• Sky launches new fibre-to-the-home across UK

    Sky has introduced a fibre-to-the-home (FTTH) broadband offer for the UK, just weeks after it announced a strategic partnership with BUUK Infrastructure to obtain wholesale access to full fibre networks across the country, a move it said would open up new growth in the new-build segment of the residential market.

    The announcement also comes after Sky parent Comcast revealed in its third-quarter 2020 results that its UK division was seeing a return to growth and positive financial news after hitting headwinds during the Covid-19 pandemic. Comcast noted that during the quarter, Sky continued to add customer relationships at higher prices

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  • Amazon posts ‘better than expected’ Q3 results as Covid-19 pandemic continues to drive sales up

    Amazon has tripled its profits and seen its revenue rise by 37% compared to a year ago, as the Covid-19 coronavirus pandemic continues to fuel demand for the goods and services it sells.

    The online retail giant’s third-quarter results mark a continuation of the trends seen in the previous two quarters, whereby its business has benefited from unseasonably high demand for the goods it sells, as the pandemic has seen people across the world confined to their homes.

    The company posted a net income of $6.2bn, up from $3.1bn in the third quarter of 2019, against a revenue of $96.15bn,

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  • Google third-quarter results highlight public cloud goals

    Alphabet, the parent company of Google, has posted third-quarter revenue of $46.2bn, while the Google Cloud business grew revenue by 45% to $3.4bn.

    Sundar Pichai, chief executive officer of Alphabet and Google, said: “It’s a testament to the deep investments we’ve made in AI and other technologies, to deliver services that people turn to for help, in moments big and small.”

    In a transcript of the earnings call, posted on the Seeking Alpha financial blogging site, Pichai discussed the opportunities for Google Cloud. He said: “Three trends are driving the continued momentum of cloud business. First, as the shift to

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