Spending on compute and storage infrastructure products for cloud deployments - including dedicated and shared IT environments - increased 115,3% year-over-year in the third quarter of 2024 (3Q24) to $57,3-billion. According to the latest IDC Worldwide Quarterly...

At the start of the Gates Foundation’s 25th anniversary year, its governing board approved the largest budget in its history. The foundation will operate with a budget of $8,74-billion in 2025. The budget is in line with the foundation’s commitment to reach overall...

Spend on regtech by financial institutions and other industries will increase by 124% between 2023 and 2028 globally, from $83-billion in 2023, according to a new study from Juniper Research. Increasingly complex regulatory requirements are driving corporates to adopt...

A new Kaspersky report has showed that the majority of ransomware attacks in 2022 started with exploitation of public-facing applications, data from compromised user accounts and malicious emails. According to the IT Security Economics report, more than 40% of...

An international team of astronomers has announced the second-ever discovery of a multiplanetary circumbinary system. Circumbinary systems contain planets that orbit around two stars in the centre instead of just one, like in our Solar System. Circumbinary planets...

Loadshedding, constrained consumer spending and dynamic competition, against the backdrop of a sluggish economy with persistent inflationary pressures, have weighed on Telkom's annual results for the year ended 31 March 2023. As it transitions to next-generation...

The latest report from the International Bar Association Global Employment Institute (IBA GEI) states that employers and governments across the world are paying greater attention to sustainability and the promotion of ethical business. Based on data from lawyers in 55...

Check Point Software Technologies researchers have reported on a new version of shellcode-based downloader GuLoader, which was the fourth most prevalent malware last month, according to the company's Global Threat Index for May 2023. With fully encrypted payloads and...

IBM has created more than 6 000 machine learning (ML) patent applications in the last five years, propelling it to the forefront of this transformative technology. According to a BanklessTimes.com report, Microsoft has had around 2 500 patent applications, while...

Convergence Partners Investments, the deep tech investor started by Andile Ngcaba in 2003, has rebranded to Solcon Capital. Under the new brand, Solcon will focus on international deep tech investments in generative artificial intelligence (AI) and large language...