Recent Articles
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Cisco Plans $1B in Cuts by October, Layoffs Likely
Cisco Systems (NASDAQ:CSCO) plans to cut $1 billion in costs from its fiscal 2012 run rate as it seeks to right itself, according to CEO John Chambers who addressed analysts in a conference call following the company’s third quarter earnings release May 11. Most of the $1 billion in cost cutting will be executed by…
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Microsoft Releases Windows Azure Toolkits for Smartphones
Microsoft has announced a set of toolkits to further enable developers to build device applications that take advantage of Windows Azure, the Windows Azure Toolkits for Devices. Microsoft announced Windows Azure Toolkits for Devices, consisting of assets for Windows Phone, iOS and a preview of tools for Android. Using the toolkits, developers can use the…
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Cisco Debuts Branch Office WLAN Controller at Interop
Cisco Systems officials over the past few months have built out the capabilities of their Borderless Networks initiative in such areas as mobility, security and management. Now the networking giant is looking to extend the reach of the strategy into branch offices. At Interop 2011 this week in Las Vegas, Cisco officials are showing off…
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Revenue Up, Profit Down at Symantec
Data protection and software management provider Symantec on May 11 reported a 9 percent decline in its profits for its fourth-quarter 2011 earnings, but the company still bettered Wall Street analysts’ projections. The Mountain View, Calif.-based company that makes the popular Norton Security Suite cleared $168 million (22 cents per share) for the three-month period…
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Acer Looking to Tablets, Software to Boost Sales
Acer Chairman J.T. Wang reportedly is on the verge of deciding whether to buy a software developer that he hopes could increase the appeal of Acer products and boost profits, which last quarter fell to their lowest in more than six years. Wang wouldn’t offer the name of the developer or share financial details about…
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Netgear, Egnyte Release Hybrid Cloud Storage Platform
Egnyte, a provider of cloud file-server solutions, and Netgear, a networking company, announced that Netgear ReadyNAS Pro is now shipping with Egnyte preinstalled as a configured add-on. Egnyte is also making it possible for existing users of Netgear ReadyNAS Pro to access Egnyte Office Local Cloud by updating their firmware. First announced in October 2010,…