Cisco

Networking company Cisco reported record quarterly results, posting $17.25 billion in revenue and issuing strong guidance that surpassed Wall Street expectations for the year ahead. Despite these positive financial indicators, the stock subsequently sank.

Cisco stock falls due to margin concerns. Analysts suggest that a focus on the artificial-intelligence 'supercycle' could potentially pressure gross margins.

Cisco warned that a high-severity vulnerability impacting ASA Software and FTD Software has been exploited in the wild. The flaw, tracked as CVE-2026-20349, involves insufficient error checking when processing HTTP requests that could allow an unauthenticated, remote attacker to trigger a Remote DoS.

Cisco has issued a warning regarding two high-severity vulnerabilities affecting its Secure Endpoint Connector. These flaws allow threat actors to execute denial-of-service (DoS) attacks by crashing the ClamAV scanning process.

Tech firms are resuming in-person job interviews to prevent AI use in hiring, as AI undermines virtual coding tests. Stanford economics professor Nick Bloom notes candidates can use AI during online interviews, prompting some companies to add in-person rounds. Some employers are integrating AI in interviews but emphasizing hands-on skills validation.

CISA added a zero-day vulnerability in Cisco Secure Firewall Management Center (FMC) Software to its KEV catalog due to active exploitation. The flaw, CVE-2026-20316 (CVSS score: 5.3), allows unauthenticated remote attackers to log in and potentially expose sensitive data.

Five U.S. states explore nuclear waste management initiatives to attract investment and jobs, while consumer confidence declines due to rising gas prices and inflation concerns. Visa cuts 2,600 jobs as AI reshapes its operations, joining other companies restructuring for efficiency.

Founders Ran Ribenzaft and Nitzan Shapira, who sold their previous startup Epsagon to Cisco for $500 million, raised a $34 million seed round for their new AI startup Harmony. Harmony automates workplace tasks like onboarding and password resets using AI integrated into Slack and Microsoft Teams.

Introverts are adapting to return-to-office (RTO) mandates by using strategies like seeking quiet spaces and scheduling meetings to conserve energy. Companies like Cisco and KPMG are redesigning office spaces to accommodate diverse work styles, while employees report challenges with increased social stimulation. Introverts, estimated to make up 40-50% of the workforce, are relearning workplace navigation after pandemic-era remote work.

Cisco has backed Zafran Security, an Israeli cyber startup that develops software to detect and mitigate cyber threats by unifying existing security tools. The startup's efforts come as AI advancements reduce the time defenders have to respond to threats.

Officials from the United States and 12 other countries warn that Russian state-sponsored hackers, including the group FSB Center 16, are exploiting vulnerable network devices to target critical infrastructure. The hackers use default or weak passwords and exploit old Cisco vulnerabilities, prompting advisories to disable features like Cisco Smart Install and strengthen authentication.

Tech companies like Microsoft, Amazon, Meta, Cloudflare, and Cisco are implementing layoffs as part of ongoing 'continuous tuning' strategies amid AI advancements. These cuts, often linked to restructuring and efficiency gains, are becoming a regular feature in the industry, with firms reallocating resources to AI investments and shifting business priorities.

AI is reshaping software engineering job requirements, with companies now prioritizing judgment and AI literacy over traditional coding skills. Employers use platforms like GitHub and X to evaluate candidates and increasingly allow AI tools during interviews. A 2025 report notes 74% of developers struggle to find jobs despite rising hiring rates.

Cisco has confirmed that attackers are exploiting a vulnerability in its Unified Communications Manager (Unified CM) system. The flaw was patched in early June but is now being actively used by attackers.

Donald Trump earned $2.2 billion in his first year as president, surpassing his previous earnings as a CEO. The article details his financial gains through crypto ventures, stock trading, and other assets, as well as controversies including the Qatari-gifted Air Force One and ethical concerns over stock trades timed with policy announcements.

A coalition led by Chainguard, including companies like BNY, Cisco, and Cloudflare, is using AI to identify and patch vulnerabilities in open-source code. The group, Athena, has already processed 20,000 findings and developed 2,000 patches across 500 projects, warning of a 'messy summer' due to the scale of undiscovered flaws.

Cisco, a San Jose-based tech company, will lay off over 400 workers in California. The job cuts will occur in their San Francisco Bay area offices.

CISA has issued an urgent deadline for federal agencies to patch a vulnerability in Cisco Unified Communications Manager Server that is currently being exploited in attacks.

Cisco is laying off nearly 500 workers at its Bay Area offices as part of a realignment to focus on the AI era, according to state filings. The cuts were announced in a memo from CEO Chuck Robbins.

Mark Cuban advised AI companies to spend billions to support towns and cities affected by AI-driven job losses, calling it a 'cost of doing business.' He criticized AI firms for failing to prioritize people and losing public relations battles, urging direct engagement with creatives and workers to address concerns.

Nvidia became the top vendor in data center Ethernet switches in Q1 2026 with $2.1 billion in revenue, driven by its Spectrum-X product integrating AI chips. The market grew 61% year-over-year to $10 billion as cloud companies invest in AI infrastructure.

Threat actors are exploiting a critical security flaw in Cisco Unified Communications Manager and Unified CM SME, tracked as CVE-2026-20230, which allows unauthenticated remote attackers to exploit improper HTTP request input validation. The vulnerability has a CVSS score of 8.6 and enables a path to root file-write capabilities.

A high-severity SSRF vulnerability (CVE-2026-20230) in Cisco Unified Communications Manager Server is currently being exploited in attacks. The flaw allows attackers to manipulate the system through server-side request forgery.

The US Supreme Court limited the scope of foreign human rights claims by refusing to consider a complaint alleging Cisco enabled Chinese surveillance of a banned religious group. The justices declined to address the case, which involved allegations that the tech company facilitated monitoring activities targeting a specific religious organization.

The U.S. Supreme Court dismissed a lawsuit against Cisco, which alleged the company's technology aided China in persecuting Falun Gong members. The ruling rejected claims under the Alien Tort Statute and Torture Victim Protection Act, stating U.S. courts are not the appropriate venue for such suits. Cisco's technology was previously linked to China's surveillance efforts, including the 'Golden Shield' internet censorship program.

The Supreme Court granted Cisco's request to dismiss a lawsuit alleging that the company's technology was used to persecute Falun Gong members in China. The lawsuit claimed Cisco's technology aided in the persecution of the Falun Gong spiritual movement.

The Supreme Court dismissed a lawsuit against Cisco, which alleged its technology enabled China's persecution of Falun Gong members. The court ruled U.S. courts are not the appropriate venue, rejecting claims under the Alien Tort Statute and Torture Victim Protection Act. Cisco's involvement in China's 'Golden Shield' surveillance system and its role in tracking Falun Gong material were central to the case.

The Supreme Court dismissed a lawsuit against Cisco, which alleged its technology aided China's persecution of Falun Gong members. The court ruled U.S. courts are not the appropriate venue, rejecting claims under the Alien Tort Statute and Torture Victim Protection Act. Cisco disputed allegations it tailored technology for China's surveillance efforts targeting Falun Gong.

Consulting firms and their clients are reevaluating AI spending as costs rise, with companies like Amazon, Walmart, Uber, and Cisco expressing concerns over excessive expenses. Firms like KPMG and McKinsey are adopting AI tools but shifting toward strategic use, while Boston Consulting Group projects a significant increase in AI investment by 2026.

Multiple companies, including Snap, Block, Wix, GitLab, and Cisco, have cited AI-related efficiencies as a reason for recent layoffs. Some critics argue this reflects 'AI washing,' while studies show mixed impacts, with some positions being reopened after AI implementation.

Cisco has released security updates to address a medium-severity vulnerability (CVE-2026-20262) in its Catalyst SD-WAN Manager, which is being actively exploited. The flaw allows an authenticated remote attacker to create files via the web UI, with a CVSS score of 6.5.

Cisco issued a fix for a critical vulnerability (CVE-2026-20262) in its Catalyst SD-WAN Manager, which attackers are actively exploiting to gain root privileges. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) added the flaw to its Known Exploited Vulnerabilities catalog and mandated federal agencies to patch within two weeks. The vulnerability arises from improper input validation during file uploads, requiring valid credentials for exploitation.

Ayala Ossowski, a Gen Z grad, wore her American University baseball cap while working at a pizza joint to signal her student status, leading to an internship and eventual job at Cisco. She overcame the 'internship paradox' by using the cap as a conversation starter to pitch her internship search to customers.

Cisco customers are facing another actively exploited zero-day vulnerability (CVE-2026-20245) in its SD-WAN management software, marking the seventh such exploit this year. The flaw allows authenticated attackers to execute commands as root, but Cisco warns no patch or workaround is currently available, and exploitation requires existing credentials or prior vulnerabilities.

The Bay Area tech sector has experienced layoffs from companies like Oracle, Meta, LinkedIn, and Cisco, but experts note the pace is slower than 2022. Despite job cuts, the tech unemployment rate remains low, and laid-off workers often find new roles quickly. Generous severance and a strong stock market provide temporary financial buffers, though challenges in specific tech sectors like AI and data centers may slow job recovery.

Cisco has issued a warning about a high-severity security flaw (CVE-2026-20245) in its Catalyst SD-WAN Manager, which is being actively exploited. The vulnerability, with a CVSS score of 7.8, affects multiple deployment types including On-Prem, Cloud-Pro, Cloud (Cisco Managed), and SD-WAN for Government (FedRAMP). No patch is currently available.

Tech stocks led a market decline as fears of prolonged Federal Reserve rate hikes and concerns about the AI-driven chip boom's sustainability intensified. A strong jobs report and disappointing guidance from chipmaker Broadcom exacerbated the selloff, with the Nasdaq dropping 4% and the S&P 500 falling 2.6%. Analysts noted a stable but non-inflationary labor market, delaying immediate rate hike expectations.

Cisco's SD-WAN management software is under attack due to a high-severity zero-day vulnerability (CVE-2026-20245), which allows authenticated attackers to escalate privileges and execute commands. Cisco has not yet released a patch, and this is the sixth SD-WAN vulnerability exploited since the year began.

Cisco warned of a high-severity unpatched zero-day vulnerability in its Cisco Catalyst SD-WAN Manager (CVE-2026-20245) that is currently being exploited in attacks to enable root privilege escalation.

Cisco has patched a server-side request forgery vulnerability (CVE-2026-20230) in Unified Communications Manager, allowing unauthenticated attackers to write files and escalate to root. Proof-of-concept exploit code is now public, though Cisco's PSIRT reports no observed attacks yet.