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Friday, February 8, 2013

Technology Report: Dell's largest investor opposes buyout as too low

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02/8/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Dell's largest investor opposes buyout as too low
(Reuters) - Dell Inc's largest independent shareholder Southeastern Asset Management said it plans to oppose the buyout of the personal computer maker, setting up a battle for founder Michael Dell who is leading the effort to operate the company away from public scrutiny.
LinkedIn shares soar after stellar results
(Reuters) - Shares of LinkedIn Corp climbed nearly 21 percent in midday trading on Friday on results that beat analysts' estimates for the seventh quarter in a row.
Fed still gauging extent of hacker breach, FBI on case
Feb 7 (Reuters) - The U.S. Federal Reserve said on Thursday it was still working to determine the extent its computer systems had been breached by hackers, adding that the incident was the subject of a criminal probe by the Federal Bureau of Investigation.
Exclusive: Dell shareholder Southeastern unhappy with buyout
(Reuters) - Dell Inc's largest independent shareholder, Southeastern Asset Management Inc, has told the computer maker that a $24.4 billion buyout bid undervalues it, adding to a chorus of investor dissatisfaction with the landmark deal to take it private, two sources close to the situation said.
U.S. settles with publisher Macmillan in e-books case
WASHINGTON (Reuters) - Publishing house Macmillan on Friday became the fifth and final U.S. book publisher to sign a settlement with the government in a sweeping antitrust case that accused them of conspiring to raise e-book prices.
Gaming companies' shares surge on New Jersey license hopes
(Reuters) - The prospect of online gambling being legalized in New Jersey sent shares of gaming companies on both sides of the Atlantic surging on hopes it could unlock a market worth up to $1 billion.
LinkedIn beats Street, outstrips social media rivals
SAN FRANCISCO (Reuters) - LinkedIn Corp extended its hot streak on Thursday, announcing both blow-out quarterly profits and a bullish forecast for the new year that exceeded Wall Street's already lofty expectations.
Einhorn sues Apple, marks biggest investor challenge in years
NEW YORK/SAN FRANCISCO (Reuters) - Apple Inc on Thursday confronted its first major challenge from an activist shareholder in years as hedge fund manager David Einhorn's Greenlight Capital filed suit against the company and demanded it dole out a bigger piece of its $137 billion cash pile to investors.
How Einhorn turned from Apple advocate to agitator
(Reuters) - Hedge fund star manager David Einhorn was arguably Apple Inc's biggest cheerleader on Wall Street with a stake worth about $600 million and an oft-cited prediction that the company's market value would hit $1 trillion some day.
Judge narrows Google patent suit against Microsoft
(Reuters) - A U.S. judge narrowed a patent lawsuit brought by Google's Motorola Mobility unit against Microsoft Corp, finding that parts of three Motorola patents are invalid.
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