Altron shares rallied more than 20% on Thursday after the technology services group reported solid interim results despite the Covid-19 pandemic and said it was proceeding with plans to list its Bytes UK business.
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Altron has decided to move ahead with the planned listing of its Bytes UK subsidiary on the London Stock Exchange in an effort to unlock value for shareholders.
EOH Holdings expects to lose less money in the financial year ended 31 July 2020 compared to a year ago as the IT services group makes headway in cleaning up “legacy” issues.
Huawei introduced the Mate 40 smartphone series on Thursday, potentially its last major release powered by its self-designed Kirin chips.
Eskom chief operating officer Jan Oberholzer said on Thursday that the risk of load shedding will be significantly reduced after the completion of the reliability maintenance by September 2021.
Facebook on Thursday said its WhatsApp messaging app would start to offer in-app purchases and hosting services, as it moves to boost revenue from the app while knitting together e-commerce infrastructure across the company.
Huawei quietly spent months racing to stockpile critical radio chips ahead of Trump administration sanctions, ensuring it can keep supplying Chinese carriers in their $170-billion roll-out of 5G technology.
Short-form streaming service Quibi is closing down just over six months after launch. The service had promised to revolutionise how viewers consumed entertainment and was geared towards smartphones.
Microsoft said on Thursday that it has expanded the Surface device range offered in South Africa with the introduction of the Surface Go 2 for both commercial and retail customers.
Pick n Pay plans to launch Pick n Pay Mobile as well as Boxercom, under its Boxer chain, the retail group said on Tuesday during its interim results presentation for the six months ended 30 August 30.