In the decade since the tech-heavy Nasdaq reached its all-time high during the Internet bubble, the index has recouped just half of its losses. Even so, the tech sector is booming once again, and it’s a good time to ask: where is tech headed in the next ten years? Continue reading Ten Years After the Dot Com Bust, Tech Is Booming Again Ten Years After the Dot Com Bust, Tech Is Booming Again originally appeared on DailyFinance on Wed, 10 Mar 2010 17:00:00. Filed Under: Technology , Hewlett-Packard , Intel , Apple , Amazon.com Inc. , Facebook , Cisco Systems Inc. , eBay , Twitter Permalink | Tweet this! | Comments

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Ten Years After the Dot Com Bust, Tech Is Booming Again

As part of its drive to shed non-core properties, Yahoo ( YHOO ) has been looking to sell its small business unit since last summer. But after finding a shortage of interest, the Sunnyvale, Calif.-based Internet firm has put the sale on hold, according to a source close to the situation. Continue reading Yahoo Calls Off Sale of Small-Business Unit Yahoo Calls Off Sale of Small-Business Unit originally appeared on DailyFinance on Tue, 02 Feb 2010 19:00:00. Filed Under: Technology , Media , Yahoo Permalink | Tweet this! | Comments

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Yahoo Calls Off Sale of Small-Business Unit

Cisco Systems ( CSCO ) touted its first-ever Internet router in space in January after testing one on an orbiting commercial satellite. But back on earth, investors are getting ready to focus on the networking-gear maker’s second-quarter earnings. That report, due Wednesday at 1:30 p.m. pacific time, is expected to feature news of its first sales growth in a year and to attest to new confidence among Cisco’s biggest customers in business and government. Continue reading Cisco Expected to Report Improved Sales Cisco Expected to Report Improved Sales originally appeared on DailyFinance on Tue, 02 Feb 2010 19:45:00. Filed Under: Technology , Earnings , Cisco Systems Inc. Permalink | Tweet this! | Comments

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Cisco Expected to Report Improved Sales

Filed under: Company News , Technology , Hewlett-Packard , Cisco Systems Inc. Hewlett-Packard ( HPQ ) CEO Mark Hurd has won Wall Street accolades for turning around the once-moribund company in just a few short years. Hurd expertly cut back in slow-growing units while priming faster-growing businesses for higher performance. He pulled off a string of acquisitions aimed at broadening HP’s ability to deliver consulting services, and he plugged holes in its product lineup. Hurd also took HP’s sprawling bureaucracy and turned it into a transparent cash machine with a cutting-edge infrastructure that let him see day-to-day sales trends for every unit. In other words, Hurd made HP function a lot more like Cisco Systems ( CSCO ), the giant network equipment maker that has been a crucial HP partner for over a decade. Continue reading HP’s 3Com deal could prove to be CEO Mark Hurd’s ultimate test HP’s 3Com deal could prove to be CEO Mark Hurd’s ultimate test originally appeared on DailyFinance on Thu, 12 Nov 2009 11:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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HP’s 3Com deal could prove to be CEO Mark Hurd’s ultimate test

Filed under: Company News , Technology , Investing , Hewlett-Packard , IBM , Cisco Systems Inc. Computer giant Hewlett-Packard ( HPQ ) announced a $2.7 billion deal to buy 3Com ( COMS ), the huge networking company, late Wednesday. It’s HP’s fourth-largest acquisition ever and instantly makes the Silicon Valley pioneer the second-largest networking company in the world after Cisco Systems ( CSCO ). The deal, which represents a 44% premium on 3Com stock, sent 3Com shares soaring some 35% to $7.65, 25 cents short of HP’s offer, in after-hours trading. HP’s move is a bold attack on Cisco, the networking Goliath. “Companies are looking for ways to break free from the business limitations imposed by a networking paradigm that has been dominated by a single vendor,” Dave Donatelli, HP’s executive vice president and general manager for enterprise servers and networking, said in a statement. Continue reading Hewlett-Packard buys 3Com for $2.7 billion in a major challenge to Cisco Hewlett-Packard buys 3Com for $2.7 billion in a major challenge to Cisco originally appeared on DailyFinance on Wed, 11 Nov 2009 17:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Hewlett-Packard buys 3Com for $2.7 billion in a major challenge to Cisco