Cisco Systems is offering early retirement to U.S. and Canadian employees as a part of its “Refocus process“. The largest computer-networking equipment manufacturer is doing this as a part of its strategy issued by John Chambers, Chief Executive Officer of Cisco. The information was given in an e-mailed statement by the company stating “our ongoing ...

Making another big stride, VMware has acquired Sliderocket, a cloud-based online presentation application that produces slide shows that rivals PowerPoint.  While the terms of the acquisition were not disclosed, this deal is going to be an advantage for both parties. Recently, SlideRocket also raised a funding of $7 million and has over 20,000 customers and ...

Boomi, a recent Dell acquisition made back in November 2010, has rolled out the Spring update for its AtomSphere SaaS integration suite, along with a partner certification program. This will help enterprises leverage the power of cloud computing, and easily adopt cloud and SaaS applications while leveraging existing middleware and on-premise application investments.  Additionally, this ...

The cloud often seems a magical place, full of promise for businesses looking to scale their growth and work on a more efficient level.  The reality is that many businesses struggle with cloud adoption, as a concept as well as its implementation.  A good portion of the innovation we’re seeing in the cloud industry is a result ...

LivingSocial, a daily deal service that’s been booming in popularity lately, has acquired SocialMedia, a social advertising network for $3 million. While the acquisition is not as big in itself, what’s important to note is its domain name. If you remember, SocialMedia was one of the first companies to create a Facebook ad network that ...

After a series of shut downs, Yahoo is sending  “Yahoo Buzz” to eternal slumber, effective on April 21, 2011. Interestingly, Yahoo announced the death of Buzz earlier on April 4, but perhaps no one noticed it. So, it scattered a few press releases on internet, but it seems that people decided to care today. The announcement ...

Giving another blow to mobile security, a recent flaw in Skype for Android has given the advantage to cyber criminals and hackers. The so-called “sloppy-coding” in Skype application for Android devices may let hackers chase private information from smartphones, including the user’s name and email address, contacts and chat logs, which is a really bad ...

Shockingly, in an interview with BBC’s technology correspondent Rory Cellan-Jones, Mike Lazaridis, the co-chief executive of Research In Motion (RIM) put halt on the whole affair. The incident happened when Cellan asked a question about the security issues faced by Blackberry’s problems in India and Middle East countries. Instead of giving answer to the question, ...

Fusion-io, a Salt Lake City-based flash storage vendor, has revealed its plans to hire around 40 to 50 officials at top level, by the end of this year. The company already has some big clients like Facebook and Credit Suisse in its kitty, and is now eyeing on a $150 million initial public offering, while ...

It seems that Research In Motion is not happy the way people are perceiving their brand, and it is quite clear from the excerpts from a rare interview Mike Lazaridis, one of the chief executives of the company. “Why is it that people don’t appreciate our profits? Why is it that people don’t appreciate our ...