Infra

Despite chip supply problems, Intel posts record revenue, buoying shares

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Intel Corp. is enjoying a bit of the limelight today after posting strong third-quarter earnings and guidance for the next three months that easily beat expectations. The chipmaker reported a profit before certain costs such as stock compensation of $1.42 per share on record quarterly revenue of $19.2 billion. That was well ahead of Wall Street’s expected […]

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Xilinx slumps on weak guidance due to Huawei ban

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Computer chipmaker Xilinx Inc. spooked investors today after saying its current-quarter revenue will likely fall well short of expectations. The company said it’s expecting third quarter revenue of between $710 million to $740 million, some way short of Wall Street’s forecast of $844.9 million. The reason? The ongoing trade war between the U.S. and China,

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Q&A: Infused with digitally native ideas, SUSE Group jump-starts computing transformations

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  When a digitally minded business is ready to play catch up, things can be expedited with the magic of open-source computing. The idea is to provide proper plug-ins across virtual walls and supporting the flurry of services now found on all major cloud platforms. For SUSE Group and Acumatica Inc., service providers in enterprise

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Trustco adopts hyperconvergence to meet growth challenges

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When a company grows fast, executives must keep up with the emerging challenges of keeping the business running efficiently. In addition to meeting the needs of a growing and diverse number of customers and suppliers, organizations must effectively respond to increased demands from internal operations, especially the information-technology department. To deal with IT’s behind-the-scenes requirements, financial service company Trustco Group

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Q&A: Nutanix brings homogeneity to dispersed environments

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Simplicity is the byword for product design these days. Seamless, intuitive, one-click … consumers expect applications and products to be simple to understand — and easy to use. This expectation has trickled down from consumer devices to the infrastructure that supports them. Hands-off operations would give developers time to innovate for the future instead of

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SUSE ditches OpenStack to focus on applications

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Linux company SUSE Group is killing off its OpenStack Cloud product, stopping development in order to focus more on application delivery. SUSE OpenStack Cloud is the company’s distribution of the open-source OpenStack platform that provides a framework to create and manage both public cloud and private cloud infrastructure. The surprise announcement comes just a few

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Report: Amazon is leasing retail spaces to launch a new grocery store chain

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Amazon.com Inc.’s burgeoning brick-and-mortar operation could soon include a new grocery store chain separate from Whole Foods. That’s according to a report published today in the Wall Street Journal, which cited the usual “people familiar with the matter” as saying the company has rented more than a dozen retail spaces in the Los Angeles area.

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Pure Storage debuts ‘AI First’ infrastructure and new cloud services

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Data storage company Pure Storage Inc. is making a play for more artificial intelligence workloads with a new “AI First” infrastructure offering announced today at its Pure//Accelerate 2019 event in Austin this week. The new AI Data Hub product is billed as an “end-to-end AI pipeline solution” that provides enterprises with the infrastructure they need

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Cloud security firm Lacework raises $42M

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Cyberecurity startup Lacework Inc. is looking to grow its business faster after securing $42 million in funding from Sutter Hill Ventures and Liberty Ventures and hiring cloud security veteran Andy Byron as its new president and chief revenue officer. The Series C round brings Lacework’s total amount raised to date to $74.7 million. Lacework focuses

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Wikipedia suffers outages in Europe, Middle East due to sustained DDoS attack

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Wikipedia was offline across several countries in Europe and the Middle East Friday after the popular online encyclopedia was targeted in a distributed denial of service attack. The Wikimedia Foundation Inc., the non-profit organization that runs Wikipedia did not go into a lot of details about the attack but implied that the attack may have

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