Cisco Systems Inc on Tuesday reported a decline in revenue for a fifth straight quarter, as enterprise clients spent less on its network infrastructure products for offices due to the rise of remote working.
6 Min Read
WASHINGTON, Feb 10 (Reuters) - Allegion plc is a lock maker that still churns out its venerable emergency “panic bar” in Indianapolis, where the device was invented over a century ago after a deadly Chicago theater fire in which hundreds of people were trapped by locked exit doors.
But the future of locks, according to the American-Irish company’s chief executive, David Petratis, is digital - cloud technology, smart home devices and other connected applications, and for that it has turned outward, most recently acquiring a Colorado tech company.
“You have to take the old world and connect it to the new world, otherwise you become a commodity,” Petratis said.
Huawei Technologies' founder Ren Zhengfei said on Tuesday it would be "extremely difficult" for the United States to end the sanctions that have crippled its phone business, but that he hoped the new U.S. administration would have an "open policy".
South Korea's financial watchdog sees no grounds currently for a probe after an upswell of investor frustration online over share sales by Hyundai Motor executives in the wake of reports of a tie-up with Apple, an official said on Tuesday.
Huawei Technologies' founder Ren Zhengfei said on Tuesday it would be "extremely difficult" for the United States to end the sanctions that have crippled its phone business, but that he hoped the new U.S. administration would have an "open policy".