Intel’s first forecasts for 2019 sent a signal to investors that a torrent of spending on data centres, which has nourished sales and earnings growth for years, is beginning to dry up.
Author: Agency Staff
Huawei’s consumer chief has dismissed US “political forces” and attempts to crimp the company’s growth, saying sales of smartphones and other devices surged by about 50% to a record $52-billion in 2018.
MTN Uganda is in talks to sell an unspecified stake to the state-run National Social Security Fund that would widen local shareholding currently at only 5%, President Yoweri Museveni’s office said.
Microsoft’s Bing search engine has been blocked in China, rendering yet another Western Internet service inaccessible to the world’s largest online population.
The Public Investment Corp breached policy when it agreed to invest in a local technology company before the deal had received the necessary approvals.
GDPR rules are impeding innovation, harming small businesses, inhibiting growth, imposing needless costs, annoying consumers and accomplishing nothing.
China is stepping up its efforts to rein in the country’s Internet, singling out Tencent’s popular news app for spreading vulgar information while shutting down more than 700 websites and thousands of apps.
The Soviet system ultimately collapsed under its own weaknesses – lack of innovation, a chronic shortage of consumer goods, inept central planning. None of these are obvious Chinese failings.
IBM gave a positive forecast for 2019 and beat analysts’ estimates for quarterly sales and earnings, led by its business that helps companies and governments manage their technology.
South Africa’s inflation rate reached the mid-point of the central bank’s target range of 3-6% in December — something the Reserve Bank says would allow for flexibility in dealing with price shocks.