Cisco forecasts lower revenue for Q1, stock drops 74 points – – Barron’s reports that on Wednesday’s conference call with analysts, Cisco management “forecast fiscal Q1 revenue to decline by 15% to 17%.” It’s not bad compared to the street’s estimates, but traders punished the company with a 3.4% drop in after-hours trading.

bartz2

Yahoo CEO Carol Bartz wants you to know she’s tougher than you’ll ever, ever be — At Autodesk, she worked while undergoing chemotherapy for breast cancer. She had a knee replaced while closing Yahoo’s deal with Microsoft that may give the company a chance to turn itself around. She watched the operation under only a local anesthetic as doctors sawed her leg open. She regaled Fortune editor Patricia Sellers, “enthusiastically detailing the skin, fat, cartilage and bone that she viewed.” Do not mess with Carol Bartz.

[Photo: Fortune]

Trendrr is the latest company to serve a two-way API to its services — Following Digg’s announcement yesterday, social network trend tracking tool Trendrr has added software hooks that let other sites and apps automate getting tracking reports from the site and incorporating the reports into other places. Who cares? The music industry, for starters. Marketing people will be able to have dashboards that include Trendrr data on the hotness-or-notness of the bands and songs they’re pushing. And Trendrr continues the, um, trend of Web 2.0 companies creating APIs to let everyone else get at their content for free. The business model for this is called We’ll Figure It Out.

tumbleuponTumblr blatantly copies StumbleUpon with TumblUpon — The new feature atop Tumblr’s easy-to-use free blogs delivers a random page from another Tumblr blog when clicked. I suppose I could contact StumbleUpon founder Garrett Camp to ask how he feels about this, but I already know he’ll only say something nice. In fact, he probably really does think this is cool. Because how many StumbleUpon users is it going to lose him? Exactly.

People forget that 12 years ago today, Microsoft made a $150M investment in Apple. People forget that Macs ran Internet Explorer — Hard to believe now, but in 1997, pre-iMac, Steve Jobs needed the cash. Microsoft got some not-voting shares of AAPL, but more important, Apple agreed to ship Internet Explorer as the default browser on its next lineup of Macs. Below is Jobs’ onstage announcement, which features a Big Brother-like Bill Gates talking down to him from a giant video screen.

The partnership soured when Internet Explorer for the Mac turned out to be slow, non-innovative, and slow. Also, it was really, really slow. I did time trials for Wired where my aging eMachines PC loaded some websites twice as fast as a sexy new flat-panel iMac. Open-source developers whipped up browsers that ran circles around Microsoft’s insufficiently-optimized application. Apple responded by building its Safari browser, and removing Explorer from its computers.

Speaking of Microsoft: New Zune HD media player brings tears to the eyes of jaded CNET editor — Donald Bell says he likes the new Zune’s browser and the way it pulls in artist photos and other info to create a page for any song you load it with. Even the ones you ripped off via BitTorrent. But the reason I’m running this item is that the new Zunes are much prettier than previous models. Take a look. [Photo: Donald Bell/CNET]

zunehd_540x405