Cisco to cut 1,300 jobs in realignment (Update)

US computer network giant Cisco Systems said Monday it was cutting 1,300 jobs, or two percent of its global workforce, in response to an uncertain economic outlook.

Power-strip lookalike hacks office networks

(Phys.org) -- Pwnie Express, the company specializing in cyber security products, calls its new device “ingenious.” Bloggers hearing about it are paying attention to the fact that it is a power-strip lookalike ...

Amid drought, US opens up land for grazing, haying

The Obama administration opened up protected US land to help farmers and ranchers hit by severe drought Monday, and encouraged crop insurance companies to forgo charging interest for a month.

Moody's downgrades Nokia credit rating, outlook negative

International ratings agency Moody's on Monday downgraded the long-term debt of Nokia by two notches, to "Ba3", cautioning the Finnish mobile phone giant would likely suffer even deeper than expected losses going forward.

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