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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