Items tagged with Cisco

We wrote a couple of days ago about a huge treasure trove of alleged NSA-derived exploits that were hitting the market. That gold mine was accessed by a group calling itself Shadow Brokers, and it's been said that their source was Equation Group, which is believed to be an extension of the NSA. At that time, there was no proof that any of the exploits contained in the collection were still valid. Quickly, some noted that a few of the targets were already patched, leading the rest of us to believe that the entire collection came a bit too late. However, anyone who thought that might have to back... Read more...
As part of a restructuring plan, Cisco is laying off 5,500 employees, which represents approximately 7 percent of its global workforce. The announcement comes at the tail end of a successful quarter that saw the networking company post a profit of $2.81 billion, or 56 cents a share, up from $2.32 billion, or 45 cents a share in the same period a year earlier. To understand the planned layoffs, a closer look at the numbers is required. Cisco's bread and butter for the past 31 years has been networking equipment, and things like routers and switches continue to bring in the most revenue. However,... Read more...
Intel is flexing its muscles by partnering with some of the wireless industry’s biggest names to support the transition to 5G technology. Some of those partners include Ericsson, Korea Telecom (Intel will begin 5G wireless trials with KT in 2018), Nokia, SK Telecom and Verizon. In addition, Intel has also announced an alliance with Ericsson and Cisco (all three are members of Verizon’s 5G Technology Forum) to develop next generation 5G router technology that will be deliver high-speed Internet to businesses and residential customers. “This collaboration of industry leaders and 5G pioneers will... Read more...
Where computer security is concerned, it almost seems like unauthorized access can be granted via an unlimited number of ways. While computer security in the home is obviously very important, having good defenses in the enterprise market is paramount. In some cases, slipping up could result in the loss of millions of dollars, and perhaps result in a major mess to clean up. Keeping up on that security is easier said than done, though. As security firm FireEye reports, there are some layers of security that simply get overlooked far too often, but soon enough, they won't be able to be ignored. In... Read more...
Security firms and anti-malware providers sure do have their work cut out for them, a fact that seems to get emphasized every day. As attackers become more creative, researchers have to dig deep in order to understand how malware manages to hide itself so well. It used to be that static scanners would be suitable enough, but that's hardly the case nowadays. Attackers are becoming even more creative, creating almost ninja-like malware. Take Rombertik, for example. This is a piece of malware that was deeply analyzed by Cisco's Talos Security Intelligence and Research Group that at the high level... Read more...
China has banned several prominent technology brands from its approved purchase list, presumably because it fears that foreign companies are helping the U.S. government with its spying efforts. There are several well-known names on the list, including Apple, Intel, and Cisco, the latter of which is perhaps being hit the hardest by the ban. According to Reuters, Cisco had no less than 60 products on the Central Government Procurement Center's (CGPC) list in 2012, but they've all disappeared by the end of 2014. It's assumed that the ban on these and other products is in reaction to the disclosures... Read more...
The Federal Communications Commission has been considering the implementation of new neutrality rules in an attempt to determine how internet service providers should manage web traffic on their networks. The outcry against the FCC and the concept of “fast lanes,” in addition to treating IPSs more like public utility companies, continues to grow with many network companies and equipment manufacturers going so far as to tell U.S. Commerce Secretary Penny Pritzker how these policies could hurt the internet and U.S. economy. The latest group to join the protests and outcry are 33 companies... Read more...
Two days after announcing plans to invest $1 billion in an ambitious cloud computing venture, Cisco Systems finds itself having to defend against a lawsuit alleging that some $43 billion in sales over the last five years infringe on patents. The company making the claim is Spherix, which describes itself as an intellectual property development company committed to the fostering and monetization of intellectual property. Spherix alleges that Cisco ran afoul of 11 patents that relate to routers and switches, and all of which were developed by inventors at Nortel, which were then acquired by Spherix... Read more...
It's often said you have to spend money to make money, and if that's true, Cisco may make a fortune in the cloud space. That's because the networking guru is reportedly planning to invest a king's ransom -- $1 billion, to be precise -- over the course of the next two years building data centers that will help run a new service it's calling Cisco Cloud Services. Cisco specializes in networking hardware, and while that remains profitable, the company is seeing a growing trend where businesses would rather rent computing services in place of buying and maintaining their own equipment, The Wall Street... Read more...
Now we’re talking: Cisco is putting up hundreds of thousands of dollars in an effort to deliver the security solutions necessary to protect the growing wave of connected devices in the Internet of Things. IoT security is a huge deal, both because of the potential disasters that could befall individuals, businesses, and cities with unprotected smart devices and also because to date there are essentially no security measures in place for connected devices that aren’t computers, smartphones, or tablets. (Case in point is the now nearly legendary refrigerator hack. A refrigerator! Hacked!)... Read more...
It's a sue happy society we live in, that's just the way it is. Not only is that true of individuals, but it especially applies to businesses, hence why it's so important to own a robust patent portfolio. Without one, a company is at risk of litigation over patent infringement. It's with that in mind that Cisco and Google today announced that they've entered into a long-term patent cross-licensing agreement. The deal covers a broad range of products and technologies. By inking the deal, both companies are able to extract value from their respective portfolios as well reduce the chances that either... Read more...
My, how the tables have turned. Seven years ago, analysts could've likely predicted that BlackBerry was in a position to consider acquiring a great number of rivals in order to stake its claim in the mobile market for the foreseeable future. Now, it's all the more likely that BlackBerry will be sold off in pieces for paltry sums that'll probably make its founders weep. After announcing a deal recently to be taken private for just over $9 per share, Reuters is reporting that a number of larger tech firms are in the running to bid for what's left of the once-powerful smartphone maker. As of now,... Read more...
NVIDIA's more than two-year long search for a Chief Financial Officer has finally ended with the hiring of Colette Kress, a 24-year veteran of the tech industry who will serve both as CFO and executive vice president of the GPU maker, the company announced. Kress, 46, will report directly to NVIDIA presdient and CEO Jen-Hsun Huang. "We have searched extensively for the right candidate and are thrilled to have Colette join us," said Huang. "She brings fantastic experience, excellent financial management skills and deep industry knowledge to NVIDIA. Colette will be a great asset as we work to extend... Read more...
Cisco has never been bashful about acquiring companies even though it doesn't always work out (after acquiring Linksys, it was later sold to Belkin, for example). In it's latest move to beef up its portfolio, Cisco today announced its intention to acquire Whiptail for $415 million in cash. Whiptail primarily focuses on software to manage cloud-based flash storage. In a press release, Cisco said the acquisition will strengthen its Unified Computing System (UCS) strategy and enhance application performance by integrating scalable solid state memory into the USC's fabric computing architecture. "We... Read more...
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