Cisco injects $1 billion in UK digital economy

Cisco will invest some $1 billion (around £650 million, or AU$1.34 billion) in the UK's digital sector over the coming five years as it looks to capitalise on growth in the countries burgeoning startups sector.Among the investments it will make are $150 million (around £97.68 million, or AU$201 million) in venture capital equity for UK startups, an extension to its NetAcademy scheme and the creation of as many as 250 new jobs in central London by the end of 2015.The $150 million (around £97.6