Tag Archives: Cisco

(Bloomberg) — Cisco Systems Inc. spooked investors with a warning that Chinese lockdowns and other supply disruptions would wipe out sales growth in the current quarter, renewing broader concerns about tech spending in a shaky economy. Most Read from Bloomberg The outlook sent Cisco shares down as much as 19% in late trading and weighed on stocks of other networking companies, dealing a fresh blow to an already-battered sector. Even before Cisco’s latest plunge, its stock was down 24% this… Source link

One of Google’s new dedicated pieces of videoconferencing hardware that interoperates directly with … [+] Cisco’s Webex platform is the Series One Desk 27. Google As the demands and realities of hybrid work start to become more apparent, companies are beginning to face new issues. In particular, there’s growing recognition of the many challenges that organizations are going to face as they begin to integrate more combinations of in-house and remote workers. In… Source link

Former long-time Cisco CEO John Chambers has done business in China for decades, dealing with corporate leaders and government officials. The various dealings were always tough, acknowledges Chambers, but importantly there was a certain predictability to them and a focus on win-win outcomes.  But that predictability has evaporated as the Chinese government cracks down on the business operations of Didi (DIDI) and other big tech players in the country, says Chambers.  As a result of this new… Source link

John Chambers has pretty much seen, and done it all in corporate America.  Chambers led Cisco for two decades, surviving the dot com crash and going onto build the company into the tech powerhouse it is today through numerous acquisitions and impressive operational skill. Along the way he developed close, lasting relationships with world leaders such as France President Emmanuel Macron.  Since leaving as Cisco’s chairman in December 2017, Chambers has led his own venture capital firm (backed… Source link

TipRanks The Bottom Is in for These 2 Stocks? Analysts Say ‘Buy’ Today, we’re looking at two small-cap biotech firms whose stocks have struck a rut. Each company has hit a recent clinical setback that sent the share price falling, erasing previous gains and sending it back down to low levels. Setbacks of this sort are not uncommon in the biotech industry, and in fact highlight the risk and speculative nature of the industry. So what should investors do, when a stock collapses? Is this a… Source link

Bloomberg Nobody Wants Pesos: Argentine Currency Meltdown Upends Business (Bloomberg) — Argentina’s battle to control its currency is upending South America’s second-largest economy, wreaking havoc on everything from household finances to the production and sale of common goods.Measures including taxes on greenback purchases and demands that some companies restructure their dollar-denominated debts have misfired, propelling the gap between the official and the black market exchange rates… Source link

The US-based networking technology major Cisco Systems is banking heavily on the fifth generation or 5G networks and said that the company is closely working with Indian telecom carriers such as Reliance Jio and Bharti Airtel to meet their ambitious roadmap. In an interaction with ETTelecom’s Muntazir Abbas, Sanjay Kaul, President, Asia Pacific, and Japan, Service Provider Business at Cisco Systems talks on digital transformation, Atmanirbhar Bharat (self-reliant India), Cisco’s $5 billion… Source link