Financials

The domestic operations of NTT Data will be reorganized under a local holding company effective 0-July-2023. NTT Data's domestic business has been steadily expanding, reaching a business scale of over...

ServiceNow agreed to acquire G2K, a privately-held company based in Munich, Germany that processes real-time data across storefronts and other physical spaces. Financial terms were not disclosed. G2K, which was...

Vodafone and Emirates Telecommunications (e&, formerly Etisalat) announced a strategic relationship that establishes e& as a cornerstone shareholder of Vodafone. The deal is the next phase in a strategic relationship...

ADTRAN reported first quarter revenue of $323.9 million. Net loss inclusive of the non-controlling interest for the first quarter of 2023 was $40.5 million. Net loss attributable to the company for...

Cisco announced a program that will allow customers purchasing products or solutions before July 29, 2023, to defer all payments until 2024. All Cisco solutions are eligible for this new...

On March 26, 2023, Western Digital was hit by a network security incident where an unauthorized third party gained access to a number of the company’s systems. The company's My...

The U.S. National Science Foundation (NSF) will spend $140 million to establish seven new National Artificial Intelligence Research Institutes (AI Institutes) with the goal of promoting ethical and trustworthy AI...

Roary Stasko has been appointed as the new CEO of Telstra’s International business, starting 1 July, replacing Oliver Camplin-Warner, who will be moving to head up the Telstra Purple business...

Cyxtera, which offers data center colocation and interconnection services, received $50 million in new financing from certain of its lenders holding over two-thirds of its outstanding term loan. The company...

Citing challenges in the macroeconomic environment and elevated channel inventory, Qualcomm reported quarterly revenues of $9.275 billion, down 17% compared to the same period a year ago. Diluted earnings per...

 Equinix posted quarterly revenue of approximately $2.0 billion, a record quarter-over-quarter step up of $127 million and up 15% over the same quarter last year. Net income amounted to $259...

Marvell Technology announced the appointment of Matt Murphy as Chair of its Board of Directors, replacing Rick Hill, who has served as Chair of the Board since 2016 and who...

Mavenir announced the closing of a $100 million capital raise, adding to its $250 million capital raise in 2022. The fundraising round was anchored by Siris, a leading technology focused...