Amazon on Thursday reported revenue of $137.4 billion, slightly off from analyst expectations. But Amazon handily beat the street’s bet for earnings: Adjusted earnings per
US satellite firm Viasat is to acquire UK satellite operator Inmarsat. Viasat will acquire Inmarsat for $7.3 billion; comprising of $850 million in cash, approximately
China’s Semiconductor Manufacturing International Corp. (SMIC) will spend $8.87 billion on a new semiconductor fab, amid a global chip shortage. The new factory is expected
South Korean ICT firm Hanwha Systems has invested $300 million into OneWeb. Hanwha Systems is part of the South Korean Hanwha Group conglomerate. Its investment
Accenture has acquired Northstream, a Stockholm-based consultancy to communications service providers (CSPs) and networking services vendors. Terms of the transaction were not disclosed. Founded in
Cloud pushes spending to new heights. Synergy Research Group reports that worldwide spend on data center hardware and software grew by 17 percent in 2018,
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