Article: Big Tech financial companies are one step ahead of regulators | Technology Sector

Money, Open Governance, Standards

Big Tech financial companies are one step ahead of regulators | Technology Sector

In In the midst of the global financial crisis in 2009 Paul Volcker, Former Federal Reserve Chairman, Famous Observed The only socially productive financial innovation in the last two decades has been automated teller machines. Volcker wonders what to do with today’s tsunami of digitally-enabled financial innovation, from mobile payment platforms to internet banking and peer-to-peer lending.

Volcker may be relieved. Like humble ATMs, many of these innovations have tangible benefits in terms of lower transaction costs. But as a critic of a major financial company, Volcker will probably also be worried about some very large tech companies entering the sector.Their names are as well known as their services are ubiquitous: Amazon in the United States, cacao, a South Korean messaging company, Mercado Libre, an online auction and commerce platform in Latin America, and a Chinese technology company. Alibaba And Tencent.

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Article: Equinix Expanding Capabilities of Its Open Source Bare Metal Automation Platform Tinkerbell

Free, Open Software, Open Source

Equinix Expanding Capabilities of Its Open Source Bare Metal Automation Platform Tinkerbell

More enterprises are said to be taking interest in the platform now that it’s been open sourced as a Cloud Native Computing Foundation project. Here’s a company name you didn’t use to hear in conjunction with open source software release cycles but now increasingly will: Equinix.

When the colocation giant acquired Packet, a bare metal cloud provider, last year, the crown jewel was Packet’s infrastructure automation technology, which made the experience of provisioning bare metal servers similar to that of provisioning VMs in a public cloud.

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Article: Open source, programmability and as-a-service to play a big role in future networks

Code, Open Software, Open Source

Open source, programmability and as-a-service to play a big role in future networks

As networks rely more on software, industry experts expect open-source to play a role in Layer2 and 3 functionality, and that data-centers will rely more on cloud-like services.

Networks of the not-to-distant future could feature many more open-source software components, advanced programmability, and be delivered as-a-service, according to experts speaking at the Future:Net 2021 symposium. Attendees of the virtual event heard predictions from vendors such as Cisco, Google, and Microsoft as well as academics and analyst firms such as Gartner and 451 Research.

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Article: China Hyperscalers Strive to Keep Pace In Open Source

Free, Open Software, Open Source

China Hyperscalers Strive to Keep Pace In Open Source

We have a good sense of what projects U.S. companies open source but when it comes to Chinese webscale companies, most notably the big three—Baidu, Alibaba, and Tencent—that ecosystem is less public and not often discussed.

For instance, even if you work in open source at a large company, it is unlikely you’ve head of projects like X-Deep Learning, which is Alibaba’s production ML framework for sparse datasets or the Mars cross-platform network component developed at Tencent.

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Article: Intel and Softbank Beware. Open Source Is Coming to the Chip Business

Hardware, Open Manufacturing, Open Source

Intel and Softbank Beware. Open Source Is Coming to the Chip Business

After revolutionizing software, the open-source movement is threatening to do same to the chip industry. Big technology companies have begun dabbling with RISC-V, which replaces proprietary know-how in a key part of the chip design process with a free standard that anyone can use.

While it’s early days, this could create a new crop of processors that compete with Intel Corp. products and whittle

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