Michael Dell's Takeover Plan Challenged Yet Again
Dell's largest independent shareholder has teamed with activist investor Carl Icahn in another challenge to founder Michael Dell's $24.4 billion bid to take company private.
Dell's largest independent shareholder has teamed with activist investor Carl Icahn in another challenge to founder Michael Dell's $24.4 billion bid to take company private.
Intel forecast June-quarter revenue in line with expectations as the personal computer industry grapples with falling sales and a shift toward tablets and smartphones.
Facebook's luster may be wearing off, as many users -- especially younger ones -- ask themselves whether the social network has become boring and too much like a chore.
Dell's board has determined that the bids from buyout specialist Blackstone and Icahn could be superior to a proposal from CEO Michael Dell and Silver Lake Partners.
With unemployment high, wages stagnant and costs rising, a growing number of Americans are working a part time job -- or more than one -- to make ends meet. 24/7 Wall St. dug through the data to see which industries are the best bets for those seeking part-time work -- and some may surprise you.
Since hitting an all-time high several weeks ago, Apple's stock has gone through a turbulent patch. Investors meanwhile, are considering several issues that could dramatically impact the tech giant's future direction.
Samsung is out to boost its laptop sales by 80% this year, and key to that effort will be its supersvelte 9 Series notebook. Aimed directly at Apple's MacBook Air, the new machine is a move to refocus on high-end gear -- with a high-end price to match.
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.
Tech layoffs came to just under 47,000 last year, according to employment-services firm Challenger, Gray & Christmas. Better still, during the next 10 years, the sector is forecast to have one of the fastest paces of job creation of any industry.
IBM beat Wall Street expectations with its fourth-quarter earnings released Thursday, growing profit 9% and sales 7%. The company has gained from increased corporate spending on computer upgrades and on outsourcing.
The outlook for IT spending this year is looking up. Research firm Gartner said Thursday it expects revenue to grow 5.1% from 2010, an increase from a previous forecast of 3.5% growth.
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.
Hewlett-Packard has won a contract worth up to $2.5 billion to supply computer equipment -- including hardware and software -- and information-technology services to NASA. HP's gain is Lockheed Martin's loss: Lockheed had been NASA's IT supplier until now.
Pricing for television and computer screen panels in November rose for the first time in eight months as retailers geared up for what they hope will be improved sales of consumer electronics products for the 2010 holiday season.










