Facebook shares surged in late trading after the largest social media company posted robust quarterly sales growth and signalled it may be close to resolving a US privacy investigation.

Microsoft’s cloud computing business fuelled quarterly sales and profit that topped analysts’ estimates, boosted by several new deals with large corporate clients.

The Competition Commission has floated the idea of enforcing functional and/or accounting separation on South Africa’s large mobile operators –…

Vodacom and MTN shares fell after one of South Africa’s competition regulator found that the country’s two largest mobile phone companies overcharge customers for data.

From free burgers and ride-hailing services to hip-hop concerts and discounted petrol: South African banks are going all out to win customers as competition hots up.

SAP raised its operating profit outlook for the year, bolstered by strong growth in its cloud business, as the German software maker pushes ahead with a major restructuring.

John McAfee, the eccentric antivirus pioneer known for his brushes with the law, said he has spoken to bitcoin creator Satoshi Nakamoto and plans to reveal the person’s identity.

Linteg Technologies rolled out a large new fibre-to-the-home network to over 1 800 homes in Jackal Creek using BDCOM fibre networking equipment from MiRO distribution.

Samsung Electronics intends to invest the equivalent of about R1.7-trillion over the next decade or so to take on Intel and Qualcomm in the business of making advanced chip processors.

Microsoft analysts expect strong third quarter results from the company on Wednesday as its cloud computing division continues to see rapid growth.