📅 - African telecom operators are shifting their focus to underserved regions in response to growing competition from Starlink, according to a report by data and analytics firm GlobalData. As Starlink continues to expand its low Earth orbit (LEO) satellite network across Africa, local carriers are adopting new strategies to maintain market relevance and capture untapped growth opportunities.
Major African telecom players, including Vodacom and MTN, have already initiated their own LEO connectivity initiatives to expand service coverage. Recent partnerships highlight this trend, such as Orange and Vodacom's collaboration in Uganda to deploy networks in rural areas, Safaricoms agreement with [...][... Check source for end of article ...]
📅 - Bitdefender Acquires BitShield to Expand Cybersecurity in Malaysia - Bitdefender has expanded its presence in the Asia-Pacific (APAC) cybersecurity market with the acquisition of a significant portion of BitShield, which will now operate as a dedicated Country Partner for Bitdefenders distribution in Malaysia and Brunei.
This move would strengthen Bitdefenders foothold in one of the fastest-growing cybersecurity markets, reinforcing its commitment to regional expansion.
While the financial terms of the acquisition remain undisclosed, Bitdefender has confirmed that the acquired BitShield operations will be fully integrated into its global business structure and rebranded under the Bitdefender name. However, BitShields identity and ongoing operations will [...]
📅 - Yondr Group Begins Third Phase of 100MW London Data Center - Global developer and operator of hyperscale data centers, Yondr Group, has commenced construction on the third phase of its London campus in Slough. This expansion will add a 40MW data center to the site, increasing its total capacity to over 100MW. The new facility is expected to be completed by mid-2026, reinforcing the campuss position as one of the largest data center hubs in the UK.
The London campus has been developed in stages, with the first 30MW facility completed in July 2023, followed by ongoing construction on a second 30MW data center.
The third phase is designed to meet BREEAM Very Good certification, aligning with Yondrs commitment to sustainability and its goal of [...]
📅 - Astera Labs Reports Strong 2024 Growth in AI and Cloud Connectivity - Global provider of semiconductor-based connectivity solutions for cloud and AI infrastructure, Astera Labs (Nasdaq: ALAB), has announced its preliminary financial results for the fourth quarter and the entire fiscal year 2024. Astera Labs reported $141.1 million in sales for the fourth quarter of fiscal 2024, a 179% year-over-year and a 25% sequential increase.
The company achieved a GAAP gross margin of 74.0%, with GAAP operating income reaching $0.1 million. Net income for the quarter which ended on December 31, 2024, stood at $24.7 million.
The full-year results for fiscal 2024 highlight significant momentum, with total revenue reaching $396.3 million - an impressive 242% growth [...]
📅 - Positron Secures $23.5M for U.S.-Made Energy-Efficient AI Chips - A consortium of investors, including Flume Ventures, Valor Equity Partners, Atreides Management, and Resilience Reserve, has invested $23.5 million in Positron, a rising player in AI inference technology. This funding would enable Positron to scale the production of its energy-efficient, U.S.-manufactured AI chips, providing enterprises with a cost-effective alternative to Nvidias AI hardware.
Since its launch in 2023, Positron has rapidly gained traction, shipping devices to data centers and neocloud providers nationwide - a rare feat for a semiconductor startup without hundreds of millions in funding.
As AI infrastructure costs soar and enterprises face vendor lock-in with dominant [...]
📅 - StorPool Announces Disaster Recovery Engine for KVM-based Clouds - For cloud infrastructure constructed with the Linux KVM hypervisor and the StorPool Storage platform, the StorPool Disaster Recovery Engine (DRE) will streamline the setup and operation of disaster recovery (DR) services for virtual machines (VM). Tens to thousands of virtual machines can be protected by the StorPool DRE. To guarantee continuous business operations, it streamlines disaster recovery scenarios such as 1:1, many to 1, and many to many. It also provides the industry's best recovery point objective (RPO) and recovery time target (RTO) for virtual machines in disaster situations.
For KVM-based clouds, this new feature turns StorPool Storage into a software-defined primary data [...]
📅 - Supermicro Reports High AI Earnings Amid Blackwell Supply Constraints - Supermicro reported strong financial performance for the second quarter of fiscal year 2025, driven by continued demand for AI infrastructure and data center solutions. However, supply chain constraints, particularly related to NVIDIAs highly anticipated Blackwell architecture, present potential challenges in sustaining this momentum.
The company announced preliminary net sales between $5.6 billion and $5.7 billion for the quarter ending December 31, 2024, representing a 54% year-over-year increase. Supermicros balance sheet remains robust, with an estimated $1.4 billion in total cash and cash equivalents as of December 31, 2024, against a total debt of approximately $1.9 billion, of [...]