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(Reuters) - Cisco Systems Inc said on Monday that Chief Executive John Chambers would step down after 20 years at the helm to become executive chairman, and that 17-year company veteran Chuck Robbins would become CEO effective July 26. Chambers, one of the longest-serving CEOs of a Silicon Valley company, will continue to be Cisco's chairman, the company said on Monday. Cisco shares were down 0.5 percent at $28.97 in premarket trading. Robbins, who became a board member on May 1, joined Cisco in 1997 and has been senior vice president of worldwide operations, leading the company's global sales and partner team.
Texas police shot dead two suspected Islamist extremists who opened fire outside an exhibition of cartoons of the Prophet Mohammed staged by an anti-Muslim group. Terror monitoring group SITE reported that a known member of the Islamic State jihadist group had boasted the attack was carried out by supporters of the hardline movement. Commentators were quick to draw parallels to a January shooting at the French satirical weekly Charlie Hebdo in Paris that killed 12 people and wounded 11 more. The White House said President Barack Obama had been briefed.