Technology Update: Alibaba Group Holding Ltd (NYSE:BABA), Sprint Corporation (NYSE:S) And Cisco Systems, Inc. (NASDAQ:CSCO)
Dallas, Texas, 09/24/2014 (ustrademedia) – Alibaba Group Holding Ltd (NYSE:BABA) it appear, has pegged down the celebrations of the New York Harbor Regatta, the fourth annual event in as many years, with Regatta Bash being sponsored by Barracuda Networks. BABA’s IPO launch euphoria remained with most participants. The regatta saw over 700 guests and 30 sailboats in the competition. The races are focused on raising funds for a New York Harbor School for mariners off the Governors Island. However several bankers scheduled to participate in the event, withdrew from the race, on the day the IPO was launched in September 19. The school hopes to grow one billion oysters in the New York Harbor,
Sprint Corporation (NYSE:S) on Monday announced that its newest network is now co-first with RootScore Award. The award for call and text performance as well as reliability was awarded in Harrisburg in association with RootMetrics independent report. S has been running a strong data plan platform, with two new offers as customers begin to shop for iPhone 6 and iPhone 6 Plus. The first is the Sprint Simply Unlimited Plan at $50 per month, while second is the iPhone for Life Plan, with conditions applicable. Vice president of Sprint Network Performance, Joe Meyer said “With our new data plans, there’s never been a better time to switch to America’s Newest Network.” The latest nation-wide network will include – 4G LTE as well as in-building coverage of 800 MHz along with a low frequency spectrum. The HD Voice is another key feature which will support crystal-clear voice calls.
Cisco Systems, Inc. (NASDAQ:CSCO) on Monday reported the launch of new technology for cable multiple system operators. The new technology will allow the operators to optimize their current broadband systems to deliver Gigabit-services standards. CSCO is catering to FCC ‘gigabit city challenge’ by offering these cost-effective alternatives.