Cisco Systems is making the software operating systems for its networking routers and switches available as standalone, subscription-based products, letting them run on non-Cisco hardware for the first time. This is a major strategy change for Cisco, which previously only sold its networking routers and switches bundled with its own hardware. It portends a potentially significant shift in Cisco’s...
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Clubhouse Gets Investment Interest at $1 Billion Valuation
The race to invest in social audio app Clubhouse is on again. Venture capital firms have approached the startup’s founders in recent weeks about leading its potential next round of funding at a roughly $1 billion valuation, according to four people with knowledge of the discussions. Investors also have tried to buy Clubhouse shares from existing shareholders at an implied valuation of $1...
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