When it comes to the most influential in tech, you might jump to Jobs and Gates. But here the names you really need to know, these pros say.» Read More
Jan 20- International Business Machines Corp is thinking of selling off its low-end server business and Dell Inc may be among potential bidders, the Wall Street Journal reported, citing sources.
SAN FRANCISCO, Jan 17- Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said on Friday.
*Intel struggles to break through in mobile. SAN FRANCISCO, Jan 17- Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said on Friday.
TAIPEI, Jan 13- Investors looking for specifics as to the future of Acer Inc, the world's No.4 PC vendor, came away disappointed when the new CEO spent more time delivering a history of the company's past mistakes than on where it was headed.
"Shareholder activism and the prospect that shareholders can exercise authority over a company's strategies, especially their capital and portfolio strategies, acts as a real restraint on corporate freedom of activity," said Gene Sykes, co-head of global mergers and acquisitions at Goldman Sachs.
Was Carl Icahn ever serious about running Dell? Dell Chairman and CEO Michael Dell says Icahn was just trying to talk the price up.
Dell Chairman and CEO Michael Dell discusses his company's life as a private company. "We're building out our solutions thinking about the cloud, mobile and big data," he explains.
NEW YORK/ BOSTON, Nov 14- Top U.S. hedge fund managers in the third quarter bought and sold shares of such hotly debated companies as Herbalife Ltd, J.C. Penney Co and Sotheby's. Ellington Management Group LLC, a $5.5 billion investment firm founded by Michael Vranos, took a new position in auction house Sotheby's, as did Eric Mindich's Eton Park Capital Management.
BOSTON/ NEW YORK, Nov 14- Top U.S. hedge fund managers in the third quarter bought and sold shares of such hotly debated companies as Herbalife Ltd, J.C. Penney Co and Sotheby's.
After a two-month review of strategic options and talks with potential buyers that included Facebook, Lenovo and private equity firms such as Cerberus, BlackBerry said it will abandon a sale. The only formal offer to buy BlackBerry- a tentative one- had come from Fairfax, which wanted to take the company private for $4.7 billion.
CNBC's Tyler Mathisen and Michael Noer, Forbes, discuss the magazine rankings of the most powerful and influential leaders in the world.
SAN FRANCISCO, Oct 29- Dell Inc will delist from the Nasdaq at the close of Tuesday's trading, as founder Michael Dell and private equity house Silver Lake complete their controversial $24.9 billion buyout of the struggling PC maker.
CALGARY, Alberta, Oct 7- Talisman Energy Inc shares surged in after-hours trading on Monday after activist investor Carl Icahn said he had purchased about 61 million shares of the underperforming Canadian oil producer and may seek a seat on the company's board. The stock closed at $12.75 in New York on Monday.
SAN FRANCISCO, Oct 4- Activist investor Carl Icahn, who ended his months-long campaign against Michael Dell's planned buyout of Dell Inc last month, on Friday signaled his final retreat from the struggling personal computer maker.
Mike Bingle, managing partner of investment firm Silver Lake, said Friday he isn't interested in purchasing smartphone maker BlackBerry.
NEW YORK, Sept 26- Dealmaking around the world was basically flat over the first nine months of the year, a disappointing level given the $130 billion Verizon Communications Inc transaction that bolstered mergers and acquisition volumes in the third quarter.
The richest 400 Americans are richer than they were last year, and the young are accumulating wealth at a faster clip than their boomer counterparts.
The annual Forbes 400 wealthiest Americans list showed that total wealth climbed 19 percent in the last year to $2.02 trillion, up from $1.7 trillion, with an average net worth per individual of $5 billion, up from$ 4.2 billion in 2012. It now takes $1.3 billion in assets just to get on the list.
The battle for control over Dell is now over, and resulted in the PC giant's privatization. Founder Michael Dell speaks with CNBC's Maria Bartiromo about the his fight against Carl Icahn and explains why Dell belongs with the best companies in the world.
In an exclusive interview, CNBC's Maria Bartiromo talks with Michael Dell, Dell chairman & CEO, about his long, drawn out buyout battle to take his company private and how he plans to turnaround the PC maker. (Note: During this interview, Mr. Dell misspoke when he said the company had generated $22 billion in cash flow in the last 5 quarters. He meant to say years, according to the company.)