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Tuesday, June 18, 2013

Technology Report: Icahn seeks Dell share buyback, buys Southeastern stock

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06/18/2013
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Icahn seeks Dell share buyback, buys Southeastern stock
(Reuters) - Billionaire investor Carl Icahn on Tuesday laid out a new proposal for Dell Inc, calling on the No. 3 PC maker to buy back 1.1 billion shares and allowing the activist to become a larger stakeholder.
Huawei says has no plans to buy Nokia
NEW YORK (Reuters) - Chinese network equipment and cellphone maker Huawei Technologies Co said it "has no plans to acquire Nokia", responding to a Financial Times report that it would consider buying the Finish phone maker.
Siemens solicits private equity offers for NSN stake: sources
FRANKFURT (Reuters) - German industrial conglomerate Siemens is seeking offers from private equity firms to buy its stake in its telecoms equipment joint venture Nokia Siemens Networks (NSN), three sources familiar with the discussions said on Tuesday.
Toshiba to cut TV business costs by $104 million this fiscal year: Nikkei
(Reuters) - Japan's Toshiba Corp plans to cut about 10 billion yen ($104 million) in costs this fiscal year by reorganizing its network of television factories in Indonesia, China and Poland, the Nikkei said, citing company sources.
Hewlett-Packard moves printer, PC exec Bradley into new job
NEW YORK (Reuters) - Hewlett-Packard Co said on Tuesday that Todd Bradley, the head of its largest unit, printing and personal computers, will take on a new job, improving HP's China business and extending channel partner relationships around the world.
Huawei launches world's slimmest smartphone
LONDON (Reuters) - China's Huawei unveiled its flagship smartphone, the Ascend P6, at its first standalone launch event on Tuesday, underlining its ambitions to compete with Apple and Samsung in the top tier of mobile technology.
GE moves into 'Industrial Internet' service with Amazon
(Reuters) - General Electric Co joined forces with Amazon Web Services on Tuesday to make a wide range of data on products, including jet engines and gas turbines, available online so they can be analyzed.
Months after Sandy, solar chargers for mobile phones debut in NYC
NEW YORK (Reuters) - New York City unveiled the first of 25 free solar charging stations for mobile phones on Tuesday, installed in response to Superstorm Sandy, which wiped out power and forced residents to walk miles to charge their phones.
Third Point ups Sony stake, calls for independent entertainment board
TOKYO (Reuters) - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, Kazuo Hirai, as its chairman.
Yahoo says it had as many as 13,000 data requests
(Reuters) - Yahoo Inc said U.S. law enforcement agencies made between 12,000 and 13,000 requests for data in the last six months, the latest in a series of disclosures by technology companies since intelligence leaks showed the extent of government data gathering efforts.
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