Cisco Systems, the largest networking equipment company in the world, will lay off 14,000 of its over 73,000 employees, according to a new report by CRN. The company is expected to announce the news in the coming weeks and has reportedly already starting offering many employees early retirement packages.
Some more heartache from Heartbleed: it affects routers, too. Cisco Systems and Juniper Networks have announced that the security hole that is Heartbleed has been found in their networking equipment.
Tomorrow morning at 8:00 AM PST Cisco Systems will be making an announcement which will "forever change the Internet." This means we've got a nearly all night to speculate, make bets, and daydream of life changing technologies. [ZDNet]
The U.S. Military has spent millions of dollars on counterfeit computer components over the years, according to an FBI report. This not only screws over businesses, but it also makes it easier for cyber-terrorists to hack into our systems by putting trojans and viruses in fake circuitry. An anti-counterfeit initiative…