CISCO SYSTEMS

IBTimes Logo

Russian president tweets, tours Silicon Valley

Russian President Dmitry Medvedev sent his first Twitter tweet message on Wednesday, then tried out video conferencing at Cisco Systems Inc as he made a quick tour of U.S. technology hub Silicon Valley, which he sees as a possible model for Russia to follow.

HP to cut net 3,000 jobs

IBTimes Logo
Hewlett-Packard Co said it aims to boost margins by cutting jobs and reallocating spending to more profitable technology services, shrinking its workforce by a net 3,000 jobs, or 1 percent, over three years.

Wall St slips as jobless claims offset tech deal

IBTimes Logo
U.S. stocks fell on Thursday, following the best three-day run in 10 months as lackluster jobless data underscored difficulties facing the labor market and offset optimism after a multibillion-dollar tech deal.
IBTimes Logo

Wall Street flat after jobless data

U.S. stocks were little changed on Thursday as gains in technology shares tempered lackluster jobless data that underscored the difficulties facing the labor market.
More news
IBTimes Logo

Cisco reports stronger-than-expected revenue

Cisco Systems Inc reported stronger-than-expected quarterly results thanks to a pick-up in the global economy and growing Internet use, and CEO John Chambers said it was gaining market share.
IBTimes Logo

Cisco revenue stronger than expected

Cisco Systems Inc reported stronger-than-expected quarterly results thanks to a pick-up in the global economy and growing Internet use, and CEO John Chambers said it was gaining market share.
IBTimes Logo

Cisco reports 27 percent growth in revenue

Cisco Systems Inc reported stronger-than-expected quarterly results as a recovering global economy and growing Internet use prompted companies to upgrade their networks.
IBTimes Logo

Wall Street jumps on profit hope, Greece's deal

U.S. stocks rose on Monday as expectations of solid first-quarter earnings spurred buying in financial, energy and industrial sectors, while news of an aid plan for Greece calmed worries about sovereign risk.
IBTimes Logo

Banks, tech lead Wall Street higher

Bank and technology shares lifted Wall Street on Wednesday on hopes the sectors may be poised for a recovery as the U.S. economy improves.
IBTimes Logo

Wall St gains with transports, telecoms

U.S. stocks rose on Tuesday, the anniversary of the market lows reached in the recession, as gains in transportation and telecommunications shares signaled the recovery remained intact.
IBTimes Logo

Cisco launches faster router as video, mobile demand grows

Amid growing demand for video and mobile applications for the largest network carriers, hardware maker Cisco on Tuesday unveiled its latest router, which the company says will give carriers 12 times the traffic capacity of currently available devices.
IBTimes Logo

Cisco introduces faster router

Cisco Systems Inc, the world's top maker of network equipment, introduced a router that it says can handle 12 times the Internet traffic of the nearest competing product.
IBTimes Logo

Techs lead Wall St slightly higher

Technology bolstered Wall Street slightly on Monday, as investors bought shares after analysts' comments on BlackBerry maker Research in Motion and Cisco Systems.
IBTimes Logo

Cisco unveils 'Security Without Borders'

Cisco said on Tuesday that it is trying to create a network environment that enables users to securely log in using any device, from anywhere, using a simple, common, nearly-transparent access method.
IBTimes Logo

IBM begins Power server upgrade to battle HP, Sun

IBM is beginning a long-awaited upgrade to a range of servers and other hardware to make them more energy-efficient and competitive than rival products by Hewlett-Packard and Sun Microsystems Inc.
IBTimes Logo

Nasdaq up on techs, Dow and S&P cut losses

The Nasdaq turned positive late in the session on Friday, while the Dow and the S&P pared losses to nearly flat as investors snapped up technology and materials stocks.
IBTimes Logo

Cisco trounces estimates, sees strong recovery

Cisco Systems Inc's quarterly results and outlook exceeded Wall Street expectations as more customers upgraded their networks to handle growing Internet traffic, leading CEO John Chambers to declare a very strong recovery.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.