Roundup: Cisco’s mixed results, Hitwise election site stats, and more

Cisco does a little better than expected — Sales fell 9 percent in October, compared to a year earlier, the computer networking giant reported yesterday; the company expects sales to drop up to 10 percent this quarter versus the $9.8 billion a year ago. Yet “[i]n our opinion, the U.S. will be the first major country to recover,” chief executive John Chambers said. More at the New York Times.

Hitwise: Yahoo wins presidential election web site traffic — Check out the table, below.

New York City funds study on how to preserve NY media industry — It looks to me like one idea has already been implemented: Have New York-based media outlets give preferential coverage to New York-based digital media companies.

Satellite radio company Sirius XM tries to refinance debt — Meanwhile, Sirius star Howard Stern throws some stones through his glass house as he tries to make fun of web companies like Twitter and Facebook.

MySpace’s new self-serve ads may be making up to $50 million a month — That’s what TechCrunch is hearing.

Micro-market for comment plugins getting consolidated — Blog platform WordPress recently bought Intense Debate; now, comment-and-poll blog plugin JS-Kit has bought rival CoComment [Update: Alarm:clock reported this as a purchase. TechCrunch has more recently talked to the companies and they've clarified that its just a partnership].

Chip-maker AMD cuts 500 more jobs — More on CNET.

Range Fuels hires Shell vice president as chief executive
— David C. Aldous comes on board as the company builds a big new cellulosic ethanol plant. Oil company executives are slowly leaking over to biofuels.

Microsoft chief executive Steve Ballmer can’t believe Google is pouring money into a project without a clear revenue stream — That project is mobile-focused operating system Android. (Ballmer photo via, unsurpisingly, Android Community.)

Google employees sued in Italy for YouTube video
— The charges come even though the video in question — of, regrettably, a handicapped child being bullied — was quickly pulled. Incidentally, Italy’s prime minister, media mogul Silvio Berlusconi, is well-known for his media manipulation. This video seems like a great excuse for his government to try to clamp down on a site that is more open to free speech.

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About the Author, Eric Eldon

Eric currently covers digital media technology and business, especially what's happening on social networks and their platforms. He writes and edits stories about lots of other stuff, too. He started at VentureBeat in the spring of 2007, half a year or so after Matt Marshall left his reporting job at the San Jose Mercury News to found the site. Eric previously cofounded a now-failed startup called Writewith, that was building editorial software for newspapers and other groups of writers.