Cisco has reported its fiscal fourth-quarter earnings and they have exceeded analysts' expectations. CRN reported yesterday that the company will be laying off about 14,000 employees, representing nearly 20 percent of the company's global workforce, according to multiple sources close to the company. Instead, the company will be cutting only 5,500 positions, representing roughly 7 percent of its global workforce, beginning in the fiscal first quarter of 2017. CNBC reports: "The company reported fiscal fourth-quarter earnings of 63 cents a share on revenues of $12.64 billion, beating analyst expectations for 60 cents per share on revenues of $12.57 billion, according to a Thomson Reuters consensus estimate. The company said that 'today's market requires Cisco and our customers to be decisive, move with greater speed and drive more innovation than we've seen in our history.' Cisco said it expects to reinvest the cost savings from its restructuring plan into 'key priority areas such as security, IoT, collaboration, next generation data center and cloud.'"

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Cisco has reported its fiscal fourth-quarter earnings and they have exceeded analysts' expectations. CRN reported yesterday that the company will be laying off about 14,000 employees, representing nearly 20 percent of the company's global workforce, according to multiple sources close to the company. Instead, the company will be cutting only 5,500 positions, representing roughly 7 percent of its global workforce, beginning in the fiscal first quarter of 2017. CNBC reports: "The company reported fiscal fourth-quarter earnings of 63 cents a share on revenues of $12.64 billion, beating analyst expectations for 60 cents per share on revenues of $12.57 billion, according to a Thomson Reuters consensus estimate. The company said that 'today's market requires Cisco and our customers to be decisive, move with greater speed and drive more innovation than we've seen in our history.' Cisco said it expects to reinvest the cost savings from its restructuring plan into 'key priority areas such as security, IoT, collaboration, next generation data center and cloud.'"

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An anonymous reader quotes a report from Reuters: ATT Inc, the No. 2 U.S wireless provider, said on Wednesday that it would roll out a new data plan that does away with overage fees and reduces data speeds for wireless customers who surpass their data allowance. Beginning Sunday, customers can choose the new Mobile Share Advantage plan and pay for extra data, if needed, or work with slower data speeds instead of paying for overages, the company said in a statement. Its current plan includes a $5 data overage charge per 300 megabytes on its 300-megabyte plan and $15 per 1 gigabyte on other plans. ATT has also revised prices and data bucket sizes. For instance, its larger 25-gigabyte plan now costs $190 per month for four smartphone lines. It previously cost $235. All the new plans include an access charge of $10 to $40 per month for each device, ATT said. The new plans will continue to have features such as unlimited text and talk and rollover data. Plans above 10 gigabytes also include unlimited talk and text to Mexico and Canada and no roaming charges in Mexico. Last month, Verizon introduced a new "Safety Mode" for its data plans that similarly throttles customers who exceed their monthly allotment to avoid overages. While Verizon charges customers on lower tier plans for the feature, ATT notes that it does not apply any extra charges.

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An anonymous reader quotes a report from Reuters: ATT Inc, the No. 2 U.S wireless provider, said on Wednesday that it would roll out a new data plan that does away with overage fees and reduces data speeds for wireless customers who surpass their data allowance. Beginning Sunday, customers can choose the new Mobile Share Advantage plan and pay for extra data, if needed, or work with slower data speeds instead of paying for overages, the company said in a statement. Its current plan includes a $5 data overage charge per 300 megabytes on its 300-megabyte plan and $15 per 1 gigabyte on other plans. ATT has also revised prices and data bucket sizes. For instance, its larger 25-gigabyte plan now costs $190 per month for four smartphone lines. It previously cost $235. All the new plans include an access charge of $10 to $40 per month for each device, ATT said. The new plans will continue to have features such as unlimited text and talk and rollover data. Plans above 10 gigabytes also include unlimited talk and text to Mexico and Canada and no roaming charges in Mexico. Last month, Verizon introduced a new "Safety Mode" for its data plans that similarly throttles customers who exceed their monthly allotment to avoid overages. While Verizon charges customers on lower tier plans for the feature, ATT notes that it does not apply any extra charges.

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Reader Presto Vivace shares a CIO report: The maker of so-called spyware program WebWatcher can be sued for violating state and federal wiretap laws, a U.S. appeals court has ruled, in a case that may have broader implications for online monitoring software and software as a service. The U.S. Court of Appeals for the Sixth Circuit rejected WebWatcher vendor Awareness Technologies' motion to dismiss a lawsuit against the company. The appeals court overturned a lower court ruling granting the motion to dismiss. The appeals court, in a 2-1 decision rejected Awareness' claims that WebWatcher does not intercept communications in real time, in violation of the U.S. wiretap act, but instead allows users to review targets' communications. While plaintiff Javier Luis' lawsuit doesn't address real-time interception of communications, his allegations "give rise to a reasonable inference" of that happening, Judge Ronald Lee Gilman wrote. Awareness pitches WebWatcher as monitoring software for parents and employers. "All WebWatcher products install easily in 5 minutes or less, are undetectable (thus tamper proof) and all recorded data is sent to a secure web-based account which allows you to monitor kids and employees at your convenience from any computer," the company says.

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An anonymous reader writes: The resurrection of the Nokia brand may happen in the fourth quarter of this year, which could make for some really nostalgic holiday gifts. According to Chinese site ThePaper (in Chinese), Nokia executive Mike Wang confirmed that three or four Nokia-branded Android devices are on the way for the fourth quarter of 2016. The comeback effort would include both phones and tablets. There is a chance, however, that the timeline could get pushed back depending upon how things progress. It wouldn't be a terrible shocker considering we're talking about a new company, HMD. It's composed of former employees from Microsoft, the old Nokia, and others who are banding together to resurrect the once-iconic brand. The best rumor we have is that the phones will have 5.2-inch and 5.5-inch Quad HD, OLED displays, a Snapdragon 820 SOC, 22.6MP back camera, and a metal build with water and dust resistance. No word on what a tablet would look like.

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Tensions are high on the island of Corsica as more French towns issue bans on the so-called burkini.

Tensions are high on the island of Corsica as more French towns issue bans on the so-called burkini.