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Google takes hit on growth disappointment

Apr 17 2014 14:04

Google has lost some of its lustre as quarterly results failed to meet lofty Wall Street expectations, sending its shares down sharply.


Google's first-quarter profit rises 32%

Apr 17 2014 14:15

Google chief executive Larry Page says the group has completed another great quarter after reporting that first quarter profit rose 32% from a year ago to $3.45bn.


Satellites to help Africa's hunger for data

Apr 17 2014 12:50

Africa's demand for bandwidth is doubling every year, encouraging commercial satellite operators to launch more units into orbit.


IBM hammered on earnings slump

Apr 17 2014 10:51

IBM has reported a slump in first quarter earnings as the computer giant sees weaker hardware sales and focused more on services and the Internet "cloud".


Alibaba steals Yahoo's thunder ahead of IPO

Apr 17 2014 10:18

If Yahoo appears back in favour, it can thank Alibaba, the Chinese web giant in which it holds a big stake and that is set for a public stock offering.


Weibo sells fewer shares - report

Apr 17 2014 10:11

Sina Weibo has sold fewer shares than expected in its US initial public offering, which has been priced below expectations, according to a report.


Fired Yahoo exec gets $58m severance package

Apr 17 2014 10:10

Yahoo's recently fired chief operating officer has left the company with a severance package of $58m, even though he lasted just 15 months on the job.


SAP confirms 2014 forecasts

Apr 17 2014 11:40

German software giant SAP is sticking to its full-year forecasts for 2014 after profits rose slightly in the first quarter.


Hi-tech group ASML slashes forecast

Apr 16 2014 13:59

Dutch computer chip maker ASML has slashed its forcecasts despite almost doubling profits in the first quarter.


Bitcoin exchange files for liquidation

Apr 16 2014 11:14

Defunct bitcoin exchange Mt. Gox has given up plans to rebuild under bankruptcy protection and has asked a Tokyo court to allow it to be liquidated.



Intel steadies as PC declines ease

Apr 16 2014 10:25

US computer chip giant Intel has reported a modest dip in earnings in the first quarter, amid a stabilisation of the key personal computer segment.


Alibaba to file $16bn IPO next week - sources

Apr 16 2014 09:03

Chinese e-commerce giant Alibaba is expected to file for its US initial public offering next week, moving closer to the biggest-ever listing by a tech firm.

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.

Kasrils an enemy of the people - MKMVA

Former intelligence minister Ronnie Kasrils is an "enemy of the people" with his "No Vote" campaign, the Umkhonto We Sizwe Military Veterans Association says.


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