After years of being outsold by the iPhone, the venerable iPod has taken a big step toward eventual oblivion. Apple said Thursday it was discontinuing two of the cheapest iPod models: the nano and shuffle. The two
Amazon.com has reminded investors that luring shoppers away from stores and dominating the cloud computing industry isn’t cheap. The company on Thursday forecast a potential quarterly loss for the first time in
Dimension Data will announce a new black economic empowerment deal by no later than the end of October, the group’s Middle East and Africa CEO, Grant Bodley, told TechCentral on Thursday. The new transaction
Scandal-hit state power utility Eskom placed chief financial officer Anoj Singh on special leave on Thursday after he was linked to a series of questionable deals with members of the Gupta family who are
A surge in Amazon.com shares on Thursday in advance of the online retailer’s earnings report has propelled founder Jeff Bezos past Bill Gates as the world’s richest person. Shares of the online retailer
EOH, whose share price gyrated wildly on Thursday, has moved to calm jitters among investors. The company issued a statement to “stakeholders” saying the company remains “strong, with a great leadership team
Twitter failed to attract more monthly viewers in the second quarter, spooking investors looking for evidence that the company is on a sustainable long-term growth path. The shares tumbled more than 9% in early trading
MTN Group, Africa’s biggest mobile-network operator by sales, fell the most in more than a year after a return to first-half profit after a $1bn regulatory fine fell short of analyst expectations. Headline earnings per share
Well-known IT sector investor Andile Ngcaba has sold his stake in Dimension Data and has left the IT services group, where…
People forget that Telkom CEO Sipho Maseko left Vodacom in 2012 under rather strange circumstances. I won’t bore you with the details. But what he has achieved at Telkom since his appointment in April 2013 has