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IBM reported 2Q18 revenue of $20.0 billion, up 4 percent (up 2 percent adjusting for currency) and GAAP EPS from continuing operations of $2.61. "We delivered strong revenue and profit...

Intuit sold its data center in Quincy, Washington to H5 Data Centers, one of the leading privately-owned data center operators. Financial terms were not announced but Intuit said the sale...

Ericsson returned to profitability in 2Q18, although its overall sales decreased by -1% YoY (adjusted for comparable units and currency). Ericsson's Networks group showed a sales growth of 2% YoY,...

ADVA Optical Networking reported Q2 2018 revenue of EUR 123.8 million up 2.7% sequentially from EUR 120.5 million in Q1 2018 and down by 14.2% from EUR 144.2 million in...

SWIM.AI, a start-up based in San Jose, California announced $10 million in Series B funding for its edge intelligence software. SWIM.AI combines local data processing/analytics, edge computing and machine learning...

Intel marked the 50th anniversary of its founding on July 18, 1968 by Robert Noyce and Gordon Moore. A ceremony in New York City and Santa Clara, California was presided...

ADTRAN posted Q2 2018 sales of $128.0 million compared to $184.7 million a year earlier. Net loss was $7.7 million compared to net income of $12.4 million for the second...

SolarWinds, which supplies IT management software, has acquired Trusted Metrics, a provider of real-time threat monitoring and management software. Financial terms were not disclosed. SolarWinds said the deal extends its...

AT&T has begun offering the Cisco 5000 Series Enterprise Network Compute System (ENCS) as part of its Edge Solutions portfolio. The Cisco ENCS supports virtual network functions – including routing,...

Major League Baseball (MLB) has chosen AWS as its official provider for machine learning, artificial intelligence, and deep learning workloads. Specifically, MLB will use AWS machine learning services to continue...

AppLovin, a start-up based in Palo Alto, California, announced a $400 million investment from KKR, a leading global investment firm, to accelerate its global mobile game discovery business AppLovin said...

Keysight Technologies is joining the 5G Device Forerunner Initiative project, which was created earlier this year to accelerate the commercial availability of 5G devices.  More than 20 key chipset, component,...

Paris-based Reflex CES introduced a 800 GbE accelerator card powered by Intel's S GX FPGA. The board comes in different variants where clients can choose from different memory or FPGA...