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Sony’s quarterly profit topped analyst expectations thanks to strong sales of PlayStation games and growth in its music business, which also benefited from a one-time gain on share sales of Spotify Technology.

The slowdown in the global smartphone market is starting to take a toll on Samsung Electronics, with net income falling short of analysts’ estimates as the sluggish market hit demand for its Galaxy devices.

Huge Group trumpeted in a press release on Thursday about how it has turned around its fortunes financially, reporting a profit in the six months to 31 August 2010. But a closer reading

Standard Bank will lease space in its new mega data centre in Midrand to telecommunications operators and other companies as it is only able to use a small portion of the space in the expansive facility for its own needs.