Looks like there may be a bit of truth to reports that Cisco would rather bail on its proposed acquisition of Tandberg than raise its bid for the videoconferencing equipment manufacturer. Remarking today on speculation that Cisco would do just that, Ned Hooper, the company’s chief strategy officer, stressed that Cisco “will always act with fiscal prudence” as it pursues Tandberg.
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The debut of IBM’s Open Cloud Manifesto has proven more pratfall than grand entrance. When the controversial “standards” document–which calls for the cloud, like the Internet itself, to be open–finally went live this morning, it did so without a number of important signatories. Among them, the Cloud Computing Interoperability Forum–a group that helped draft the document.
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The Ghost of Christmas Yet to Come just paid Circuit City an early visit, pointing a single bony finger toward a future of insolvency.
A week after announcing the closure of a fifth of its stores in the U.S., the struggling retailer succumbed to the inevitable and filed for bankruptcy protection.
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