Microsoft, the world’s largest software maker, said it will repurchase as much as US$40-billion of shares in a new buyback programme and boosted its quarterly dividend by $0.05 to $0.51/share.
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Huawei is all set to unveil its latest flagship smartphones later on Thursday. They are likely to be the first not carrying core Google apps amid an ongoing trade dispute with the US government.
Rain has launched a commercial 5G wireless home broadband service, becoming the first telecommunications operator in South Africa to do so.
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.
From inception, no one has made an equity return from investing in Cell C. It’s doubtful whether Jonathan Beare and his Buffet Consortium will be any different.
Facebook has said it expects to name the first members of a new quasi-independent oversight board by the end of the year.
Seacom has launched a point of presence in Bloemfontein for business customers.
Germany has delivered a blow against Facebook’s planned cryptocurrency, expanding Europe’s opposition to the social network’s financial ambitions.
US enterprise software giant Oracle has listed South Africa as one of the countries where it plans to invest in cloud data centre facilities before the end of next year.
Facebook is once again defending libra – this time against fears that the envisioned cryptocurrency could replace sovereign currencies from the US dollar to the euro.