Cisco reports Q3 revenue of $12.8B, up 7% YoY, with Security revenue up 13% YoY to $876M and Infrastructure Platforms revenue up 6% YoY to $6.8B; stock down 5%+ (Stephanie Condon/ZDNet)

Stephanie Condon / ZDNet:
Cisco reports Q3 revenue of $12.8B, up 7% YoY, with Security revenue up 13% YoY to $876M and Infrastructure Platforms revenue up 6% YoY to $6.8B; stock down 5%+  —  The company's third quarter results were slightly ahead of market estimates, with growth across categories.

FTC and six state AGs sue internet service provider Frontier for allegedly providing slower internet speeds than promised to 1.3M DSL customers across 25 states (Rebecca Klar/The Hill)

Rebecca Klar / The Hill:
FTC and six state AGs sue internet service provider Frontier for allegedly providing slower internet speeds than promised to 1.3M DSL customers across 25 states  —  Frontier Communications is accused of misrepresenting internet speeds it advertised and charged for, according to a lawsuit filed Wednesday …

Knives Out 2 Expands Star-Studded Cast With Leslie Odom Jr.: Report

Knives Out 2 cast expands with Leslie Odom Jr., best known for Hamilton and One Night in Miami. Odom Jr. joins Daniel Craig, Dave Bautista, Edward Norton, Janelle Monáe, and Kathryn Hahn. https://ift.tt/3bE3CTX

Apple Said to Ready MacBook Pro, MacBook Air Revamps for Release

Apple is preparing to release several new Mac laptops and desktops with faster processors, new designs and improved connectivity to external devices, accelerating the company's effort to replace... https://ift.tt/3hFJSDg

Chip Shortage: Senate Democrat Proposes $52 Billion for US Production, R&D

US Senate Democratic Leader Chuck Schumer unveiled revised bipartisan legislation late Tuesday to approve $52 billion (roughly Rs. 3,79,740 crores) to significantly boost US semiconductor chip... https://ift.tt/3hCJNAu

Study finds that tech companies that made #BlackLivesMatter pledges after George Floyd's murder had 20% fewer Black employees on average than those that didn't (Bloomberg)

Bloomberg:
Study finds that tech companies that made #BlackLivesMatter pledges after George Floyd's murder had 20% fewer Black employees on average than those that didn't  —  After the murder of George Floyd last year prompted widespread protests, dozens of companies released public pledges to promote racial justice.