Cisco Buys eBPF Startup For Cloud-Native Networking; Garter Forecasts $5 Trillion In IT Spending
This week’s Network Break examines why Cisco bought eBPF startup Isovalent (hint: it’s about cloud-native networking), why Broadcom is cranking up pressure on VMware resellers and customers (hint: it’s about money), and why Google Cloud is sort of dropping fees for customers who want to exit the cloud (hint: it’s about getting out ahead of potential regulations).
Gartner forecasts $5 trillion in IT spending for 2024, and chip maker TSMC brings in nearly $20 billion in Q4 revenues—lower than this time last year, but TSMC beat expectations and is touting 2024 growth driven by AI.
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