Both firms’ market reports echo similar findings of vendors spending billions to build or expand data centers to offer more cloud infrastructure services.
There remains "considerable uncertainty" as to how measures taken by world governments to control the spread of COVID-19 could affect Intel's operations.
This rapid shift in usage, behavior, and daily activity around the world is causing “unprecedented growth in global internet traffic,” according to Nokia Deepfield.
This includes $8 million in cash, $210 million in products, and up to $5 million in grants and funds matching Cisco employees’ donations to nonprofits.
The executive team at the new company is primarily comprised of existing T-Mobile US leaders. Of the 18 positions announced, four will be filled by current executives at Sprint.
While other tech companies have blamed COVID-19 for recent revenue declines, citing supply chain disruptions and market uncertainties, Oracle thus far seems immune.
"This is one of those moments when companies must strive more than ever to act with values and responsibility in the service of society,” said Telefónica CEO José María