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Cisco quarterly revenue misses expectations, shares fall

NEW YORK - Network equipment maker Cisco Systems Inc said on its quarterly revenue rose less than expected due to weak demand in emerging markets, the United States and areas such as Southern Europe.

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Juniper appoints Barclays executive Shaygan Kheradpir CEO

- Network gear maker Juniper Networks Inc named Barclays Plc's chief operations and technology officer, Shaygan Kheradpir, as successor to Chief Executive Kevin Johnson.

3:36pm EST

Italy investigates Apple for alleged tax fraud: sources

MILAN - U.S. tech giant Apple is under investigation in Italy for allegedly hiding 1 billion euros ($1.34 billion) from the local tax authority, two judicial sources with direct knowledge of the matter told Reuters.

Media, Italy, iPad 2:35pm EST

Google warns of 'splinter net' fallout from U.S. spying

WASHINGTON - Search giant Google Inc on Wednesday warned that U.S. spying operations risk fracturing the open Internet into a "splinter net" that could hurt American business.

Media 4:59pm EST

Sprint plans to skip upcoming spectrum auction

- Sprint Corp said on Wednesday it would not take part in an upcoming government auction of so-called H-Block airwaves, potentially leaving the field clear for Dish Network Corp to buy the spectrum.

Nokia's networks chief embarks on new expansion drive

HELSINKI - Nokia's telecoms equipment unit, NSN, is focusing on expanding sales after years of concentrating on cost cutting and ditching unprofitable contracts to improve margins, its chief executive said on Wednesday.

Media 10:23am EST

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