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Google launched a public beta of a fully-managed in-memory data store service for Redis, The company says its Cloud Memorystore provides a scalable, more secure and highly available Redis service that is fully compatible with open source Redis, letting you migrate your applications to Google Cloud Platform (GCP) with zero code changes. Redis is an […]
IBM will extend its private cloud platforms (IBM Cloud Private and IBM Cloud Private for Data) and its middleware offerings to Red Hat OpenShift Container Platform as Red Hat Certified Containers. The agreement builds on IBM’s recent move to re-engineer its entire software portfolio with containers, including WebSphere, MQ Series and Db2. The companies said […]
Microsoft and Red Hat announced an expanded alliance to enable enterprises to run container-based applications across Microsoft Azure and on-premises using the Red Hat OpenShift Kubernetes platform. Red Hat OpenShift on Azure is a fully-managed service that provides the flexibility to reely move applications between on-premises environments and Azure with a consistent platform. The companies […]
Intel Capital announced investments totalling $72 million in a dozen start-up companies focused in AI, cloud, IoT and silicon technologies. This week the company is hosting an Intel Capital Global Summit in Palm Desert, California to bring together startup entrepreneurs, venture capitalists and tech industry executives. The 12 startups joining Intel Capital’s portfolio are: Artificial […]
Google Cloud Platform (GCP) is building a new region in Zürich, Switzerland. The facility is expected to be online in the first half of 2019. This will be GCP’s sixth region in Europe, joining our future region in Finland, and existing regions in the Netherlands, Belgium, Germany, he United Kingdom, and another facility under development […]
NeoPhotonics reported Q1 revenue of $68.6 million, down 4% year-over-year and 11% quarter-over-quarter. The gross margin was 13.4%, compared to 20.4% in the prior quarter. There was a GAAP net loss of $18.2 million, compared to a net loss of $14.3 million in the prior quarter. Non-GAAP net loss amounted to $14.6 million, compared to […]
Twilio reported revenue of $129.1 million for the first quarter of 2018, up 48% from the first quarter of 2017 and 12% sequentially from the fourth quarter of 2017. AAP loss from operations of $24.3 million for the first quarter of 2018, compared with GAAP loss from operations of $14.8 million for the first quarter […]
Extreme Networks reported revenue of $262.0 million for its fiscal third quarter ended March 31, 2018. GAAP gross margin for the third fiscal quarter was 54.6%, a decrease of 90 basis points year-over-year, and non-GAAP gross margin was 57.9% year-over-year, an increase of 70 basis points year-over-year. GAAP net loss for the third fiscal quarter […]
Sckipio Technologies raised $10 million in new funding for its Gfast chipsets. The new funding round was MegaChips. Intel Capital, Pitango Venture Partners, Genesis Partners, Gemini Israel Ventures, Amiti Ventures, Aviv Ventures, CIRTech Fund and Axess Ventures also invested in the round. This brings total funding in Sckipio Technologies to date. “We see a tremendous […]
ThoughtSpot, a start-up based in Palo Alto, California, announced $145 million in Series D funding for its work in search and AI-driven analytics for the enterprise. The round included existing investors Lightspeed Ventures, Future Fund, Khosla Ventures, and General Catalyst participated, alongside new participants Sapphire Ventures, and other global investors. Since its founding in 2012, […]
Azure and the intelligent edge are two big themes at Microsoft’s Build 2018 developer conference in Seattle this week. Earlier this year, Microsoft announced that it was betting $5 billion over several years to cement its presence in IoT. The company is already known to be investing billions in CAPEX for its Azure data centre […]
Telstra has expanded its “Always On” service to provide more bandwidth options and lower latency on some of Asia’s busiest subsea cable routes – Hong Kong to Singapore and Japan to Hong Kong. The service uses Telstra’s cable network in the Asia Pacific region to reroute traffic to another path, even in the event of […]
Telia Carrier formally launched a Cloud Connect service which enables customers to connect directly to cloud service providers form any of its over 150 PoPs (Points-of-Presence) worldwide. Telia Carrier said its new Cloud Connect service addresses demand from existing wholesale customers as well as from enterprises. The offering is the latest addition to Telia Carrier’s […]
