The cuts are part of a workforce 'rebalancing' that comes on the heels of a robust earnings release and strong full-year guidance

The earnings release was also its first following a corporate restructuring that marked the next phase in its long-simmering turnaround plans.

CEO Pekka Lundmark said Nokia signed 30 customers to private wireless contracts during the quarter.

'We want to achieve a clear 51% shareholding in the U.S.,' Deutsche Telekom CEO Timotheus Hottges said

Amazon Web Services, Microsoft, and Google cornered 65% of the cloud market in Q2, which is an increase from 61% the year prior, SRG reported.

“When you look at the shared donor that Symantec has imparted on us, we were happy to see Carbon Black and VMware be acquired,” CrowdStrike CFO Burt Podbere said.

Ericsson started the year being feted as the No. 1 radio access network vendor, but has been subsumed by shocking corruption charges.

"Oracle, Google Cloud, IBM, everybody, Alibaba even — those are all potential future public cloud partners for us," CEO Rajiv Ramaswami said.

Nutanix cut its global headcount by about 2.5%, primarily in sales and marketing jobs. “We expect this action to yield approximately $50 million in annual savings,” CEO Rajiv Ramaswami

VMware says it is looking at East-West encryption inside the data center, adding another layer of security to the SDDC.

Huawei says it now has more than 50,000 patents.

Prediction: Eventually, they will.

Huge bets by AT&T and Verizon don't point to a happy ending for equipment suppliers.

Supporting a family of five, I continue to suffer from mobile-phone sticker shock. The cost of supplying my family with devices, data plans, and services is climbing close to

Arista Networks (NYSE: ANET) founder and CEO Jayshree Ullal has been selling Arista shares at a ferocious pace over the last six months, dumping about $60 million worth of

There has been a bevy of communications-chip merger activity that makes this sleepy technology sector look like a Kardashian party in Beverly Hills. What's behind it? Is easy money

Last night was the last call -- the last quarterly earnings call for Cisco CEO John Chambers. His legacy on Wall Street will be a masterful management of earnings

Verizon is buying AOL for $4.4 billion. The offer of $50 per share represents a premium of 17.4 percent on AOL's Monday close of $42.59. The deal has been

The optical equipment consolidation predicted by many is continuing, as key optical players reposition themselves for Software Defined Networking (SDN) and growth in the data center. This week's big

When Nokia (NYSE:NOK) announced that it would be acquiring Alcatel-Lucent (NYSE:ALU), a curious thing happened: Both stocks fell.

(Warning: Disturbing and potentially offensive analysis of the telco hardware business ahead -- spanning four entire pages! Sedatives or perhaps stimulants may be needed, depending on whom you work

Shares of Cisco Systems Inc. (Nasdaq: CSCO) hit a new eight-year high, vaulting $2.30 (8%) in morning trading to $29.23, on a combination of positive factors during last night's

Shares of security-technology provider Fortinet (Nasdaq: FTNT) have been climbing as the company develops a new cloud security strategy. Fortinet has been teaming with service providers to provide private

This week the Federal Reserve Bank of the United States met on interest-rate policy and decided it will be very careful about raising rates. You may ask what this