SAN FRANCISCO (Reuters) – Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company’s billionaire founder, reported a 79 percent slide in profit as personal computer sales continued to shrink.
The disappointing results lend weight to Michael Dell’s effort. The man who started Dell from a college dorm room wants to take the world’s No.3 PC maker private for $24.4 billion, arguing its transformation into a provider of enterprise computing services is best done away from market scrutiny.
David Beckham is retiring…
Google CEO Larry Page talks about his voice disorder. https://t.co/7FxgjqNgYD
Nest Labs is scaling fast.
The Silicon Valley company formed by Apple alums Tony Fadell and Matt Rogers, who helped build the consumer gadget giant’s iPod and iPhones, has acquired Boston-based startup MyEnergy. The fledgling company helps homeowners understand their total energy use by presenting and analyzing all their electric, gas and water usage over certain time periods, and comparing it to other other homes in the neighborhood.
MyEnergy, which has been working with utility Minnesota Valley Electric Cooperative, will help Nest in its push to form partnerships with other utility companies to get the power-saving “Nest” thermostat into more U.S. households.