Cell C Holdings has priced its JSE listing at R26.50 per share, creating a R9-billion market cap. The telecom giant expects to start trading on November 27 with 30% of shares offered to investors.
Wall Street’s creaky trading infrastructure is getting a blockchain makeover. From Robinhood to J.P. Morgan, firms are turning stocks into digital assets that settle instantly rather than taking days. But not everyone thinks this revolution is entirely good news.
US tech stocks extended their rebound Monday with the Nasdaq Composite rising 1.8%. The rally comes as traders now see a 65% chance of a Fed rate cut in December, up from 40% before recent comments from New York Fed president John Williams.
Malaysia’s cabinet has approved a ban on social media accounts for anyone under 16, set to take effect in 2026. The country joins Australia and Denmark in implementing age-based social media restrictions amid growing concerns about children’s online safety.
The AI revolution is fundamentally changing electricity infrastructure needs. Data center power requirements are increasing over 100-fold while electric vehicles add another layer of demand that could require rebuilding our entire electrical grid in just 25 years.
Pope Leo XIV delivered a virtual address to thousands of American teenagers, urging caution with AI tools. He specifically warned against using AI for homework, emphasizing it lacks human judgment and wisdom. The pontiff’s message comes as research shows 84% of high school students use generative AI
Samsung is bringing LG’s semiconductor testing subsidiary LB Semicon on board for its upcoming flagship Exynos 2600 chip. This marks the first time LB Semicon will handle testing for a high-end Exynos processor. The move suggests Samsung expects to ship significant volumes of the chip that will powe
A new basic income-style program in New York City is distributing $12,000 in cryptocurrency to 160 residents. The pilot, funded by Coinbase and run by nonprofit GiveDirectly, combines monthly payments with a large lump sum. Participants receive USDC stablecoin through February 2025.
Christmas 2025 is shaping up as the most digitally assisted shopping season yet. Nearly half of UK consumers would trust AI with £200 purchases, while BNPL usage surges for budget flexibility.
Tim Cook probably won’t step down as Apple CEO in 2026 despite recent speculation. The company faces major product transitions next year including a foldable iPhone. Apple’s hardware chief John Ternus remains the likely successor whenever Cook does depart.
