Google to build private "Dunant" cable from Virginia to France

Google is planning a new transatlantic subsea cable system linking the east coast of the United States to Europe to bolster its global network. Dunant, which is named in honor of Swiss businessman and humanitarian Henri Dunant, will be a four-fiber pair cable system spanning over 6,400km from Virginia Beach to the French Atlantic coast. Google has selected TE SubCom to build the Dunant submarine cable system. Activation is expected in late 2020. Google...

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Telecom Argentina to host ARBR subsea cable to Brazil

Telecom Argentina will host the ARBR submarine cable system between Argentina and Brazil at Telecom Argentina cable landing station in Las Toninas, Argentina. Telecom Argentina will provide ARBR with dark fiber on a backhaul route between Las Toninas and Buenos Aires, as well as point of presence (POP) space in Buenos Aires. ARBR is a forthcoming fiber subsea cable system developed by Seaborn and co-owned by Seaborn’s Seabras Group together with...

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Inphi samples 100G single Lambda PAM4 for QSFP28 and SFP-DD

Inphi has begun sampling a 100Gbps/56GBaud platform solution for 100G QSFP28 and SFP-DD DR/FR optical modules for wired network infrastructure including hyperscale cloud data center, service provider, wireless 5G and enterprise networks. The new 100G platform is an expansion of Inphi's 16nm Porrima Single-Lambda Pulse Amplitude Modulation (PAM4) family, which includes field-proven PAM4 DSP technology, Linear TIA and Driver for PAM4 based client...

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Kaiam builds optical transceiver reserve as a hedge against US-China trade war

Kaiam, a leading manufacturer of advanced data center optical transceivers, has initiated a strategic transceiver reserve program to protect U.S. and European data centers from the effects of the incipient US-China trade war. The company said the need for a reserve supply of optical transceivers arises because of the broad tariffs recently enacted by the Trump administration, which could impede the importation of Chinese-made optical transceivers...

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IBM's cloud revenue growing at 23% annual clip

IBM reported 2Q18 revenue of $20.0 billion, up 4 percent (up 2 percent adjusting for currency) and GAAP EPS from continuing operations of $2.61. "We delivered strong revenue and profit growth in the quarter, underscoring IBM's progress and momentum in the emerging, high-value segments of the IT industry," said Ginni Rometty, IBM chairman, president and chief executive officer. "More clients are engaging IBM on their journey to the cloud, and deploying...

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Intuit sells its data center, goes all-in with AWS

Intuit sold its data center in Quincy, Washington to H5 Data Centers, one of the leading privately-owned data center operators. Financial terms were not announced but Intuit said the sale is expected to result in a GAAP operating loss of $75 to $85 million. Intuit said the move is part of its strategy to move operations to AWS. “We chose to move to Amazon Web Services (AWS) to accelerate developer productivity and innovation for our customers,...

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Ericsson gets boost in Q2 from pre-5G rollouts in North America

Ericsson returned to profitability in 2Q18, although its overall sales decreased by -1% YoY (adjusted for comparable units and currency). Ericsson's Networks group showed a sales growth of 2% YoY, with strong growth in North America, where mobile operators are now engaged in pre-5G rollout activities “We continue to execute on our focused business strategy and are tracking well towards our 2020 target of an operating margin of at least 10%. The...

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ADVA posts revenue of EUR 123.8 million, up 2.7% sequentially

ADVA Optical Networking reported Q2 2018 revenue of EUR 123.8 million up 2.7% sequentially from EUR 120.5 million in Q1 2018 and down by 14.2% from EUR 144.2 million in the same year-ago period. Revenues for Q2 2018 were within the guidance forecast the company provided on April 26, 2018 of between EUR 120 million and EUR 135 million. Pro forma operating income for Q2 2018 was EUR 6.1 million (5.0% of revenues), compared to EUR 2.2 million (1.9%...

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SWIM.AI raises $10m for edge intelligence

SWIM.AI, a start-up based in San Jose, California announced $10 million in Series B funding for its edge intelligence software. SWIM.AI combines local data processing/analytics, edge computing and machine learning to efficiently deliver real-time business insights from edge data on edge devices. The goal is to help customers analyze high volumes of streaming edge data and deliver real-time insights that can easily be shared and visualized. The...

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Intel celebrates its 50th birthday

Intel marked the 50th anniversary of its founding on July 18, 1968 by Robert Noyce and Gordon Moore. A ceremony in New York City and Santa Clara, California was presided over by Bob Swan, Intel’s chief financial officer and interim chief executive officer. Instead of ringing the Nasdaq opening bell, Intel’s well-known five-note jingle was played accompanied by the Intel bong. “We’re only just beginning to explore the impact that technologies like...

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ADTRAN posts Q2 sales of $128 million

ADTRAN posted Q2 2018 sales of $128.0 million compared to $184.7 million a year earlier. Net loss was $7.7 million compared to net income of $12.4 million for the second quarter of 2017. Earnings per share, assuming dilution, were a loss of $0.16 compared to income of $0.26 for the second quarter of 2017. Non-GAAP earnings per share were a loss of $0.10 compared to income of $0.30 for the second quarter of 2017. GAAP earnings per share include the...

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SolarWinds acquires Trusted Metrics,

SolarWinds, which supplies IT management software, has acquired Trusted Metrics, a provider of real-time threat monitoring and management software. Financial terms were not disclosed. SolarWinds said the deal extends its IT management portfolio to include security monitoring. Trusted Metrics' Threat Monitor tool can detect suspicious activity and malware by aggregating asset data, security events, host intrusion detection, network intrusion detection,...

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