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Blackstone abandons offer for Dell

Blackstone Group has given up its bid for Dell, less than a month after the private-equity fund manager said it was planning to top an offer from founder Michael Dell and private-equity firm Silver Lake Partners, according to news reports.

IBM-Lenovo deal likely to focus on low-end, commodity servers, analyst says

Any deal by IBM to sell parts of its server business to Lenovo is likely to focus on low-end commodity x86 hardware, not higher-end x86 systems such as IBM's PureSystems and iDataPlex servers, an industry analyst said Thursday.

Dish Network offers $25.5 billion to acquire Sprint Nextel

Dish Network has made a $25.5 billion bid to acquire wireless operator Sprint Nextel, hoping to edge out a rival bid from Japanese operator SoftBank.

Facebook's Zuckerberg launches advocacy group on education, immigration

The group will focus on immigration reform that includes both border security and a path to citizenship, along with higher school standards and support for teachers.

on techhive.com

Report: Deutsche Telekom OKs richer T-Mobile bid for MetroPCS

A sweeter offer for the merger of T-Mobile USA and MetroPCS reportedly has been approved by T-Mobile parent company Deutsche Telekom.

on techhive.com

Hewlett-Packard: Tough years for a Silicon Valley pioneer

From pretexting to Autonomy, here's a timeline of Hewlett-Packard management changes.

Samsung Electronics sees operating profit jump on mobile sales

Samsung Electronics said today that it expects a first-quarter operating profit of between 8.5 trillion won and 8.9 trillion won (US$7.6 billion to $8 billion), a sharp increase of at least 49 percent from a year earlier.

on techhive.com

HP Chairman Ray Lane steps down amid discontent over Autonomy

Hewlett-Packard's Ray Lane is giving up his role as chairman amid ongoing shareholder disapproval of HP's troubled Autonomy acquisition.

Battle for Dell risks customer confidence, analysts say

With Michael Dell still battling to get his US$24.4 billion buyout deal approved by shareholders, his company needs to avoid a long, drawn-out battle that could erode customer confidence.

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Dell's SEC report describes challenges for PC makers

Dell's proposal to take the company private cites stumbling Windows 8 and slow Windows 7 upgrades among the reasons for slow sales and tough times.