TechTaffy

tech:

taffy

Cisco Increases Quarterly Cash Dividend

By TechTaffy Desk

cisco

Cisco’s board of directors have declared a quarterly dividend of  17 cents per common share. The dividend is a three-cent increase over previous quarter’s, and will be paid on April 24, 2013, to all shareholders of record as of the close of business on April 8, 2013.

Frank Calderoni (Executive vice president and CFO, Cisco): We are increasing our dividend as part of our strategy to deliver a consistent return to our shareholders, in line with our capital allocation commitment.

Cisco’s previous quarterly dividend of 14 cents per common share was paid on December 19, 2012.  

[Image courtesy: Cisco]

Just in

AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.
Industry

Square expands offline payments globally

Payment processing company Square has announced the expansion of its offline payments feature to all hardware devices and countries.
Around the web

U.S. bans noncompete agreements for nearly all jobs — NPR

The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own, writes Andrea Hsu. 
AI

The Coca-Cola Company commits $1.1B to Microsoft Cloud and AI partnership

The Coca-Cola Company and Microsoft announced a five-year partnership on Tuesday. As part of the collaboration, Coca-Cola has committed $1.1 billion to Microsoft Cloud and generative AI capabilities.