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Seagate Technology reported quarterly revenue of $2.718 billion, up from $2.313 million a year ago. Net income (GAAP) was $320 million, compared with $195 million a year ago. “Seagate executed...

Facebook will invest ₹ 43,574 crore (approximately US$5.6 billion) in Jio Platforms, a subsidiary of Reliance Industries that includes digital apps, digital ecosystems and India’s leading mobile operator.  The investment...

Equinix and GIC, Singapore's sovereign wealth fund, announced a US$1.0 billion initial joint venture to develop and operate xScale data centers in Japan. GIC will own an 80% equity interest...

PacketFabric, which operates a Network-as-a-Service (NaaS) platform for providing data center interconnects, named Dave Ward as its new CEO. Ward joins PacketFabric from Cisco, where he was the company’s Chief...

Interxion, which is now part of Digital Realty, has begun the construction of a major expansion project in Paris. Interxion Paris Digital Park has access to up to 85 megawatts...

IDC is predicting that worldwide IT spending to decline 2.7% this year due to the economic impact of the COVID-19 pandemic, with certain industry segments such as hospitality and tourism-heavy...

T-Mobile US has begun activating Sprint's 2.5 GHz spectrum in its nationwide 5G network, increasing capacity and boosting speeds for customers. The first activation is for 2.5 GHz 5G in...

Federated Wireless secured $13.7 million in additional Series C funding for its private wireless Connectivity-as-a-Service (Caas) based on CBRS shared spectrum. The new funding came from existing investors Allied Minds...

Juniper Networks has partnered with T-Systems to create and deliver a managed SD-WAN infrastructure as part of an end-to-end service overlay solution for companies with complex network and connectivity requirements....

Ciena has appointed Jürgen Hatheier as Chief Technology Officer and Vice President of Strategic Sales for the EMEA region. Prior to joining Ciena, Jürgen held leadership positions at Pacific Broadband...

Huawei reported first quarter 2020 revenue of CNY182.2 billion (approx US$25.74 billion), an increase of 1.4% year-on-year. The company's net profit margin in Q1 2020 was 7.3%. Despite COVID-19, Huawei...

Microchip Technology released software version 2.1 for its TimeProviderÒ 4100 precision timing grandmaster. TimeProvider 4100 is a 1588 grandmaster including support for the latest ITU-T G.8275.1 and G.8275.2 1588 phase...

Saguna, which is developing a multi-access edge cloud (MEC) computing solution, named Ido Gur as its new CEO. Gur previously served as CEO of GASNGO, CEO and President of VocalTec,...