Tag: Cisco

Dow Jones Surges 300 Points as Apple iPhone Event Approaches, Cisco Stock Shakes Off Downgrade

A winter wave of COVID-19 may be brewing in the U.S., with many states reporting distinct increases in confirmed cases. More economic stimulus may be necessary if the pandemic worsens from here, but Congress remains deadlocked on the issue. Despite all of this, the stock market was surging on Monday, with the Dow Jones Industrial Average (DJINDICES:^DJI) up 1.05% at 1:05 p.m. EDT.

Tech giant Apple (NASDAQ:AAPL) was the Dow’s top performer on Monday, rallying hard one day before the company is expected to announce iPhones that feature 5G technology. Shares of Cisco Systems (NASDAQ:CSCO) were also higher despite an analyst downgrade.

5G text over earth.

Image source: Getty Images.

Apple surges ahead of iPhone event

If 2020 were a normal year, Apple’s latest iPhones would have likely already launched. But supply chain disruptions due to the COVID-19 pandemic forced Apple to delay the launch by a few weeks. At an event in September,

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Cisco, Arista Cut to Neutral On Concern About Network Demand

Cisco Systems  (CSCO) – Get Report and Arista Networks  (ANET) – Get Report were downgraded by Citigroup analyst Jim Suva, who sees the coronavirus pandemic continuing to blunt corporate demand for networks.

Cisco has networking systems for internet communications and internet technology, and Arista has cloud networking solutions.

Suva cut his share-price targets to $43 from $48 for Cisco and to $230 from $290 for Arista. 

Cisco, San Jose, Calif., recently traded at $40.31, up 1.2%. The stock has slumped 16% year to date. 

Arista recently traded at $226.29, down 0.6%. The stock has gained 11% year to date. The S&P 500 has climbed 10% year to date

“It is clear to us that business and life will not return to the pre covid-19 normal,” Suva wrote in a commentary.

“While we recognize there is likely a permanent shift to a more flexible work environment, we

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Cisco Signs up BT for New Service to Speed up Video Streaming | Technology News

STOCKHOLM (Reuters) – Cisco has signed up Britain’s biggest telecoms group BT as its first customer for a new service to speed up internet video traffic through its networks as the coronavirus crisis pushes up demand for video streaming.

The new service, developed with U.S. cloud platform company Qwilt, helps telecom operators to build their own content delivery infrastructure to increase streaming quality, reduce cost, allow more control over content flows and add a revenue source.

Video streaming companies such as Netflix, Alphabet Inc’s YouTube, Disney+ and Amazon’s Prime video service, account for the majority of the internet’s traffic volume, which got a further boost from the pandemic.

And as 5G networks get deployed more widely, including the expected unveiling of Apple’s 5G iPhones next week, data and video traffic would increase more.

“Streaming video may be the killer app for the internet, but it doesn’t have to kill the

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Internet2, Cisco Team Up To Deliver Advanced Networking Technology in Support of Research and Academic Collaboration

Internet2, Cisco Team Up To Deliver Advanced Networking Technology in Support of Research and Academic Collaboration

PR Newswire

WASHINGTON, Oct. 7, 2020

Cisco’s Internet for the Future routers and software will deliver key services for the Internet2 nationwide research and education network

WASHINGTON, Oct. 7, 2020 /PRNewswire/ — Internet2 today announced a strategic alliance with Cisco to deliver next-generation capabilities and software solutions across the U.S. research and education (R&E) infrastructure that enables scientific collaboration at a global scale. The new agreement between the two organizations focuses on delivering a national R&E network with increased capacity incrementing at 400 gigabits per second, on-demand cloud-connectivity, and a reduced carbon footprint that will remove 6681 metric tons a year of carbon from the environment. The agreement also includes collaborative opportunities for Internet2 and Cisco to support research activities and multi-domain service orchestration with campus and regional partners.

(PRNewsfoto/Internet2)
(PRNewsfoto/Internet2)

Cisco’s selection

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Internet2, Cisco Team Up To Deliver Advanced Networking Technology in Support of Research and Academic Collaboration | News

WASHINGTON, Oct. 7, 2020 /PRNewswire/ — Internet2 today announced a strategic alliance with Cisco to deliver next-generation capabilities and software solutions across the U.S. research and education (R&E) infrastructure that enables scientific collaboration at a global scale. The new agreement between the two organizations focuses on delivering a national R&E network with increased capacity incrementing at 400 gigabits per second, on-demand cloud-connectivity, and a reduced carbon footprint that will remove 6681 metric tons a year of carbon from the environment. The agreement also includes collaborative opportunities for Internet2 and Cisco to support research activities and multi-domain service orchestration with campus and regional partners.

Cisco’s selection was the result of a rigorous proposal process that was reviewed by networking experts from the Internet2 community and organization, and was part of the Internet2 Next Generation Infrastructure (NGI) program, which focuses on supporting the data intensive researcher, enabling campuses to connect

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Cisco Fined Nearly $2 Billion As Trial By Zoom Concludes

A month-long ‘virtual’ trial held without a jury and conducted over Zoom, because of COVID-19 restrictions, has concluded with Cisco being found guilty of infringing a number of cybersecurity patents. The first virtual patent-infringement bench trial was held using Zoom after the judge rejected Cisco’s arguments that it posed a security threat and using Cisco Webex software would be the safer alternative.

The four patents in question are held by a Virginia-based cybersecurity company called Centripetal Networks and concern network protection technology. Technology that, at least as far as the patented parts involved in the case are concerned, was disclosed to Cisco under a non-disclosure agreement. The lawyer representing Centripetal, Paul Andre, told the court how the company had met with Cisco to talk about a partnership in 2016 and that Cisco “kept coming back and asking

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New Cisco Webex Innovations Help Employees Be More Productive from Anywhere and Help Companies Plan for a Safe Return to the Office

SAN JOSE, Calif., Oct. 6, 2020 /PRNewswire/ —

News Summary:

  • New global survey reveals employees fear returning to the office and want better video meetings.
  • A flurry of Webex enhancements improve your experience so you can focus on the work.
  • Cisco also delivers new sensors, devices, and analytics to make the eventual return to office safer.

The pandemic has dramatically changed how we work—and how we feel about going back to our offices. According to a new global survey, 95% of workers are uncomfortable about

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What Oracle, Microsoft, IBM and Cisco pay employees in North Carolina

  • North Carolina is a fast growing technology hub which has attracted some of the industry’s biggest players.
  • Tech giants, including IBM, Oracle and Microsoft, have been hiring employees from overseas for their operations in North Carolina, which is known for a sizable and dynamic talent pool, anchored in the top-tier universities led by Duke University and University of North Carolina Chapel Hill. 
  • For example, Oracle hired a consulting technical director with a salary of $125,000 to $212,000; Microsoft hired a hardware engineer with a salary of $120,000; Cisco hired a technical marketing engineer with a salary of $116,000 to $169,000.
  • Here’s a survey of what IBM, Cisco, Oracle, and Microsoft pay new hires in North Carolina, based on disclosure data for permanent and temporary workers filed with the US Office of Foreign Labor Certification in 2020.
  • Visit Business Insider’s homepage for more stories.

Tech has been a major driver of

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IBM, Oracle, ServiceNow, Amazon and Cisco salaries in Florida

  • Florida, the third most populous US state, is known mainly for its tourism and agriculture industries. But the Sunshine State has also become increasingly attractive to tech companies looking to expand their operations.
  • Tech giants, including IBM, Oracle and ServiceNow, have been hiring employees from overseas for their operations in Florida, where the cost of living is known to be more affordable compared to other major tech hubs in California and New York.
  • For example, Cisco hired a technical solutions architect with a salary of $198,000 to $254,000, while IBM hired a senior application developer with a salary of $79,000 to $120,000.
  • Here’s a survey of what IBM, Cisco, Oracle, IBM and ServiceNow pay new hires in Florida, based on disclosure data for permanent and temporary workers filed with the US Office of Foreign Labor Certification in 2020.
  • Visit Business Insider’s homepage for more stories.

Florida is famous as a

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Digital Signage Technology Market May Set New Growth Story | Cisco, NEC Display Solutions, Panasonic, Samsung Electronics

The MarketWatch News Department was not involved in the creation of this content.

Sep 07, 2020 (Market Insight Reports) —
An extensive elaboration of the COVID-19 Outbreak-Global Digital Signage Technology market strategy of the industry players in the precision of import/export consumption, supply and demand. The study starts with an introduction about the company/manufacturers profiling stating strategic concept behind business using methods to assess and analyze market. It also describes COVID-19 Outbreak- Digital Signage Technology player/manufacturers strategy in the light of Porters, Value Chain & SWOT analysis, and based on that recommendation on players is derived like ADFLOW Networks, E ink Holdings, Cisco, NEC Display Solutions, Panasonic Corporation, Samsung Electronics, Planar Systems, Daktronics, Microsoft Corporation, StrataCache (Scala), Omnivex Corporation, Nanonation, Sony Corporation, BrightSign LLC, Goodview, LG Electronics, AU Optronics & Shenzhen Liantronics.

Avail sample copy: https://www.htfmarketreport.com/sample-report/2809978-covid-19-outbreak-global-digital-signage-technology-industry-market

Important players listed in the study: ADFLOW Networks, E ink Holdings, Cisco, NEC Display

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