IBM has named Arvind Krishna as chief executive officer, replacing longtime CEO Ginni Rometty. She will be remembered for two main things: shrinking sales and initiating IBM’s third major transformation.
Browsing: IT services
In a pre-closing update ahead of the publication of the group’s interim financial results for six months to end-January 2020, EOH signalled that it’s slowly turning the corner, operationally at least.
Shares in the JSE-listed technology group plunged to levels last seen more than 10 years ago on Wednesday as investors continued to fret about its prospects.
EOH Holdings chairman Xolani Humphrey Mkhwanazi has passed away, the JSE-listed technology group said on Monday.
EOH Holdings subsidiary EOH Abantu has agreed to sell its shares in Dental Information Systems (Denis Group) to AfroCentric Investment Corp for an effective R250-million.
EOH is in the cross-hairs of shareholders over executive pay, with an astonishing 65% of shareholders voting against the group’s remuneration policy and its implementation at Thursday’s AGM.
Dimension Data has sold its iconic office complex in northern Johannesburg, known as The Campus, to a consortium of black women investors, and announced a major employee share scheme.
NTT Group is offering record pay to hire top scientists as it looks to match some of the basic research prowess of global powerhouses including Google and Apple.
Altron lifted headline earnings per share by 4% in the six months to 31 August 2019 on the back of an 8% increase in revenue from continuing operations to R8.5-billion.
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.