Cisco Systems Inc.‘s fiscal second-quarter earnings report today was certainly a mix of good and bad. The networking giant put up a solid quarter, with earnings per share of 87 cents, slightly ahead of its guide, and revenue of $12.8 billion, which was at the high end of its estimate from last quarter.
It’s an understatement to say that artificial intelligence has been on top of every information technology and business leader’s priority list since the release of ChatGPT. The easy-to-use generative AI engine gave everyone a glimpse of what’s possible when it comes to the infusion of AI into our lives, and one of the areas in which it has the most promise is cybersecurity.
Super Bowl LVIII on Sunday, with the Kansas City Chiefs beating the San Francisco 49ers, was a nail-biter. These two teams were the best the NFL had to offer, and they were good for several reasons – good players and sound game plans — but one thing both teams have in common is that they are well-prepared.
Fortinet Inc. this week announced its FortiGate Rugged 70G with 5G Dual Modem, the latest appliance from the company, built on its fifth-generation security processor. The product has been hardened and is specifically designed to meet the demands of industrial environments. It simplifies the complex and costly infrastructure needed for high-performance networking in remote locations, while its rugged design ensures that it can withstand the harshest conditions.
Softbank Group Corp.-backed Cohesity Inc. today boldly announced its intent to acquire the Veritas Technologies LLC‘s data protection business for $3 billion. The purchase will be funded one-third with equity, and the other two-thirds will be debt-financed through Haveli Investments, Premji Invest and Madrona Venture Group.