Webwire: Cisco profits on higher sales; MOSAID sues network giants
Cisco beat estimates for its fiscal fourth quarter with a $40 cent (€0.28) per share profit, and a 3.3% increase in sales to $11.2 billion.
Patent licensing company MOSAID has filed a patent suit against Alcatel-Lucent, IBM, Adobe, Juniper, NetApp, Red Hat and VMWare over networking server patents it acquired earlier this year.
Hacker group Anonymous is pledging to take down Facebook due to the social network’s controversial data handling policies.
Amazon has launched Kindle Cloud Reader, a HTML5-based e-reader that will run on Android and iOS devices.
RIM faces threats of retribution by hackers if it passes on details of rioters to UK authorities. The vendor has pledged to assist police in tracking down individuals that used its BlackBerry Messenger service to organize looting and unrest in several major cities.
AT&T will launch at least one LTE smartphone by the year-end, and aims to launch LTE services in 15 markets.
Verizon's CFO believes the US operator's FiOS fiber network will never be as profitable as its old copper network, due to greater competition and high content licensing fees.