Talks to take Dell private are at an advanced stage with at least four major banks lined up to provide financing, two sources with knowledge of the matter told Reuters.
As option traders scrambled to buy out-of-the-money options on the buyout rumors, implied volatility in the stock skyrocketed.
The price will likely be between $13.50 and $14 a share, with an equity investment from Silver Lake and other potential investors of roughly $2 billion.
A new trend has begun to sweep the digital world, bearing witness to tablets shrinking at the same time that smartphones are getting bigger.
Analysts say Apple must decide whether to keep catering to the high end of the phone market or offer something cheaper to compete with lower-cost alternatives.
There's a "50-50 chance" that Dell would be taken private — private equity billionaire Wilbur Ross told CNBC Tuesday, in reaction to reports that the computer maker is in talks with PE firms about a potential $20 billion-plus buyout.
Dell is in talks with private equity firms on a potential buyout, two sources familiar with the matter told Reuters.
The spy campaign targeted a range of government and diplomatic organizations, mostly in Eastern Europe and Central Asia.
More and more iPhone users are loading up their Apple iPhone with Google Software.
Apple is going to unveil an updated iPad this Spring, Brian White of Topeka Capital said.
Boeing faces a short term public-relations battle after a string of problems with its new 787 Dreamliner jet, but experts suggest that, so far, the glitches don't appear to be anything out of the ordinary for a new and highly complex aircraft.
Three of the top U.S. cellphone carriers signaled this week that they would support RIM's BlackBerry 10 products.
Apple is working on a cheaper version of its popular iPhone that could be released this year, according to a report in the Wall Street Journal on Tuesday.
Japan's Panasonic may see its headcount fall further and may sell non-core money-making business units to raise cash, president Kazuhiro Tsuga told reporters at the CES consumer electronics show in Las Vegas on Tuesday.
Intel seems determined to save the Ultrabook in 2013 by offering more features on the devices and slashing the price.
LocalResponse CEO Nihal Mehta, talks about his latest advertising venture which allows advertisers to respond to social media moments.
Nihal Mehta made a 60 second pitch to convince potential investors his marketing start-up has what it takes to succeed.
A French Internet provider is allowing users to block ads and that has Google and other online advertisers worried.
Michael Dell has lost of one of the key lieutenants he recruited to help him turn around his ailing computer company.
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