Lobby group Business Leadership South Africa has listed key reforms it views as necessary to fast-track growth in a letter to finance minister Tito Mboweni before his medium-term budget policy statement next week.

Intel on Thursday reported that margins tumbled in the latest quarter as consumers bought cheaper laptops and pandemic-stricken businesses and governments clamped down on data centre spending. Its shares tumbled.

Cisco’s video-conferencing app Webex clocked 590 million participants in September and is on track to record over 600 million this month, nearly double the numbers recorded in March.

Huawei Technologies reported a meagre 3.7% rise in quarterly revenue on Friday, ending the double-digit growth run it enjoyed earlier this year.

Promoted | The first-of-its-kind cyber-protection solution will alleviate key business continuity risks for South African companies.

Promoted | The amount of data enterprises need to process is growing exponentially, making traditional storage methods no longer affordable. Software-defined storage solutions from SUSE offer a solution.

US antitrust officials are nearing a final decision on bringing a lawsuit against Facebook that accuses the social media giant of using its dominance to harm competition.

Promoted | The idea of making IT jobs in the public sector more readily available to smart township youngsters was raised at a discussion hosted by SUSE and TechCentral that looked at IT in the public sector.

Altron shares rallied more than 20% on Thursday after the technology services group reported solid interim results despite the Covid-19 pandemic and said it was proceeding with plans to list its Bytes UK business.

Altron has decided to move ahead with the planned listing of its Bytes UK subsidiary on the London Stock Exchange in an effort to unlock value for shareholders.