Technology Report: Dell's quarterly profit plummets as PC sales shrink

	Click to View in Browser 08/15/2013 Dell's quarterly profit plummets as PC sales shrink SAN FRANCISCO (Reuters) - Dell Inc, the PC maker embroiled in a takeover battle between its founding CEO and activist investor Carl Icahn, on Thursday reported a 72 percent slide in quarterly earnings as PC sales extended their downward spiral. IBM says it will buy Trusteer, source says paying close to $1 billion (Reuters) - IBM, the world's biggest technology services company, said on Thursday it has agreed to buy Trusteer, a company that helps businesses fight computer viruses and fraud. Kodak shareholders won't get voice as company eyes Chapter 11 exit NEW YORK (Reuters) - A federal bankruptcy judge rejected a bid by Eastman Kodak Co shareholders on Thursday to set up an official committee to represent their interests, as the company prepares to seek court approval next Tuesday to emerge from Chapter 11. New iPhone, 4G technology may mean Apple, China Mobile tie-up closer SINGAPORE/HONG KONG (Reuters) - The stars may be aligning for a long-awaited deal between Apple Inc and China Mobile Ltd, the world's biggest mobile carrier, that could help the iPhone maker claw back lost ground in its most important growth market. Washington Post says website was hacked (Reuters) - The Washington Post website was hacked and some readers were being redirected to the website of the Syrian Electronic Army, the newspaper said on Thursday. Applied Materials revenue falls on lower chip equipment orders (Reuters) - Applied Materials reported lower quarterly revenue because of a fall in demand for its equipment used in manufacturing chips. Europe online sales seen doubling in five years - study BERLIN (Reuters) - Online retail sales in Europe are seen doubling by 2018 to 323 billion euros ($428.51 billion) with Amazon.com Inc expected to grow even faster than that, market research firm Mintel said. Nimble Storage plans IPO later this year: sources (Reuters) - Data storage company Nimble Storage intends to go public later this year and has selected Goldman Sachs Group Inc to lead an IPO, according to two sources familiar with the matter. Ex-Vitesse execs plead guilty in backdating-related case NEW YORK (Reuters) - Two former Vitesse Semiconductor Corp executives who jurors twice failed to convict for inflating company earnings and backdating stock options pleaded guilty to a lesser charge Thursday. Silver Lake to buy accounting software firm BlackLine NEW YORK (Reuters) - The middle-market arm of private equity firm Silver Lake said on Thursday it will buy a majority stake in BlackLine Systems, a fast-growing Los Angeles-based financial software provider that boasts Boeing Co and AT&T Inc as clients. Related Video 3D foot scanner reveals health risks for high-heel fashion slaves Xiaomi CEO: Don't call us China's Apple Mediafile 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