Cisco Systems, the biggest seller of networking hardware for data centers, on Wednesday reported flat revenue growth of $12.8 billion in the three months ending in April and said that sales would fall in the current quarter due to Covid 19-related lockdowns in China, where its components come from, and its decision to pull out of Russia and Belarus. Following the stunningly bad result, Cisco’s...
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The Briefing Enterprise Amazon
Roe Ruling’s Repercussions for Tech; Zendesk’s Fit of Pique
What a week! Tech business news has been relatively scarce in recent days—but today’s Supreme Court decision overturning Roe v. Wade will have repercussions for all businesses. For the tech industry, which has been spreading outside the San Francisco Bay Area and New York for the past couple of years as remote work has become widely available, the ruling makes operating in states with abortion...
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Zendesk Agrees to $10.2 billion Buyout Months After Rejecting Higher Bid
Meta Plans To Shut Down CrowdTangle Tool
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