AT&T Activates First LTE-M Commercial Site

AT&T switched on North America’s first LTE-M enabled commercial site in San Ramon, California. Key features and benefits expected from LTE-M are: Lower costs for modules that connect IoT devices to the LTE network. Longer battery life; up to 10 years for certain enabled IoT devices. Better coverage for IoT devices underground and deep inside buildings. The site activation supports the pilot of AT&T’s LTE-M Low-Power Wide-Area network...

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Vendors Showcase Application Portability with OpenStack

Vendors at this week's OpenStack Summit in Barcelona showcased application portability across a diversity of OpenStack public and private clouds. The Community Interop Challenge took a holistic approach to prove interoperability, asking all participants to successfully run the same workload and automated deployment tools across their OpenStack distributions and public clouds. The challengers ran a 3-tiered LAMPStack enterprise application using...

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Ericsson Brings on Investor AB's Börje Ekholm to Head Turnaround

Ericsson's Board of Directors has appointed Börje Ekholm President and CEO, effective January 16, 2017. Ekholm currently serves as CEO of Patricia Industries, a division within Investor. Prior to assuming this position in 2015, Börje Ekholm held the position as President and CEO of Investor AB between 2005 and 2015. Previous positions also include President of Investor Growth Capital Inc., as well as positions with Novare Kapital AB and McKinsey...

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IBM's Watson to Analyze Video Content

IBM introduced new Watson-powered cognitive services for unlocking data-rich insights for video content and audiences. The idea is to apply cognitive technology for mining and analyzing the complex data in video. “Companies are creating video with vast amounts of valuable data, but they don’t have a way to easily identify that information or audience reaction to it,” said Braxton Jarratt, general manager, IBM Cloud Video. “Today’s new services...

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F5 Posts Strong Quarter, Sales Rise to $525.3 million, up 6% YoY

F5 Networks posted revenue of $525.3 million for the fourth quarter of fiscal year 2016, up 6 percent from $496.5 million in the prior quarter and 5 percent from $501.3 million in the fourth quarter of fiscal year 2015. For fiscal year 2016, revenue was $2.0 billion, up 4 percent from $1.92 billion last year. GAAP net income for the fourth quarter was $108.9 million ($1.64 per diluted share) compared to $91.8 million ($1.37 per diluted share) in...

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Infinera Reports Revenue of $186 Million

Infinera reported GAAP revenue of $185.5 million for its third quarter of 2016 compared to $258.8 million in the second quarter of 2016 and $232.5 million in the third quarter of 2015. GAAP gross margin for the quarter was 45.6% compared to 47.8% in the second quarter of 2016 and 44.2% in the third quarter of 2015. GAAP operating margin for the quarter was (5.9)% compared to 6.2% in the second quarter of 2016 and 6.1% in the third quarter of 2015....

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Aqua Comms Appoints Nigel Bayliff as CEO

Aqua Comms , the operator of Ireland’s first dedicated subsea fibre-optic network interconnecting New York, Dublin and London, has appointed Nigel Bayliff as its new Chief Executive Officer, replacing interim CEO Greg Varisco, who remains a senior executive with the company. “We are excited for Nigel to join the team as our new CEO,” remarks Mr. Varisco. “Nigel’s strategic vision, technological expertise and proven leadership experience with some...

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