Cisco Systems is a technology conglomerate based in San Jose's Silicon Valley. One area of focus for the company is the controversial “internet of things,” or the network connection of various devices such as home appliances, phones, and vehicles.
Cisco was founded by Leonard Bosack and his wife, Sandra Lerner. While working in Stanford's Computer Science department, Bosack was a central contributor to the Defense Department's ARPAnet.
In 2014, Glenn Greenwald detailed how the National Security Agency (NSA) planted backdoor surveillance tools in Cisco routers without the company's knowledge.
The company has actively lobbied for NAFTA in an effort to avoid international tariffs on technology goods. Cisco also kept billions of dollars “parked” overseas to avoid the 35 percent US tax it would pay if it repatriated those funds. As such, the company aggressively lobbied the Trump administration on lowering corporate and repatriation taxes.
In 2016, Cisco was investigated for Russian bribery but neither the SEC or the Justice Department brought any enforcement actions against the company. The government had requested that Cisco internally investigate its discounting practices in its business dealings in Russia, and the internal investigation satisfied both government agencies. Note that two Cisco employees a former employees of the Justice Department.
Curated for #informationwar (by @wakeupnd)
Our purpose is to encourage posts discussing Information War, Propaganda, Disinformation and other false narratives. We currently have over 8,000 Steem Power and 20+ people following the curation trail to support our mission.
Join our discord and chat with 250+ fellow Informationwar Activists.
Join our brand new reddit! and start sharing your Steemit posts directly to The_IW, via the share button on your Steemit post!!!
Connect with fellow Informationwar writers in our Roll Call! InformationWar - Leadership/Contributing Writers/Supporters: Roll Call
Ways you can help the @informationwar
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Cisco is a classic blue chip dividend payer. Classic stock. Following.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit