Dell Shareholders Back Michael Dell's Takeover Offer
The board at Dell said that a takeover bid led the company's founder and CEO is in the best interest of shareholders at the slumping PC maker.
The board at Dell said that a takeover bid led the company's founder and CEO is in the best interest of shareholders at the slumping PC maker.
Microsoft is trying to fix what it got wrong with its radical makeover of Windows.
From sluggish PC sales to Facebook regaining an important advertiser to a department store chain finally ousting its inept CEO, here are the wonders and blunders of the week.
Dell posted mixed quarterly results after Tuesday's market close, and that's not good news for the PC giant. No one is surprised to find that desktops and laptops just aren't selling these days.
Personal computer sales fell 1.1% in the first quarter compared to the same period in 2010, according to industry research firm Gartner, but while its report lists a few possible reasons for the decline, none are compelling, and the drop is unlikely to presage a serious decline in PC sales.
Gartner has lowered its laptop-sales forecast for this year and the next, predicting that the popularity of tablets and smartphones will slow laptop sales. Gartner expects worldwide laptop sales to increase 11% this year and and 14% next year, down from a previously forecast 16$ and 15%, respectively.
No wonder President Obama is visiting an Intel plant as he stumps for U.S. innovation and high-tech jobs. After all, Intel is a clear industry leader. Indeed, some analysts argue that for investors seeking entry in the global growth of technology, Intel is the one-stop answer.
Ken Olsen, the MIT-educated inventor who founded DEC in the 1950s and built it into multibillion dollar company, died on Sunday. In addition to inventing the minicomputer, Olsen was a pioneer as a manager. But perhaps the most valuable lesson his life can teach regards his one business blind spot.
Investors are buying into the meme that Windows is dying -- and therefore Microsoft is as well. While tablets are clearly cutting into the giant's core PC business, Microsoft is also showing remarkable agility in building new franchises for the future, the Kinect for one.
U.S. consumers spent 5% less on consumer electronics during the last holiday season compared to a year earlier, according to a new report from NPD Group. Even at discounted prices, Americans bought fewer flat-screen televisions and desktop computers, as well as lower-end digital cameras and MP3 players, according to the report.
Intel's stock is up just 2% this year compared to the Nasdaq's 17% rise, and investors fret that the explosive growth of smartphones and tablets will crimp the market for the PC chips that produce the bulk of Intel's revenue. But the tech giant has a plan.
Ron Garriques, head of Dell's mobile devices, one of the businesses most critical to the company's future, is leaving.
Advanced Micro Devices has lowered its third-quarter sales guidance, citing weaker-than-expected demand for laptops in North America and Europe. The news comes after another chip maker, Intel, cut its third-quarter forecast last month.
The No. 1 PC maker's shares got a boost Monday after it announced an additional $10 billion for share repurchases.
After months of talk, Dell brought its Aero smartphone to the U.S. on Tuesday. The Aero uses an older version of Google's Android operating system called "cupcake." Will it prove to be stale -- or still a treat?
In a further sign of how far the convergence of PCs and TVs has truly gone, Intel is acquiring Texas Instruments' cable modem business, the chip maker announced Monday.
StarCraft II, the sequel to one of the most popular PC games of all time, has been a dozen years in the making. But the wait has paid off. Game maker Blizzard Entertainment says it sold 1.5 million copies in the first 48 hours after launch.
After PC buying stalled during the recession, it's time again to replace those old machines. Such buying kicked in during the second quarter, and it's buoying expectations that Dell's sales and earnings growth will regain badly needed vigor.
Intel's record earnings suggest that companies are starting to loosen up a bit on tech spending as they finally start replacing their four- and five-year-old PCs. This replacement cycle should bid up the stocks of companies in the IT sector. But how long will this wave of higher spending last?
Investors are looking for a strong showing from the bellwether chipmaker, which would offer further evidence that U.S. companies -- and tech firms in particular -- are continuing to emerge from the recession. Analysts expect Intel to come through.
In an extraordinary blog post, Frank Shaw presses a case for the company's primacy in tech -- clearly a reaction to its many critics and skeptics on Wall Street, given that Microsoft's share price is less than half what it was in 1999.
Semiconductor sales hit $23.1 billion in March, further solidifying the industry's growth after a brutal downturn a year ago, according to the closely watched Semiconductor Industry Association report. It was the second-best period on record after November 2007.
Worldwide personal computer shipments increased more than 20 percent in the first three months of 2010 from the same period a year ago, a sign the PC business is on firmer ground after one of its shakiest stretches ever. The quarterly increase was higher than expected by IDC and Gartner.
With speculation mounting that Apple is preparing to unveil a new tablet-style computer, the company invited reporters to come see its "latest creation" at an event in San Francisco next week. Meanwhile, a news report said Apple will release a 22-inch, touch-enabled, all-in-one PC in 2010.
The world's No. 1 chip maker will release its fourth-quarter earnings in a new format on Thursday, better to show Wall Street how it restructured to remain competitive during the recession.























