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Nokia hurts Microsoft revenues

NEW YORK, USA: Microsoft said its profits took a hit from its newly acquired Nokia phone division but that revenues got a strong lift from cloud services.

23 Jul 2014 09:35


Microsoft closes Xbox Entertainment Studios

SAN FRANCISCO, USA: Microsoft, caught-up in a battle to restructure its business, has confirmed that its studio devoted to original television programs for Xbox consoles will be closed.

21 Jul 2014 08:19


Reorganisation sees Microsoft axe 18,000 jobs

NEW YORK, USA: Microsoft said it would axe 18,000 jobs from its global workforce over the next year, the majority coming from the integration of Nokia bought by it earlier this year.

18 Jul 2014 08:38


Twitter's Rowghani quits

SAN FRANCISCO, USA: Twitter's Chief Operating Officer Ali Rowghani announced he was leaving his post on Thursday, 12 June, amid concerns about sluggish growth at the popular messaging service.

13 Jun 2014 10:40


Enter the 2014 Stevie Awards

SAN FRANCISCO, US: South African leaders in business excellence are invited to enter for the 2014 Stevie Awards. The closing date for entries is 11 June.

2 Jun 2014 09:40


Ousted NY Times editor shows no rancour

WASHINGTON, US: Ousted New York Times executive editor Jill Abramson said on Monday her firing "hurts" but showed no rancour as she pledged to keep her tattoo representing the newspaper.

20 May 2014 11:07


eBay pays USD3.75m to settle 'no-poaching' case

SAN FRANCISCO, USA: Online company eBay agreed to pay US$3.75m to settle allegations it colluded with other Silicon Valley technology firms not to "poach" each other's employees, officials said on Thursday, 1 May.

2 May 2014 09:14


US manufacturing activity picks up in March

WASHINGTON, USA: US manufacturing activity gained pace in March helped by a pickup in new orders and a rebound in production, the Institute for Supply Management said.

2 Apr 2014 09:09

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