Dell's $24.4B deal opposed by major stockholder

Dell Inc.'s decision to sell itself for $24.4 billion to a group led by its founder and CEO is being ridiculed as a rotten deal by a major shareholder who estimates the slumping personal computer maker is really worth more ...

Dell to go private in $24.4B deal led by founder (Update 3)

Slumping personal computer maker Dell is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since the Great Recession dried up the financing for such risky maneuvers.

Personal computer sales slip during holiday season

Personal computer sales slipped at the end of last year, despite the holiday shopping season and the release of new Windows operating software for machines, a leading industry tracker reported.

China's Lenovo claims top spot for consumer PCs

Chinese computer maker Lenovo Group said it had become the global market leader in consumer and notebook personal computers, as it posted a 13 percent rise in second-quarter net profit.

Microsoft profit falls ahead of Windows 8 launch

Microsoft Corp.'s net income fell 22 percent in the latest quarter as it deferred revenue from the sale of its upcoming Windows 8 operating system to PC makers—and as PC sales in general took a dive.

Lenovo bucks trend with decision to manufacture in US

Lenovo is portraying its relatively modest plans to manufacture personal computers in North Carolina - creating 115 jobs and investing $2 million - as a first step that could lead to much more.

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