Technology company Dell Inc. says a preliminary tally of votes from its recent special meeting shows that a majority of stockholders have approved the proposal to let company founder Michael Dell acquire the business in partnership with investment firm Silver Lake Partners.
The transaction is expected to be completed in the next few months, subject to regulatory approval.
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iPhone, iPhone, so good they made it twice
Mark Bridge writes:
iPhone, iPhone. Two of ‘em, one dearer than the other but neither especially cheap. One with a 64-bit look-at-me-I’m-fast processor, the other much like an iPhone 5 with a coloured rear panel.
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The market for portable GPS-enabled devices is forecast to grow from 33.3 million units last year to 36.79 million in 2018, despite an anticipated dip this year.
Similarly, total revenue from these device is expected to fluctuate for the next couple of years but will rise to $7.14 billion (£4.5 billion) in 2018.
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Vodafone UK has announced the successor to Guy Laurence.
Mr Laurence is leaving his CEO role after five years to become President and Chief Executive Officer of Rogers Communications in Canada.
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Twitter has announced - in a Tweet, naturally - that it’s submitted paperwork to the US Securities and Exchange Commission for a planned Initial Public Offering (IPO).
It’s described the submission as ‘confidential’ because it’s a relatively small business and therefore didn’t need to reveal any information under US law at the moment.
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