EOH Holdings on Friday published an open letter to its stakeholders after its shares were pummelled this week following the news that Microsoft had terminated two partner agreements with its subsidiary, EOH Mthombo. Read the full letter here.
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EOH updated shareholders on Wednesday after Microsoft pulled the plug on two partnership agreements, but has still not explained the software giant’s reasons for doing so.
Huawei is preparing for a March launch for its cloud data services in Africa, it said on Wednesday.
Shares in EOH Holdings plunged by as much as 34.3% in Johannesburg on Tuesday morning after news emerged late on Monday that Microsoft had terminated two partner agreements with the JSE-listed technology services group.
Listed technology services group EOH Holdings issued a statement to shareholders at 1.41pm on Tuesday, providing an update on the termination by Microsoft of its channel partner agreement.
Mystery surrounds a decision by Microsoft South Africa to terminate two partner agreements with JSE-listed technology services group EOH.
In the podcast this week, Duncan McLeod and Regardt van der Berg discuss Stella Ndabeni-Abrahams altercation with an SABC news crew at the weekend, and her subsequent apology.
Microsoft’s own security chief has suggested Internet Explorer should not be used as a main Web browser, saying it now only exists as a “compatibility solution”.
Microsoft reported second quarter sales that met projections, though weakness in the PC market and broader concern about slowing cloud services growth sent the shares lower in late trading.
It wasn’t all that long ago that Microsoft was the European Commission’s nemesis. Facebook should take some lessons for the software giant to overcome its regulatory challenges.