![]() In an era of blockbuster market debuts preceded by astronomical private financing rounds, Backblaze … a cloud service for backing up data … is a throwback to a time when sub-billion-dollar companies routinely went public to raise capital and build their profile … to win the trust of customers.īackblaze shares climbed 24% in their debut on Thursday and another 12% on Friday, lifting the price to $22.31 and giving the company a market cap of around $650 million. ![]() Jordan Novet: Backblaze public on small valuation and minimal funding But many of its former competitors have essentially dumped their “unlimited” offerings-it’s the old tragedy-of-the-commons problem. Analysis: Can it Avoid Death-by-Packrats?īackblaze is trying to grow this newer DevOps business, without losing its classic consumer chops. In its first week, the stock jumped 60%.īackblaze is well known for its tiny-margin consumer backup product and its open-source “storage pod” hardware-but is less well known for its DevOps-focused “B2” cloud storage service. I’m trying to convince my company to switch from AWS to GCP but an outage like this one is definitely a showstopper.īackblaze is now NAS:BLZE. The #3 IaaS provider won’t get to #2 if it keeps this up. … Config safety is not their strong suit. They’ve wiped out the GSLB configs before.Ī year ago there was also that big outage where they blanked out the whole Gmail delivery config and started rejecting all mail. This is a sort of repetitive outage for Google. These, working with Google’s Cloud Delivery Network (CDN) designed to stop website failures and Distributed Denial of Service (DDoS) attacks by putting your website behind a single anycast IP.Īre you feeling a touch of déjà vu? jeffbee, too: The specific problem seems to be with the GCP load balancers. … There appears to be more major sites having problems than not. The result? Many of us have seen 404 errors when trying to get to some of our favorite web pages. Vaughan-Nichols: Google glitch triggers major internet outage But this isn’t the first time we’ve seen Google Cloud issues such as this I can’t imagine it’s the last. In theory, putting all your eggs in one basket is okay-so long as that basket can reliably stop your eggs smashing on the pavement. But perhaps the worst impact was felt by the poor, unfortunate users of Pokémon GO. Aside from the knock-on Google Cloud failures, DevOps tools such as BigCommerce, Datadog, Deno, Discord, Egnyte, Evernote, Linear, Netlify and Toggl were reported to be affected. Google’s load balancers all went offline for two hours on Tuesday. that’s what a company like Nvidia wants-to boost the competition? Nvidia claims, “The transaction will … boost competition and innovation.” Falmari finds that hilarious:ĭid Nvidia’s spokesperson previously work as a stand-up comedian? Because as jokes go, “boost competition” is a whopper. This blathering about “sold to a Japanese firm” is getting old. … Then it is a UK company! … Buying shares is buying ownership, but it doesn’t move the company to another jurisdiction. What did they buy? Shares of a UK company. There is now a much more muscular political take on UK national security concerns with a particular focus on tech.īut if it’s owned by a Japanese company, why is the UK getting involved? Glad you asked- Aighearach answers: … Arm licenses its designs to other chipmakers, providing scope to restrict rivals’ access.Īrm was a political talking point in 2016, when its sale to SoftBank … was waved through with embarrassing ease. The transaction, which was announced in September 2020, is bogged down in regulatory reviews around the world: … Arm’s “neutral” business model has always made it a difficult acquisition. ![]() … The CMA’s full phase 1 report doesn’t make for easy reading. … Nvidia got both from the UK’s Competition and Markets Authority. It is another for it to imply publicly that your assurances credible. It is one thing for a regulator to give your deal a thorough going-over. Helen Thomas: Nvidia faces tough Arm wrestle They’re even found in exascale iron, including the Riken Fugaku, the world’s fastest supercomputer. So this deal really shouldn’t go through, regardless of Nvidia’s fluffy PR reassurances.ĪRM chips aren’t just found in 99% of smartphones, but are an increasing fixture in the datacenter-especially where “performance per Watt” is important. Arm doesn’t make chips-it licenses technology to Nvidia and many of its competitors-AMD, Apple, Broadcom, Samsung and Qualcomm, to name but five. This matters because ownership of the ARM ISA and the core designs would be a huge strategic stick to beat Nvidia’s competition with.
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