Thursday, November 5, 2015

Linux Foundation Launches Open API Initiative

The Linux Foundation is launching an Open API Initiative to extend the Swagger specification, which is a description format used by developers to design and deliver APIs that support a range of connected applications and services. Smart bear is making the initial contributions to the Open API. Founding members of the initiative include 3Scale, Apigee, Capital One, Google, IBM, Intuit, Microsoft, PayPal and Restlet. The goal of the initiative is...

Alcatel-Lucent Announces Commercial Shipment of New Small Cell

Alcatel-Lucent confirmed that its residential multi-standard small cell devices have commenced commercial deployment. The units, which were developed in collaboration with Qualcomm Technologies and use a single chipset to support both 3G and LTE, will allow operators to extend superior 3G and 4G LTE connectivity and coverage into homes, substantially enhancing the in-home voice and data wireless experience via mobile devices. The Alcatel-Lucent...

CenturyLink Looks to Sell its 59 Data Centers

CenturyLink has retained financial advisors to assist in the exploration of strategic alternatives for its data centers and colocation business operations. CenturyLink has 59 data centers in North America, Asia and Europe with more than 185 megawatts of power across 2.6 million square feet of raised floor capacity. The review of strategic alternatives will involve a full range of options including, but not limited to, a partnership or joint venture,...

Telefonica Business Solutions Tests VNF Service Chaining with Nuage

Telefonica Business Solutions, in partnership with Alcatel-Lucent's Nuage Networks division, has completed evaluation and testing surrounding service chaining of virtualized network functions (NFV) in a multi-vendor SDN environment. Specifically, Telefonica Business Solutions executed the proof of concept evaluation with Nuage Networks Virtualized Services Platform (VSP) working with Alcatel-Lucent's 7750 Service Router (SR) and Virtualized Service...

Arista Posts Revenue of $217.5 million, up 40% YoY

Arista Networks reported Q3 revenue of $217.5 million, an increase of 40% compared to the third quarter of 2014, and an increase of 11% from the second quarter of 2015. Gross margin (GAAP) came in at 65.2%, compared to GAAP gross margin of 64.9% in the third quarter of 2014 and 65.4% in the second quarter of 2015. GAAP net income was $28.7 million, or $0.39 per diluted share, compared to GAAP net income of $21.9 million, or $0.30 per diluted share,...

Cask Data Raises $20 Million for Enterprise-class Apache Hadoop

Cask Data, a start-up based in Palo Alto, California, raised $20 million in Series B funding for its enterprise-class Apache Hadoop solutions. Cask's flagship offering, the Cask Data Application Platform ("CDAP"), provides an open source layer on top of the Hadoop ecosystem that adds enterprise-class governance, portability, security, scalability and transactional consistency. From Data Lakes to Data Apps, the CDAP platform is ideal for enterprise...

GLOBALFOUNDRIES Shows 14nm FinFET process with AMD

GLOBALFOUNDRIES announced a development milestone in its path to 14nm FinFET process technology. AMD has taped out multiple products using GLOBALFOUNDRIES’ 14nm Low Power Plus (14LPP) process technology and is currently conducting validation work on 14LPP production samples. GLOBALFOUNDRIES now anticipates its 14LPP process technology will reach high-volume production in 2016. The 14LPP platform taps the benefits of three-dimensional, fully-depleted...

Former VimpleCom CEO Arrested in Norway

Jo Lunder, the former CEO of VimpleCom, was arrested in Oslo, Norway as part of an investigation into the company's business practices in Uzbekistan. The United States Securities and Exchange Commission and Dutch authorities have previously alleged that VimpelCom paid millions of dollars in bribes to a company controlled by the daughter of the president of Uzbekistan. Earlier this week, VimpelCom announced that it had reserved $900 million for...

ZTE Opens 5G R&D Lab in Tokyo

ZTE has opened a new Research and Development Center in Tokyo to focus on the development of 5G and other next-generation network technologies. This brings the number of ZTE R&D centers to 20 worldwide. The opening ceremony for the new R&D center was officiated by senior executives including Shi Lirong, President and Chief Executive Officer of ZTE, Zhang Renjun, Senior Vice President of ZTE, and Zhang Shumin, Head of ZTE Mobile Devices in...

Qualcomm and ZTE Sign New 3G/4G License

ZTE has signed a new worldwide 3G/4G license agreement with Qualcomm. Under the deal, Qualcomm has granted ZTE royalty-bearing patent licenses to develop, manufacture, and sell 3G and 4G products, such as smartphones, modules, and infrastructure equipment, including 3-mode (LTE-TDD, TD-SCDMA and GSM) smartphones sold for use in China. The license includes terms that are consistent with the rectification measures that Qualcomm submitted to China’s...