There’s a scramble among the world’s biggest technology companies to snap up shares in ARM Holdings.
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Global smartphone shipments are headed for their worst year for over a decade.
Ford CEO Jim Farley sees revenue from in-car software services surging by 1 000% in the next few years.
Apple and Samsung Electronics will invest in ARM at its initial public offering, expected in September, a report said.
SaaS, or software-as-a-service, subscriptions have been increasing in price at rates above inflation for years.
Netflix and other international streaming video providers may in future require operating licences in South Africa.
Amazon.com shares surged on signs its growth engines, e-commerce and cloud computing are faring well in an uncertain economy.
Apple iPhone sales slumped in the company’s most recent financial quarter, sending shares down amid a weaker outlook.
Apple’s high-yield savings account has reached over $10-billion in customer deposits.
Apple is likely to report a dip in iPhone sales in its latest quarter as shoppers held out for a new model in a slow economy.