Frank Shaw News
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Dell Inc.’s board was planning to meet last night to vote on an offer to take the company private for about $24 billion, people with knowledge of the matter said.
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Microsoft Corp., after straining ties with computer makers by releasing its own tablet computer last year, risks further fissures with partners by planning to make a strategic investment in Dell Inc.
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Dell Inc. bondholders increasingly expect they will be subordinated to new lenders in a potential $24 billion leveraged buyout.
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Dell Inc. is getting closer to clinching a leveraged buyout with Silver Lake Management LLC, and Microsoft Corp. is planning to provide part of the funding, people with knowledge of the matter said.
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Microsoft Corp. said Steven Guggenheimer, a vice president who oversees the software maker’s relationships with computer makers, is leaving the position and will be replaced by Nick Parker.
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HTC Corp. is being shut out of the introduction of Microsoft Corp.’s next Windows software, people with knowledge of the matter said, cutting off another source of revenue after HTC reduced its second-quarter sales forecast by 13 percent. The shares fell to the lowest in two years.
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Microsoft Corp., aiming to take advantage of a backlash against Google Inc.’s policy changes, is rolling out new ads that say its rival is risking users’ privacy to squeeze more revenue out of them.
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International Business Machines Corp. , the world’s biggest provider of computer services, is being investigated by the European Union over claims it abused its dominant position in the market for mainframe computers.
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Microsoft Corp. will announce plans to sell a tablet running the next version of the Windows operating system under its own brand, a major departure from its strategy of partnering with computer makers, according to a person familiar with the plans.
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U.S. stocks rose, giving the Standard & Poor’s 500 Index its first back-to-back weekly rally since April, on speculation central banks will act to boost the economy as investors awaited Greek elections this weekend.
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