IBM beat estimates for second quarter profit on Monday and signalled that demand in its cloud computing business would get a boost as large corporations accelerate their digital shift due to the coronavirus crisis.
Author: Agency Staff
China is said to be considering retaliating against Nokia and Ericsson if the European Union follows the US and Britain in banning Huawei Technologies from 5G networks, according to a report.
Econet Wireless on Monday sought a court order to suspend a police warrant seeking information on its transactions because this would violate the privacy of the company and millions of its subscribers.
The CEO of South Africa’s beleaguered state-owned defence firm, Denel, will step down on 15 August, the company said on Monday.
While the number of new Covid-19 cases is stabilising in the Western Cape and the Eastern Cape, KwaZulu-Natal is expected to join Gauteng as the country’s epicentre, health minister Zweli Mkhize warned on Monday.
Data suggests we’ve experienced more of a June Jump than a sustained recovery. Further, it appears limited to only a slice of the hardware sector – chips and PC products.
Samsung Electronics is preparing to unveil a slate of new mobile devices at a virtual Galaxy Unpacked event on 5 August, when it will elaborate on its shifting strategy to adapt to the Covid-19 pandemic.
South Africa is considering an independent board for its ailing national airline, with a shareholder structure similar to that of part state-owned telecoms firm Telkom, a senior government minister said.
eBay would prefer to keep a stake in the classified advertising business it’s selling, according to people familiar with the matter, lessening the chances Prosus will win the hotly-contested auction.
Eskom’s own mishandling of a repair contract led to the closure of its Camden power plant, a move that worsened power cuts by South Africa’s near-monopoly electricity provider, the company said.