Cisco, the networking equipment vendor, has announced that it is to lay-off 6,500 workers worldwide, in a bid to revive its fortunes. In a filing with the US Securities and Exchange Commission, the company said that the move would reduce its regular full-time staff by nine per cent and that approximately 2,100 of the employees would be leaving through a voluntary early retirement program. The remaining job losses will be announced in the first week of August.
HP is set to launch an app store for software defined networking (SDN) and virtual networking applications which the company said will improve access to virtualised networking tools and help speed up their deployment in enterprises.
Microsoft has attempted to get into the social networking space by launching its own social network So.cl, which is specifically targeted at students.
Mobile Communications international August 2010
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