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The eliminations started last year and initially fell hardest on Amazon's Devices and Services group, which builds the Alexa digital assistant and Echo smart speakers
Cisco Systems Inc forecast current-quarter revenue below expectations as supply chain shortages and delays drive up costs
Cisco has voluntarily disclosed that there was a possible embezzlement scheme at Its China operations and it is investigating payments made to employees of Chinese state-owned enterprises
Zoom's stock has risen more than eight-fold since its initial public offering last year and four-fold so far in 2020, but it fell as much as 5.4% in early Monday
(Reuters) - The S&P 500 and the Dow Jones Industrial Average were unchanged on Thursday, but still hovered near record levels as a dour forecast from Cisco offset gains in Walmart after its strong outlook.
Cisco shares declined 6.2 per cent to $47.50 at 9:36 am in New York, rebounding from an earlier 8 per cent drop, the biggest intraday fall since May 2017
Under the partnership, Cisco is providing the network infrastructure and about 25 locations already live in Benagluru and another 200 locations will go live in the next 2-3 months in the city
Cisco will bring the capital and expertise it takes to make smart city projects a reality
Cisco employs almost 12k people across centres in Delhi, Mumbai, Bengaluru, Chennai, Pune, Gurugram
In 2004, network security leviathan Cisco acquired Perfigo for a cool $74 mn, reports Tech In Asia
We're more of a software firm than people understand, says Cisco Systems CEO Chuck Robbins
18,000 employees have been kicked off by Microsoft in July 2014