Brian Krzanich said that under his leadership the chipmaker will have an intensified focus on the fast-growing smartphone and tablet market where it lags its rivals.
QuantumWave Daily Briefing (QDB)
The QDB is a daily synopsis of mobile internet news curated by the QuantumWave research team, published weekdays at 7am PST.
Top Stories | 17 May 2013
This acquisition could be just what Mayer has been looking for to turn around Yahoo and recapture the imagination of advertisers, who view Yahoo as big but stale.
Cisco has about $46bn in cash with about 80% stored overseas. If Cisco spends it in the U.S., the company will have to pay 35% in taxes.