Cloud giants Amazon and Microsoft reported declining quarterly cloud growth this week. Still, both companies’ clouds continue to boost overall revenue.
Verizon announced a collaborative effort with SAP to deliver edge computing and real-time analytics in 5G, and shared details about its work in Corning's fiber optic cable plant.
That boost was felt in IBM’s Cloud and Cognitive Software business were most of Red Hat’s revenue flowed, which was the only IBM division to show an appreciative growth.
"We are ashamed of our historical performance, but we confront the issues head on and we’re now investing significant resources to strengthen our future compliance program,” CEO Börje Ekholm
Oracle released earnings a day earlier than expected and announced that Co-CEO Mark Hurd is taking a leave of absence from the company for health reasons.
GTT Communications' stock price plunged to its lowest level in more than five years in the aftermath of the company's dismal Q2 earnings reported last week.
The chipmaker says the deal will drive more than $2 billion of incremental, run-rate revenues and about $1.3 billion in earnings, including synergies between the two companies.
Infinera reported second-quarter 2019 revenues up 32% year over year to $307 million, while CEO Thomas Fallon projects the company will return to profitability in Q4.
CEO Lee Chen blamed the revenue miss on several large deals being delayed, and he sounded oddly optimistic on an earnings call despite the bad-news trifecta.
The company ended the second quarter with $1.1 billion in revenue, up 10% from the last quarter. Despite a return to strong sequential growth, revenues were down 8% year
The company plans to triple its sales force “over the next few years,” Google CEO Sundar Pichai said on parent company Alphabet’s second quarter 2019 earnings call.
CEO Randall Stephenson said that its recent cloud deals with Microsoft and IBM are allowing it to continue a "cost reduction curve on the network and IT side of
The company's latest financial results showed a 4% dip in revenues compared to the same quarter last year, weighed down by its systems hardware business.
Most of Ericsson’s network operator customers are engaging with the vendor on 5G and that’s a big change from a few quarters ago, CEO Börje Ekholm said.
Nutanix’s chief product and development officer is the latest Silicon Valley exec to jump ship for Google Cloud as former Google Cloud CTO Brian Stevens joins Nutanix’s board of