'Hyperloop' travel idea gains fans, if not backers (Update)

Billionaire entrepreneur Elon Musk released rough plans last week for a "Hyperloop" that would shoot capsules full of people at the speed of sound through elevated tubes connecting Los Angeles and San Francisco. Then he urged ...

Icahn to seek court appraisal of $24.4B Dell deal

Billionaire investor Carl Icahn will ask a judge to assess the fairness of a proposed $24.4 billion acquisition of struggling personal computer maker Dell in his latest attempt to wrangle a higher price from a group of buyers ...

China court hears claim Apple's 'Siri' is a copycat

A case against US technology giant Apple brought by a Chinese firm for alleged patent infringement in its digital personal assistant "Siri" has begun in a Shanghai court, state media said Wednesday.

Microsoft mulled buying Nokia unit

Microsoft was in talks to boost its position in the mobile phone market by buying the devices business from Nokia but failed to seal a deal, the Wall Street Journal reported Wednesday.

Waze sale signals new growth for Israeli high tech

Google Inc.'s $1.03 billion purchase of Israeli navigation software maker Waze marks an important milestone for the country that affectionately calls itself "Start-Up Nation."

Dell: Investors offer short by $3.9B

Dell says a buyout offer from shareholder Southeastern and billionaire investor Carl Icahn is about $3.9 billion short of the amount needed to pay shareholders as promised and operate the business.

SAP co-CEO: Cloud computing business profitable (Update)

The co-CEO of business software maker SAP says its push into cloud computing is starting to make money—and predicted it would reach profits that rival or exceed those of its traditional business.

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