The PIC has been thrown into further turmoil after firing an assistant portfolio manager who warned that the organisation moved too quickly when investing in a little-known technology company.
Author: Agency Staff
Microsoft has won the sought-after Jedi cloud computing contract with the Pentagon, dealing a blow to the market leader, Amazon.com, which had been the front-runner.
Adobe exposed the data of 7.5 million of its creative software customers, a person familiar with the matter said, in the latest example of a company leaving consumer information visible on the Internet.
The group that has hacked the City of Johannesburg is demanding a ransom of four bitcoins worth the equivalent of about R450 000.
Google is injecting its search engine with new technology to better interpret the billions of Web queries it handles every day, a change top executives described as one of the most significant in the company’s history.
A flurry of large trades in Naspers affiliate Tencent shows Asia’s biggest stock will struggle to avoid its worst week in months.
Twitter CEO Jack Dorsey called out his counterpart at Facebook, saying Mark Zuckerberg has a “major gap and flaw” in his argument for free speech on social media.
Jeff Bezos is about to relinquish the title of world’s richest person to Bill Gates, as Amazon.com shares tumbled in late trading on Thursday.
Nokia only really has two competitors in the telecommunications equipment business, and one of them has been all but banned from much of the market. Pretty ripe conditions for a thriving business? Not for Nokia.
Microsoft rose on Thursday as first quarter results topped estimates and boosted analyst confidence, with Jefferies writing that the software giant should be able “to weather any storm”.