Career News 24/7: Technology Report: Dell closer to buyout as price talks narrow: source

Monday, February 4, 2013

Technology Report: Dell closer to buyout as price talks narrow: source

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02/4/2013

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Dell closer to buyout as price talks narrow: source

NEW YORK (Reuters) - Dell Inc moved closer to a nearly $24 billion buyout deal, with price negotiations narrowing to $13.50 to $13.75 a share in what would be the biggest leveraged buyout since the financial crisis.

U.S. court says won't expedite Apple appeal versus Samsung

SAN FRANCISCO (Reuters) - A U.S. appeals court on Monday rejected Apple Inc's request to fast-track its bid for a sales ban on several Samsung Electronics Co Ltd phones, ruling the iPhone maker could not argue its case to the full appeals court right away.

Windows co-chief looking for surge with new hardware

SEATTLE (Reuters) - The new Windows 8 system is off to a "solid" start and should get a boost in sales over the next few months as new touch-screen devices hit the market and Microsoft Corp hones its retail strategy, according to a top executive.

California court finds for Apple in credit card privacy suit

SAN FRANCISCO (Reuters) - Apple Inc and other online retailers did not break California law by requiring consumers to provide their address and phone numbers as a condition of accepting credit card payments, the state's high court ruled on Monday.

Oracle to buy network gear maker Acme Packet for $1.7 billion

(Reuters) - Software maker Oracle Corp will buy Acme Packet Inc for $1.7 billion net of cash as billionaire CEO Larry Ellison expands into the networking equipment market long dominated by Cisco Systems Inc.

Trade group wants U.S.-China action on cyber security threats

WASHINGTON (Reuters) - U.S. companies want the U.S. and Chinese governments to work together to address the growing problem of cyber attacks that threaten to undermine trade between the world's two largest economies, a U.S. business leader said on Monday.

BlackBerry shares jump after Bernstein upgrades stock

TORONTO (Reuters) - Shares of BlackBerry rose more than 12 percent on Monday after Bernstein Research said it was upgrading the stock to "outperform" after last week's launch of the company's new line of BlackBerry 10 smartphones.

Swedish tech start-ups outdoing European rivals

STOCKHOLM (Reuters) - Spotify, Mojang and Wrapp, respectively music, games and gift services winning online markets worldwide, are among tech start-ups that have made Sweden Europe's hottest spot for investors hunting the next big thing.

Foxconn says to boost China worker participation in union

TAIPEI/BEIJING (Reuters) - Foxconn Technology Group, the assembler of most of the world's top-selling electronic gadgets including Apple Inc's iPhone, is trying to raise participation in its union as part of efforts to dispel a rash of bad publicity over poor working conditions and labor disputes.

Hit game Minecraft to stay private

STOCKHOLM (Reuters) - A pool table, a pinball machine, board games and Lego dot the offices of Mojang, the small Swedish company behind the wildly popular Minecraft video game, and one of its founders is wearing a tuxedo and purple tie on a recent "formal Friday".