It's the discount game, have you been caught up in it and made a huge mistake? So it is Interop time in New York City and I was not planning on attending as I have been busy with customers. But, as it happens, I am in New York this week presenting to customers. So, I was asked to come and have breakfast with a group of CXOs (four CEOs, two CFOs and seven CIOs) from New York, and enjoyed a good conversation with them. One of the topics of discussion: discounts. Cisco CEO John Chambers is selectively hiring on certain projects John Chambers was quoted during the Journal's CEO Council meetng this week: "Selectively, we're hiring on certain projects," said John Chambers, chief executive of networking giant Cisco Systems Inc. While most of the hiring is being done in the company's 30 new business ventures, he said some new jobs still tie into the core routing and switching business. Job creation usually lags capital investments... Cisco increases Tandberg bid Cisco has upped its offer for videoconferencing leader Tandberg to $3.4 billion from $3 billion to appease a skittish bloc of shareholders who felt the inital offer undervalued the company. Cisco has also extended the offer deadline to Dec. 1 from Nov. 18, according to this report form the IDG News Service, and said the new price was its final offer. Cisco shareholders insist on having a say on executive compensation According to a Christian Brothers Investment Services notice, John Chambers has had some good paydays as the CEO of Cisco, averaging $38.78 million per year in pay during the most recent 6 years. Forbes Special Report on CEO Compensation published in May 2007 In a letter addressed to Cisco shareholders regarding Cisco's upcoming annual stockholder's meeting which was held last week: Chambers... Brocade takes aim at Cisco with new Carrier Ethernet line Brocade has launched a line of small form factor Carrier Ethernet routers designed to make Ethernet service delivery at the edge more cost and power efficient. Cisco's TelePresence translation will have to wait Real-time translation of Cisco Systems TelePresence virtual meetings, which a company executive said late last year would arrive in 2009, has proved much more difficult than the company expected. November giveaways Cisco Subnet is giving away free books on VMware vSphere security. Microsoft Subnet is giving away training from New Horizons and free books on Exchange Server 2010. Google Subnet is giving away free books on Android app development. Entry forms can be found on the main contest page. Trivia answers are revealed on each main Subnet page. Network World on Twitter? You bet we are |
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