IBM reported third quarter revenue that missed Wall Street estimates, with the long-awaited revenue infusion from Red Hat failing to compensate for continued declines in other parts of its business.
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EOH has blacklisted 50 “enterprise development” partners and intermediaries and reported suspected criminal behaviour to authorities for investigation and possible prosecution as it continues a clean-up of its operations.
EOH Holdings plans to sell a further R1-billion of non-core businesses in 2020 as it reorganises and reduces debt.
The JSE-listed software services group reported a rare slide in profitability for the year ended 30 June 2019 and has deferred a decision on a dividend payment to shareholders to the end of the year.
EOH Holdings’ new black empowerment partner, Lebashe Investment Group, has said it won’t subscribe for a R250-million third and final tranche of a planned R1-billion investment in the JSE-listed technology group.
EOH has been accused of ignoring calls for an independent investigation into a subsidiary company, Healthshare Health Solutions, which is accused of sabotaging a client’s business.
EOH Holdings expects to report a headline loss per share of at least R18 for the year ended 31 July 2019, with the number impacted by impairments, it warned shareholders on Wednesday.
Oracle has unveiled an operating system that runs without the need for human oversight, part of a raft of new software tools meant to ease the company’s rocky transition to cloud computing.
Dimension Data is at an advanced stage of talks to sell The Campus, long the site of its head office in Johannesburg, TechCentral has learnt.
Zoho Corporation, a Chennai, India-based developer of a wide spectrum of software-as-a-service business applications, is eyeing significant expansion in South Africa.