FCC Proposes Dynamic Spectrum Sharing in 3.5GHz Band for Citizens Broadband Radio

The FCC outlined a proposal for a New Citizens Broadband Radio Service in 3.5 GHz band. The idea would be to designate 3.5 GHz spectrum as an "innovation band" for exploring new methods of spectrum sharing and promote a diverse array of network technologies, with a focus on relatively low-powered applications. The FCC is proposing a three-tier authorization framework under which existing primary operations – including authorized federal users and...

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IBM Unveils Power Systems Servers for Scale-Out, Big Data

IBM unveiled its new line of high-performance, Power Systems servers based on its own POWER8 processor and designed for the era of Big Data. IBM said the new servers, which represent a $2.4 billion investment and three-plus years of development, leverage new silicon with more than 4 billion transistors and more than 11 miles of high-speed copper wiring.  IBM calculates that its new Power Systems are capable of analyzing data 50 times faster...

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Facebook has 802 Million Daily Active Users

In its Q1 2014 earnings report, Facebook reported the following operational metrics: Daily active users (DAUs) were 802 million on average for March 2014, an increase of 21% year-over-year. Mobile DAUs were 609 million on average for March 2014, an increase of 43% year-over-year. Monthly active users (MAUs) were 1.28 billion as of March 31, 2014, an increase of 15% year-over-year. Mobile MAUs were 1.01 billion as of March 31, 2014, an increase...

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Infonetics: Networking ports hit $39 billion in 2013

Worldwide 1G/10G/40G/100G network port revenue grew 5% in 2013 from the prior year, to $39 billion, according to a new report from Infonetics Research. “Deployments of 1G, 10G, 40G, and 100G ports once again grew significantly in 2013, as enterprises and service providers invested in their networks to accommodate the growth in traffic, and revenue growth accelerated as buyers shifted to higher bandwidth—and more expensive—ports,” reports Matthias...

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Pure Storage Raises $225M at $3 Billion Valuation

Pure Storage, a start-up based in Mountain View, California, closed a $225 million Series F funding round, at a pre-money valuation of over $3 billion, to support its all-flash enterprise storage array strategy.  The round included contributions from previous public market investors including T. Rowe Price Associates, Inc. and Tiger Global and new investor, Wellington Management Company. The round also included participation from prior venture...

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Infinera Posts Strong Q1

Infinera reported Q1 2014 revenue of $142.8 million (GAAP) compared to $139.1 million in the fourth quarter of 2013 and $124.6 million in the first quarter of 2013.GAAP net loss for the quarter was $(4.4) million, or $(0.04) per share, compared to net loss of $(10.2) million, or $(0.08) per share, in the fourth quarter of 2013, and a net loss of $(15.3) million, or $(0.13) per share, in the first quarter of 2013. "Our first quarter performance...

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F5 Continues to Grow at 20% YoY

F5 reported revenue of $420.0 million, up 3 percent from $406.5 million in the prior quarter and 20 percent from $350.2 million in the second quarter of fiscal 2013. GAAP net income was $69.6 million ($0.91 per diluted share), compared to $68.0 million ($0.87 per diluted share) in the prior quarter and $63.4 million ($0.80 per diluted share) in the second quarter a year ago. "There were very few surprises in the second quarter of fiscal 2014," said...

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