research (IDC) Worldwide Quarterly Mobile Phone Tracker, Shipments tanked 22% year-on-year (YoY) in 3Q26,...

Google funds UCT to accelerate AI platform

The University of Cape Town (UCT) has secured $1,6-million (approximately R26,4-million) from Google.org to develop an artificial intelligence (AI)-powered platform that could help doctors make safer, more effective treatment decisions for African patients by mapping...

$3,5trn of AI infrastructure spend risks being exposed to impairment

More than $3,5-trillion of AI infrastructure spending could be exposed to impairment by the end of 2030, if AI providers continue their current pace of capital spending, according to Gartner. “In 2026, AI providers are expected to spend nearly $1-trillion on AI...