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Cisco Systems Inc Chief Executive John Chambers will step down in July after 20 years at the helm of the network equipment maker, a symbol of the dot.com stock boom 15 years ago now struggling to boost its bottom line in the era of cloud computing. Company veteran Chuck Robbins, 49, will take over as CEO. The 65-year-old Chambers, one of the longest-serving leaders of a Silicon Valley company and also company chairman, will become executive chairman, the company said on Monday. Wall Street analysts said a change was expected and could signal a refocusing of Cisco, which acquired dozens of companies under Chambers but has failed to make great headway outside its core networking business. more...


General Electric Co on Monday announced collaborations with Qualcomm Inc and Apple Inc as it uses digital technology and the growing appetite for data to reinvigorate its 130-year-old lighting business. With chipmaker Qualcomm, GE is offering retailers a way to connect with shoppers' smartphones through technology embedded in LED light bulbs, the company said. One use of the "indoor positioning" technology could be to transmit customized coupons to shoppers depending on their store location. more...


SurveyMonkey Chief Executive Dave Goldberg died while exercising at a hotel gym in Mexico, a person close to the family said Monday. Goldberg, the spouse of Facebook Inc Chief Operating Officer Sheryl Sandberg, collapsed at the gym, and efforts to revive him there and at a hospital were unsuccessful, the person said. Goldberg's brother announced his death on Saturday morning via a Facebook post, and SurveyMonkey also put out a short statement. One of Silicon Valley's most admired entrepreneurs, Goldberg was known for his low-key demeanor and the grace and good humor with which he handled being married to one of the nation's most recognizable executives. more...


By Aman Shah and Nivedita Bhattacharjee MUMBAI (Reuters) - Facebook Inc opened up its Internet.org platform to new websites and applications from developers on Monday, a move the social media giant said would boost efforts to get people online in low-income and rural areas in emerging markets. Internet.org offers free access via mobile phones to pared-down web services, focused on job listings, agricultural information, healthcare and education, as well as Facebook's own social network and messaging services. It has been launched in nine countries in Africa, Latin America and Asia, including India, bringing over 8 million people online, said Chris Daniels, vice president of product for Internet.org, who was in New Delhi to speak with partners and operators. The platform will be open to all developers who meet certain guidelines, including that they produce content that can be browsed on both basic mobile phones as well as smartphones and is accessible in limited bandwidth situations, Facebook said. more...


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