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Cisco to Cut 5,500 Jobs in Shift From Switches to Software

HIGHLIGHTS Cisco to cut nearly 7 percent of its workforce Shifts focus from its legacy hardware towards higher-margin software Cisco has made 10 acquisitions since Robbins began as CEO Cisco Systems Inc said it would cut nearly 7 percent of its workforce, posting charges of up to $400 million (roughly Rs. 2,672 crores) in its first quarter, as the world’s ... Read More »

M3M Group To Sell Gurgaon Tech SEZ To Tata Realty For Rs 500 Crore: Report

New Delhi: Real estate firm M3M India has entered into an agreement with Tata Realty and Infrastructure to sell its proposed IT special economic zone (SEZ) at Gurgaon for about Rs 500 crore. M3M India’s subsidiary Mikado Realtors Pvt Ltd had received a formal approval from the Commerce Ministry to develop a 25 acre SEZ for electronic hardware and IT/ITeS ... Read More »

facebook Messenger gets 1,500 New Emojis in variety drive

HIGHLIGHTS facebook Messenger now has 1,500 new emojis. several emojis are committed to girls in exclusive roles. The emojis also encompass the option to pick out from five pores and skin tones. fb has launched a ton of new emojis for Messenger. The business enterprise has added as many as 1,500 new emojis that consist of higher illustration of women, ... Read More »

lodge Leela to promote Kerala hotel for Rs 500 crore

updated: Wed, Aug 17 2011. 07 31 PM IST Mumbai: motel Leelaventure said on Wednesday it has signed a % with Travancore establishments toswitch its resort property in Kerala to a unique motive automobile (SPV), which would be overtaken by way of the latter for Rs 500 crore. hotel Leela will preserve to function the resort thru a protracted–time period ... Read More »

Hackers hyperlink Over 2,500 Twitter bills to intercourse websites: Symantec

more than 2,500 Twitter debts were compromised to tweet hyperlinks to person courting and sex web sites, international cyber-safety leader Symantec stated on Tuesday. There had been a number of high-profile money owed caught up within the hacking, including ones belonging to the band Chromeo, a journalist operating for The Telegraph, stand-up comic Azeem Banatwala, Houston Texans wide receiver Cecil ... Read More »