Tech Round-up for 5/17/13

By Mark Handelman
Posted in Virtualization
On May 17, 2013

Here are some of the technology stories that caught our eye today:

The Internet Crime Complaint Center released their 2012 Internet Crime Report study this week, and found that cyber criminals stole $500 million last year.  The IC3 received 289,874 complaints, with 40% of those resulting in financial loss for victims. Criminals used tactics such as fake tech support phone calls, fake antivirus and scareware, and impersonation schemes.

Cisco reported its ninth consecutive quarter of record revenue and earnings in the third quarter, during a conference call with analysts on Wednesday. Sales were $12.2 billion, up 5.4 percent over 3Q 2012. Revenue in the U.S. commercial market rose 13 percent over last year. "We continue to see evidence in the marketplace. ... It's great hardware and Cisco software that will drive SDN," said Robert Lloyd, president of Cisco’s development and sales.

Parth Shah, an engineer at VMware, sat down with Semil Shah for a discussion on his work at VMware and his thoughts on the enterprise stack.