(Reuters) - Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said.
KUALA LUMPUR: The Malaysian Anti- Corruption Commission has arrested three individuals, including a group chief executive officer, for suspected misappropriation of RM1.5mil in funds belonging to a publicly listed company.
"Preliminary investigations found that all the suspects were also believed to be involved in establishing a company that was not approved by the board of directors for the purpose of carrying out a collaborative project worth about RM258mil.
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