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Cisco is buying a startup that uses WiFi to gather data from people as they move around malls and airports (CSCO)

June 24, 2018 admin Comments Off on Cisco is buying a startup that uses WiFi to gather data from people as they move around malls and airports (CSCO)

Cisco announced its intent to acquire July Systems, a startup that uses wifi to gather insights about visitor behavior in physical spaces like malls, stadiums and airports. Cisco, which already partnered with July Systems, plans to scale the startup’s technology and apply it to new physical spaces such as hospitals and government buildings. It’s unclear how much Cisco will pay for July Systems. But the Sequoia and Intel Capital-backed start up was last valued at $45 million in a 2012 funding round. …read more […]

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New details emerge on the office affair that led to Intel CEO Brian Krzanich's surprising resignation on Thursday (INTC)

June 23, 2018 admin Comments Off on New details emerge on the office affair that led to Intel CEO Brian Krzanich's surprising resignation on Thursday (INTC)

The office affair which sparked Intel CEO Brian Krzanich’s surprise resignation on Thursday started a decade ago and ended before he became CEO in 2013, The Wall Street Journal reported. Intel CEO Brian Krzanich resigned on Thursday after it was found that he violated a company policy regarding relationships with co-workers. The relationship was with a woman who still works at Intel and started about a decade ago, sources told the Journal. …read more […]

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There's confusion over whether the Trump administration secretly promised Apple that iPhones wouldn't be caught in the cross fire of a trade war with China (AAPL)

June 23, 2018 admin Comments Off on There's confusion over whether the Trump administration secretly promised Apple that iPhones wouldn't be caught in the cross fire of a trade war with China (AAPL)

Apple could be one of the biggest losers in a trade war between the United States and China. The New York Times reported Monday that the Trump administration had told Apple CEO Tim Cook that no tariffs would be placed on iPhones. There are few companies with more to lose than Apple in a trade war between the United States and China. …read more […]

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Former Microsoft CEO Steve Ballmer's has advice for Facebook and Google: Don't make the mistake we did (FB, GOOG, GOOGL, MSFT)

June 23, 2018 admin Comments Off on Former Microsoft CEO Steve Ballmer's has advice for Facebook and Google: Don't make the mistake we did (FB, GOOG, GOOGL, MSFT)

The backlash against Silicon Valley is growing. Steve Ballmer, the former CEO of Microsoft, has some advice for the likes of Facebook and Google: Accept you’ve screwed up, and work with regulators to fix it. As Silicon Valley battles scandals and increasing regulatory scrutiny, Former Microsoft CEO Steve Ballmer has warned Facebook and Google not to make the same mistake Microsoft did. …read more […]