Dec 4- Hedge fund Hayman Capital has taken a stake in General Motors Co and believes the U.S. automaker's stock could rise more than 40 percent over the next 12-18 months after the U.S. Bloomberg first reported news of the stake, which it called one of Hayman's largest investments.» Read More
But specialists said weeks of work lie ahead, including a major reconfiguration of the computer hardware.
If you just decided to join the Black Friday crunch but didn't prepare well, don't despair: Just pick up your smartphone.
Nov 27- A number of private equity investors are studying the possibility of making a bid for business software company Compuware Corp, the Financial Times reported on Wednesday. Firms such as Thoma Bravo and Vista Equity Partners have approached Compuware about taking the company private, the newspaper said, citing unnamed sources.
Nov. 27- Attention, shoppers: If you just decided to join the Black Friday shopping crunch but didn't prepare well, don't despair: Just pick up your smartphone. "Information is power," says Jeff Goldstein, president of PriceGrabber, a web service that collects pricing from about 4,000 retailers.
Nov 26- A California federal judge has ordered Hewlett-Packard Co and Chief Executive Meg Whitman to defend a securities shareholder class action that claims they knew statements about HP's acquisition of software company Autonomy were misleading.
WASHINGTON, Nov 26- Command Technology Inc, a privately held firm that developed electronic maintenance manuals for Lockheed Martin Corp's F-16 fighter jet, has won a $24.8 million judgment against the Pentagon's biggest supplier for unfair competition.
WASHINGTON, Nov 26- Command Technology Inc, a privately held firm that developed electronic maintenance manuals for Lockheed Martin Corp's F-16 fighter jet, has won a $24.8 million judgment against the Pentagon's biggest supplier after a jury found Lockheed guilty of unfairly competing with the smaller firm.
Nov 26- Private equity firm Hellman& Friedman has struck a deal to buy insurance software provider Applied Systems from Bain Capital for $1.8 billion, H&F said on Tuesday. Bain acquired the University Park, Illinois- based company from Vista Equity Partners LLC in 2006 for an undisclosed price.
NEW YORK, Nov 26- Take-Two Interactive Software Inc on Tuesday said it is buying back all of Carl Icahn's shares in the company, and three directors nominated by the activist investor have resigned. The video game publisher said it will pay the $203.5 million purchase price for the 12.02 million shares it bought from cash and cash equivalents on hand.
Nov 25- Software maker Nuance Communications Inc forecast fiscal 2014 profit below expectations as its shift to a subscription-based business model hits margins and the company struggles to hold on to its pricing in the handsets business.
Nov 25- Nuance Communications Inc, maker of the software that runs the Siri feature on Apple Inc's iPhones, reported better-than-expected quarterly revenue. The company reported a net loss of $32.3 million, or 10 cents per share, in the fourth quarter. It had posted a profit of $117.6 million, or 36 cents per share, a year earlier.
Chen, brought in as interim CEO earlier this month after the company dropped a plan to sell itself, said BlackBerry is setting its marketing sights on corporations, governments and the big clients that were at the root of its early success. BlackBerry named James Yersh to replace Brian Bidulka as CFO.
Nov 25- Nuance Communications Inc, maker of the software that runs the Siri feature on Apple Inc's iPhones, reported lower-than-expected quarterly revenue, sending its shares down 5 percent after the bell. The company reported a net loss of $32.3 million, or 10 cents per share, in the fourth quarter.
*History, sentiment put reform spotlight on Guangdong. GUANGZHOU, China, Nov 26- Just days after China announced sweeping reforms to revitalise its economy, several hundred striking workers rallied outside a Nokia factory in its wealthiest and most industrialised region shouting: "Protect our rights!"
BlackBerry also said Roger Martin, a board member since 2007, has resigned. BlackBerry, once a market leader in the field of on-the-go email, has lost market share to Apple Inc's iPhone and devices that are powered by Google Inc's Android software.
*Wendel, Nordic Capital hand in final bids- sources. Nordic Capital may be looking to combine LTS Lohmann with another skin patch maker it agreed to buy last month, Acino. The sources said that Japan's Hisamitsu Pharmaceutical and private equity house EQT were no longer being considered as suitors by LTS Lohmann's owners, which include drug major Novartis.
BlackBerry also said Roger Martin, a board member since 2007, has resigned. Early in November, BlackBerry said it had shelved plans to sell itself and instead opted to raise $1 billion via a convertible notes offering led by Fairfax Financial Holdings Ltd, its largest shareholder.
SAN FRANCISCO, Nov 22- Microsoft Corp sold over 1 million of its new Xbox One game consoles within 24 hours of their hitting store shelves on Friday, on par with Sony Corp's PlayStation 4 despite launching in far more countries. Sony said it sold 1 million PS4 units in 24 hours after launching last Friday in just the United States and Canada.
NEW YORK, Nov 22- U.S. stocks rose on Friday, led by healthcare stocks, putting the Dow and S&P 500 on track for a seventh straight week of gains. Shares of Biogen shot up 11.9 percent on heavy volume to $282.37 after the company won 10 years of exclusivity protection for its multiple sclerosis drug, Tecfidera, from regulators in Europe.
NEW YORK, Nov 22- U.S. stocks edged higher on Friday in the absence of economic data and ahead of a holiday-shortened week in the United States, a day after the Dow industrials closed above 16,000 for the first time.
Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.