Microsoft rose on Thursday as first quarter results topped estimates and boosted analyst confidence, with Jefferies writing that the software giant should be able “to weather any storm”.
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Booming cloud business and Office products helped Microsoft deliver healthy quarterly financial results, while Xbox and Surface slowed down, the company has reported in its latest results.
Mark Zuckerberg has indicated he is willing for Facebook to pull out of the libra digital currency if other founding members decide to press ahead without US approval.
Kenya’s biggest company by market value, Safaricom, appointed Peter Ndegwa as CEO from 1 April 2020, amid plans for regional expansion and rising competition at home.
With over 2.3 billion monthly active users around the world, it’s not a stretch to imagine that Facebook could have great influence over who pays whom, and how.
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.
The Volkswagen Golf went on a record-breaking run of more than 35 million units sold to date. But in the 45 years since the first one rolled off the line, the ground has shifted.
Tencent’s accelerating sell-off could get a lot worse if the stock fails to hold above its key support level.
Ticketing company Computicket, which is owned by retailer Shoprite, has lost an appeal over a R20-million fine imposed on it for “abuse of dominance”.
JSE-listed vehicle telematics company Cartrack has delivered a strong set of financial results for the six months ended 31 August 2019, reaching a million subscribers for the first time.