Microsoft's Surface tablet has earned the company less in revenue than it paid to write down unsold stocks of the device. The company said in a regulatory filing with the US Securities and Exchange Commission that the Surface had earned ...
Tags: Microsoft
Microsoft's former head of Windows 8 development has agreed not to badmouth Microsoft or work for some of its competitors and in return will receive a pay-out for unvested stock in the company, according to a regulatory filing Wednesday. ...
Tags: Computer Products, Windows 8, Microsoft
Billionaire Carl Icahn is approaching investors for$5.2bn in loans to back an alternative bid to buy out ailing PC maker Dell. Icahn,who will become Dell's largest external investor if Southeastern sell him about$1bn of its Dell shares,is ...
Tags: Carl Icahn, Dell, PC, investor
South Korea's petrochemicals maker Korea Petrochemical Industry Company said Thursday its first-quarter net profit rose 32.7% year on year to Won 6.9 billion ($6.1 million), from Won 5.2 billion a year earlier. Operating profit also ...
Tags: Chemicals, Energy, Petrochemical Industry
A battle for US computer giant Dell has heated up as corporate raider Carl Icahn and other investors made a new offer and called a planned buyout led by company founder Michael Dell a "giveaway". The investor group, which holds around 13 ...
Tags: Dell, Computer Products
BG Group has entered the regulatory phase of its Prince Rupert LNG project, submitting applications to Canadian and British Columbia environmental review agencies for a three-train operation aimed at eventually exporting 21 million mt/year, ...
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Microsoft has extended a search revenue guarantee agreement with Yahoo for one more year, amid reports that the Internet company is trying to break its 10-year agreement with Microsoft. The Redmond, Washington, software company, has ...
Tags: Microsoft, Computer Products
Microsoft has extended a guarantee that provides Yahoo with financial protection as part of the two companies' internet search partnership An arrangement requiring Microsoft to pay Yahoo a minimum amount per search on Yahoo's website ...
Kim Van Howe swears she's never looked better than in the glamour shots she had taken at Sears. It was late summer, she was 27, tanned, blond and wearing a velvet peach halter, she recalled wistfully while shopping Tuesday at the Sears on ...
Tags: Portrait Studio, Toys
Hewlett-Packard's Ray Lane is giving up his role as chairman amid ongoing shareholder disapproval of HP's troubled Autonomy acquisition. Lane will remain on HP's board as a director but has given up his position as chairman, HP said ...
Tags: HP Chairman, PC business, PC
Hewlett-Packard’s Ray Lane is giving up his role as chairman amid ongoing shareholder disapproval of HP’s troubled Autonomy acquisition. Lane will remain on HP’s board as a director but has given up his position as ...
Tags: Hewlett-Packard, Ray Lane, Board Chairman
DELL'S financial advisers tried to persuade 71 potential bidders to make an offer for the troubled personal computer maker before two of them emerged to challenge a proposed $24.4 billion deal with the company's founder, according to ...
Hewlett-Packard’s shareholders have voted to re-elect its entire board of directors, despite opposition from investors who wanted some members held accountable for recent troubles at HP, including the ill-fated acquisition of ...
Tags: HP, shareholders, Computer
While Michael Dell struggles to take his eponymously named hardware vendor private, BMC Software is set to be taken private in a takeover by a consortium of private equity interests. BMC, best known for its systems management software, ...
Tags: BMC Software, Computer Products
US-based automobile manufacturer Ford Motor would pay $750m to the workers as separation benefits for closing its Genk plant in Belgium. The losses incurred by the company in Europe prompted the closing of the plant, which is scheduled to ...
Tags: Ford Motor, automobile, Ford