Technology Report: Dell suitors talk tie-ups as board lets in Icahn, Blackstone

	Click to View in Browser 03/25/2013 Dell suitors talk tie-ups as board lets in Icahn, Blackstone (Reuters) - A frenzy of backroom negotiations was poised to begin on Monday after Dell Inc invited billionaire investor Carl Icahn and Blackstone Group to make firm takeover offers, potentially turning an existing $24.4 billion take-private deal into a starting bid for the No. 3 PC maker. U.S. approves Nasdaq payback plan for Facebook IPO, UBS unhappy (Reuters) - Regulators approved Nasdaq OMX Group's $62 million compensation plan for firms that lost money in Facebook Inc's glitch-ridden market debut, a victory for the exchange operator that also set the stage for potential lawsuits from firms seeking more. BlackBerry shares slide on Goldman downgrade TORONTO (Reuters) - BlackBerry stock fell nearly 4 percent on Monday after Goldman Sachs cut its rating, citing a disappointing U.S. launch for the smartphone maker's new touchscreen device that went on sale in the United States on Friday. Yahoo acquires mobile news start-up Summly SAN FRANCISCO/LONDON (Reuters) - Yahoo Inc has snapped up mobile news aggregator Summly, the latest in a string of small acquisitions intended to bolster the Web portal's mobile services. Tessera CEO stepping down, board to be overhauled (Reuters) - Tessera Technologies Inc Chief Executive Robert Young is stepping down, after activist hedge fund Starboard Value called for his sacking and an overhaul of the technology patent company's board. Pitney Bowes stamps out shareholder fraud lawsuit (Reuters) - Pitney Bowes Inc has won the dismissal of a securities fraud lawsuit accusing it of misleading investors by not disclosing problems in its businesses that in 2007 caused it to miss financial projections for the first time in seven years. Apple buys Silicon Valley startup WiFiSlam NEW YORK (Reuters) - Apple has acquired a Silicon Valley startup, WiFiSlam, which makes mapping applications for smart phones. Global telecoms giant ZTE sees gold in Chinese roots HONG KONG (Reuters) - China's ZTE Corp, which helped bring the telephone to millions of homes during the Deng Xiaoping era, is counting on a new generation of tech-savvy smartphone users to drive at least $7.5 billion of 4G network projects and elevate its sagging fortunes. Analysis: The end of Indian IT staffing as we know it BANGALORE/MUMBAI (Reuters) - India's IT outsourcers are promoting "mini CEOs" capable of running businesses on their own, while trimming down on the hordes of entry-level computer coders they normally hire as they try to squeeze more profits out of their staff. EU regulator monitors Apple iPad and iPhone distribution BRUSSELS (Reuters) - The European Union is looking into potential antitrust violations involving the distribution of Apple Inc's iPhones and iPads, after receiving what sources said were informal complaints from telecoms operators. Related Video Techquity: Preferring Apple, battle for Dell Tech Tonic Interface: The right to fast, affordable internet Mediafile John C Abell What is Google doing? Jennifer Saba BCG finds that local online ad dollars aren't that local A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend