ONUG preview: Rethinking the Public Cloud Journey

https://youtu.be/iOg8QsFyuO8Over the last 5 years, many companies have been on a public cloud journey, but now they're starting to assess the real cost of it and whether they're getting the operational and agility benefits associated with it. The upcoming ONUG Spring event in Dallas brings together enterprise cloud enablement solutions around connectivity, security, automation and most importantly, control. In this video, Nick Lippi shares a...

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Fiber Broadband Association sees supply chain improvements

The Fiber Broadband Association (FBA) reports significant improvements in industry supply chain lead times in several key fiber broadband component categories:92% decrease in minimum lead times for fiber optic cables (from 52-60 weeks in Summer 2022 to 4-10 weeks as of March 2023)60% decrease in minimum lead times for fiber cabinets and splitters (from 10-20 weeks in Summer 2022 to 4-8 weeks as of March 2023)80% decrease in minimum lead times for...

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Mavenir bulks up with $100M capital raise

Mavenir announced the closing of a $100 million capital raise, adding to its $250 million capital raise in 2022. The fundraising round was anchored by Siris, a leading technology focused private equity firm and Mavenir’s largest equity holder, along with investment from two highly strategic ecosystem partners.The company said the new financing supports its mission to enable the digitization of telco networks with cloud-native applications that include...

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Box integrates OpenAI’s ChatGPT API into its content cloud

Box will natively integrate advanced AI models into its Box Content Cloud, enabling organizations to securely run ChatGPT functions on their enterprise data. Box currently has more than 115,000 customers storing files on their cloud.Possibilities with the new  Box AI:Sales teams will be able to use Box AI to get answers to questions in complex contracts to speed up the sales cycle.Analysts will be able to have Box AI summarize lengthy financial...

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AMD's Q1 revenue dips 9% to $5.4 billion

AMD reported Q1 revenue of $5.4 billion, gross margin of 44%, operating loss of $145 million, net loss of $139 million and diluted loss per share of $0.09. On a non-GAAP basis, gross margin was 50%, operating income was $1.1 billion, net income was $970 million and diluted earnings per share was $0.60.“We executed very well in the first quarter as we delivered better than expected revenue and earnings in a mixed demand environment,” said AMD Chair...

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VIAVI's sales drop 21.5% yoy to $248 million

 Citing lower than expected NEMs and semiconductor R&D spending, VIAVI reported quarterly net revenue was $247.8 million, down $67.7 million or 21.5% year-over-year. GAAP net loss was $(15.4) million, or $(0.07) per share. Non-GAAP net income was $18.0 million, or $0.08 per share."Fiscal Q3 2023 revenue and non-GAAP operating margin came in within our revised guidance range.  As we mentioned in early April, lower than expected NEMs...

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Consortium aims for European satellite constellation

A partnership has been formed by a group of European space and telecommunications players in response to the European Commission's call for tender related to the future European satellite constellation IRIS² (Infrastructure for Resilience, Interconnectivity and Security by Satellite).Airbus Defence and Space, Eutelsat, Hispasat, SES, and Thales Alenia Space will govern the open consortium. The core team of Deutsche Telekom, OHB, Orange, Hisdesat,...

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IOWN Global Forum adds to its Board

The IOWN Global Forum announced five new members to its Board of Directors:Ciena, Steve Alexander, Chief Technology OfficerOrange, Gilles Bourdon, Vice President, Wireline Networks and InfrastructureFujitsu, Shingo Mizuno, Corporate Executive Officer, Vice Head of System Platform BusinessKDDI, Dr. Tomohiro Otani, General ManagerAccenture, Jefferson Wang, Senior Managing Director and Global Network Practice LeadIn addition, the IOWN Global Forum posted...

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