(Telecompaper) According to Telstra, the largest reason for the decline in EBITDA was the impact of the NBN. To date, Telstra estimates the NBN has adversely impacted EBITDA by AUD 1.7 billion since FY16. The operator also estimates it is around 50 percent of the way through the recurring financial impact of the NBN.
Lenovo doubles quarterly profits on cost cuts, strong PC sales
(Telecompaper) Lenovo nearly doubled its operating profit in the fiscal first quarter to June, thanks to improved profitability across all its divisions. Revenues were up 5 percent to USD 12.5 billion, driven by the PC business, and the net profit rose to USD 162 million from USD 77 million a year ago.
Cisco Q4 results top expectations, sees slow Q1 sales
(Telecompaper) Cisco reported revenues for its fiscal fourth quarter to July up 6 percent year-on-year to USD 13.4 billion. However, the company warned that growth will slow in the first quarter to October, due in part to the US-China trade tensions.
Mobileum Announces Appointment of New CFO
Ilya Cantor joins as Chief Financial OfficerAugust 15, 2019, Cupertino, California: Mobileum Inc. (Mobileum), a leading global provider of analytics-based roaming and risk management solutions for global communications service providers (CSPs), today announced the appointment of Ilya Cantor as its new Chief Financial Officer. With two-plus decades of experience at multinational public and private companies, Mr. Cantor brings a wealth of expertise in software and services, initial public offerings, large scale debt recaps, and numerous…
Source: RealWire
Microsoft Surface Pro 6 and Surface Book 2 devices are throttle locking to 400 MHz
User reports indicate that an erroneously set CPU flag is sending Intel Core processors back into the Pentium II age.
Tencent revenue growth improves to 21% in Q2 as more games released
(Telecompaper) Tencent reported second-quarter revenues up 21 percent year-on-year to CNY 88.8 billion (USD 12.9 billion), accelerating growth from 16 percent in the first quarter. Its games business returned to revenue growth of 8 percent, and Tencent also benefitted from expansion in video streaming and payment services, offsetting a lowing ad market.
Tencent Will Mitigate Growth Slowdown in Second Half, CLSA’s Leung Says
‘Bloomberg Technology’ Full Show (8/14/2019)
Why GitLab’s approach could ignite broad DevOps adoption
DevOps professionals have traditionally had to assemble their toolchain piecemeal. GitLabs thinks it has a better way.
Why Los Angeles decided to open source its future
The Los Angeles Department of Transportation needed a way to improve traffic, so it open sourced it.