SAN FRANCISCO, 4:59 AM, SUN JUL 6 | 1 POSTS IN THE LAST 24 HOURS | tips@valleywag.com | RSS
Posts Tagged “

Cisco

Charles Giancarlo

One-time heir apparent to Cisco CEO Chambers takes over Avaya

As current Avaya CEO Lou D'Ambrosio steps down due to health related reasons, Charles Giancarlo will move from his role at Avaya's owner, private equity firm Silver Lake, to interim CEO. Industry watchers long expected Giancarlo to take the CEO's office — just not at Avaya. Word has it Cisco's John Chambers wanted Giancarlo to be his successor. When Giancarlo left Cisco in December 2007, Chambers told reporters: “Charlie’s been one of the very few leaders that I’ve lost out of Cisco when it wasn’t the right time to lose him."

rickroll

Cisco never going to give you up, never going to let you down

I've always suspected vast swaths of Cisco, the boringly profitable networking giant, were stuck in the '90s. An exchange forwarded from an internal mailing list confirms it. First of all: forwarded from an internal mailing list. Haven't these people heard of wikis? Second of all: They're complaining about files being deleted from an internal FTP server. Hello, isn't storage supposed to be in the cloud? The email chain ends with equally dated complaints about misuse of the "reply all" button. More »

green with envy

Microsoft kicks Amazon.com's spandex-clad butt in bicycling to work

Microsoft employees have logged 2,605 days of riding their bikes to work, with an average commute of 19 miles in a day, since the start of the year in a contest sponsored by the Cascade Bicycle Education Foundation for organizations in the greater Seattle area. That's more than twice as many days and three times as many miles as Amazon.com employees, ranked eleventh behind even the lazy slackers who work in Seattle's municipal government and the academic wankers at the state university. How are Valley companies doing? More »

Yahoo board member Ed Kozel quits Yahoo director Ed Kozel is leaving the besieged company's board to focus on relocating his family to Europe. (Yes, the statement says he's "spending more time with his family.") Kozel, a former CTO of Cisco, was thought to be a proponent of keeping Yahoo independent. Yahoo is not replacing him. [PaidContent]

exits

Cisco's Jayshree Ullal, head of $8 billion business, leaving today

Jayshree Ullal, a 14-year veteran of the networking giant, is leaving the company, we hear. "Going-away party today at 3:30, Cisco Campus, Building 3," our tipster tells us. Ullal, one of a few female top executives at the company, ran the company's $10 billion datacenter, switching, and security group. Unlike most Cisco executives, she seems to have a sense of humor. Her recent keynote at the Interop conference was plagued by audio problems. "Is it my hair?" she joked at the time. Anyone know where she's headed next? Let us know.

labor

Janitors picket Cisco in hopes of raises and healthcare

SEIU Local 1877, which represents area janitors, was out in force at Cisco today. The union's contract expired at the end of April, and it looks like the threatened strike has materialized here, as well as in Los Angeles. While the perception is that even service employees can become millionaires in the Valley, that's only if you get equity and happen to work for a company that succeeds. The reality? More »

Cisco earnings up, net income down reports CEO John Chambers Network equipment manufacturer Cisco reported a 10 percent increase in revenue to $9.8 billion, but a 5.4 percent drop in net income due to operating and acquisition costs. Trading volume spiked just before the closing bell, but the stock gained only a tenth of a point over yesterday's close. [WSJ] (Photo by AP/Michel Euler)

online advertising

Lessons from Ad:tech: Facebook needs to pack the crack pipe for Madison Avenue

What can Facebook, MySpace, Google and the rest do better to sell advertising to big buyers like Target, Coca-Cola and Cisco? Cisco's Web marketing director Michele Gibson told an Ad:tech crowd yesterday that Web publishers could make it simpler to purchase large lumps of targeted inventory in one go. With TV, she said, "you can get a million dollars worth of advertising in one phone call. With targeted ads, it's too complicated." More »

cutbacks

Cisco preparing for downturn?

Cisco has told some managers to limit expenses and use up accumulated vacation days. In February, Cisco cut growth targets to 10 percent from 15. CEO John Chambers also warned that the current slowdown in growth could last from two to five quarters. Why not just offer buyouts to employees who are unhappy with the company? That seems easier.

blogging for dollars

And now, how not to blog on the job

Cisco intellectual property lawyer Rick Frenkel is a case study in how not to mix your personal blog with your day job. Frenkel wrote the anonymous Patent Troll Tracker blog about "those thought to opportunistically act against alleged patent infringements," reports Forbes. Eventually, Frenkel blogged about a case in which Cisco was the defendant. Guess what happened? More »

surveys

Cisco employees: are you happy?

A tipster sent us this year's Cisco employee survey. It's 55 questions of "strongly disagree / disagree / neither agree nor disagree / agree / strongly agree / don't know" goodness. Strictly speaking, employees aren't "required" to fill out the survey, but they are strongly encouraged to do so. Welcome to the Fortune 500. If my boss sent me this nonsense, I'd circle "don't know" for every question. More »

the chart

Can we get a do-over?

2008 has not been kind to tech stocks, especially the Valley's leading lights.

great moments in hr

Cisco cuts mid-year bonuses

Shareholders have already figured out Cisco's not meeting expectations. Now employees are feeling it, too. In good times, Cisco employees get a mid-year advance on their annual bonus, paid in March. But managers have just informed their charges that they're getting half the usual amount. Cisco bonuses start off ranging from 4 percent to 60 percent of one's annual salary, depending on pay grade, and are determined by a maddeningly abstruse formula: More »

cisco

Cisco CEO John Chambers warns of slowing tech spending

Spending on hardware and software is slowing, Cisco CEO John Chambers said yesterday. Faced with big-picture uncertainty, U.S. and European customers are becoming "increasingly cautious" Chambers told analysts during yesterday's earnings call. He said Cisco sales slowed in January after a solid December. One analyst said the warnings were "more harsh than I expected." (Photo by World Economic Forum)

Cisco's second-quarter revenues grew 17 percent to $9.8 billion, surpassing the consensus forecast of $9.8 billion from Thomson Financial. Cisco reported net income of $2.1 billion or 33 cents a share. In the same quarter last year, Cisco reported a net profit of $1.9 billion, or 31 cents per share. [Marketwatch]

politics

9,388 in Santa Clara disappointed to learn Edwards no longer running


The top ten employers in California congressional District 15 include Cisco, Stanford, HP, Lockheed Martin, IBM, Intel and Google. Here's a hearty congratulations to the 9,388 of you voted for John Edwards. Good job. Too bad he isn't running for president anymore. Absentee voting by mail, a popular option in California, likely explains their votes. Another 8,104 of you voted for a guy — Mike Huckabee — who thinks Noah coaxed a T-Rex on board the Ark. Next time, if you want to participate in civic affairs, why not spend the afternoon editing Wikipedia? Here's how the rest of Santa Clara County voted, according to the Mercury News. More »

broadband

New Cisco switch to make you feel less guilty about destroying the planet

Cisco is introducing a new $75,000 piece of networking equipment, the Nexus 7000. It will, in theory, consume less power while shuttling YouTube clips and videogame downloads to your PC. Great, one more thing to feel guilty about: How your bandwidth consumption contributes to global warming. Before we know it, every Prius owner in Berkeley is going to be buying one of these things for their home datacenters.

acquisitions

The three moneybags to pitch at Demo

Another Demo is coming up this January 28-30. Smart startup founders will save their best pitches not for the bored audience — trust us, they'll all be ignoring you and sending BlackBerry emails. Instead, buttonhole the guys with money to spend, starting with reps from Google, Microsoft and Cisco. Here's who they're sending. More »