Business

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IBM logo

IBM earnings down due to poor quarter in hardware sector: analysts

At least five brokerages cut their price targets on IBM Corp shares

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Google logo

Google defends UK tax bill

Google executive Eric Schmidt insisted that the company’s “key” role in developing Britain’s electronic commerce sector should be taken into account

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Telkom Cell C

Cell C looking for Big Daddy: report

There are renewed reports that Cell C may look to partner with Telkom to bolster its financial position

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MTN Target

R97,000 SIM swap scam: MTN denies liability

More MTN and Absa clients come forward to complain of large losses

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AMD logo

AMD results beat expectations in declining PC market

AMD forecast current-quarter revenue above Wall Street’s expectations as it rushes to find new markets to offset its declining core business of PC chips.

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MIcrosoft new logo

Microsoft CFO exits; profit, shares rise

Microsoft Chief Financial Officer Peter Klein will leave at the end of June after 3-1/2 years in the post

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ZTE logo

China’s ZTE drops Iran business

ZTE Corp, China’s second-largest telecoms equipment maker, has essentially stopped doing business in Iran

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Business people globe world silhouette

Whites rule the roost in top management positions

Whites still dominate SA’s top management positions, a report by the Employment Equity Commission reveals

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Nokia Lumia 720 and 520

Nokia sales tumble, but Lumia picks-up

A big fall in sales of Nokia’s basic phones overshadowed a stronger performance from its Lumia smartphones

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Apple Worm angry

Apple stock falls to one-year low

Shares of Apple Inc. are setting a one-year low after news from a supplier hinted at a slowdown in iPhone and iPad production

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