DigitalOcean Schedules Third Quarter 2024 Earnings Call for Nov. 4

T-Mobile Plans Q3 2024 Earnings Call for October 23, 2024

Money Moves highlights the financial shifts driving the tech industry, including funding rounds, investments, joint ventures, and mergers and acquisitions.

The latest executive and board changes from top companies across artificial intelligence, networking, cybersecurity, cloud, and data center technologies.

Strategic financial insights by SDxCentral's StringerAI offers SDxAccess members timely intelligence on funding, investments, and mergers and acquisitions.

Track executive and board shifts at 2,000-plus companies with StringerAI’s curated updates.

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The updates highlight the significance of artificial intelligence to the vendor and its potentially new parent company Hewlett Packard Enterprise.

The Microsoft cuts are reported to be focused on its 5G-focused Azure for Operators business.

UScellular has attempted to stem its consumer connection losses by focusing on the more stable enterprise space.

“Our priority is to focus on the markets most relevant to customers’ needs across edge, hybrid cloud and [artificial intelligence],” HPE CFO Marie Myers wrote.

The moves are helping boost their position in the U.S. market that wants to eliminate telecommunications equipment from China-based vendors.

The partnership may further broaden to the security services edge and secure access service edge space in the future.

"We see a runway to delivering approximately 2,500-plus platformizations sales, up from the current 900," by fiscal year 2030, CEO Nikesh Arora said.

“40% of CyberArk’s business is outside the Americas, compared with Venafi’s 26%, which provides opportunities to drive growth geographically," Clarence Hinton said.

Cisco CEO Chuck Robbins claimed that Splunk was looking to tap into roughly 5,000 Cisco customers that do not have a relationship with Splunk.

Forrester analysts argue the LogRhythm and Exabeam merger is “a classic case of opposites attract.”

Artificial intelligence is voraciously hungry, which can slow down time to production. Data infrastructure leader NetApp aims to help alleviate these pressures.

The deal is expected to close in the second quarter of 2024.