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Semiconductor solutions provider $MSCC said it has launched the new Ocelot product family, a low power Ethernet switch family optimized for communications networking in the industrial Internet of Things (IIoT) market. The new devices simplify IIoT network migration to an Ethernet backbone with flexible interfaces and TCAM based classifications.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.