White House to host innovation talk with tech CEOs

The White House is set to host a roundtable discussion next week that will include a number of tech CEOs, the Wall Street Journal reports. A White House email says those attending will discuss "bold, transformational ideas" that "can help ensure US l...

Potential Dell bidding war afoot as Blackstone Group and Carl Icahn reportedly making offers

Potential Dell bidding war afoot as Blackstone Group and Carl Ichan reportedly making offers

Thought that Dell buy out was a done deal? Well, the Blackstone Group and investor Carl Icahn clearly don't think so, with the Wall Street Journal reporting that both have contacted the committee of Dell's board just before Friday's shutoff deadline. The would-be bidders are reported to be working on their actual offer amounts, and in the process buying them four more days thinking time. Reuters reports that Blackstone's tentative offer is already in, according to sources, but at this time the company is yet to comment. Despite a recent slump in profits, Michael Dell surprised many when he announced his intention to buy back the eponymous firm in a deal with Microsoft for $24.4 billion. So, if the founder thought he had the keys to the old estate back, he might just have to wait a little longer.

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Source: The Wall Street Journal, Reuters