One of the biggest critics of Michael Dell's plan to take the company he founded private has launched a fresh challenge to that $24.4 billion bid and says the slumping PC maker needs new leadership. Billionaire investor Carl Icahn has teamed with Dell's largest independent shareholder, Southeastern Asset Management, to pitch a deal that would let Dell shareholders keep their stake in the company and give...
Softbank can close the deal up to a year faster than Dish and brings industry expertise and cash to Sprint, he said. In addition, the combined Softbank and Sprint would be a huge purchaser of phones and network equipment, which should help it secure volume discounts, he said.
Japanese consumer electronics giant Panasonic Corp. on Friday reported a near-record net loss of 754 billion yen ($7.5 billion) for the fiscal year through March due to restructuring costs and slumping sales, but predicted a return to the black this year as it prunes unprofitable businesses.
A U.K. budget airline will create an artificial volcanic ash cloud over Europe this summer to test ash detection technology. The experiment aims to avoid the kind of chaos that paralyzed air traffic during eruptions three years ago. Thursday's announcement was made by easyJet, which acquired a ton of ash collected...
Southeastern Asset Management and Icahn said in a letter sent Thursday to the Dell Inc. board that they want to let shareholders keep their stock and give them either $12 per share in cash or additional shares in a deal that keeps the company publicly traded.
The sophistication of a global network of thieves who drained cash machines around the globe of an astonishing $45 million in mere hours sent ripples through the security world, not merely for the size of the operation and ease with which it was carried out, but also for the threat that more such thefts may be in store.
From brain to heart to stomach, the bodies of humans and animals generate weak magnetic fields that a supersensitive detector could use to pinpoint illnesses, trace drugs – and maybe even read minds. Sensors no bigger than a thumbnail could map gas deposits underground, analyze chemicals, and pinpoint explosives that hide from other probes.
The sensors, made of an insulating base coated with a graphene sheet--a single-atom-thick layer of carbon--are already so sensitive that they can detect an individual molecule of gas. But manipulating the chemical properties of the insulating layer, without altering the graphene layer, may yet improve their ability to detect the most minute concentrations of various gases.
In a joint project between the Universities of Strathclyde and Glasgow, Imperial College London and the National Physical Laboratory, researchers have developed a portable way to produce ultracold atoms for quantum technology and quantum information processing.
Microsoft says its new chief financial officer is Amy Hood, previously CFO of the Office division. She replaces Peter Klein, who announced his departure three weeks ago. He has been CFO for four years. Hood, 41, joined Microsoft Corp. in 2002. Before that, she worked at Goldman Sachs. She has a master's degree in business administration from Harvard University.
Three judges on the 2nd U.S. Circuit Court of Appeals in Manhattan were considering an appeal by Mountain View, Calif.-based Google of a judge's decision last year to grant class status to authors represented in an 8-year-old lawsuit by lawyers for the Authors Guild.
The telecommunications equipment company has suffered business setbacks in the U.S. and Australia due to fears it could be a security risk. Last October, a U.S. congressional panel recommended telephone companies avoid doing business with it. Huawei issued a pledge not to cooperate with spying, and argues the U.S. is engaging in trade protectionism.
It reported Thursday annual earnings of 43 billion yen ($434 million), a reversal from a loss of 457 billion yen ($5.7 billion) the previous year — the worst in the company's nearly seven-decade history. Tokyo-based Sony expects the recovery to continue, and projected a 50 billion yen ($505 million) profit for the fiscal year through March 2014, up 16 percent.
GreenPeak Technologies has posted a new White Paper called “Sentrollers and the Internet of Things”. In this paper Sentrollers are defined as a new, all-encompassing term for sensors, actuators and controllers – the various devices that make up the new Internet of Things.
Yahoo rose 90 cents, or 3.6 percent, to close Tuesday at $26.07. It's the first time the stock has closed above $26 in nearly five years, continuing an upturn that began after Yahoo hired former Google executive Marissa Mayer as its CEO nearly 10 months ago. The shares have surged by 67 percent since Mayer's arrival.