How woke is Cisco Systems?

No company in the United States exemplifies this deficiency more than Cisco Systems, the business corporation founded in Silicon Valley in 1984 that had explosive growth in the 1990s to become the foremost global enterprise-networking equipment vendor in the Internet revolution.

Cisco Systems Inc., which fired some employees over the summer for comments about racism and Black Lives Matter during virtual staff meetings, unveiled a social-justice platform that delves deeper into those issues on Wednesday.

Some Cisco employees have been fired after making comments objecting to the company's support for the Black Lives Matter movement, according to a Bloomberg report.

Cisco CEO Chuck Robbins said in a 2020 tweet that he and Cisco would be donating to Black Lives Matter — a promise that has yet to be met with action a year on, according to the Washington Post.

During June, you see rainbow flags flying and celebrations in honor of Lesbian, Gay, Bisexual, Transgender, and Queer (LGBTQ) Pride Month. It is held every year in June to recognize the LGBTQ+ civil rights movement and in memory of the pivotal Stonewall Uprising on June 28, 1969.

Cisco Systems opens new tab cut its full-year revenue and profit forecasts on Wednesday in a sign that demand for its networking equipment was slowing, sending the company's shares down nearly 11% after market. The company has in recent years grappled with supply chain issues and a post-pandemic slowdown in demand, which has hastened its push into software offerings like cybersecurity.

While core quantum networking technologies such as repeaters and photonics are being developed, it is security applications – specifically post-quantum cryptography (PQC) – that are likely to be the first real-world developments that come out of the lab, according to Liz Centoni, executive vice president, chief strategy officer and general manager of applications at Cisco. PQC, or quantum-safe cryptography, features complicated cryptographic algorithms that are expected to protect quantum computers from sophisticated attacks.