Just months before Microsoft is due to open two Azure data centres in South Africa, the world’s largest cloud provider, Amazon Web Services, has announced it will also open data centre facilities in the country.
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Altron has resumed dividend payments to shareholders, sending the group’s shares higher on the JSE on Thursday. It’s the first time it has paid a dividend since 2016.
South African innovators hoping to position the country as a hub for fintech innovation are bound to be disappointed by a seemingly small tax law change being proposed.
Naspers has announced a management shake-up at MultiChoice, with the creation of a new MultiChoice Group business (formerly Naspers Video Entertainment), which will be headed by Calvo Mawela.
Automating the claims process would benefit both the insurer and the insured. It is already possible, and it seems likely that things will move quickly in this direction.
Cathay Pacific Airways, Asia’s biggest international carrier, said a hacker gained access to information on about 9.4 million passengers, the third major global airline to report a data breach this year.
Profit secured! Tesla blew away expectations with just the third quarter of positive earnings in its history, bolstering Elon Musk’s bid to make selling electric cars a financially sustainable business.
Twitter has topped estimates for earnings and revenue in the third quarter amid higher spending from advertisers, marking a much-needed boost for the social networking site.
Microsoft posted another quarter of brisk revenue growth driven by cloud services, underscoring the company’s success in shifting its business toward Internet-based computing. The stock rose in extended trading.
Strong results from Microsoft, Tesla and Xilinx are helping to salve wounds after technology stocks led the Nasdaq 100 Stock Index to its biggest rout in seven years.