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04.08.26 - 20:54
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Inside Africa′s Data Centers Revolution | Bloomberg Next Africa (Bloomberg)
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Africa's digital economy is entering a new era, fueled by rapid growth in cloud computing, artificial intelligence, and demand for reliable digital infrastructure. In this episode of Bloomberg Next Africa, industry leaders explore the opportunities, investment trends and challenges shaping the continent's data centers revolution. The discussion examines how AI adoption, energy availability, sustainability and infrastructure development will define the future of Africa's digital ecosystem and help unlock the continent's next wave of growth. The episode features: Jan Hnizdo, CEO of Teraco; James Manyika, SVP of Research & Technology at Google; Johnson Agogbua, Founder & CEO of Kasi Cloud; Robert Skjodt, CEO of Raxio Group. (Source: Bloomberg)...
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13.07.26 - 22:09
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Sunbelt Rentals Appoints Ekta Singh-Bushell to Board of Directors (Business Wire)
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FORT MILL, S.C.--(BUSINESS WIRE)--Sunbelt Rentals Holdings, Inc. (NYSE: SUNB, LSE: SUNB) (“the company”), a leader in the equipment rental industry, today announced that Ekta Singh-Bushell has been appointed to the company's Board of Directors as a non-executive director, effective August 1, 2026.
Ms. Singh-Bushell brings extensive public board and executive leadership experience across finance, audit, technology, business transformation and cybersecurity. She currently serves on the boards of directors of ChargePoint, Inc. and Lesaka Technologies Inc., where she holds multiple committee roles. In addition, she is a founding board member of Women's Health Access Matters and chairs the finance committee. She previously served as a director for Cisco Systems, Inc., TTEC Holdings, Inc., Designer Brands, Inc. and Datatec Limited.
“We are fortunate to add Ekta's breadth of experience across finance, technology and cybersecurity to our Board of Directors,” said Paul Walker, chairman of Sunbelt Rental...
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29.06.26 - 07:54
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Naspers Profitability Jumps 84%, Free Cash Flow up US$2bn in 3 Years (Business Wire)
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CAPE TOWN, South Africa--(BUSINESS WIRE)--Naspers Limited (Naspers) (JSE: NPN): FY26 was a year of delivery: strong results, disciplined capital allocation, and accelerating AI innovation. Naspers delivered across its AI-powered Lifestyle Ecosystem of delivery, finance and experiences, with all regional ecosystems profitable. Our businesses are increasingly interconnected, driving higher engagement, stronger cross-selling and accelerating network effects. AI is embedded at every layer, from agents that run operations to life assistants that serve customers directly. ToqanClaw, our agentic AI platform, is already available to our 5M+ restaurant partners, building the intelligent systems that define the next phase of commerce.
Highlights
53%1 growth in Ecosystem2 revenue, to US$9.7bn
84% increase in Ecosystem aEBITDA to US$1.3bn
Record free cash flow generation of US$1.5bn
24% growth in core headline earnings per share
US$46bn returned through buybacks, driving 16pp NAV accretion
US$2bn of non-core asset sa...
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15.05.26 - 14:06
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′I didn′t want to be the guinea pig′: inside tech′s AI-fueled manager purge (The Guardian)
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Tech workers say AI-driven restructurings are eroding mentorship, support and paths to promotion across Silicon ValleyAs tech companies pour billions into artificial intelligence bets and slash their workforces, middle managers are squarely in the crosshairs.A trend is emerging: when tech CEOs announce that AI is making it possible to do more with fewer workers, they promise to flatten their structures by cutting away what they call unnecessary management layers and bureaucracy. Just last week, the cryptocurrency exchange Coinbase laid off 14% of its workforce while gesturing to the thrill of AI-fueled, minimal-management efficiency. In doing so, it joined companies including Amazon, Block and Meta that in the last year have laid off tens of thousands of employees with a specific focus on removing management layers. Continue reading......
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