7:30 AM -- 60 Minutes ran a story Sunday night about how many large U.S. corporations chop their tax bills by moving parts of their businesses overseas to obscure spots such as Zug, Switzerland.
Among the companies that are benefiting from that kind of strategy is Cisco Systems Inc. (Nasdaq: CSCO), which has eight companies in Ireland and estimates it has about US$40 billion "trapped" outside the U.S.
Cisco CEO John Chambers, who played a starring role in the story, wants the U.S. to approve a one-time tax break (in the neighborhood of 5 percent) to help bring that money back, viewing it as a move that could help stimulate the economy.
But he's got a steep hill to climb, as the Obama administration is already opposed to the idea. Plus, companies received this kind of break a few years ago and there's not much evidence that it created any jobs for the U.S. of A.
Chambers told Lesley Stahl he would "absolutely" promise to create jobs if given the break, later insisting that he's not asking for a handout. "All we're asking is -- give us a level playing field. Get us close."
Light Reading is spending much of this year digging into the details of how automation technology will impact the comms market, but let's take a moment to also look at how automation is set to overturn the current world order by the middle of the century.
Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.
During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.
She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.