Markets News 

Cisco CEO Chuck Robbins tells us how he led the $200 billion company to growth when everybody expected it to get crushed in the cloud wars

“Todd Nightingale is in charge of Meraki, a cloud networking startup that showed Cisco how to do subscription businesses” writes Matt Weinberger for businessinsider.com. His goals were threefold: First, “provide clarity to the market” about Cisco’s role in the cloud computing market.Robbins wants to make it as easy for those customers to manage their networking infrastructure as it is to run it in the cloud. Source: businessinsider.com

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Rubrik, which provides enterprise data management and backup services, raises $261M at a $3.3B valuation from Bain Capital Ventures and others

“The latest build of its flagship Andes data management platform placed security features center stage, and now we can expect to see more of that” reports techcrunch.com. Moving into security and compliance is a natural progression for the company.One notable exception has been that it made an acquisition — its first — last year when it acquired NoSQL data backup specialist Datos IO, which helped Rubrik further expand from appliance-based management to cloud-based.Existing customer loyalty has always attracted investors to the company, and that’s been the case here, too. Source: techcrunch.com

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The most important cloud security trends in 2019

“Avoid security gaps in a single platform by integrating with third-party validated security solutions to create a holistic, defense-in-depth approach” writes Vb Staff for venturebeat.com. To learn more about the hybrid cloud architecture advantage, and the automated and application-centric security practices you need to protect it, don’t miss this VB Live event!. A hybrid cloud infrastructure offers competitive advantages, but once your data moves outside, the potential for attacks multiplies.Now with hybrid cloud architecture leading the competitive advantage, the perimeter has dissolved. To learn more about hybrid cloud architecture, how…

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Crypto News 

ConsenSys and AMD to Jointly Develop Blockchain-Based Cloud Computing Infrastructure

“Blockchain software company ConsenSys, semiconductor producer AMD, and Abu-Dhabi-based investment management firm Halo Holdings are jointly working on a blockchain-based cloud computing infrastructure” writes Ana Alexandre for cointelegraph.com. According to the statement, W3BCLOUD would be “the first” independent cloud computing blockchain infrastructure to satisfy the requirements of both the public and private sector.The partnership will also include Ethereum (ETH) blockchain technology education for Korean developers through ConsenSys Academy and SK Holdings C&C’s Tech Training Center.Within the collaboration, ConsenSys will provide expertise in the field of computing in blockchain transactions, security…

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Google Cloud’s Toby Cosgrove: Data, AI can help transform health care without privacy risks

“As you look at health care, we have got a problem and a curse in the fact that we have an explosion in the amount of knowledge there is in health care” writes Erin Barry for cnbc.com. Earlier this year, Toby Cosgrove became an executive advisor to the Google Cloud health care team after a long and distinguished tenure at the Cleveland Clinic.He’s taking some of the lessons learned at the latter to help his new employer effect big changes to health care.Telehealth technology connects patients to health care services…

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Report: Huge CenturyLink outage caused by bad networking card in Colorado

“By the standards of modern cloud service providers, a two-day outage is an eternity” writes Tom Krazit for geekwire.com. A widespread outage on CenturyLink’s cloud network that lasted almost two days and hampered emergency phone service in Washington and other states was caused by a faulty network management card, according to a customer notice.And it’s not clear how a single piece of equipment could cause an outage of such magnitude given the layers of redundancy that cloud providers build into their systems. Source: geekwire.com

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Markets News Stocks 

Global stocks under a cloud as U.S. political uncertainty adds to growth fears

“U.S. Treasury Secretary Steven Mnuchin had also raised market concerns by convening a crisis group amid the pullback in stocks” writes Midwest Communications Inc for 95kqds.com. TOKYO (Reuters) – Global stock markets were heading into the year-end under a heavy cloud after another rout this week as U.S. political uncertainty added to heightened concerns over slowing global economic momentum.That has further rattled investors as they grappled with fears of slowing global growth, corporate earnings and U.S.-China trade tensions.Oil prices plunged to the lowest level in more than a year on…

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Despite Larry Ellison’s hype, this Wall Street analyst believes Oracle will have a tough time growing unless it becomes more like Amazon

“Right now, analysts say, the issue is that Oracle wants its customers to use Oracle as a solution to everything, whether it’s Oracle’s cloud, databases or applications” writes Rosalie Chan for businessinsider.com. Still, CTO and co-founder Larry Ellison made another shot at the market-leading Amazon Web services cloud, saying there’s “no way” anyone would ever move from an Oracle database to Amazon.On the other hand, it’s difficult for customers to run an Oracle database on other companies’ clouds, Walravens says. Source: businessinsider.com

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News Stocks 

Amazon Web Services could be worth $600 billion by itself. Here’s why Wall Street analysts think a spinoff won’t happen any time soon

“What’s more, Amazon’s stock has outperformed both the broader market and most of its peers in recent years” writes Troy Wolverton for businessinsider.com. Amazon Web Services could easily stand on its own, Wall Street analysts who cover the company say.The cloud business is arguably already losing business because of its connection to Amazon.Some analysts and investors practically salivated at the idea of Amazon setting up AWS as a standalone company. Source: businessinsider.com

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LightOn raises $3.3 million for optics-based AI data processing

“French startup LightOn has raised $3.3 million in seed funding for a new kind of optics-based hardware technology that improves data processing for artificial intelligence” writes Dean Takahashi for venturebeat.com. Leveraging compressive sensing, LightOn said its hardware and software can make AI computations both simpler and orders of magnitude more efficient.Developers interested in testing the capabilities of the new platform for potential deployment can visit LightOn.io and join the wait list.First users from both academia and industry have already successfully demonstrated impressive results on this hybrid CPU/GPU/OPU server, which has outperformed silicon-only computing technology…

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