Tech barons paint rosy future at Davos despite security fears

Technological advances are to explode 10 times faster than even the Internet boom in the 1990s, top tech tycoons told the global Davos elite Wednesday, but also warned that security threats would be worse this year than ever.

Cisco chief writes to Obama to decry NSA activities

Cisco chief executive John Chambers has complained to US President Barack Obama about the National Security Agency's spying practices, saying they were harming overseas business for US tech firms.

Income inequality is rising, but maybe not as fast as you think

Americans' perceptions of income inequality are largely over-inflated when compared with actual census data, according to new research published in Psychological Science, a journal of the Association for Psychological Science.

Cisco to cut 4,000 jobs (Update)

Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce.

Republicans and democrats less divided than commonly thought

Republicans and Democrats are less divided in their attitudes than popularly believed, according to new research. It is exactly those perceptions of polarization, however, that help drive political engagement, researchers ...

Cisco cutting workforce by nine percent

US networking giant Cisco on Monday said it will eliminate 6,500 jobs, cutting its global workforce by nine percent as part of a move to slash its annual operating costs.

Cisco earnings fall 46 pct but beat expectations

(AP) -- Cisco Systems Inc. said earnings fell 46 percent in its latest quarter, but the profit beat Wall Street expectations, and the company said the quarter may have been the bottom of the recession-related downturn.