Facebook reports 1.79 billion daily active users, up 12%

Facebook reported a significant increase in audience engagement as people around the globe sheltered at home during the COVID-19 pandemic during Q2. Key metrics: Facebook daily active users (DAUs) – DAUs were 1.79 billion on average for June 2020, an increase of 12% year-over-year. Facebook monthly active users (MAUs) – MAUs were 2.70 billion as of June 30, 2020, an increase of 12% year-over-year. Family daily active people (DAP) – DAP was 2.47...

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AWS hits Q2 sales of $10.8 billion, up 29%

AWS racked up $10.808 billion in Q2 revenue, up 29% compared to a year ago. Operating income for the division was $3.357 billion, up 58% compared to last year. AWS is now on an annual revenue run rate of $40.0 billion, representing a 12% share of Amazon's business. https://ir.aboutamazon.com/quarterly-results/default.as...

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Google Cloud generates $3 billion in Q2, up 43%

Google Cloud services generated $3.007 billion in revenue in Q2, up 43% from $2.100 billion a year earlier. "In the second quarter our total revenues were $38.3B, driven by gradual improvement in our ads business and strong growth in Google Cloud and Other Revenues,” said Ruth Porat, Chief Financial Officer of Alphabet and Google. “We continue to navigate through a difficult global economic environmen...

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MACOM begins 100G PAM4 DSP production

MACOM announced the production release of its low power CMOS DSP-based PAM4 PHYs for next generation optical transceiver modules. MACOM’s PAM4 PHYs with integrated DSP, forward error correction (FEC) and multiplexing functionality are designed to enable single-wavelength 50 Gbps and 100 Gbps optical transceivers. The integrated driver is suitable for direct connection to an optical modulator, avoiding the need for a discrete driver, and, thereby,...

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Arista expands multicloud capabilities

Arista announced an expansion of its multi-cloud and cloud-native software capabilities, including: CloudEOS Edge - supporting dynamic path selection services across all major cloud providers at the high-throughput network edge facing the Internet and multiple private and public carriers AWS Transit Gateway Integration - seamless automated provisioning and multi-cloud routing, interoperable with AWS Transit Gateway services Availability of Pay-as-You-Go...

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Nokia completes 5G standalone call with China Unicom

Nokia completed its first 5G standalone (SA) call on a live network with China Unicom. The data and voice calls, which marked firsts for Nokia on a 5G SA network, were completed earlier than planned, occurring within 25 days of Nokia software deployment. Nokia deployed its Unified Data Management, Shared Data Layer (5G Unified Data Repository), and Cloud Mobile Gateway (from its Cloud Packet Core portfolio) for the 5G Session Management Function...

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Ooredoo Qatar activates Nokia-powered cloud-native 5G core

Ooredoo Qatar has activated commercial services over a Nokia cloud-native 5G core network. More than 10 virtualized network functions (VNFs) are deployed on the cloud platform, covering data, voice, subscriber management registers and policy control enabling voice and data services. The new cloud core network supports 5G Non-Standalone (NSA) architecture and provides a smooth transition to a 5G Standalone network architecture. Nokia said the new...

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Xilinx sees strength in data center product and some order acceleration

Xilinx reported revenues of $727 million for the first quarter of its fiscal year 2021,  exceeding initial guidance and in-line with revised guidance. GAAP net income for the quarter was $94 million, or $0.38 per diluted share. Non-GAAP net income was $160 million, or $0.65 per diluted share. The company noted record Data Center Group (DCG) revenue, with 10% sequential and 104% annual growth. Wireless Group (WWG) revenue increased 27% sequentially. “Our...

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Orange reports a slight drop in revenue due to COVID

Orange reported Q2 revenue of EUR 10.375 billion, representing a drop of 0.4% due to a decline in roaming and equipment sales directly linked to COVID-19. EBITDAaL showed a limited decline of 1.8% year on year, negatively impacted by the cost of health measures, the decrease in roaming and a slight increase in provisions for bad debts. Some highlights for Q2: France and Africa & Middle East rose 2.7% and 1.3% respectively year on year, almost...

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Qualcomm cites strong outlook, patent deal w Huawei

Qualcomm reported quarterly revenue of US$4.893 billion and diluted EPS of $0.74, exceeding the high range of its previous guidance.  Qualcomm also announced a legal settlement and long-term, global patent license agreement with Huawei, including a cross license granting back rights to certain of Huawei’s patents, covering sales beginning January 1, 2020. The settlement is valued approximately $1.8 billion. “As 5G continues to roll out, we...

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NETSCOUT reports steady revenue, growing EPS

NETSCOUT reported total revenue (GAAP and non-GAAP) for its first quarter of fiscal year 2021 of $183.8 million, compared with $186.0 million (GAAP) and $186.1 million (non-GAAP) in the same quarter one year ago. A reconciliation of GAAP and non-GAAP results is included in the attached financial tables. Product revenue (GAAP and non-GAAP) for the first quarter of fiscal year 2021 was $71.7 million, which was approximately 39% of total revenue. This...

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OIDA Showcase set for 18 - 20 August

The OSA Industry Development Associates (OIDA) will host the first all-virtual Technology Showcase for member companies to present their latest innovations in optics and photonics and solutions to global challenges, 18 – 20 August 2020. Over the course of the three-day virtual event, nine companies will each have 15 minutes to demonstrate their technologies to a worldwide audience and engage with attendees in breakout rooms for networking and in-depth...

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Orange enters strategic partnership with Google Cloud

Orange has entered into a strategic partnership with Google Cloud. The collaboration aims to accelerate the transformation of Orange’s IT infrastructure and the development of future cloud services, in particular edge computing. Under the partnership, Google will provide its know-how in cutting-edge cloud technologies, world-class analytics and AI tools, as well as proven digital transformation methodology and dedicated resources. Orange will contribute...

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Greece's OTEGLOBE upgrades IP backbone with Cisco 400G line cards

OTEGLOBE is upgrading its Cisco ASR 9900 routers with 400G Cisco ASR 9900 5th Generation Line Cards. Headquartered in Athens, Greece, OTEGLOBE is a network backbone operator delivering transport, peering, and interconnect services throughout South-eastern Europe. It is also the wholesale carrier that reaches Western Europe through Greece over a fully mesh optical backbone network. “At OTEGLOBE, we are determined to continue to lead the industry...

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SiTime debuts MEMS oscillator for 100G - 800G optical modules

SiTime has begun sampling a differential MEMS oscillator for use in 100G - 800G optical modules used in data center switches, telecom routers, edge servers, AI/graphics cards, and storage controllers. The new SiT9501 differential MEMS oscillator which is based on SiTime’s newly launched third generation MEMS technology. “Over the past 15 years, SiTime has developed and shipped two generations of MEMS resonators that are used in all our oscillator...

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SPIE and University of Glasgow announce quantum photonics program

SPIE, the international society for optics and photonics, and the University of Glasgow announced the establishment of the SPIE Early Career Researcher Accelerator Fund in Quantum Photonics. A $500,000 gift from the SPIE Endowment Matching Program will be matched 100% by the University. The program will support a diverse group of graduate students working in the field of quantum photonics and will be managed by Professor Daniele Faccio, Royal Academy...

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CyrusOne says data center leasing market remains strong

CyrusOne reported revenue of $256.4 million for the second quarter, compared to $251.5 million for the same period in 2019, an increase of 2%. The increase in revenue was driven primarily by a 7% increase in occupied CSF, lease termination fees totaling $3.0 million, and additional interconnection services, partially offset by the impact of equipment sales and rent churn. Revenue in the second quarter of 2020 included $6.9 million of equipment sales,...

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ServiceNow is now on a $4 billion subscription annual run rate

ServiceNow reported Q2 subscription revenues of $1,016 million, representing 30% year-over-year growth, 32% adjusted for constant currency. Net income was $41 million, or $0.21 per share. During the quarter, ServiceNow closed 40 transactions with more than $1 million, including two transactions over $10 million, in net new annual contract value (ACV). The company now has 964 total customers with more than $1 million in ACV, representing 26% year-over-year...

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Ermetic raises $17 million for cloud policy management

Ermetic, a start-up with offices in Palo Alto and Tel Aviv, raised $17.25 million in Series A funding for its work in cloud access risk mitigation Ermetic says its analytics-based solution prevents cloud data breaches by automating the detection and remediation of identity and access risks in Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) offerings from Amazon, Google and Microsoft. It automatically discovers all human and machine...

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MACOM posts revenue of $137 million, up 27% yoy

MACOM reported revenue of $137.3 million, an increase of 26.7% compared to $108.3 million in the previous year fiscal third quarter and an increase of 8.6% compared to $126.4 million in the prior fiscal quarter. Gross margin was 51.6%, compared to 31.2% in the previous year fiscal third quarter and 50.1% in the prior fiscal quarter. Net loss was $25.0 million, or $0.37 loss per diluted share, compared to net loss of $324.7 million, or $4.95 loss...

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PacketFabric appoints Dedicoat as chair, former Cisco EVP WW sales

PacketFabric appointed Chris Dedicoat, the former executive vice president of worldwide sales for Cisco, as chairman of the PacketFabric board. Dedicoat has more than 25 years of sales and marketing experience in the networking, hardware, software and technology industries. His innovative and effective sales strategies contributed to Cisco’s leadership position in the market. Dedicoat currently sits on the board of directors for RStor, a leading...

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NeoPhotonics and Inphi show 400ZR interoperability

Inphi and NeoPhotonics have completed the first interoperability demonstration of OIF 400ZR Implementation Agreement compliant coherent transceivers, operating successfully across the C-Band over 120km of optical fiber. Transceiver pairs consisting of Inphi's COLORZ II QSFP-DD with its Canopus 7nm Coherent DSP and NeoPhotonics 400ZR ClearLight OSFP were successfully linked. Both 400ZR coherent optics transceivers carried error-free traffic over...

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Google's Grace Hopper subsea cable to link US-UK-Spain

Google unveiled plans for a new subsea cable — Grace Hopper — which will run between the United States, the United Kingdom and Spain. The cable is named for computer science pioneer Grace Brewster Murray Hopper (1906–1992), an admiral in the U.S. Navy best known for her work in developing the COBOL programming language. The Grace Hopper cable will be equipped with 16 fiber pairs (32 fibers). Subcom has been selected as the lead contractor. The project...

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Ericsson begins shipping 5G base stations from Texas factory

Ericsson began the first commercial shipments of 5G base stations from its new factory in Texas. The first unit was delivered to Verizon. “Ericsson’s smart factory is a cornerstone of our collaboration as we work together to bring 5G to our consumer, enterprise and public safety customers,” said Kyle Malady, Chief Technology Officer of Verizon. “Together these types of innovation will accelerate our 5G deployments, as we expand our 5G leadership...

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