Huawei reports robust 2019, revenue up 19.1%, profit up 5.6%

Despite pressure from the U.S. government and growing international restrictions, Huawei reported very robust financial performance for 2019:  global sales revenue in 2019 lept to CNY858.8 billion, up 19.1% year-on-year; net profit reached CNY62.7 billion; and cash flow from operating activities topped CNY91.4 billion, up 22.4% year-on-year. "2019 was an extraordinary year for Huawei," said Eric Xu, Huawei's Rotating Chairman. "Despite enormous...

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Palo Alto Networks to acquire CloudGenix for $420M

Palo Alto Networks agreed to acquire CloudGenix, an SD-WAN start-up based in San Jose, California, for approximately $420 million in cash. CloudGenix is known for its AppFabric SD-WAN technology, which ensures application-specific, service-level agreements (SLAs). The CloudGenix SD-WAN platform serves approximately 250 customers, many of which are in the Fortune 1000 and include companies in healthcare, retail, manufacturing, finance, banking, tech...

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Ericsson: So far, no material impact from COVID-19

So far, Ericsson has not seen a material impact to its business from the COVID-19 pandemic, according to company CEO Börje Ekholm. Speaking to Ericsson shareholders via webcast ahead of the Annual General meeting,  Ekholm stated “Last year we talked about switching on 5G globally. Today, we can say that we have succeeded. The world’s first 5G network was launched with Ericsson’s technology and the same was true for the first network in Europe.” He...

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Comcast sees a 32% spike in peak traffic loads

Compared with March 1, Comcast is experiencing up to 32% increase in peak traffic loads. Some areas are experiencing a 60% spike in peak traffic. Comcast, which operates the largest residential internet network in the U.S., said the unprecedented shift in network usage remains within the capability of its infrastructure. “Primetime” on the Comcast network (the busiest time of day) looks dramatically different today as the nation settles into...

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AWS introduces Amazon Detective workload security service

Amazon Web Services released a new "Amazon Detective" security service that helps users to conduct investigations into security issues across their AWS workloads. Amazon Detective automatically collects log data from a customer’s resources and uses machine learning, statistical analysis, and graph theory to build interactive visualizations that help customers analyze, investigate, and quickly identify the root cause of potential security issues...

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Nokia introduces “AI-as-a-service” for telcos

Nokia introduced a set of AI capabilities for helping service providers to automate their network with cloud scalability. This framework provides an end-to-end service view with near real-time impact correlation for better visibility and control, supported by Nokia’s extensive library of AI use cases. The new Nokia AVA 5G Cognitive Operations offering anticipates network and service failures with a high level of precision and accuracy up to seven...

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IP Infusion and Okinawa Open Laboratory test disaggregated networking

IP Infusion has joined Okinawa Open Laboratory (OOL) to help further the adoption of disaggregated networking. IP Infusion will be working with OOL to verify white box solutions through field trials with various vendors and follow market trends. The Okinawa Open Laboratory partners with both industry and academia in research and development to promote the practical application and dissemination of next-generation information and communication platform...

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