Category: Technology

Fastly Inc NYSE: FSLY

Fastly, Inc. (Fastly) is a real-time content delivery network (CDN) company. The Company provides services in the areas of delivery, security, streaming media, e-commerce and private CDN. With Fastly, the user can manage traffic spikes and mitigate security threats. Fastly works with Google Cloud Platform to extend the user’s infrastructure and application logic for content delivery, backend workload, infrastructure costs and scalability. Fastly’s streaming media services offer global delivery of video content, whether it’s live or video on demand (VOD).

The Company’s edge cloud platform, designed from the ground up to be programmable and support agile software development. Its platform consists of key components: a programmable edge and a software-defined modern network. The programmable edge provides developers with real-time visibility and control, where they can write and deploy code to push application logic to the edge.

PayPal Holdings Inc.

PayPal Holdings, Inc. engages in the development of technology platform for digital payments. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The firm manages a two-sided proprietary global technology platform that links customers, which consist of both merchants and consumers, to facilitate the processing of payment transactions. It allows its customers to use their account for both purchase and paying for goods, as well as to transfer and withdraw funds.

The firm also enables consumers to exchange funds with merchants using funding sources, which include bank account, PayPal account balance, PayPal Credit account, credit and debit card or other stored value products. It offers consumers person-to-person payment solutions through its PayPal Website and mobile application, Venmo and Xoom. The company was founded in December 1998 and is headquartered in San Jose, CA.

Micron – X100 NVMe SSD


Micron’s X100 Will Drop Like A Bomb On The Intel Data Center

The X100 NVMe™ SSD is Micron’s first product in a new family of high-performance memory solutions based on 3D XPoint™ Technology. With a combination of industry-leading high bandwidth, low latency, high quality of service (QoS) and high endurance, the Micron X100 SSD provides game-changing performance for big data applications and transactional workloads.

Russian Botnet Is Taken Down

Microsoft not the Feds

WASHINGTON — Microsoft organized 35 nations on Tuesday to take down one of the world’s largest botnets — malware that secretly seizes control of millions of computers around the globe. It was an unusual disruption of an internet criminal group, because it was carried out by a company, not a government.

The action, eight years in the making, was aimed at a criminal group called Necurs, believed to be based in Russia. Microsoft employees had long tracked the group as it infected nine million computers around the world, hijacking them to send spam emails intended to defraud unsuspecting victims. The group also mounted stock market scams and spread ransomware, which locks up a computer until the owner pays a fee.

Rapidly, they (Microsoft) took over or froze six million domain names that Necurs was using or had inventoried for future attacks.” A domain name can be a website — www.nytimes.com is a legitimate one, for example — but Necurs had created an algorithm to spawn millions of new domains, often with deceptive names, for future use against unsuspecting victims. Microsoft engineers had cracked the code.

Nvidia’s Invention of the GPU

In 1999 sparked the growth of the PC gaming market, redefined modern computer graphics, and revolutionized parallel computing. More recently, GPU deep learning ignited modern AI — the next era of computing — with the GPU acting as the brain of computers, robots, and self-driving cars that can perceive and understand the world.

Fueled by the massive growth of the gaming market and its insatiable demand for better 3D graphics, we’ve evolved the GPU into a computer brain at the intersection of virtual reality, high performance computing, and artificial intelligence. NVIDIA GPU computing has become the essential tool of the da Vincis and Einsteins of our time. For them, we’ve built the equivalent of a time machine.

Nvidia acquires SwiftStack

Nvidia (NASDAQ:NVDAacquires the data storage and management platform for undisclosed terms.SwiftStack’s platform supports public cloud, on-premises, and edge deployments. Recent launches focus on AI and high-performance computing.

Nvidia is among SwiftStack’s list of customers, which also includes PayPal, Snapfish, and Verizon.SwiftStack raised about $23.6M in private funding.

Nvidia acquires SwiftStack digital wrks

Mar. 6, 2020 9:23 AM ET|About: NVIDIA Corporation (NVDA)|By: Brandy Betz, SA News Editor 

Semi levels attractive after pullback – Mizuho

Mizuho says semiconductor valuations look attractive at the current levels after another coronavirus-related pullback. Vijay Rakesh: “Bottom line, we believe with the pullback semis have definitely corrected some of the valuation excesses.”

Rakesh notes that the June quarter lacks visibility but estimates that a 5-10% topline impact is currently priced into shares.The firm would be buyers of semis with a six to nine month outlook and sees the long-term structural stories as intact despite the near-term headwinds.

Stocks seeing red include On Semi (ON -3.8%), Texas Instruments (TXN -3.4%), and Nvidia (NVDA -3.2%).

ETFs: HACKCIBRIHAKBUGFITE

Mar. 5, 2020 1:57 PM ET|About: ON Semiconductor Corporation (ON)|By: Brandy Betz, SA News Editor 


Cypress Semiconductor Plunges

Trump Blocking Infineon’s $8.7 Billion Bid – Go Away Trump

Semiconductor maker and designer Cypress Semiconductor plunges amid reports the Trump administration may block Infineon Technologies’ proposed $8.7 billion takeover bid.

Shares of defense-focused chipmaker and designer Cypress Semiconductor (CY) – Get Report plunged another 11% on Friday following reports that U.S. national security officials are recommending President Donald Trump block Infineon Technologies proposed $8.7 billion takeover of the company.

Cypress was down 11.39% at $17 in morning trading on Friday after ending the day Thursday down 17.4% at $19.18 following reports that Infineon’s planned purchase of the company is facing concerns from the Committee on Foreign Investment in the United States (CFIUS). CFIUS officials are concerned that Infineon’s takeover of the American chipmaker poses a risk to national security, people familiar with the matter told Bloomberg.

It wasn’t clear why CFIUS officials, which review foreign takeovers of U.S. businesses, see a national security risk. The panel, however, is particularly sensitive to any transaction that could allow Chinese buyers to get their hands on advanced U.S. technology. Cypress, based in San Jose, sells components and designs to the defense industry, although its products are not considered particularly sensitive. Infineon, based in Neubiberg, Germany, generates a large portion of its sales from China.

M. COREY GOLDMAN UPDATED:MAR 6, 2020 9:36 AM EST ORIGINAL:MAR 6, 2020

Synopsys – SNPS

Synopsys Inc., a company that specializes in developing software engineers use in testing semiconductor chips and other products, said profit, on a GAAP basis, fell in its latest quarter.

Mountain View, Calif.-based Synopsys reported earnings of $104.6 million, or 67 cents a share, down from $153.5 million, or $1.01 a share, the year earlier.

Excluding share-based compensation and after other adjustments, the company’s profit of $1.01 a share was 9 cents more than forecasts from analysts polled by FactSet.

Synopsys (/sɪˈnɒpsɪs/) is an American electronic design automation company based in Mountain View, California that focuses on silicon design and verification, silicon intellectual property and software security and quality. Products include logic synthesis, behavioral synthesis, place and routestatic timing analysisformal verification, hardware description language (SystemCSystemVerilog/VerilogVHDL) simulators, as well as transistor-level circuit simulation. The simulators include development and debugging environments which assist in the design of the logic for chips and computer systems. In recent years, Synopsys has expanded its products and services to include application security testing. Their technology is present in self-driving carsartificial intelligence, and internet of things consumer products.

Xerox + HP

Strategic and Financial Benefits

The strategic and financial benefits of a combination between Xerox and HP are self-evident.
After listening to HP’s shareholders, Xerox has increased its offer to:

$24.00 per share | $18.40 in cash and 0.149 Xerox shares for each HP share*

*Based on Xerox’s closing share price of $37.68 on February 6, 2020.