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Cisco Plans to Eliminate 1300 Jobs in Drive to Cut Costs
Cisco Systems Inc., the biggest maker of computer-networking equipment, plans to eliminate about 1,300 jobs, or 2 percent of the workforce, as Europe's debt crisis and sluggish corporate spending threaten sales.
Cisco's Problem  Forbes
Why Cisco passed, and Palo Alto Networks prospered
When Cisco Systems Inc decided years ago to drop a network-security project known internally as “Apollo,” little did it know it had paved the way for a startup to blossom into a formidable competitor.
Alcatel-Lucent to chop 5000 jobs
The fate of staff at Alcatel-Lucent Canada is unknown after the French company announced Thursday it will lay off 5,000 of its 76,000 employees around the world after reporting a US$308 million second quarter loss.
More Rogers contract technicians could join those already on strike
About 220 workers responsible for the installation and or repair of residential cable, Internet and phone services for Rogers have made a collective bargaining agreement offer to Wirecomm Systems Inc., one of a handful of local contract companies to ...
Samsung faces Chinese challenger Huawei with cheaper smartphones
Huawei Technologies Co., a Chinese company with little name recognition in the U.S., is poised to challenge Samsung Electronics Co. and eventually even Apple Inc. in the US$219.1-billion market for smartphones. Its strategy: inexpensive handsets ...
Cisco Acquires Virtuata, Cloud Security Startup
Danzig, a visiting lecturer at Stanford University, co-founded Wirama, which specialized in radiofrequency identification technology systems before its acquisition by Checkpoint Systems (NYSE: CKP). Then he worked for security specialist Ironport ...
RIM's loss is Waterloo tech sector talent pool's gain
Research In Motion Ltd.'s campaign to convince investors and consumers that a turnaround at the struggling BlackBerry maker is still possible will no doubt continue at its annual shareholder meeting in hometown Waterloo, Ont.
Augmented reality apps turn smartphones into digital tour guides
Handout/Royal Ontario MuseumThe Royal Ontario Museum in Toronto launched its first AR experience as part of its “Ultimate Dinosaurs: Giants from Gondwana” exhibition.
Foxconn International taps company veteran Chih as CEO
Chih founded Chi Mei Communication Systems Inc. in 2001 and headed the team that designed FIH's first handsets for Motorola.
CRTC sides with Bell, Telus proposals to allow television cable subscribers to ...
Bell Media, the country's largest channel owner, said it will allow television distributors like Cogeco Cable Inc. and Telus Corp.