EOH acts to calm market jitters

Technology services group says its sector remains resilient despite ‘a very tough economic environment’

Telkom subsidiary Openserve to offer township Wi-Fi

The telecoms company will pilot its wholesale Wi-Fi network offering in selected townships before the end of 2018

Slack raises $250m from SoftBank and others in uptick in tech start-up funding

The funds provide resources that will help Slack run as a cash-generating company, and will cut its dependence on outside financing, Slack CE Stewart ...

Toshiba pushes ahead with sale of memory chips unit

Group aims to finalise deal to a Bain Capital-led crowd at a board meeting on Wednesday, sources say

Alphabet could invest $1bn in Uber rival Lyft

The money, if a deal is agreed, could come from Google or from private equity arm CapitalG

Apple plays kingmaker in battle for Toshiba’s memory chip business

Apple may provide $3bn for Bain’s bid, supporting Dell, Seagate Technology and SK Hynix, and convincing Toshiba to sign a memorandum of understanding

Government could sell part of its Telkom stake

Telkom has SA’s biggest telecommunications network infrastructure that also covers remote area

Trading update puts brakes on Altron rally

HEPS includes ‘significant’ one-off restructuring costs that Altron says will cut future overheads

Jasco to review its strategy

Group may sell fire business if it cannot find a suitable acquisition after Competition Commission rejects deal

Altron expects HEPS for six-month period to be up between 16% and 36%

With new CEO, Mteto Nyati, at the helm, the company is re-positioning itself as an information and communications technology business

Apple puts its faith in augmented reality to drive sales of its $1,000 iPhone

The company launched its most expensive phone ever, an updated Watch with a cellular connection and a TV set-top box that supports higher-definition video

Best Buy secretly stops selling Kaspersky products

The big box retailer did not announce the change, just stopped offering Kaspersky products on its website

Group raises its offer for Toshiba chip unit

Bain and SK Hynix group hikes its bid for Toshiba chip unit to $22bn

Vodafone offloads shares in Vodacom to major investors

After the JSE closed on Tuesday, Vodafone sold the shares to institutional investors for R165 apiece

Apple refuses to approve India’s anti-spam iPhone app

Infuriating the Indian government, Apple says the app — which shares spam and text logs with the national telecom regulator — violates its privacy policy

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Investors Monthly is a magazine published by Times Media, Media Division included in the Financial Mail on the last Thursday of the month.