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The future of JSE-listed electronics and technology group Ellies is in some doubt after it warned this week that Covid-19 has cast “material uncertainty” over its ability to continue as a going concern.

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Amazon.com reminded investors on Thursday that scraping by selling things online was just the beginning. The world’s biggest Internet retailer reported larger profits in the first quarter and forecast more of the

Hiring Sam Altman doesn't solve Microsoft's OpenAI problem

Microsoft exceeded analysts’ projections for fiscal third-quarter sales and profit, lifted by strong corporate demand for cloud computing services as the software maker added new features. Profit in the period ended 31

The US justice department has joined two other agencies probing Huawei Technologies for possible violations of sanctions banning sales to Iran, according to two people familiar with the matter. Agents from the

Facebook hasn’t felt an immediate financial sting from the latest controversies over how it collects and protects people’s information. But that doesn’t mean the company is free from danger. Facebook’s first-quarter revenue rose

JSE-listed technology group Gijima has its sights on the local telecommunications market. It says it will either acquire or partner with a company that has its own network. CEO Jonas Bogoshi says Gijima has decided to play a more direct role in cloud computing, including hosted services and voice and data technologies.

Zimbabwe cellphone subscribers have increased four-fold since a unity government took office last year, but local firms say they battle to attract investors who worry the political truce won’t last. In 2008, when the local currency was ravaged by world-record hyperinflation, Sim cards were selling for up to US$220 — not including a phone.