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...
Today on Engineering Newswire, brought to you by Pivot Point, the leading designer and manufacturer of non-threaded fastener solutions, we're improving Artificial Intelligence with sensors, flying robotic bees, making hypersonic history, and getting ready to launch GOES-R.
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.
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.
AVX Corporation has announced that the Defense Logistics Agency (DLA) has issued Drawings for high-reliability versions of its Accu-P thin film capacitor series, which exhibits both extremely low capacitance values (0.05 pF) and ultra-tight capacitance tolerances (±0.01 pF).
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.
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.
Three-dimensional magnetic vortices were discovered by scientists from the Helmholtz-Zentrum Dresden-Rossendorf (HZDR) together with colleagues from the Paul Scherrer Institute (PSI) within the scope of an international cooperation.
A robot can struggle to discover objects in its surroundings when it relies on computer vision alone. But by taking advantage of all of the information available to it — an object's location, size, shape and even whether it can be lifted — a robot can continually discover and refine its understanding of objects, say researchers at Carnegie Mellon University's Robotics Institute.
Researchers from the U.S. Department of Energy’s (DOE) SLAC National Accelerator Laboratory and Stanford University have designed a low-cost, long-life battery that could enable solar and wind energy to become major suppliers to the electrical grid."For solar and wind power to be used in a significant way, we need a battery made of economical materials that are easy to scale and still efficient," said Yi Cui...
The European Commission said Monday that Motorola Mobility may have abused its dominant market position by denying Apple the right to use technology essential for mobile phones. It is a violation of European Union antitrust rules for a patent holder to deny use to technologically essential...
Microsoft is retooling the latest version of its Windows operating system to address complaints and confusion that have been blamed for deepening a slump in personal computer sales. The tune up announced Tuesday won't be released to consumers and businesses until later this year.
Texas Instruments Incorporated (TI) [NASDAQ: TXN] has announced the extension of its remote control solutions offering with a new Bluetooth low energy advanced remote control kit. As a technology, Bluetooth low energy allows for remotes...
This week on the HotSpot, brought to you by Memory Protection Devices, students at Carnegie Mellon University have developed the ZoomBoard system, a full miniature QWERTY keyboard for stand-alone smartwatches; a biometric payment terminal from Paytouch; interactive sleepwear that have bedtime stories digitally hidden in them; and miniature medical devices that tap the power of the smartphone.
Koger came to Philadelphia this week to demonstrate the i-limb ultra revolution, a prosthetic developed by the British firm Touch Bionics. Using a stylus and an iPhone, Koger can choose any of 24 grip patterns that best suit his needs.
The Senate is scheduled to vote Monday on a bill that would empower states to collect sales taxes for purchases made over the Internet. The measure is expected to pass because it has already survived three procedural votes. But it faces opposition in the House...
A year and a half ago, Dillon said U.S. Cellular Corp. had the opportunity to carry the phone but rejected it because it was too expensive. The iPhone is more expensive than most smartphones, and phone companies absorb this cost to sell it for $199 or less.
In San Francisco, where half the robberies were phone-related last year, District Attorney George Gascon is calling on major companies in nearby Silicon Valley to create new technology such as a "kill switch" to permanently and quickly disable stolen smart phones, making them worthless to thieves.
Data Translation, Inc. has announced two sensor specific, USB-powered modules with application software for the growing educational market. These new devices allow lab and field testing for experimentation, sound, vibration, and temperature analysis. The DT9828E, USB thermocouple module features...
The South Korean company said Friday the Galaxy S4 smartphone has become the first Android device to meet the security requirements set out by the U.S. government, allowing government and military officials to access the Defense Department's networks with the S4.