Cisco Systems plans to reduce its global workforce by about 2 percent, or 1,300 positions, …

Beats — the company behind the Beats by Dre range of headphones — has bought back 25 per cent of its shares from HTC for $150 million. The Taiwanese phone manufacturer ploughed $300 million into Beatslast year, which at the time made it the majority shareholder. It still leaves HTC as the largest single external shareholder, owning around 25 per cent …

Google’s Asus-made Nexus 7 tablet has been selling fast around the world. So fast that Google has had to stop taking orders for the 16GB Nexus 7 through the Google Play store. The 16GB Nexus 7 is selling fast. (Credit: CNET Australia) Thankfully, that’s a problem specific to the US and the UK, with Australian users of Google Play faced …