Cisco extends recovery, net income up 63 pct in 3Q

(AP) -- Cisco said Wednesday that its net income for the latest quarter rose 63 percent from last year, as the economic recovery gave customers the confidence to spend on big-ticket networking gear.

Cisco challenges Microsoft takeover of Skype in EU

Networking company Cisco said Wednesday that it is challenging Microsoft's $8.5 billion takeover of Skype at the European Union's top court to ensure Microsoft won't block other video conferencing services.

Ericsson reports profit leap, shares slump

Swedish telecom equipment maker Ericsson reported Thursday a 65 percent jump in second quarter net profit on strong sales but this still fell short of expectations and its shares slumped.

Cisco cuts long-term sales growth forecast

(AP) -- Cisco Systems Inc. lowered its long-term sales forecast on Tuesday, acknowledging that its days of heady growth won't return in the foreseeable future.

Canada won't review $4.5B sale of Nortel patents

(AP) -- The $4.5 billion sale of Nortel's patent portfolio to a consortium including Research In Motion Ltd. cleared another hurdle Tuesday as the Canadian government said the deal does not need to be reviewed under the ...

HP, Microsoft team up on $250 million cloud computing project

Hewlett-Packard and Microsoft said Wednesday they will jointly spend $250 million to develop hardware and software products that are designed to work together smoothly in their customers' data centers and in cloud computing ...

Testbeds to breed next-generation systems

(PhysOrg.com) -- The systems that let you zap a photo to a friend, or an astronomer to control a telescope continents away, require intensive simulation and testing. Research has now made those key steps far easier.

China Mobile seeks Taiwan handset makers' support

China Mobile is seeking support from Taiwanese chip and handset makers to back the fourth generation high-speed mobile network co-developed by the state-owned Chinese telecom operator.

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