Chuck Robbins, Cisco CEO & Chairman, at the WEF in Davos, Switzerland on May 25th, 2022. Adam Galica | CNBC Cisco announced plans to cut 5% of its workforce on Wednesday, a decision that will result in the elimination of about 4,250 jobs. Shares were down as much as 9% in extended trading. It’s the latest … Read more
Earlier in the month, Google fixed another zero-day flaw, a heap buffer overflow issue initially tracked as CVE-2023-4863, which it thought impacted only the Chrome browser. But two weeks after fixing the issue, researchers discovered it was worse than they thought, affecting the widely-used libwebp image library for rendering images in the WebP format. Now … Read more
Cisco is acquiring cybersecurity software company Splunk for $157 per share in a cash deal worth about $28 billion, the company said Thursday, in its largest acquisition ever. Splunk shares ended Thursday up 21%, while Cisco shares closed down 4%. Splunk’s technology helps businesses monitor and analyze their data to minimize the risk of hacks … Read more
Welcome to Week in Review (WiR), TechCrunch’s regular newsletter covering the past few days in tech. The TC crew — including this reporter — is coming off the high of Disrupt, which hopefully some of you, dear readers, were able to attend in person. Fret not if you didn’t — there’s always next year, and … Read more
Cisco has a popularity of constructing the corporate via acquisitions, however it tends to avoid the actually enormous ones. That modified this morning when the corporate introduced it was buying Splunk for $28 billion. With Splunk, it will get an observability platform that might match properly into its safety enterprise to assist clients higher perceive … Read more
Final Friday, Could 19, a gaggle of WGA writers have been capable of pull off an unbelievable act of solidarity throughout generations. In entrance of Paramount workplaces, a Star Trek-themed picket convened, unfold by phrase of mouth and using invitation solely channels. Over the course of the four-hour picket block, actors, crewmembers, and naturally, writers, … Read more