Health insurer Anthem’s massive database breach, a slew of other high-profile cyberattacks and President Obama’s initiative to increase computer protection, outlined in his State of the Union address last month, have thrust cybersecurity into the spotlight. Obama is scheduled to attend the Cybersecurity Summit at Stanford University on Friday with senior government leaders, private-sector CEOs, technical experts and students. The president has
Cisco Systems is showing signs of resurgence. The No. 1 maker of computer networking gear, which aspires to “become the No. 1 IT company,” late Wednesday reported fiscal Q2 earnings that beat Wall Street estimates, as the company continues to grow in new areas and demand for its core products improves. The 7% year-over-year rise in revenue was its best showing in 11 quarters. And EPS growth of nearly 13% was its most in 10 quarters. Cisco Systems’
Boosted by holiday e-commerce traffic, Akamai Technologies late Tuesday reported Q4 earnings and revenue that topped consensus estimates, but its Q1 sales outlook, which included currency headwinds and a slowdown in its media business, came in below views. Shares of Cambridge, Mass.-based Akamai (AKAM), the No. 1 provider of content delivery network services to media and entertainment companies, were up 4% in after-hours trading after the company