Posts tagged “Cisco”
Microsoft's board is focusing on Ford Motor Co. Chief Executive Officer Alan Mulally and internal executive Satya Nadella as part of a group of more likely candidates to become the next CEO of the world's biggest software company, according to people familiar with the matter.
Disclosures of spying abroad may cost U.S. companies as much as $35 billion in lost revenue through 2016 because of doubts about the security of information on their systems, according to the Information Technology & Innovation Foundation, a policy research group in Washington whose board includes representatives of companies such as IBM and Intel.
"We get the transitions right at Cisco," John Chambers says at shareholders meeting. "We get knocked down sometimes, but we get up in a way that no other company does."
The world's largest maker of computer-networking equipment says revenue in the current quarter, which ends in January, will decline 8 percent to 10 percent from a year earlier, while analysts were predicting on average 4 percent growth, according to data compiled by Bloomberg. The news sent Cisco shares down sharply in Thursday trading.
Tech giants Cisco and Lenovo, which both have major operations in the Triangle, are pursuing initiatives to glean business insights from big data. Executives from both companies talk about what it will take to get there.
Analysis: Technology Business Research estimates Cisco's revenue will decline 7% year-to-year, which will be the company's first year-to-year decline since 3Q09. However, TBR expects Cisco's revenue will improve steadily throughout 2014 as the company leverages its dominant market share position, broad solution portfolio and industry-leading channel partner base to successfully capitalize on growth opportunities being driven by cloud, mobility and security.
Lenovo executives have said repeatedly the world's top PC maker wants to further expand its smartphone business. The latest talk now: A possible "tie-up" with HTC. Meanwhile, as BlackBerry searches for a buyer, Cisco's name keeps coming up. Do these deals make sense?
A federal judge has set 9.56 cents per chip as the value of contested patents used in wireless computer network technology in a case by patent-holder Innovatio IP Ventures against electronic device makers Cisco Systems, Netgear and Motorola Solutions as well as other technology firms.
This mobile location-based marketing tsunami is getting out of hand. As Facebook and Cisco partner to target shoppers in malls through Wi-Fi, be forewarned: Some people like me don't like losing control of their phones!
Cisco Systems Chief Executive Officer John Chambers received $21.1 million in compensation for the company's latest fiscal year, almost twice the amount from the previous period. His base salary increased to $1.1 million from $3750,000 - a figure the company described as "historically low" when compared to his peers.
The largest U.S. phone company, plans to shift its spending away from equipment purchases and toward software, aiming to improve network performance and handle more traffic while keeping costs down.
Nvidia, a maker of computer-graphics processors, has named Cisco Systems executive Colette Kress as chief financial officer, filling a vacant post. In other news, Cisco has sold eight office buildings in California.
Cisco's latest acquisition announced this week - a $415 million deal for Whiptail - could have some unintended consequences. While bolstering Cisco's product lineup, the Whiptail deal also threatens its relationship with EMC and NetApp. All three firms have a big presence in the Triangle.
Analysis: Cisco is driving its channel partners to cloud to bolster its cloud revenues, as the company places big bets on the technology, according to Technology Business Research
In the middle of a rapidly changing, unpredictable economy, Cisco's CEO sees one certainty in the future: The Internet will continue to explode as more people and billions of devices link together.
When it comes ti keeping profits away from the U.S. Taxman, Cisco and Apple take most of the criticism. But a Bloomberg analysis finds that IBM, which recently laid off thousands of North American workers, and Microsoft are actually keeping the most profits offshore.
Cisco CEO John Chambers says the company needed to cut 5 percent of its workforce after its first-quarter sales forecast missed analyst estimates. It's the second round of job cuts this year. Cisco has cut 12,300 jobs over past two years.