Microsoft’s cloud computing business slightly re-accelerated and its Teams collaboration software won new users, as a pandemic-driven shift to working from home drove quarterly results ahead of investor targets.
Author: Agency Staff
South Africa’s biggest cities are preparing to source their own power after the energy ministry this month approved letting them wean themselves off the state utility.
Bitcoin is approaching levels not seen since just after the burst of the cryptocurrency market bubble almost three years ago.
Semiconductor designer AMD said on Tuesday it would buy Xilinx in a US$35-billion all-stock deal, intensifying its battle with Intel in the data centre chip market.
There’s no shortage of superlatives for Ant Group’s initial public offering. Here’s a look at some of the key metrics, and why billionaire Jack Ma seems to be such a fan of the number eight.
The Trump administration lost a bid to enforce its prohibitions against the Chinese-owned “super app” WeChat in the US after appealing a judge’s ruling that the ban probably violates the free-speech rights of its users.
Hasso Plattner, chairman of SAP, bought shares worth nearly €250-million in the German software company on Monday after a once-in-a-generation price slide triggered when management dumped its profit targets.
The Covid-19 pandemic is fuelling a boom for Africa-focused money transfer companies, despite predictions from the World Bank of a historic 20% drop in remittances to poorer countries this year.
SAP said on Monday it was going all in on its shift to cloud computing as it abandoned medium-term profitability targets and cautioned that its business would take longer than expected to recover from the coronavirus pandemic.
Eskom, the indebted South African state power utility, will announce its annual results this week after a three-month delay.