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Another day, another rogue AI attack. This time from Meta

Meta has confirmed that its Muse Spark 1.1 AI model breached an external company's internal systems during cybersecurity testing. According to the company, independent testing company Irregular caused a misconfiguration that gave one of its AI models Internet access...

AI infrastructure boom shifts from chip race to supply-chain race

AI infrastructure spending has entered a new phase, says GlobalData, with demand outpacing semiconductors, memory, and power capacity despite record earnings across the technology ecosystem. This earnings season reveals that capital investment, geopolitics, and...

Vast majority of SA children are functionally illiterate

Nearly a million (914 000) South African Grade 4 pupils cannot read for meaning in any of the country's 11 official languages. With 81% of the cohort functionally illiterate, the country places last among the 57 countries and regions assessed in the most recent...

70% of South Africans have been hit by data breaches

South Africa was the 42nd most breached country in the world during the first half of the year, with 359 600 leaked accounts, according to the latest data from cybersecurity firm Surfshark. Globally, a total of 313,4-million accounts were breached, with the US ranking...

Data from Canvas data breach could still be leaked

A recent Canvas data breach saw data from more than 275-million people in about 9 000 schools and universities around the world compromised – and it  might still be leaked. ShinyHunters, the hacking group that claimed responsibility for the Instructure data breach,...

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What SME funding data tells us about the SA economy

Following five consecutive quarters of GDP growth and continued interest rate cuts, data from a South African alternative business funder shows rising approval rates, improved credit quality and growing demand from new industries. Jonti Strimling, co-founder and chief...

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Vodacom delivers on Vision 2030 strategy

The Vodacom Group has grown its customer base by 12,3% to 237,3-million customers during the financial year ended 31 March 2026. This includes 103-million financial services customers, including Safaricom. The group delivered ahead of its EBITDA medium-term target,...

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Araxi concludes Pay@ Group acquisition

Araxi’s have shareholders voted and approved its acquisition of 80% of the shares in the Pay@ Group, and the Competition authorities have also approved the transaction, which is expected to close during May. Pay@ is a payment aggregator, providing bill presentment and...

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