Ina Fried/Axios

Cisco on Tuesday said it has developed software gear capable of spotting malware inside secure data without having to decrypt the traffic. That, Cisco says, means corporate customers don't have to choose between privacy and security.

  • "We get both," Cisco senior VP David Goeckeler said at a press event in San Francisco, adding that the new technology can detect malware with 99% accuracy.
  • Cisco will sell the encrypted traffic analytics to customers as a subscription service, part of a growing effort to build that side of its business. The company also announced a new line of switches that it promises can automatically adjust to the needs of a business.
  • The competitors: AT&T and Facebook, among others, are seeking to challenge Cisco with cheaper communications gear. The company also faces a host of companies in its corporate networking business, including Huawei and Hewlett-Packard Enterprise, as well as startups like Arista Networks.

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 12 p.m. ET: 10,920,457 — Total deaths: 522,385 — Total recoveries — 5,789,032Map.
  2. U.S.: Total confirmed cases as of 12 p.m. ET: 2,753,754 — Total deaths: 128,871 — Total recoveries: 781,970 — Total tested: 33,462,181Map.
  3. Public health: The states where face coverings are mandatory Fauci says it has been a "very disturbing week" for the spread of the coronavirus in the U.S.
  4. Business: Top business leaders urge the White House to develop mandatory mask guidelines.
  5. Economy: The economy may recover just quickly enough to kill political interest in more stimulus.
  6. States: Florida reports more than 10,000 new coronavirus cases, and its most-infected county issues curfew.
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Washington Redskins to review team name amid public pressure

Photo: Patrick McDermott/Getty Images

The Washington Redskins have announced they will be conducting a review of the team's name after mounting pressure from the public and corporate sponsors.

Why it matters: This review is the first formal step the Redskins are taking since the debate surrounding the name first began. It comes after weeks of discussions between the team and the NFL, the team said.

Scoop: Instacart raises another $100 million

Illustration: Sarah Grillo/Axios Visuals

Grocery delivery company Instacart has raised $100 million in new funding, on top of the $225 million it announced last month, the company tells Axios. This brings its valuation to $13.8 billion.

Why it matters: This funding comes at what could be an inflection point for Instacart, as customers it acquired during coronavirus lockdowns decide whether they want to continue with the service or resume in-person grocery shopping.