HP sells webOS operating system to LG Electronics
SAN FRANCISCO (Reuters) - Hewlett-Packard Co said on Monday it will sell the webOS operating system to South Korea's LG Electronics Inc, unloading the smartphone software it acquired through a...
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Union pension adviser says will oppose two HP directors
(Reuters) - A union pension adviser said it will oppose two Hewlett-Packard Co directors and the company's auditor over governance issues, after HP leaders assuaged few of their concerns at...
Hedge fund manager Einhorn blasts Dell’s buyout plan
SAN FRANCISCO (Reuters) - Hedge fund manager David Einhorn had some sharp words on Thursday for both Dell Inc and founder Michael Dell on his plan to take the company...
HP forecast beats Street, CEO says overhaul taking hold
SAN FRANCISCO (Reuters) - Hewlett-Packard Co's quarterly revenue and forecasts beat Wall Street expectations as it continued to cut costs under CEO Meg Whitman's turnaround plan, sending the No. 1...
Dell profit plummets 31 percent as investors ponder $24 billion buyout
SAN FRANCISCO (Reuters) - Dell Inc on Tuesday reported a 31 percent drop in profit, hurt by a shrinking consumer business, as investors weighed founder Michael Dell's offer to buy...
Judge speeds up schedule in Apple versus Einhorn case
SAN FRANCISCO (Reuters) - A judge approved Apple Inc's request to speed up the schedule in a lawsuit filed by star hedge fund manager David Einhorn's Greenlight Capital, part of...
Insight: Apple and Samsung, frenemies for life
SAN FRANCISCO/SEOUL (Reuters) - It was the late Steve Jobs' worst nightmare. A powerful Asian manufacturer, Samsung Electronics Co Ltd, uses Google Inc's Android software to create smartphones and tablets...
Dell’s largest investor opposes buyout as too low
(Reuters) - Dell Inc's largest independent shareholder, Southeastern Asset Management, on Friday vowed to fight a $24.4 billion buyout of the No. 3 PC maker led by CEO Michael Dell,...
Calpers, proxy firm support Apple on preferred stock proposal
SAN FRANCISCO (Reuters) - Apple Inc's move to eliminate from its charter the ability to issue preferred shares without first getting shareholder approval has received the support of the largest...
Microsoft defends frayed PC ecosystem with $2 billion Dell loan
SEATTLE/SAN FRANCISCO (Reuters) - Microsoft Corp is playing defense with a $2 billion loan to help Dell Inc's founder buy back the world's No.3 PC maker as it seeks to...