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Cisco beats estimates with 2Q earnings, sales (Update)

(AP) -- Cisco, the world's largest maker of computer networking equipment, on Wednesday said that its net income jumped 44 percent in the latest quarter as it continues to put last year's slump behind it.

Taiwan firm to make computer tablets in Brazil

Taiwan-based manufacturer Foxconn Technology Group plans to make computer tablets in Brazil after the government granted the company tax incentives, officials said.

Cisco's latest results show signs of turnaround

(AP) -- Cisco Systems Inc., the world's largest maker of computer networking gear, is showing signs of pulling a turnaround, exceeding analyst sales expectations for the second quarter in a row.

Cisco CEO's pay fell by third, same as share slump

(AP) -- Cisco Systems Inc. CEO John Chambers saw his pay package fall by nearly a third in the company's fiscal year that ended in July, a period when the company's shares dropped by about the same amount.

Mass. schools team up for supercomputer center

(AP) -- At a gritty industrial site occupied a century ago by a textile mill, five universities are collaborating to install supercomputers that will recreate the start of the universe and perform other research.

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.

Hewlett-Packard overhaul exposes underdog status

(AP) -- Hewlett-Packard, one of the world's largest technology companies, finds itself the underdog as it ditches most of its consumer businesses to become more like the well-oiled, corporate-focused machines of rivals IBM ...

Cisco's 4Q results, outlook top analyst views

(AP) -- Cisco Systems Inc. provided a small measure of comfort to the battered stock market late Wednesday with quarterly results that underscored the technology bellwether's resolve to improve its financial performance.

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