Lenovo Group posted a surprise quarterly loss after losing its grip on the global PC market, while its smartphone unit continues to bleed money. China’s largest PC maker reported a net loss of US$72m in the three months
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Worldwide PC shipments fell by 4.3% in the second quarter of 2017 compared to the same period a year ago, marking the 11th straight quarter of declining shipments, according to analyst firm Gartner. Just over 61m PCs
Four years after Blackstone Group and Silver Lake Management battled to take Dell private, buyout firms are back in the market for big leveraged technology deals. BMC Software, owned by Bain Capital and Golden Gate Capital
“Psst. Get into laptops. That’s where the money is.” Seriously, if you heard someone whisper that to you in a bar, you’d call them a taxi and tell them to lay off the bottle. Huawei Technologies
More than half of South African business leaders believe that the next wave of technology disruption will come from outside the traditional IT department. New research by specialist market research
Dell Technologies wrapped up the acquisition of EMC in the largest technology deal in history, positioning the company to use its size to invest in new areas and fend off competition from the cloud and other rivals. The combination creates a
As one of the many perks of the oh-so-hard life of a technology journalist, I was flown to Las Vegas as a guest of EMC for its annual EMC World event earlier this month. Like all such events, this was a chance for the company to trumpet its
Just a few days ago, a sliver of news slipped out that went mostly unnoticed, except for a mention here and there. Ford announced an investment in Pivotal, a big data and cloud-based software platform company to further enhance its
PC shipments in Africa and the Middle East fell by 28,7% year on year in the fourth quarter of 2015, the steepest ever recorded in the region for a single quarter, technology research and consulting firm International Data Corp said on Tuesday
Dimension Data sister company, NTT Data, is acquiring the IT services subsidiary of American technology giant Dell for US$3,1bn, or about R48bn at the current exchange rate. Dell is selling Dell Services – the former Perot Systems, which it bought