Technology Report: Exclusive: T.Rowe slashes stake in Dell to 2.8 percent from 4 percent - sources

	Click to View in Browser 08/8/2013 Exclusive: T.Rowe slashes stake in Dell to 2.8 percent from 4 percent - sources NEW YORK (Reuters) - T. Rowe Price Associates, one of the most influential opponents of Michael Dell's offer to buy out Dell Inc for about $25 billion, reduced its ownership in the struggling PC maker to a 2.8 percent stake from the 4 percent it held as of March 31, two sources familiar with the situation told Reuters. T-Mobile US posts first subscriber growth in four years NEW YORK (Reuters) - T-Mobile US on Thursday reported second-quarter subscriber growth that blew past analysts' expectations and ended four years of customer losses, boosted by a big marketing push and its launch of Apple Inc's iPhone. Chipmaker Nvidia's quarterly profit falls on sluggish demand (Reuters) - Nvidia Corp's quarterly profit fell 19 percent as the graphic chipmaker struggles with slowing sales due to increasing competition in the mobile devices market, an area where the company is focusing to offset declining sales to PC makers. Carl Icahn increases Nuance stake to 16 percent: filing NEW YORK (Reuters) - Activist investor Carl Icahn increased his stake in speech recognition and digital imaging software maker Nuance Communications Inc to 16.03 percent, a regulatory filing showed Thursday. Fox projects growth as it invests in new channels LOS ANGELES (Reuters) - Rupert Murdoch's Twenty-First Century Fox Inc, the film and TV company recently separated from News Corp, expects to increase profit over the next few years while it invests in new sports and entertainment networks, Chief Operating Officer Chase Carey said on Thursday. CBS, Time Warner Cable trade barbs on Day 7 of blackout (Reuters) - A CBS Corp executive said on Thursday that negotiations with Time Warner Cable Inc have "gone badly off course" and accused the cable company of trying to negotiate terms that would limit CBS's ability to do business with such online TV services as Netflix Inc and Amazon.com Inc. Rackspace quarterly revenue up 18 percent, shares rise (Reuters) - Rackspace Hosting Inc, which leases online storage space to companies, reported an 18 percent rise in quarterly revenue, sending it shares up 13 percent in extended trading. Aereo to enter Dallas, other markets as CBS blackout continues (Reuters) - Internet TV startup Aereo will soon be available in Dallas, one of the cities affected by the Time Warner Cable-CBS blackout, which extended into its seventh day on Thursday. Canada's Telus posts higher adjusted profit on broad growth (Reuters) - Telus Corp, a major Canadian telecom company, posted a 13.5 percent rise in adjusted quarterly profit on Thursday, helped by strong wireless growth and a fixed-line unit that is bucking industry trends with renewed expansion. Nikon cuts full-year profit target as mirrorless cameras lose their shine TOKYO (Reuters) - Nikon Corp cut its full-year profit due to disappointing demand for mirrorless cameras that were once seen as a revolutionary invention that could save the industry from the threat of increasingly advanced smartphone cameras. Related Video Techquity: Upside for Microsoft, says analyst; Groupon zooms Water birds reveal new direction for aircraft landing research 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