Computer Associates International (CA) has announced total second quarter revenue of $772 million, a 5% increase from the comparative period last year, and cash generated from operations of $202 million.
Logitech has announced second quarter revenue of $252 million, an increase of 16% over the same quarter last year, and an operating income of $25.7 million, an increase of 37%.
IBM and PricewaterhouseCoopers (PwC) have announced IBM`s acquisition of PwC Consulting, the management consulting and technology services unit of PwC.
Telkom and JSE-listed CS Holdings have entered into an alliance aimed at providing their customers with the full spectrum of IT and telecommunications services.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
Connection Group CEO Pierre Joubert has stepped down to take up a post at Rand Merchant Bank`s corporate finance division.
Lexmark International has posted a 5% increase in third quarter revenue to $1.041 billion and earnings per share (EPS) of 70c, up from 52c a year earlier.
Last week saw the continued lack of overseas interest in the second national telecoms operator (SNO) and Datatec taking top honours in the SA Global Awards.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
Sun Microsystems, which yesterday announced it would cut a further 4 400 jobs, has told international offices to cut costs, according to sources. SA MD has refuted the speculations about local impact.
Symantec has posted fourth quarter revenue of $325 million, compared to $242 million for the comparative period last year.
Intel has announced third quarter revenue of $6.5 billion, up 3% sequentially and flat year-over-year, and third quarter net income of $686 million, up 54% sequentially and up 547% year-over-year.
Top business technology headlines 20 - 26 February 2022
A summary of the top business technology stories shared by ITWeb between 20 - 26 February 2022. Visit www.itweb.co.za for more news. #ITWebCloudDatacentresummit2022 #newsvideo #Fraudcases
Deloitte & Touche has developed a new service that streamlines the information gathering and calculation process that precedes submission of tax forms for individuals, expatriates and high net-worth individuals.
Connection Group shareholders have given the group permission to implement various steps aimed at cleaning up the shareholder base and cutting administrative costs.
The Altron Group has delivered a strong set of interim results despite a global downturn in the telecommunications and IT markets.