Category Archives: Taylor Scott International

Cisco Systems Revamping Ailing Conferencing Business

Rowan Trollope loves a tough challenge — like getting room-sized systems down to mobile phone size. That is indeed one of the goals of the senior vice president at Cisco Systems (CSCO), who is charged with returning growth to the networking gear leader’s stagnant collaboration business. This business sells goods and services that help companies use video to connect meetings and share information. Revenue for Cisco’s collaboration business, which

Baidu Directing Viewers To Pirated Videos, MPAA Say

Youku Tudou (YOKU), Sohu (SOHU) Video and several other Chinese companies have teamed up with the Motion Picture Association of America to sue China search leader Baidu (BIDU) over copyrighted video content. The group is seeking about $49 million in damages, alleging that Baidu and software maker QVOD make it easier for users to find and download pirated video. “A large number of Chinese and foreign films and television productions are distributed

WuXi Stock Seesaws After Q3 Earnings, Guidance Beat

WuXi PharmaTech (WX) stock briefly hit a five-year high on the stock market Wednesday after the China-based clinical research organization beat analysts’ Q3 earnings estimates, but then pulled back. Late Tuesday, WuXi reported earnings of 47 cents a share, up 31% from the year-earlier quarter and 8 cents past analysts’ consensus. Revenue rose 17% to $146.7 million, about $1 million more than expected. The company raised the low end of its