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Nvidia’s quarter was bigger than TSMC’s entire year

Nvidia generated more revenue in a single quarter than the company that manufactures its chips generated in the whole of last year. This comparison puts the scale of the result into sharp focus, says deVere Group CEO Nigel Green. Nvidia reported quarterly revenue of...

Samsung widens lead in declining MEA smartphone market

Smartphone shipments in Middle East and Africa (MEA) declined 10% YoY in Q2 2026, a quarter with no sales-driving occasion to support demand. The contraction was not evenly distributed among brands, however: several brands saw their shares decline steeply, while...

South Africans being forced into debt for daily essentials

South Africa’s cost-of-living crisis continues to deepen, with rising reliance on credit driving nearly a third of South Africans to borrow from informal lenders - often just for household essentials – according to Wonga’s annual credit utilisation survey. Surveying 4...

Rise in ransomware targeting ICS systems

In Q2 of 2026, the percentage of Industrial Control Systems (ICS) computers on which malicious objects were blocked continued to decrease but, at the same time, the percentage of these computers targeted by ransomware increased across almost every global region. This...

Musk gets highest Ukraine award for Starlink access

Elon Musk has been awarded one of Ukraine’s highest honours for Starlink’s role in the Ukraine war. Ukrainian president Volodymyr Zelenskyy awarded Musk the Order of Freedom for his “outstanding personal merits” in protecting human life and freedom and strengthening...

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Alphawave’s Saigen and Callbi merge

Specialised South African technology group Alphawave’s businesses Saigen and Callbi have merged into a single operating company trading as Saigen, with Sam Clarke as CEO. The two businesses have operated as closely linked companies for years. Saigen builds AI-powered...

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Meta settles lawsuit alleging child harm

Facebook’s parent company Meta has agreed to settle a court case alleging that its platforms harm children for up to $18-billion, and will implement daily time limits, overnight lockouts and stronger parental controls. Meta will pay $12-billion over 10 years, with...

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July sees lift in real net salaries

South African salary earners saw a further modest improvement in nominal net salaries in July 2026, although ongoing economic  pressures continue to constrain salary growth and household purchasing power. This is according to the latest PayInc Net Salary Index, which...

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