The good, the bad and the ugly of Cisco’s cutting its growth

Cisco said its sales would grow by 5 to 7 percent through 2014, cutting its revenue growth in half, and signaling the end of its massive restructuring effort at an analyst day Tuesday. The move sent the stock up, but Cisco isn’t out of the woods.

Cisco’s Eos Platform Could Challenge MySpace

cisco1Updated with comment from Cisco: Cisco (s csco) and Warner Music Group (s wmg) announced today that the music company will roll out a dozen new sites dedicated to its artists using Cisco’s Eos SaaS social entertainment platform by the end of this year, adding to the five existing Warner Music artist sites built on Eos. The move signals Warner Music’s satisfaction with Cisco’s social entertainment venture, which was widely considered a bad move for a technology company that’s made its name as a switch-and-router maker. And according to Dan Scheinman, senior VP and general manager of Cisco’s Media Solutions Group, the company plans to announce partnerships with other entertainment companies in the coming months — which could throw up a roadblock for MySpace (s nws) as it tries to regain lost momentum by reverting back to its roots as a niche site for music and entertainment. Read More about Cisco’s Eos Platform Could Challenge MySpace