Nokia warned investors on Wednesday that its first quarter performance was lower than expected, ahead of its earnings report next Thursday. The company also doesn’t expect things to shape up for the second quarter, which means this will be a difficult year for the company overall. But on the bright side, Nokia revealed it sold
Author: Editor
Britain’s BT Group has landed a US$220m (about R1,8bn) global managed networked IT services contract from resources giant Anglo American. The contract covers all of Anglo American’s networking requirements at several hundred locations. The contract term is five years. BT will deploy its BT Connect portfolio
Remember that time in the 1990s when Apple was almost bankrupt and in disrepair? Take note, Yahoo, Apple’s market capitalisation reached the US$600bn mark on Tuesday, the second company in the world to reach the milestone. Apple reached a high of $644/share, reaching a market cap that continues to put space between
Consumers the world around have fallen so hard for the charms of tablets that sales are expected to balloon by 98% this year. Research firm Gartner forecasts that tablet sales will reach 118,9m units this year, up from 60m units in 2011. The firm also pegs tablet sales at 182,4m units in 2013 and 369,2m units in 2016
A lot of people are scratching their heads this week at the news that Facebook is acquiring photo-sharing site Instagram for US$1bn. The allure of retro-styled photo filters is pretty weak justification for a price tag that high. But of course it’s not about the photo filters, it’s about the fact that Instagram engages your
A top-flight list of speakers has been confirmed for the Cloud Computing World Forum Africa event taking place at the Sandton Sun Hotel in Johannesburg on 8 May. The all-day event, for which TechCentral is media partner, features speakers such as Yolisa Skwintshi, head of IT development at First National Bank, Malcolm Laing, group
SABC head of news and current affairs Phil Molefe was placed on special leave on Tuesday, the public broadcaster said. SABC spokesman Kaizer Kganyago said Molefe was placed on special leave with immediate effect. He declined to give the reasons for Molefe’s special leave but said the matter was pending discussions
Before reading this article, may we suggest you do the following experiment: take out your smartphone and if you still haven’t installed WhatsApp (one of the most popular instant messaging applications), go to the app store and download it. Now check who is online. We bet more than 50% of your contacts (including your boss, your
Instagram CEO Kevin Systrom netted US$400m for selling his two-year-old startup to Facebook for $1bn. That’s according to a report by Wired, which cites sources indicating that Systrom holds 40% of the company he founded — an impressively large chunk for any entrepreneur at the time of exit, let alone one on his first company
Iran plans to disconnect itself from the Internet and replace popular services such as Google, Yahoo and Hotmail with homegrown, Iranian services, according to a report in the International Business Times. The IBT writes that Reza Taghipour, the Iranian minister for information and communications