NEWS BRIEF: Cisco Systems Inc (NASDAQ:CSCO) is reportedly giving up on Web email as a source of revenue. As reported by The Wall Street Journal late this evening, "Cisco Systems is pulling the plug on its Web-based email service for businesses a little over a year after the networking giant first introduced the product in November 2009, the company announced in a blog post Tuesday evening. Cisco said it is halting investment in Cisco Mail because customers 'have come to view their email as a mature and commoditized tool versus a long-term differentiated element of their collaboration strategy.' The move...
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