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Apple design legend Jony Ive joins OpenAI
Apple design legend Jony Ive joins OpenAI
by  AFP

The legendary designer behind Apple's iPhone, Jony Ive, has joined OpenAI to create devices tailored for using generative artificial intelligence, according to a video posted Wednesday by the ChatGPT maker. Ive and his team will take over design at OpenAI as part of an acquisition of his startup named "IO" valued at $6.5 billion.

G7 finance chiefs begin talks under strain of Trump tariffs
G7 finance chiefs begin talks under strain of Trump tariffs
by  AFP

G7 finance leaders exchanged pleasantries before tough discussions Wednesday, seeking to restore stability in the face of economic turbulence from US President Donald Trump's punishing tariffs -- and to strengthen support for Ukraine.

Bitcoin hits record high amid optimism over US legislation
Bitcoin hits record high amid optimism over US legislation
by  AFP

Bitcoin hit a record high on Wednesday, driven by a wave of optimism over cryptocurrency legislation in the United States. Bitcoin broke back through the symbolic $100,000 threshold on May 8 for the first time since February, as Britain and the United States unveiled a trade deal.

Third time lucky? South Africa presents revised budget
Third time lucky? South Africa presents revised budget
by  AFP

South Africa's finance minister presented Wednesday a third version of the 2025 budget after being forced to backtrack on a proposed increase in value-added tax that threatened to split the coalition government. The first version of the budget had proposed a two-percent increase in VAT to 17 percent but was withheld at the last minute.