Dell pushes on with EMC acquisition

EMC logoIt looks like the speculation that Dell wants to buy EMC appears to have more legs than many thought.

Earlier this week, the Wall Street Journal posted a story suggesting a deal was in the offing. But it has followed that original story up by saying that the deal, with its buddies at Silver Lake, would require $50 billion to be available.… Read the rest

PC shipments fall further

elepantsIt looks like any hopes that Windows 10’s launch might improve PC sales have proven wrong and sales of PCs have dropped further.

Beancounters at market research firm Gartner have added up the numbers and divided by their shoe size and worked out that worldwide shipments of personal computers fell 7.7 percent to 73.7 million units in the third quarter as a stronger dollar made them costlier.… Read the rest

Nokia gets key internet link

wellington-bootAlcatel-Lucent is refusing to sell  its undersea cables unit, which means that the former rubber boot maker Nokia will get its paws on the operation after completing its acquisition of the Franco-American group.

Nokia is spending $17 billion on Alcatel-Lucent as it wants to better compete with market leader Ericsson and low-cost Chinese powerhouse Huawei.… Read the rest

Apple fingered as the worst tax avoider in the US 

tim-cook-apple-ceoFruity cargo cult Apple is one of the worst US tax avoiders, according to new statistics compiled by the Citizens for Tax Justice and the US Public Interest Research Group Education Fund.

The study found that nearly three-quarters of the firms on the Fortune 500 list of biggest American companies by gross revenue operate tax haven subsidiaries in countries like Bermuda, Ireland, Luxembourg and the Netherlands.… Read the rest