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Cisco Systems Inc

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  • FRANKFURT, June 25- The top executives of many a corporate giant must feel like the fictional character Gulliver, waking up to find themselves under attack from modern-day Lilliputians, small start-up companies which overwhelm their established rivals with new technologies. "Not just lone companies, but entire industries are being side-swiped by these...

  • WASHINGTON, June 24- General Motors Co plans to begin testing new Cisco Systems Inc technology that could allow "talking" cars to share radio communication bands with roadside Wi-Fi devices, a GM executive told U.S. lawmakers. "We are very optimistic about a sharing proposal from Cisco that would operate on a' listen, detect and vacate' basis," said Harry Lightsey,...

  • They had risen 8 percent before the market opened after BlackBerry reported first-quarter results that showed a more than 150 percent rise in software and licensing revenues to $137 million. "When the headline hits, you say' wow they really blew out that software number, good for them, they're starting to get some traction'," said BGC Partners analyst Colin Gillis.

  • WATERLOO, Ontario, June 23- BlackBerry Ltd shares fell on Tuesday on uncertainty about what drove growth in the company's crucial software segment in the first quarter. BlackBerry said two licensing deals, with Cisco Systems Inc and a second, unnamed company, made "significant contributions," but did not disclose the terms. "When the headline hits, you say' wow they...

  • WATERLOO, Ontario, June 23- BlackBerry Ltd said on Tuesday its turnaround gained traction as sales at its crucial software segment rose in the first quarter and its broader revenue slide began to ease, sending its shares up 4.3 percent. Separately, BlackBerry announced a long-term patent cross-licensing agreement with Cisco Systems Inc that covers their...

  • BlackBerry misses Street 1Q Street forecasts Tuesday, 23 Jun 2015 | 7:12 AM ET

    NEW YORK— BlackBerry Ltd. reported worse-than-expected first-quarter financial results as phone sales continued their long slide, but software revenue increased as the company turns its focus away from hardware. The results fell short of Wall Street expectations, with the average estimate of 15 analysts surveyed by Zacks Investment Research expecting a...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed higher, following a global rally in equities, as investors cheered signs of progress in the Greece debt negotiations.

  • *Senate vote likely next week, Export-Import Bank looms. WASHINGTON, June 18- The U.S. House of Representatives on Thursday reversed course, approving "fast-track" legislation central to President Barack Obama's trade deal with Pacific Rim nations and sending it back to the Senate. Senate aides said support among Democrats hinged on another trade issue, the...

  • *Legislation must return to Senate. The House of Representatives voted 218 to 208 to give the White House authority to close trade deals such as the 12- nation Trans-Pacific Partnership, which encompasses 40 percent of the global economy and is close to completion. But the bill, a stripped-down version of legislation which failed at a vote last week, must now go...

  • Stocks close mildly higher as Street digests Fed Wednesday, 17 Jun 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed modestly higher as investors sought insight on the timing of a rate hike from the Federal Reserve statement and Yellen's remarks.

  • BEIJING, June 17- Cisco plans to invest more than $10 billion in China along with local business partners over the next several years, the U.S. network equipment maker said on Wednesday, as it seeks to shore up its position against strong domestic rivals. Cisco, the world's biggest maker of switching equipment and routers that run the Internet, announced the...

  • Tech investor up 30% in 2015 dumps Netflix Wednesday, 17 Jun 2015 | 7:23 AM ET

    Kevin Landis' "Squawk Box" Platinum Portfolio is already up 34 percent this year. Here's his next move.

  • BRUSSELS, June 15- New European Union data protection rules expected to be agreed on Monday will allow citizens to sue companies that own data as well as those that process it on their behalf, for example cloud computing providers. The new system is opposed by companies such as Germany's SAP SE, International Business Machines Corp, Cisco Systems Inc and...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks traded lower as uncertainty over Greece weighed on sentiment and investors kept an eye on bond yields ahead of next week's FOMC meeting.

  • Bill aimed at 'patent trolls' advances in U.S. House Thursday, 11 Jun 2015 | 6:22 PM ET

    NEW YORK, June 11- A U.S. congressional panel on Thursday approved a bill aimed at deterring frivolous patent lawsuits, but which some critics say undermines the ability to protect new innovations. The U.S. House of Representatives Judiciary Committee, in a 24-8 bipartisan vote, sent the measure to the full House, a move reflecting lawmakers' desire to neutralize...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed slightly higher, extending the prior day's rebound, as negative news out of Greece counterbalanced a good retail sales report.

  • How Google's start-up wants to improve city life Thursday, 11 Jun 2015 | 11:41 AM ET
    Google co-founder and CEO Larry Page speaks at Google I/O in San Francisco.

    Google is starting and funding an independent company dedicated to coming up with new technologies to improve urban life. NYT reports.

  • MUMBAI, June 11- Foxconn Technology is in talks to manufacture Apple's iPhone in India, government officials said, in a move that could lower prices in the world's No.3 smartphone market where the U.S. firm trails Samsung Electronics and local players. India could help Foxconn mitigate accelerating wage inflation in China, where it makes the majority of iPhones,...

  • Microsoft's giant tablet costs $20,000 Thursday, 11 Jun 2015 | 6:47 AM ET

    Microsoft will sell a bigger version of its new, wall-mounted video-conferencing and digital whiteboard device for $20,000.

  • SEATTLE, June 10- Revealing its price tag for the first time, Microsoft Corp will sell a bigger version of its new, wall-mounted video-conferencing and digital whiteboard device for $20,000, making it the most expensive product in its hardware line-up, the software company said on Wednesday. Orders start July 1 for the Surface Hub, which Microsoft hopes will...