Latest Cisco Systems Inc News

FILE - In this Oct. 3, 2018, file photo, the Cisco logo appears on a screen at the Nasdaq MarketSite in New York's Times Square. California regulators have sued Cisco Systems for discriminating against an engineer at the company's headquarters because he is a Dalit Indian. India’s caste system has long placed Dalits at the bottom of a social hierarchy. California's lawsuit says Cisco broke the Civil Rights Act of 1964 and California’s Fair Employment and Housing Act. (AP Photo/Richard Drew, File)

California sues Cisco for bias based on Indian caste system

Jul. 1, 2020 7:05 PM EDT

NEW YORK (AP) — California regulators have sued Cisco Systems, saying an engineer faced discrimination at the company's Silicon Valley headquarters because he is a Dalit Indian. India’s caste system long placed Dalits at the bottom of a social hierarchy, once terming them...

FILE - This April 18, 2019, file photo shows a sign for Zoom Video Communications ahead of the company's Nasdaq IPO in New York.  (AP Photo/Mark Lennihan, File)

Zoom got big fast. Then videobombers made it rework security

Jul. 1, 2020 11:05 AM EDT

SAN RAMON, Calif. (AP) — Back in March as the coronavirus pandemic gathered steam in the U.S., a largely unheralded video-conferencing service suddenly found itself in the spotlight. And just as quickly as Zoom became a household name for connecting work colleagues, church and school groups, friends,...

In this photo released by Xinhua News Agency, workers unload donations from Jack Ma Foundation and Alibaba Foundation at the Blaise Diagne International Airport in Dakar, Senegal, on Saturday, March 28, 2020. As the coronavirus spread, the world’s richest communist dug into his deep pockets. Jack Ma, founder of e-commerce giant Alibaba Group and a member of the ruling Communist Party, helped to pay for 1,000 ventilators delivered to New York in April. Ma's foundation also is giving ventilators, masks and other supplies in Africa, Latin America and Asia.(Eddy Peters/Xinhua via AP)

China's companies emerge as global donors in virus pandemic

Jun. 9, 2020 6:42 AM EDT

BEIJING (AP) — As the coronavirus spread, the world’s richest communist dug into his deep pockets. Jack Ma, founder of e-commerce giant Alibaba Group and a member of the ruling Communist Party, helped to pay for 1,000 ventilators delivered to New York in April. Ma's foundation also is giving...

FILE - In this March 8, 2019, file photo, A logo of Huawei retail shop is seen through a handrail inside a commercial office building in Beijing.  The U.S. government is imposing new restrictions on Chinese tech giant Huawei by limiting its ability to use American technology to build its semiconductors. The Commerce Department said Friday, May 15, 2020 the move aims to cut off Huawei’s undermining of existing U.S. sanctions.  (AP Photo/Andy Wong, File)

US adds new sanction on Chinese tech giant Huawei

May. 16, 2020 2:38 AM EDT

BOSTON (AP) — The U.S. government has imposed new restrictions on Chinese tech giant Huawei's ability to use American technology, stepping up a conflict with Beijing over industry development and security. Commerce Secretary Wilbur Ross said Friday that Washington wants to prevent Huawei from evading...

Virtusa, Penske fall; Cisco Systems, Flowers Foods rise

May. 14, 2020 4:19 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: Cisco Systems Inc., up $1.90 to $43.85. The seller of routers and switches reported surprisingly good fiscal third-quarter results and gave a solid profit forecast. Mastercard Inc., up $8.15 to $277.31. The payment processor...