Nut-job Conspiracy Theory Ping!
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Posted on 11/26/2013 9:57:52 AM PST by kobald
Cisco announced two important things in today’s earnings report: The first is that the company is aggressively moving into the Internet of Things—the effort to connect just about every object on earth to the internet—by rolling out new technologies. The second is that Cisco has seen a huge drop-off in demand for its hardware in emerging markets, which the company blames on fears about the NSA using American hardware to spy on the rest of the world.
Cisco chief executive John Chambers said on the company’s earnings call that he believes other American technology companies will be similarly affected. Cisco saw orders in Brazil drop 25% and Russia drop 30%...
Arguably, the current shift in the underlying infrastructure of the internet makes Cisco and other American companies uniquely vulnerable. The move to cloud services, streaming video and machine to machine communication (i.e., the internet of things) means new standards and new default hardware providers are taking root, and if NSA spying keeps American companies from dominating the market at an early stage, it could mean that in the long run they’ll simply be locked out of these markets while competitors like Huawei and ZTE reap the benefits.
(Excerpt) Read more at qz.com ...
are they implying that Ed Snowden sold short in Cisco?
No his boss Vlad did.
As the header photo for the article clearly implies.
I am not so sure of the connection to Cisco’s drop and the spying controversy.
The FBI Domestic Communications Assistance Center, or DCAC has installed an estimated 50,000 port scanners directly to servers. Some of it is said to be software bug driven.
Surely there are more than just Cisco servers involved. So why would it be only Cisco that is avoided?
If you want to know who is actually monitoring your web traffic, just look at the automatic link redirect action on your browser. Many of those “ads” are actually paid for the the Government for click history. Does that make you feel paranoid?
Another factoid about Cisco - they have more people working for them outside Of the US than in the US now.
Cisco just happens to be the one with the report out today. There’s more bad news coming down the pike as more reports come out, no doubt.
“competitors like Huawei and ZTE reap the benefits”
And of course, Chinese companies would NEVER install backdoors in THEIR routers.
Nut-job Conspiracy Theory Ping!
To get onto The Nut-job Conspiracy Theory Ping List you must threaten to report me to the Mods if I don't add you to the list...
Of course...
ah yes Cisco the nightmare of those who use their equipment
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