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Verizon to build and manage Bayer IT network across 91 countries
Verizon Business has been chosen by Bayer to build a next-generation global network infrastructure to underpin the company’s global business operations. Verizon Business will deliver managed network services to over 700 sites in 91 countries around the world. This includes a managed global Private IP network, a managed software-defined WAN, and Professional Services support and governance.
4H
Oracle and Salesforce face €10 billion GDPR class-action
Oracle and Salesforce stand accused of breaching GDPR legislation and face a class-action lawsuit that could be worth up to €10 billion. The case alleges that the companies misused customer data by using third-party cookies for dynamic ad pricing services. The class-action was filed in Amsterdam this morning, with a similar claim to be filed in London later this month.
4H
Mirantis snaps up Kubernetes IDE Lens
Open cloud company Mirantis has agreed a deal to acquire Kubernetes integrated development environment Lens. Mirantis said the deal will bring multi-cluster management into the mainstream and greatly simplifying the experience for developers working with Kubernetes and cloud-native applications. The agreement follows the Mirantis acquisition of the team behind the product in February.
5H
AWS releases quantum computing service Amazon Braket
AWS has made Amazon Braket generally available. Braket is a quantum computing service that AWS says will help developers build quantum algorithms. The tool launched in preview in December. Amazon confirmed Volkswagen is one company that is already exploring its capabilities. "Thousands of customers are asking for ways to experiment with quantum computers," said an AWS spokesperson.
23H
Intel set for 20% boost in chip performance - chief architect
New transistor technology will boost Intel's chip speeds by up to 20%. That's according to Raja Koduri, Intel’s chief architect. He said it would represent the "largest intra-node jump ever in our history". The firm announced a new way of making its "SuperFin" transistors during Intel Architecture Day. Intel has come under pressure from investors following delays in creating its latest chips.
1D
Ericsson hits 100th 5G project with Telekom Slovenije deal
Ericsson has signed its 100th commercial 5G agreement or contract. The figure includes 58 publicly announced contracts and 56 live 5G networks, spanning five continents. The milestone was reached with the announcement of the 5G deal with Telekom Slovenije on August 12. The company’s first public 5G partnership announcement came in 2014, with the first live projects coming in 2018.
1D
India's Reliance eyes TikTok investment - report
The owner of social media platform TikTok is in talks with India's Reliance Industries about a potential investment in its video app, according to a TechCrunch report. TikTok has been banned in India since July, due to political tensions with China, and it is thought a deal could reverse that decision. Microsoft is currently exploring a deal to buy the U.S. operations of TikTok.
1D
Singapore plots $182 million fintech investment
Singapore will invest $182 million into its fintech industry over the next three years. The Monetary Authority of Singapore (MAS) says the capital will help support "large-scale innovation projects" in the country. MAS also revealed there would be a special focus on AI in financial services. Over 1,000 fintech companies have been set up in Singapore since a $225 million investment in 2015.
1D
AI intel platform Gong raises another $200m, valued at $2.2bn
Gong, the AI intelligence platform for sales teams, has raised $200 million, taking its value to $2.2 billion. Funding was led by Coatue, joined by Index Ventures, Salesforce Ventures and Thrive Capital, with participation from existing investors Battery Ventures, NextWorld Capital, Norwest Venture Partners, Sequoia Capital and Wing Venture Capital. Gong’s total funding raised is now $334 million.
1D
Industrial VR/XR firm Varjo raises $54mn in Series C funding
Industrial-grade VR/XR hardware and software firm Varjo has raised $54 million in Series C funding. Tesi, NordicNinja, and Swisscanto Invest by Zürcher Kantonalbank are among the new investors. There was also participation from existing investors including Lifeline Ventures, Atomico, EQT Ventures and Volvo Cars Tech Fund. In addition, it named its previous COO Timo Toikkanen as its new CEO.
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Issue 19
For our cover feature this month, we speak to Ciena's EMEA CTO, Jürgen Hatheier, about the company's passion for network innovation and the importance of automation and orchestration. Elsewhere, we analyse AWS's entrance into the no-code market and its chances of success.
Features