IBM isn't put off by Brexit. The tech giant plans to build four new cloud data centers in the U.K., adding to the two it already uses to serve customers such as travel group Thomson, retailers Boots and Dixons Carphone, and National Grid. It didn't disclose the size of its investment. (Reuters) Oracle makes another big cloud acquisition. It will pay between $600 million and $700 million to buy Dyn, a well-known provider of domain name services—geek speak for technology that maps Internet servers to specific websites. Dyn was the company targeted by a widespread Distributed Denial of Service (DDoS) attack in late October. (Fortune) Apple may be ditching its wireless router business. The engineers working on AirPort, the Wi-Fi product first introduced by Steve Jobs, have been reassigned, reports Bloomberg. The company hasn't released an updated version in at least three years. (Fortune, Bloomberg) Arista gets brief reprieve in Cisco fight. U.S. customs officials will allow the company to import certain redesigned Ethernet networking products that were previously banned by the International Trade Commission. Cisco has accused Arista of both patent and copyright infringement. Their trial is scheduled to begin next week in federal court in California. (Reuters) Google adds more brainpower to artificial intelligence effort. It's staffing up a new division in Montreal and investing $4.5 million in a research laboratory at a local university. The Montreal Institute for Learning Algorithms is led by Yoshua Bengio, considered one of the foremost experts in machine learning. (Fortune) Goldman Sachs, Banco Santander pull out of blockchain group. The banks are parting ways with R3 CEV, a consortium representing around 70 financial firms. According to a source close to the matter, Goldman—one of R3's original supporters—wasn't on board with an upcoming fundraising deal. Both Goldman and Banco Santander are both investors in a rival startup, Digital Asset Holdings. (Fortune) |
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