Boardroom

Microsoft on Thursday reported that its fourth-quarter earnings and sales missed expectations as a result of a PC market slowdown and a write-down of Surface RT inventory. Fourth-quarter net earnings were $4.97 billion, or 59 cents per share, Microsoft reported, on revenue of $19.9 billion. The $900...

After months of mounting anticipation, Dell on Thursday delayed a critical vote that will decide its future. Specifically, the scheduled special meeting of stockholders -- originally intended to vote on Michael Dell's proposed buyout of the company for US$24.4 billion -- was convened and adjourned t...

Microsoft has slashed the price of its Surface RT by some 30 percent, or $150, putting the price of the tablet now at approximately $350, depending on the version. The price cut follows hard on the heels of news that the company will undergo a reorganization, in part to bolster its still-flagging ef...

Microsoft announced a sweeping reorganization on Thursday, possibly lurching from controlled chaos to total chaos. The company will now focus on a single strategy, emphasize engineering, and increase collaboration among departments, with some sort of political commisar -- the evangelism and business...

Barnes & Noble's board of directors on Monday announced changes in the company's executive ranks that extend all the way to the top echelon. First and foremost, William Lynch has resigned as CEO and director effective immediately. In addition, former CFO Michael Huseby has been appointed CEO of ...

Barnes & Noble's board of directors on Monday announced changes in the company's executive ranks that extend all the way to the top echelon. First and foremost, William Lynch has resigned as CEO and director effective immediately. In addition, former CFO Michael Huseby has been appointed CEO of ...

Things are looking better and better for Michael Dell's proposed $24.4 billion leveraged buyout offer for the company he founded. Following hard on the heels of repeated disapprovals of a competing offer from billionaire investor Carl Icahn, a special committee of Dell's board of directors announced...

If you've been looking at your watch to read your emails today, there's a good chance that you're a Kickstarter backer. Kickstarter is a Web-based crowdfunding platform that's designed for raising money from the public. Project creators pick a deadline and required funding level. Donors pledge money...

Billionaire investor Carl Icahn has been nothing if not persistent in his efforts to keep Michael Dell from rebuilding his computer business as a private company, but on Monday Icahn's stock repurchase proposal got the thumbs-down again. A special committee of Dell's board of directors, formed to we...

Google has settled the class-action shareholder lawsuit that had been blocking a stock split it originally announced last year, the company said Monday, paving the way for it to move forward with the split as planned. The suit's settlement was an eleventh-hour development in this 14-month storyline,...

Top executives are leaving HTC as the smartphone company's market share dwindles rapidly, according to published reports. The latest to depart is HTC Asia CEO Lennard Hoornik, who joins at least five other senior executives. Those include product strategy manager Eric Lin, who issued a tweet urging ...

Clearwire's special committee and its board of directors recommended that shareholders approve Sprint's increased offer to buy the remaining half of the company. Sprint already owns about 50 percent of Clearwire. It upped its bid to purchase the remaining stake by 14 percent Tuesday, offering $3.40 ...

Two of Dell's largest stockholders, Carl Icahn and Southeastern Asset Management, have teamed up to propose an alternative to Michael Dell's plans to take his computer company private. The new deal on the table, issued in a letter to board members, involves a leveraged recapitalization that will pay...

Michael Dell, CEO of the PC maker that bears his name, may be considering a buyout offer from the Blackstone Group -- a bid that competes with a deal he put together himself -- but only with some serious strings attached. Apparently he not only wants the company to retain the Dell moniker, but also ...

Dell confirmed Monday that two new possible buyers have submitted bids for the company: Boulder Acquisition Corp. and its Blackstone Group affiliate; and perennial corporate raider Carl Icahn. Dell has already accepted an offer made earlier this year by founder Michael Dell and Silver Lake, but it i...