Cisco Halt Exposes NYSE Amex Flaw
News Hardware
A five-minute halt in trading on Cisco Systems shares has highlighted a major flaw in the way the New York stock exchange works. According to Bloomberg Businessweek, the company stopped trading for five minutes on Thursday after Amex executed an order for a 100 shares at a price which went against the best price offer.The system glitch caused Cisco shares to instantly increase by 10 per cent, triggering a circuit breaker that had been installed after the market crash on...
Articles related to «Cisco Halt Exposes NYSE Amex Flaw»
Cisco To Rival HP & IBM With Big Iron Virtualised Servers
News Hardware
Network equipment giant Cisco Systems has confirmed that it will be releasing servers as the battle in the network segment switches from one to make tidy profits to one of survival as the recession bites hard. According to the...
HP New Procurve Range Takes On Cisco With The Help of Colubris Networks
News Hardware
HP ProCurve on Monday announced the integration of the entire product range of Colubris Networks, a company acquired by HP recently, into its erstwhile ProCurve networking services, while introducing its new 802.11n wireless...
Cisco buys Jabber - er, why?
News Security
I know the `old guard' of IT are struggling to keep up with the new kids on the block, but Cisco's announcement of its plans to buy Jabber, the multi-system Instant Messaging firm, has me baffled.There's no profit in mainstream...
$76m worth of Fake Ciscos seized
News Hardware
A large network of Chinese counterfeit network hardware manufacturers has been uncovered by Canadian, Chinese and US law enforcers in an operation that led to 400 seizures of fake Cisco network hardware worth more than $76...
Cisco Study on Remote Workers Reveals Need for Greater Diligence Toward Security
News Security
Cisco announced key findings from its annual global study on remote workers' security awareness and online behaviour, indicating how they can inadvertently heighten risks for themselves and the companies they work for. The...
Cisco prepares Social Networking Onslaught
News Hardware
In the past three years, Cisco has acquired Scientific-Atlanta, Kiss Technology and Linksys for more than USD 7.4 bn and is poised to announced a solution for the home market which could seriously undermine Microsoft's and...
The UN, Google and Cisco Unveil Online Resource in the Fight to Decrease Global Poverty
News Hardware
The United Nations, Google and Cisco today unveiled a pioneering online site that tracks progress towards decreasing global poverty by 2015, a global campaign known as the Millennium Development Goals, or MDGs.UN...
Cisco buys WiMax pioneer, Navini, for USD 330m
News Hardware
Network Hardware Manufacturer Cisco Systems has purchased Navini, a provider of "Mobile Wireless Broadband", for USD 330m. The deal provides Cisco with a ready to use range of WiMAX long-range wireless portfolio as well...
Cisco buys Cognio to block wireless interference
News Hardware
Cisco has agreed to purchase privately held Cognio, a firm specialising in wireless spectrum analysis. Cognio's hardware and software help administrators to troubleshoot wireless networks and pinpoint possible sources of...
Cisco's NAC gets hacked
News Security
Scientists in Germany are reported to have developed a utility that allows an unauthorised PC to disguise itself as a legitimate client in a Cisco Network Admission Control (NAC) environment.The result, speakers at the Black Hat...
Apple can use iPhone name after Cisco settlement
News Security
Apple can use the term iPhone to refer to its new music-playing mobile phone. Cisco, which owns trade marks for iPhone, has come to a deal with the computer and iPod maker.Apple co-founder and chief executive Steve Jobs announced...
Video demand helps Cisco profits soar
News Hardware
Demand from cable operators and phone companies upgrading and building new networks to carry video is fuelling growth for Cisco Systems, the world's largest supplier of equipment that shuttles bits around the internet.Read the...
Cisco's iPhone trade mark under threat in US, too
News Security
Cisco may lose the rights to the term iPhone in the US, it has emerged. The news follows last week's revelation by OUT-LAW that the company is in danger of losing the European trade mark.Last week OUT-LAW exposed the legal...
Cisco on brink of losing iPhone name in Europe
News Security
Cisco could be on the brink of losing the rights to the iPhone trade mark in Europe, according to trade mark experts. Apple could end up with European rights to iPhone, in contrast to reports around the world suggesting that...
Cisco scoops up IronPort for $830 million
News Security
I was intrigued to read over the weekend that Cisco has acquired IronPort, the privately-held anti-spam and anti-virus firm, for a cool $830 million.Thar's a lot of bread, but it gives the networking/comms company a strong...

