Technology Report: Icahn, Southeastern mount challenge to Dell buyout

	Click to View in Browser 05/10/2013 Icahn, Southeastern mount challenge to Dell buyout (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell Inc's biggest shareholders, have proposed an alternative to a $24.4 billion buyout led by founder Michael Dell that will take private the world's No. 3 PC maker. Twitter eyes big business in Brazil's World Cup, Olympics SAO PAULO (Reuters) - While Brazil struggles to finish its stadiums in time for the 2014 World Cup, Twitter is already working to cash in on what the U.S. company's head of revenue, Adam Bain, sees as a potentially huge business opportunity. Nokia to sell new Lumia phone through Verizon Wireless HELSINKI (Reuters) - Nokia will sell a new high-end smartphone through U.S. carrier Verizon Wireless, it said on Friday, aiming to expand its share in the high-margin premium market after years of falling behind Samsung and Apple Inc. Alibaba to invest $294 million in mapping firm AutoNav SHANGHAI (Reuters) - Alibaba Group, China's largest e-commerce firm, will take a 28 percent stake in digital mapping company AutoNavi Holdings Ltd, part of Alibaba's move to boost its competitveness by beefing up its product lineup. UAE's RAKBANK says no customers lost from cyber fraud DUBAI (Reuters) - National Bank of Ras Al Khaimah (RAKBANK) said on Friday that none of its customers had lost any money as a result of a cyber fraud which resulted in a loss at the Gulf bank in 2012. Alleged Dominican head of New York ATM thefts was shot dead SANTO DOMINGO (Reuters) - An alleged leader of the New York arm of a global cyber crime ring, which stole $45 million from two Middle Eastern banks, was shot dead during an attempted robbery in the Dominican Republic last month, Dominican police said on Friday. China Mobile beefs up supervision after audit finds accounting problems (Reuters) - China Mobile Ltd, the world's biggest mobile operator by subscribers, said its unlisted parent is beefing up its internal supervision after a government audit office highlighted problems in accounting practices and internal management. Panasonic sees profit rising 55 percent in shift from consumer gadgets TOKYO (Reuters) - Panasonic Corp forecast its operating profit will rise 55 percent in the year to March 31 as it steps back from struggling operations in TVs and other consumer gadgets in favor of selling machinery, components and electronic equipment to other businesses. Hitachi forecasts 18.5 percent rise in full-year profit, in line with estimates TOKYO (Reuters) - Hitachi Ltd forecast an 18.5 percent jump in operating profit for this fiscal year, in line with expectations, as the electronics conglomerate reaps the benefits of a weaker yen while projecting a pickup in economic recovery both at home and abroad. Germany arrests two Dutch citizens in cyber bank heist FRANKFURT (Reuters) - German prosecutors said on Friday they had arrested two Dutch citizens suspected of involvement in a $45 million global cyber heist unveiled the previous day by U.S. authorities. Related Video Techquity: Big data play for Facebook Techquity: Clues about cheaper iPhone; Facebook deal talk Mediafile James Ledbetter Music royalties and Pandora's box John C Abell Samsung Galaxy S4: Size matters, but isn't everything 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