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Technology News Roundup
November 18, 2019
Google acquires CloudSimple to ease VMware implementations
Google (GOOG -1.1%, GOOGL -1.1%)
has acquired CloudSimple, a provider of dedicated environments to run VMware (NYSE:VMW) workloads in the cloud.
Terms weren’t disclosed.
The deal builds on their existing partnership from earlier this year, Google says.
In that partnership, customers can migrate VMware workloads from on-premise data centers directly into the Google Cloud VMware Solution by CloudSimple, and create new workloads as needed.
SunPower selected to build JFK Airport solar project
The Port Authority of New York and New Jersey says it awarded a 13 MW solar project for the John F. Kennedy International Airport to
and Goldman Sachs Renewable Power Group.
The project, which will be New York City’s largest solar project, will include ~7.5 MW of battery storage.
Intel director acquires $5M in shares
director James Goetz discloses acquiring 34,220 at an average price of $58.52 and 52,000 shares at $57.88.
Goetz, a partner at VC firm Sequoia Capital, was added to the Intel board last week.
Sony buys out AT&T from Game Show Network
Sony Pictures Entertainment (NYSE:SNE)
has bought out
minority stake in Game Show Network, taking 100% control of the company.
AT&T received about $500M, which values its stake around $380M and includes dividends of about $130M. As part of the deal, GSN will continue to be carried on DirecTV.
Sony had owned a 58% stake beforehand; it will continue to manage the network.
TikTok exploring distancing itself from China roots – WSJ
Facing tensions between its fast rise in the United States and its Chinese roots, social-media firm TikTok is looking to distance itself from China in various ways,
The Wall Street Journal
It’s looking at expanding operations outside China (such as into Singapore), as well as cutting Chinese content in the app and potentially rebranding the service in the U.S., according to the report.
That comes as investors in TikTok owner ByteDance (BDNCE), including
, see U.S. growth as key to a 2020 initial public offering.
A company spokesman says an IPO isn’t its focus, moving HQ to Singapore isn’t under consideration, and there’s no discussion to change TikTok’s brand name.