Cisco Systems was dealt a double whammy in less than an hour yesterday. First, the computer-networking giant announced plans to cut 1,300 jobs, as the European debt crisis and sluggish corporate spending threaten sales. That was at 3:15 p.m. New York...
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Photograph by Paul Sakuma/AP Photo
There was a time when Cisco could consistently be counted on to post double-digit growth. Those days may be over.
Cisco’s Double Whammy: 1,300 Job Cuts and a Disruptive $1.3B Deal
Photograph by David Paul Morris/Bloomberg
Nextdoor co-founder Nirav Tolia said the funding values the company at more than $100 million.
Nextdoor’s $18.6M Funding Values Startup at Over $100M, CEO Says
While Facebook can help people connect to family and friends from around the world, it’s seldom used to connect folks who live on the same street. For a typical user on the social network, neighbors make up just 2 percent...
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