AIG To Restate Results of Past Five Years

American International Group (AIG) will shed nearly $2.7 billion from its net worth as it prepares to restate its financial results for the past five years because of accounting errors.

ASA 5500 From Cisco Systems At Interop Helps Security

Networking juggernaut Cisco Systems Inc. will unveil their newest offering in the world of networking technology during Cisco CEO John Chambers' keynote address at Interop this morning. The ASA 5500 combines many new features in a sleek new device for organizations that like to one stop shop.

Semiconductor Industry Booms

The Semiconductor Industry Association (SIA) reported that worldwide sales of semiconductors increased by 13.2% in the first-quarter compared to the same time last year.