Arista Networks is continuing to grow its networking business and has high hopes for the impact that AI will have for future demand.

The funding round was led by its largest shareholder Siris, 'along with investment from two highly strategic ecosystem partners,' the vendor added

Google Cloud is finally profitable, and Microsoft has OpenAI to thank for its cloud market share gains.

CMO Mike Katz said customers were using “hundreds of gigs a month on average."

CEO Ed Meyercord said the vendor has achieved double-digit growth in eight of the past nine quarters, with this latest quarter up 16% year over year.

Verizon reported robust 5G fixed-wireless access growth, which adds suspense to AT&T's growing interest.

CEO Börje Ekholm told investors that the first quarter was “challenging” for the vendor due to “slower deployment pace in some early 5G markets."

Long-time technology executive Neville Ray has moved to an advisory role to CEO Mike Sievert, with Ulf Ewaldsson now heading up its 5G network plans

The German telecom giant purchased a 3.7% stake from Japan's SoftBank for nearly $5.8 billion, which provided it controlling interest in T-Mobile US.

Amazon and Zscaler announced layoffs; Verizon shook up its executive ranks; and Accenture reported on gender diversity in the tech industry.

The United Kingdom’s Competition and Markets Authority regulator initiated an advanced review phase on the deal.

CIO Wendy Pfeiffer late last week left the company. Pfeiffer had been in that position for more than six years.

Vendor executives said it “remains on track, with Casa meeting all the key 2022 core deliveries and milestones called for in our contract with Verizon.”

Qualtrics co-founder (and owner of the Utah Jazz) Ryan Smith is expected to continue to have a “meaningful equity interest in the private company.”

Aruba will offer a “plug-and-play” secure access service edge with the portfolio from HPE's acquisition of security service edge vendor Axis Security.

The company doubled its headcount in the past 18 months to about 5,900 employees, CFO Remo Canessa said.

T-Mobile US' Neville Ray announced he will leave the company; Ericsson cut 10% of its Swedish workforce; and tech layoffs targeted DE&I roles.

The vendor is reportedly cutting 10% of its workforce in its home country, with broader cuts expected.

The Japanese conglomerate is looking to slash capex in half beginning in 2024.

“This is a massive opportunity for us and we are in active discussions with lots of customers around it," CEO Chuck Robbins said.

The provider saw mid-teens growth percentages for Q4, which one investor said "implies it could be flattish and even down this quarter."

Amazon, Google, IBM, Microsoft, Salesforce, and SAP all announced job cuts this month due to various factors including economic uncertainty.

SAP said it will conduct “a targeted restructuring program in selected areas of the company.”

"The age of AI [artificial intelligence] is upon us," Microsoft CEO Satya Nadella said during the company's second-quarter earnings call.