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IBM reported Q1 2018 revenue of $19.1 billion, up 5 percent (flat adjusting for currency). GAAP EPS from continuing operations was $1.81 and operating (non-GAAP) EPS was $2.45, up 4 percent. “In the first quarter we maintained momentum in our business, with reported revenue growth in total and across our major segments,” said Ginni Rometty, […]
ADTRAN reported Q1 2018 sales of $120.8 million compared to $170.3 million for the first quarter of 2017. Net loss was $9.1 million compared to net income of $6.7 million for the first quarter of 2017. Earnings per share, assuming dilution, were a loss of $0.19 compared to income of $0.14 for the first quarter […]
Scality, a start-up based in San Francisco, raised an additional $60 million in venture funding for its multi-cloud Scality RING Software-Defined Storage platform. The financing was arranged by Silverpeak, a leading Europe-based technology-focused independent investment bank. This round brings the company’s total funding to date to $152 million. “Scality has a history of industry firsts: […]
Stream Data Centers announced plans for new Dallas-area campus development in Garland, Texas on a 23 acre site. The new facility will offer an expandable 140,000 square foot data center with redundant 40 MW utility feeds from an on-site substation provided by Oncor. “Stream’s DFW VII data center will follow a successful formula from our […]
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has imposed a denial of export privileges against Zhongxing Telecommunications Equipment Corporation (ZTE) of China. The ban prohibits companies or individuals from participating in any way in an export transaction with ZTE. The order prohibits “Carrying on negotiations concerning, or ordering, buying, receiving, using, […]
A10 Networks announced a global tier-1 Cloud Service Provider has selected and deployed its Thunder TPS (Threat Protection System) with its Non-stop DNS solution across multiple data centers to ensure resilience from escalating cyber-attacks, and scale its mission critical DNS services. A10 said it worked with the Cloud Service Provider to create an innovative Non-stop […]
Microsoft announced several new intelligent security tools to help enterprises more easily secure their data and networks against today’s biggest threats and emerging threats aimed at IoT and edge devices. The rollout includes: Azure Sphere — microcontroller unit (MCU) for connected devices. Microsoft describes Azure Sphere as “a holistic platform for creating highly secured, connected […]
ADTRAN introduced a new cloud-managed whole home mesh Wi-Fi solution enabling Service Providers to deliver ubiquitous coverage, automated Wi-Fi performance enhancements and improved security. The ADTRAN SDX 810-RG and 810-AP enhance ADTRAN’s SD-Access portfolio enabling Enterprise-Class Wi-Fi functionality in the home. Highlights include: Zero-touch deployment Platform for machine learning to maximize performance & adapt to […]
Zayo announced plans to open its first data center in the London metro area, will add 30,000 total square feet and 3.6 megawatts (MW) of critical power. The new data center, which will be located in Feltham, UK, is driven by a commitment from a major anchor tenant. It will add 30,000 total square feet […]
Netronome introduced a new eBPF/XDP offload capability for its Agilio SmartNICs, providing a foundation for building high-performance, kernel-compliant firewalls, DDoS protection and load balancing products that complement and build on the momentum in the Linux community. The new high-performance offload provides an interface to any technology stack that utilizes the underlying flexibility and scalability of […]
The xRAN Forum approved and released its first xRAN Fronthaul Specification Version 1.0. The xRAN Fronthaul Specification addresses several key operator-defined requirements, including: BBU – RU interoperability based on well specified control, user and management plane interfaces. Efficient bandwidth scaling as a function of user throughput and spatial layers to address increasing bandwidth needs and […]
Vodafone UK completed the first test of 3.4 Gigahertz (GHz) spectrum for 5G across an existing live network between Manchester and the company’s headquarters in Newbury, Berkshire. The test used Massive MIMO combined with 3.4 GHz spectrum running over the core 4G network. Vodafone’s site in Manchester was its contact centre, which houses around 1,000 […]
Elizabeth Ann Pierce, the former CEO of Quintillion, a telecommunications firm building a subsea and terrestrial fiber network in Alaska, has been arrested and charged with fraud by U.S. federal authorities. The allegations accuse Pierce with a scheme to use forged guaranteed revenue contracts to fraudulently induce investors to invest more than $250 million in […]
