Here s what s going on in tech on Wednesday…
–Cisco Systems will put out its quarterly results after the stock maker closes, and it s expected to announce as many as 14,000 job cuts. –Intel has used its developers conference to show off an all-in-one virtual reality headset called Project Alloy.–And the winner is…Univision, which is paying $135 million acquire Gawker Media.–Amazon s videogame streaming company Twitch just bought Curse, a video-game technology company that is described as like Skype for gaming .—Google gets rejected by a Russian court in an antitrust appeal regarding Android.–Just how does Snapchat make any money off of videos that disappear?–What is a computer? A new ad war between Apple and Microsoft is asking that question.—HP is making new Omen PCs that look like something from the old Next playbook and are supposed to help make a splash in the high-end gaming market.Photo: Cisco Chief Executive Chuck Robbins. Cisco will deliver its fiscal fourth-quarter results after Wednesday s stock market close, and the company is expected to say it is cutting 14,000 jobs.
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