Network gear maker Juniper Networks Inc, which is under pressure from investor Elliott Management Corp to slim down, said it plans to reduce its global workforce by 6 percent and focus on its high-growth businesses.
Juniper (Sunnyvale, CA, USA) said most of the cuts would impact middle management positions and that it expected to incur cash charges of about $35 million in the first quarter, related to severance and other expenses.
The company had 9,483 full-time employees as of December 31.
China wants a clear explanation from Washington over a report that the U.S. National Security Agency infiltrated servers at the headquarters of telecoms giant Huawei Technologies Co., a Chinese foreign ministry spokesman said on Monday.
Hong Lei, the spokesman, said China was "extremely concerned" about the spying allegations.
"Recently, the international media has put out a lot of reports about the eavesdropping, surveillance and stealing of secrets by the United States of other countries, including China," he told a regular briefing.
Cisco Systems Inc plans to offer cloud computing services, pledging to spend $1 billion over the next two years to enter a market currently led by the world's biggest online retailer Amazon.com Inc, the Wall Street Journal reported.
Cisco (San Jose, CA, USA) said it will spend the amount to build data centers to help run the new service called Cisco Cloud Services, the Journal reported.
Cisco, which mainly deals in networking hardware, wants to take advantage of companies' desire to rent computing services rather than buying and maintaining their own machines.
Actility and Semtech have teamed up on the launch of a new low-cost and long-range radio solution for M2M applications.
Branded ThingPark Wireless, the service is designed to help original equipment manufacturers and integrators to connect end points to the cloud for smart building, smart factory and smart city deployments.
The technology is based on radio transceivers developed by Semtech (Camarillo, CA, USA) and Actility’s (Lannion, France) wireless M2M gateway and includes and open cloud-based platform for application development.
Telenor Connexion aims to strengthen its M2M offering through a deal with software-defined networking player Asavie Technologies that will allow it to speed up the deployment of M2M services.
With Asavie’s (Dublin, Ireland) M2M Connect technology, Telenor Connexion (Stockholm, Sweden) believes it will be able to activate more complicated M2M deployments in hours – even where bi-directional routing or firewalling are required.
Brazil and the European Union agreed on Monday to lay an undersea communications cable from Lisbon to Fortaleza to reduce Brazil's reliance on the United States after Washington spied on Brasilia.
At a summit in Brussels, Brazilian President Dilma Rousseff said the $185 million cable project was central to "guarantee the neutrality" of the Internet, signaling her desire to shield Brazil's Internet traffic from U.S. surveillance.
Alcatel-Lucent said it would stay out of a brewing price war in the telecom equipment market and set itself apart with better service and new products, including those from a partnership announced on Sunday with Intel Corp.
Chief Executive Michel Combes said Alcatel-Lucent wanted to gain market share but not at any cost, as it entered the second year of a three-year turnaround aimed at restoring regular profits and cutting 1 billion euros of costs.
Last year's revelations over the U.S. tapping of phone and internet data gave telecoms firms pause for thought over whether they should sell their "big data" for gain, but the commercial potential could prove irresistible.
Although figures are scarce, analysts think selling data on mobile users' locations, movements, and web browsing habits may grow into a multi billion-dollar market for the business.
The China Healthcare ICT Conference will be held at 24-25 April in Beijing. This event will gather 200+ senior executives and decision makers from Hospitals/Clinics LHINs, Pubic Health Service, CCACs 39%, Healthcare ODMs 15%, Healthcare software/solution Developer12%, Healthcare Terminal OEMs 14% and so on.
Alcatel-Lucent almost halved its net loss for 2013 as cost-cutting, a tweaked product offering and asset sales under Chief Executive Michel Combes began to take effect.
The telecoms equipment maker, which competes with Sweden's Ericsson (Stockholm), China's Huawei (Beijing) and Nokia's (Helsinki, Finland) NSN unit, said its gross margin was 34 percent and operating profit 307 million euros - both better than expected.