Network equipment maker Cisco Systems said on Monday that it plans to cut about 1,300 jobs as part of ongoing efforts to restructure the company.
Joseph Lazzaro
Jul 23, 2012
Cisco Systems Inc. (Nasdaq: CSCO), the No. 1 provider of Internet gear, said it had acquired private Virtuata, a two-year-old specialist in cloud computing and security.
David Zielenziger
Jul 17, 2012
After the formal announcement Monday that Marissa Mayer had been elected the new CEO of Yahoo (Nasdaq: YHOO), the No. 3 search engine, the new executive announced she was pregnant.
David Zielenziger
Jul 17, 2012
Chances are you’ve generated some revenue for Active Network (Nasdaq: ACTV), the San Diego-based cloud computer services software developer without knowing it.
David Zielenziger
Jul 16, 2012
The Supreme Court?s ruling to uphold the Affordable Health Care Act will likely benefit the technology industry, from computer services providers like Hewlett-Packard Co. (NYSE: HPQ) to medical electronics makers like Agilent Technologies (NYSE: A).
David Zielenziger
Jun 28, 2012
Padmasree Warrior, the veteran chief technology officer for Cisco Systems (Nasdaq: CSCO), the No. 1 provider of Internet equipment, will now also run the company?s strategy office.
David Zielenziger
Jun 26, 2012
Now that the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, has lost 32 percent of its value, technology giants including International Business Machines Corp. (NYSE: IBM), Oracle (Nasdaq: ORCL) and Google (Nasdaq: GOOG) are on a shopping spree. That may chill the IPO pipeline.
David Zielenziger
Jun 06, 2012
Research In Motion's appointment of bankers to advise on drastic options, including an outright sale of the BlackBerry maker, may only hasten moves by major customers to offer their employees smartphones produced by rivals.
Manoj Kumar
Jun 03, 2012
Several industry bellwethers like Cisco Systems (Nasdaq: CSCO), Dell (Nasdaq: DELL) ) and NetApp (Nasdaq: NTAP) have reported poor resuilts or forecasts. Hewlett-Packard (NYSE: HPQ) will axe 27,000 people. Is a new tech recession ahead?
David Zielenziger
May 27, 2012
Margaret Whitman, the new CEO of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, decided to swing her ax Wednesday as the company reported dreadful second-quarter results.
David Zielenziger
May 23, 2012
Because they report quarterly results generally out of the regula,r pattern technology giants Cisco Systems (Nasdaq: CSC), Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL) are technology bellwethers. Do their dismal dismal forecast presage downturn?
David Zielenziger
May 23, 2012
Investors in Facebook Inc. (Nasdaq: FB), the No. 1 social network, got their first chance on Friday to gauge reaction to its $38-a-share public offering price that initially had valued the company at $104 billion.
David Zielenziger
May 18, 2012
International Business Machines Corp. (NYSE: IBM) announced a series of initiatives for cloud, or Internet-based computing, to lower costs as well as lure more customers.
David Zielenziger
May 17, 2012
U.S. investors bought shares of industrials, airlines, gold mining companies and agricultural assets Wednesday as robust economic data offset fears stoked by the likelihood of Greece leaving the euro zone.
Angelo Young
May 16, 2012
Surging demand for shares of Facebook (Nasdaq: FB), the No. 1 social network, prompted the company to again boost the number of share for sale in its initial public offering.
David Zielenziger
May 16, 2012
Stock index futures fell on Friday and were on track to extend the week's losses after JPMorgan Chase & Co revealed a shocking trading loss of at least $2 billion from a failed hedging strategy.
IBT Staff Reporter
May 11, 2012
Stock index futures fell sharply on Thursday evening as JPMorgan Chase & Co stunned investors with news that its chief investment office had incurred significant mark-to-market losses that it said could easily get worse.
IBT Staff Reporter
May 10, 2012
New Labor Department data suggests a strong start to jobs growth in January may not get wiped out by negative growth heading into the third quarter.
Angelo Young
May 10, 2012
Shares of Cisco Systems (Nasdaq: CSCO) plunged nearly 11 percent after the company projected weaker-than-expected results for the current quarter.
David Zielenziger
May 10, 2012
S&P 500 futures were flat on Thursday as investors paused from a recent bout of selling ahead of the latest report on the labor market.
IBT Staff Reporter
May 10, 2012
The companies whose shares are moving in pre-market trade Thursday are: Aegon N.V., Banco Santander, Alpha Natural Resources, Cisco Systems, CGG Veritas, Arena Pharmaceuticals Inc and Unilever plc.
Bhaskar Prasad
May 10, 2012
A corporate diet, better focus and the explosion of ?Big Data? sent earnings up for Cisco Systems (Nasdaq: CSCO), the No. 1 provider of Internet equipment.
David Zielenziger
May 09, 2012