Cisco Systems, Inc. (CSCO)’s Security Patches, International Business Machines Corp. (IBM) & Hewlett-Packard Company (HPQ)’s Announcement

Editor’s Note: Cisco Systems, Inc. (NASDAQ:CSCO), International Business Machines Corp. (NYSE:IBM), Hewlett-Packard Company (NYSE:HPQ)

Cisco patches serious vulnerabilities in Unified Communications Manager (PCWorld)
Cisco Systems, Inc. (NASDAQ:CSCO) has released new security patches for several versions of Unified Communications Manager (UCM) to address vulnerabilities that could allow remote attackers to execute arbitrary commands, modify system data, or disrupt services. The UCM is the call processing component of Cisco Systems, Inc. (NASDAQ:CSCO)’s IP Telephony solution. It connects to IP (Internet Protocol) phones, media processing devices, VoIP gateways, and multimedia applications and provides services such as session management, voice, video, messaging, mobility, and web conferencing.

Hewlett-Packard Company (NYSE:HPQ)

Old giants Cisco, Oracle, Intel now finding pretty hard to catch up (The Economic Times)
Outsiders often think of Silicon Valley as a constantly changing landscape, a place where fortunes rise and fall with the next great idea. Now some of the technology industry’s biggest names are finding out that once you fall behind, it is pretty hard to catch up. On Wednesday, Hewlett-Packard Company (NYSE:HPQ) announced several significant personnel changes, along with sharply lower revenue and narrower operating profit margins. It was the latest in a string of disappointing earnings news from big technology companies that has some asking if the industry, after at least five years of growth, is finally slowing down.

HP switches key executives, dashes hopes for 2014 revenue growth (Reuters)
Hewlett-Packard Company (NYSE:HPQ) shuffled its top ranks on Wednesday, reassigning a star executive to a new role identifying potential acquisitions, as the world’s largest personal computer maker reported a larger-than-expected slide in revenue and forecast zero sales growth next year. Its shares dropped 5 percent in after-hours trading. The Silicon Valley stalwart, which has been undergoing a radical reshaping under Chief Executive Meg Whitman for the past two years, is looking for ways to escape the decline in PC sales as tablets and smartphones revolutionize computing.

Son of prominent ex-CEO of IBM chokes to death on final steak dinner at Manhattan restaurant (Mail Online)
The 41-year-old son of a former CEO of International Business Machines Corp. (NYSE:IBM) has died after choking on a piece of steak at a New York City diner. Louis Gerstner III passed away last Wednesday while dining alone at Lenox Hill Grill Diner on the Upper East Side.

IBM opens cloud center in Peru (Peru This Week)
International Business Machines Corp. (NYSE:IBM) Peru announced that it has opened a new data center at the Technology Campus in La Molina, Lima. The center was built to meet increasing demand for Information Technology (IT) services in areas such as cloud computing and Big data analytics. According to the Andina news agency, the state-of-the-art data center will be one of the Peru’s most scalable, resilient and energy efficient data centers, contributing to the competitiveness and productivity of organizations in this country.

Bargain hunting (CNBC)