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Cisco slightly beats Q3 expectations

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Cisco: DNS attacks will undermine trust in the internet
Sophisticated hacking group taps wide set of vulnerabilities as part of their global hacking spree.

Cisco published its third quarter financial report on Wednesday, slightly beatig market expectations.

The company posted a non-GAAP earnings of 78 cents per share on revenue of $13 billion, a 6 percent year-over-year increase.

Analysts were expecting earnings of 77 cents per share on revenue of $12.89 billion.

Product revenue was up 7 percent to $9.72 billion, and service revenue was up 3 percent to $3.24 billion. Product revenue includes sales from infrastructure platforms, which grew 5 percent to $7.55 billion for the quarter. Sales of security products grew 21 percent to $707 million, and sales of applications grew 9 percent to $1.43 billion.

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By geographic segments, revenue in the Americas grew by 9 percent, in EMEA by 5 percent, and in APJC revenue was down 4 percent.

“Our strong performance in the quarter was across the business, reflecting our customers’ confidence in our strategy, business model and market-leading portfolio,” CEO Chuck Robbins said in a statement. “Technology is at the heart of our customers’ strategies and we are building the technology to help them achieve their business objectives.”

In Q3, Cisco closed the acquisitions of Luxtera, a privately held semiconductor company, and Singularity Networks, a privately held network infrastructure analytics company.

For the fourth quarter, the company is predicting non-GAAP earnings between 80 cents and 82 cents with year-over-year revenue growth between 4.5 percent and 6.5 percent. 

Within Infrastructure platforms, Robbins noted on a Wednesday conference call that Cisco has been integrating intent-based networking across its enterprise access portfolio “to help our customers manage more users, devices and things connecting to their networks.”

The company recently announced several new platforms expanding its Enterprise Networking portfolio with the launch of our subscription-based WiFi 6 access points and Catalyst 9600 Campus core switches, purpose-built for cloud scale networking.

“By combining our automation and analytics software with our broad portfolio of switches, access points and controllers, we are creating a seamless, end-to-end, wireless-first architecture for our customers,” Robbins said.

In an email to ZDNet, analyst Patrick Moorhead noted that Cisco doesn’t break out its 9K switch sales. However, he said, “I believe the company is seeing success here.” Cisco’s strong quarter and solid outlook is “a testament to the company’s refocus on security, software while at the same time succeeding with its core switching business,” Moorhead said. 

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The 12 Cheapest Productions Cars Ever Made

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Nobody said that a cheap car must be a terrible one, and the Volkswagen Type 1 Beetle is proof. Created before WWII and put into production under British management after the war, the VW Beetle went on to be one of the best-selling cars of all time, according to Autoweek. They are basic, small, and austere, but dependable, capable, and enjoyable cars to many.

The genesis of the car was in the idea of producing a “people’s car” for the German public, something the average German could afford to buy and use on the newly laid Autobahn highways. With plans interrupted by the war, German industry had been decimated and also needed economic activity to rebuild. Volkswagen commenced production to get its people behind the wheel, but also exported the cars to increase much-needed trade, and it became a success (via Hemmings).

In developed markets where the VW sold, it was often the cheapest car available. Thanks to its simple design and robust engine, people took millions of them home, even creating subcultures of fanatical drivers, and it continued to be made in 2003 in Mexico.

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Elon Musk Made This Video Game When He Was 12 Years Old. Here’s How You Can Play It

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In 1995, Musk was on his second day at Stanford University when he and his brother abruptly dropped out, dove into Silicon Valley’s emerging Internet boom, and started Zip2. This company provided city travel guide information to prominent online newspapers. Four years later, Compaq Computer Corporation bought that company for $307 million in cold hard cash and another $34 million worth of stock options (via Biography).

He immediately took that money and co-founded the online bank X.com, which later consolidated with Confinity to become PayPal (via Business Insider). In 2002, eBay bought PayPal for $1.5 billion. Musk pocketed around $175 million from that venture, turned around, and created SpaceX. See the pattern?

Musk was born in Pretoria, South Africa, in 1971. When he was young, his parents feared that he had a hearing problem (via Biography), but it wasn’t that he was intentionally ignoring them. Instead, he was getting so utterly wrapped up and focused on his own thoughts that he wasn’t aware they were calling out to him. He was later diagnosed with the autism spectrum disorder known as Asperger’s syndrome. Symptoms include not responding to their name and obsessive interest in certain subjects, both of which were present in Musk.

In 1979, when Elon was around eight years old, his parents divorced. He and his siblings went to live with his mother because, according to Musk, his father was a “terrible human being.” However, he also calls his dad a “brilliant engineer,” and believes he got his computer and engineering skills from him.

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The Best Cyber Monday Laptop Deals 2022

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The ASUS TUF Gaming F15 laptop was awarded as one of our preferred affordable gaming laptops of 2022, and Cyber Monday deals from Best Buy slash the price even further. Through the online retailer, this ASUS model falls from $1,079.99 to $699.99. Something about the removal of the comma makes anything seem like a much more reasonable investment! Another ASUS deal at Best Buy brings us the ROG Zephyrus 144Hz 14-inch gaming laptop with 16 gigabytes of RAM and an NVIDIA GeForce RTX 3060 graphics chip for $500 off — that’s $899.99 rather than $1,399.99.

Directly through Lenovo, there are a few some impressive laptop deals. You can save a whopping $2,010.00 on the ThinkPad T14s Gen 2 14-inch in storm gray color for a grand total of $849. There’s over $2,200 to be saved on the same model,  but in black. Lenovo’s ThinkPad X1 Yoga Gen 6 14-inch is 65% off — that pitches the price by $2,350.00 to $1,259.00.

Target’s only Cyber Monday specific deal is for the HP Victus 15.6-inch 144Hz gaming laptop, which was originally listed for $829.99 but has fallen to $589.99. That’s another gaming laptop that earned a spot on our best affordable gaming laptop rank. However, there are a number of unspecified sales and clearance deals that slash laptop prices by as much as $500 at Target, such as the Acer Aspire 3 15.6-inch laptop with 8 gigabytes of RAM for $249.99. 

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