Jut Raises $20 Million for Big Data Acceleration

Jut, a start-up based in San Francisco, announced $20 million in series B funding for its work in Big Data solutions for enterprises.  The company is still in stealth mode and has not announced any products.  Investors include Accel, LightSpeed, and Wing. Jut was founded by Steve McCanne, who previously co-founded Riverbed Technology in 2002 and served as its CTO until February 2013. http://jut.io/ ...

Read More

Telefónica Reaches 320 Million Accesses, Including 252 Million Mobiles

Telefónica's revenues in the first nine months of 2013 totalled 42,626 million euros, up 0.4% year-on-year in organic terms (-8.4% in reported terms), and indicating a positive change in trend compared with the first half (-0.5% year-on-year) triggered by a significant organic revenue growth acceleration in the third quarter to 2.1% (+0.5% in the second quarter and -1.6% in the first quarter).  For the first nine months of 2013, Telefónica earned...

Read More

Intel Forms Internet of Things (IoT) Group

Intel has formed a new Internet of Things (IoT). Called the IoT Solutions Group to broaden its reach in this segment.  The new organization will include the Intelligent Systems Group and Wind River organizations, bringing together the intelligent systems hardware, software, services and platform elements together into one organization. The new organization will be led by Vice President and General Manager, Doug Davis, a long-time Intel leader...

Read More