Recent Articles
-
Cisco CEO Apologizes to Shareholders
NEW YORK, Nov 18 (Reuters) – Cisco Systems Inc (NASDAQ:CSCO) Chief Executive John Chambers repeatedly apologized to shareholders on Thursday for a weak sales outlook last week that sparked a sell-off in the company’s shares. He also said the network equipment maker was unlikely to lose market share in its core business of routing and…
-
Dell’s Strong Quarter Quells Market Fears
SAN FRANCISCO, Nov 18 (Reuters) – Dell Inc (NASDAQ:DELL) raised its yearly income forecast after third-quarter margins and earnings smashed expectations, helped by sliding costs of PC components and propelling its shares 4.8 percent higher. The personal computer maker, which vies with Acer Inc (TW:2353) for the No. 2 spot in the global PC market,…
-
Dell Mobile Executive to Leave
SAN FRANCISCO, Nov 17 (Reuters) – The executive in charge of Dell Inc’s (NASDAQ:DELL) mobile group is leaving the company as it begins a major push into the smartphone and tablet markets. Ron Garriques was a high-profile hire when he arrived at Dell in early 2007, charged with overhauling the company’s consumer business. One year…
-
Verizon Business, Microsoft Partner on Cloud-based Online Services
Verizon Business and technology giant Microsoft Corp. announced they are jointly delivering Verizon unified communications (UC) and collaboration capabilities with Microsoft Online Services, a cloud-based platform designed specifically for small to medium-size businesses (SMBs). The platform combines Verizon voice, Internet, security, mobility and backup services with a host of Microsoft capabilities that can be packaged…
-
HP Quarter Expected Strong, Dell in Question
SAN FRANCISCO, Nov 16 (Reuters) – Hewlett Packard Co (NYSE:HPQ) hopes to shift investors’ attention from its internal upheaval to financial performance, with an imminent quarterly report expected to again showcase its reputation for solid — if unspectacular — growth. HP shares have suffered after months of grappling with the messy exit of Mark Hurd…
-
Cisco Unveils Virtualization Experience Infrastructure
Networking communications giant Cisco announced a wide-ranging desktop virtualization system and solutions comprising collaboration, borderless networking and data center technologies from the company and an ecosystem of virtualization vendors. Named the Cisco Virtualization Experience Infrastructure (VXI), the system design integrates Cisco’s Collaboration, Data Center Virtualization and Borderless Networks architectures with desktop virtualization software and devices.…