Mesosphere raises $125M for its hybrid cloud

Mesosphere, a start-up based in San Francisco, announced $125 million in Series D funding for its hybrid cloud platform. Mesosphere DC/OS automates operations. The idea is to automate workload-specific operating procedures to “as-a-Service” anything from Kubernetes to data services, while optimizing workload density to achieve the highest utilization with resource guarantees. Mesosphere said it has nearly tripled revenue year-over-year. The...

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Protego raises $2 million for serverless security

Protego, a start-up based in Baltimore, announced $2 million in seed funding for its security solution for serverless applications. Protego works by continuously scanning your serverless infrastructure, including functions, logs, and databases, to help increase the application’s security posture and minimize the attack surface. Using machine-based analysis and deep learning algorithms, Protego builds a model of normal function behavior to effectively...

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Chunghwa Telecom sets off price war with Unlimited Mobile Data Plan

Taiwan's Chunghwa Telecom set off a price war by launching a Mother's Day promotional offer of unlimited 4G service for NT$499 (US$16.7). The offer promised unlimited mobile Internet, free calls within the Chunghwa Telecom network and 180 minutes of free calls outside its network on a 30-month contract. The promotion runs May 9-15. Local media reported long lines at Chunghwa stores, as well as complaints from competitors...

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Telstra launches its first unlimited mobile data plan

Telstra has launched its first smartphone plan with unlimited data. The Endless Data BYO personal smartphone plan is priced at Aus $69 with a 12-month contract, but after 40GB, speeds are capped at 1.5 Mbps and slowed further during busy periods. The plan also comes with unlimited talk, text and MMS to standard Australian numbers plus exclusive extras available to Telstra mobile customers – including unlimited Wi-Fi data at more than one million...

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Amdocs posts quarterly sales of $992M, up 2.7% yoy

Amdocs reported revenue for its second fiscal quarter ended March 31, 2018 of $992.3 million, up 1.5% or $14.6 million sequentially from the first fiscal quarter of 2018 and up 2.7% as compared to last year’s second fiscal quarter.  GAAP net income for the second quarter of fiscal 2018 was $101.7 million, or $0.70 per diluted share, compared to GAAP net income of $112.6 million, or $0.76 per diluted share, in the prior fiscal year’s second quarter....

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