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John Chambers Steps Aside at Cisco as Generational Shift Arrives
The trend in Silicon Valley continues - handing over the reins to a younger generation. From the New York Times, "Over the last few years, longtime leaders of industry giants like Microsoft, Oracle, Intel and IBM have stepped down, in departures that signal the passing of one tech era and the beginning of another. In many cases, their successors now struggle with updating their companies, which were largely built in a world of personal computers and packaged software, for one of mobile devices, cloud computing, sensors and software everywhere."