Cisco announced on Wednesday that they wll be planning on laying off up to 5,500 employees that pertain to their network and router hardware. Previous to the announcement, Cisco was rumored to layoff 9,000 to 14,000 employees globally, who were being offered early retirement packages.
Last week on April 7th the web was rocked by a security bug called Heartbleed. It’s a flaw in a commonly used security system, OpenSSL, which nearly two-thirds of all websites globally out there use to keep information secure. The media has had a field day with this news and unless you live under a rock you’ve probably already heard about the Heartbleed Bug or seen its logo. The flaw in the system lets attackers eavesdrop on Web, e-mail, and some VPN communications. Not only are servers using OpenSSL affected by this vulnerability, network gear from Cisco and Juniper Networks using OpenSSL are affected as well.
Legal savant and comedian Stephen Colbert on 11.26.12 did a segment on a literal “Text Book Case” argued in October in front of the Supreme Court pitting textbook manufacturer Wiley & Sons against an entrepreneurial foreign student Kirtsaeng. Colbert uses his genius to deftly explain the issues and consequences of how a ruling in favor of Wiley would make many used transactions, including garage sales, illegal. Take 5 minutes to watch the segment.
Recently Alcatel introduced a new line of routers that threatens to give Cisco and Juniper a run for their money. On May 22, 2012 Alcatel unveiled a new family of Internet core routers that they have been diligently working on for the past three years. This revolutionary technology promises to be the most innovative and powerful product currently in the industry. The new 7950 line will enhance network operations and prepare their core networks to embrace the rapid expansion of smartphone and tablets, the conversion to cloud applications, and the fast growing video market.
If you haven’t heard of it yet and you’re in computer networking, it’s likely that you will soon. Software-defined networking (SDN) is taking the industry by storm and promising to change the way computer networks are managed in the future. It’s refashioning the data center and creating an onset of start-ups that are forcing old-guard vendors like Cisco and Juniper to scurry to keep up.
Thanks to Cisco, you may now be able to watch your favorite YouTube or Netflix movie without the annoying “buffering” delays. On Tuesday, June 5th, Cisco announced a new tool, the ASR 5500, which will let carriers sift through and prioritize the traffic flooding their networks.
Many couldn't help but chuckle when venture backed, two-year-old startup SalesCruch recently offered Cisco $1 - yes, you read that correctly, that's one dollar - plus 15 percent in the online meeting platform to take WebEx off its hands. SalesCrunch officials submitted this unsolicited bid on March 13th in an effort to "help" the networking giant further focus on its core business and stated that Cisco and WebEx's more than 5 million users will all benefit. Cisco didn't take the offer very seriously, however, releasing a brief statement in response that said, "This is a cute publicity stunt from SalesCrunch, and we appreciate that they like our technology, but we have no intention of selling WebEx."