Cisco shares head for best day since 2020 on earnings beat, plans to cut 7% of workforce
Cisco shares jumped on Thursday and were on pace for their best day since March 2020, after the networking company announced layoffs and an earnings beat.
Cisco shares jumped on Thursday and were on pace for their best day since March 2020, after the networking company announced layoffs and an earnings beat.
NBC Sports is banking on the long-term success of Peacock and sports as the linchpin to making its $2.45 billion bid for the NBA profitable.
Trump’s sentencing date was already postponed once, after the Supreme Court ruled that ex-presidents are entitled to “presumptive immunity” for official acts.
Cisco Systems announced plans to lay off about 7% of its global workforce, approximately 6,000 employees, to focus on artificial intelligence and cybersecurity. This follows a 10% decline in quarterly revenue. CEO Chuck Robbins expressed optimism about future demand. The restructuring includes merging networking, security, and collaboration departments and aims to drive efficiency.
Pakistani leg-spinner Abrar Ahmed aims to become Pakistan’s leading spin option in the upcoming two-match Test series against Bangladesh, starting August 21st in Rawalpindi. Despite being selected for the T20 World Cup, Abrar didn’t play any matches. His last international appearance was in July 2023. Abrar sees this series as a crucial opportunity to solidify…
It is learnt that Rishabh Pant wants as much game time as possible after having lost 15 months of cricket following a car accident in December 2022. He was keen on playing a couple of more matches but he had his preparation for the international season chalked out.
Paul Heyman, a key figure in professional wrestling, has accumulated a net worth of $10 million through his roles in WWE and other promotions. Known for his executive prowess and on-screen charisma, Heyman’s legacy includes managing iconic wrestlers and shaping SmackDown’s ‘SmackDown Six’ era. He resides in Scarsdale, New York, with his family.
Indian wrestler Vinesh Phogat’s appeal for an Olympic silver medal, following her disqualification from the women’s 50 kg final in Paris due to a 100-gram weight excess, was dismissed by the Court of Arbitration for Sport (CAS). The Indian Olympic Association (IOA) expressed shock and vowed to explore legal avenues, arguing the current regulations lack…