A Dell special committee has rejected a new proposal from a key shareholder Carl C. Icahn, and said it will continue to support the proposal by founder Michael Dell and private-equity firm Silver Lake Partners to take the company private.
As the time for a shareholder vote draws near, the Dell special committee weighing competing bids for the company said Wednesday that a plan from investor Carl Icahn and Southeastern Asset Management comes up short by billions of dollars.
Infosys' co-founder and first CEO N. R. Narayana Murthy has returned to the company as executive chairman, amid concerns that the outsourcer's performance has not been as good as that of some of its Indian peers.
Japan's Sharp booked another huge loss on Tuesday, and unveiled its latest turnaround plan, which includes relying on partnerships with Samsung Electronics and Foxconn Technology Group for business, sacking top management, and expanding into new fiel...
Investor Carl Icahn and Southeastern Asset Management have made a counter-offer for Dell that would keep the computer company still publicly traded, according to reports.
Hewlett-Packard on Monday said it has created a business unit that will deal in purpose-built systems based on specific applications and usage models, and also announced the reorganization of its server unit.
Making good on a promise made in December, VMware and parent company EMC have launched a new company, called Pivotal, to offer an enterprise-ready data analysis platform as a service (PaaS) based on software from both companies.
In a filing to the U.S. Securities and Exchange Commission on Friday, Dell highlighted the dismal financial straits that led to its plan to take the company private, a move that now has some major shareholders in an uproar.
Hewlett-Packard's shareholders have voted to reelect its entire board of directors, despite opposition from investors who want some members held accountable for recent troubles at HP, including its ill-fated acquisition of Autonomy.
Chip maker, ST-Ericsson, will be wound down as parents STMicroelectronics and Ericsson have decided to take over some parts of the company, including LTE modems and application processors, and close or sell the rest.
Sony will sell off its holdings in mobile game firm DeNA for about US$440 million, the latest in a string of deals that could boost its bid for a profitable year.
Sony, striving for its first annual profit in five years, said Thursday it sold a Tokyo office complex for about US$1.2 billion.
Hewlett-Packard's CEO has dismissed persistent rumours that the company might break itself up in a move that could create more value for shareholders.
The growing number of shareholders voicing opposition to Dell's US$24.4 billion plan to go private appears to be putting the company increasingly on the defensive, raising questions about the terms of the deal.
Cisco Systems' sale of its home networking business to Belkin International marks the end of a 10-year odyssey through the world of consumer products, but the company plans to keep reaching consumers through their carriers and cable companies.
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