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Cisco acquires flash memory company Whiptail for $415 million

Cisco on Tuesday agreed to purchase privately held Whiptail - a company that makes software to manage cloud-based flash storage - for $415 million in cash. The deal marks Cisco’s 12 acquisition on the year and brings the total money…

Facebook to offer free Wi-Fi in exchange for your location

It’s no mystery that Facebook wants to gather as much data as possible about its users; something that they do rather effectively, judging by the all-too-relevant advertisements that are plastered across my newsfeed. Nevertheless, Zuckerberg and his colleagues are taking…

iRobot unveils AVA 500 telepresence robot

iRobot on Monday introduced a new member of the family, the AVA 500. Unlike most of the other robots you’re likely familiar with from iRobot, this one isn’t meant to help clean in and around your home. Instead, the AVA…

Belkin picks up Linksys home router business from Cisco

Cisco Systems, the world’s biggest maker of computer-networking equipment, is looking to further distance itself from the consumer space with the sale of its home networking business unit to Belkin for an undisclosed amount. The transaction includes the company’s Linksys…

Cisco to cut up to 10,000 jobs, 14% of its workforce

Cisco Systems, the largest networking-equipment company, may cut as many as 10,000 jobs (about 14 percent of its workforce) to revive profit growth. The number is not yet official; it comes from two people familiar with the plans cited by Bloomberg.