Cable

Why this money manager is buying Broadcom, Blackstone and an Italian electric cable company

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Why this money manager is buying Broadcom, Blackstone and an Italian electric cable company

Open this photo in gallery: Shane Obata, portfolio manager at Middlefield Capital Corp. in Toronto.The Globe and Mail Money manager Shane Obata doesn’t see a recession on the horizon and believes the current interest-rate-cutting cycle will be a… Article Source https://www.theglobeandmail.com/investing/globe-advisor/advisor-funds/article-why-this-money-manager-is-buying-broadcom-blackstone-and-an-italian/

British watchdog scrutinizing Hewlett Packard Enterprise’s $14 billion acquisition of cable giant Juniper Networks

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British watchdog scrutinizing Hewlett Packard Enterprise’s billion acquisition of cable giant Juniper Networks

The Competition and Markets Authority in Britain is investigating HPE’s proposed $14 billion acquisition of Juniper Networks, seeking comments from interested parties to determine potential competition issues. HPE expects the merger to double its networking business, with little overlap between its existing products and Juniper’s offerings. The watchdog has until August 14 to decide whether … Read more

Google to create the inaugural fiber optic cable linking Africa and Australia

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Google to create the inaugural fiber optic cable linking Africa and Australia

Google has announced plans to build the first fiber optic route connecting Africa with Australia, a project known as the “Umoja cable route.” This undersea cable will run from Kenya to Australia, passing through several African countries along the way. The goal is to enhance connectivity infrastructure in Africa and expand Google’s presence on the … Read more

Google is preparing to connect Kenya and Australia with a fiber optic cable.

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Google is preparing to connect Kenya and Australia with a fiber optic cable.

Google announced on Thursday that it will be constructing a fiber optic cable known as Umoja, meaning “unity” in Swahili, to connect Africa and Australia. The cable will begin in Kenya and pass through several countries before crossing the Indian Ocean to reach the mainland. The goal of the project, according to Google, is to … Read more

Google plans to construct the first submarine fiber optic cable linking Africa and Australia.

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Google plans to construct the first submarine fiber optic cable linking Africa and Australia.

Google is preparing to build a new submarine fiber optic cable named “Umoja,” which will connect Africa and Australia. This move comes as major cloud hyperscalers, including Google, AWS, and Microsoft’s Azure, compete for commercial dominance in the market. Google’s decision to build this cable is seen as a response to widespread connectivity issues in … Read more