The “Internet of Things” was a major focus at this year’s Consumer Electronics Show, with virtually every company introducing more connected devices. This is for good reason, as a report from last December said the Internet of Things industry would be worth $309 billion by 2020. That’s just the tip of the iceberg, though, according […]
Cisco Systems Inc Chief Executive John Chambers said on Thursday he is beginning to see the U.S. market recover but cited challenges in emerging market economies such as Russia and Brazil. Chambers said at the companys financial analyst conference in New York that while emerging markets are extremely challenged right now, he expects 6 percent […]
By Sinead Carew NEW YORK (Reuters) – Network equipment maker Cisco Systems Inc warned that its revenue would decline between 8 percent and 10 percent in its second fiscal quarter, sending its shares down almost 10 percent in late trade. Chief Executive John Chambers blamed weak demand in emerging markets such as China, saying companies […]
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