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.
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 has made a $25.5 billion bid to acquire wireless operator Sprint Nextel, hoping to edge out a rival bid from Japanese operator SoftBank.
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.
A sweeter offer for the merger of T-Mobile USA and MetroPCS reportedly has been approved by T-Mobile parent company Deutsche Telekom.
From pretexting to Autonomy, here's a timeline of Hewlett-Packard management changes.
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.
Hewlett-Packard's Ray Lane is giving up his role as chairman amid ongoing shareholder disapproval of HP's troubled Autonomy acquisition.
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.
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.