Michael Dell and Silver Lake Partners may have to pay tens of millions to investors who opposed the deal for the computer maker as they have been ruled by a a Delaware judge to have underpriced their 2013 $24.9 billion buyout of Dell Inc by about 22 percent.   For the specialized hedge funds...

Heads of oil companies have traditionally been considered one of the highest paid managers in the world. And, as it turned out, their remuneration’s model is so wrong that it harms the entire sector. What if workers would not receive the money not for produced goods or a comparable coefficient, but...

With a £2bn contract for new Apache helicopters set to be awarded to Boeing, the UK’s Ministry of Defence is poised to hand another major deal to a US company.   The deal has been at the centre of efforts for  anumber of companies. one such company is Leonardo, the Italian aerospace...

Just four words, "there is nothing there", were used by Monsanto Co President Brett Begemann when asked how the world's largest seed company he helps lead might fit with German drugs and crop chemicals group Bayer AG by a small group of investors last week. The disclosure of Bayer's confidential,...

In addition to the 2014 hack on Sony Pictures, the attack on a bank in the Philippines have been linked to the hackers who stole $81 million from Bangladesh's central bank, says cybersecurity company Symantec Corp in a blog post.   North Korea was blamed for the attack on Sony's Hollywood...

British Competition and Markets Authority accused five major models agencies, including those who worked with Kate Moss and Linda Evangelista, of price-fixing. UK Competition and Markets Authority charged the five largest agencies in the Kingdom of price collusion, writes The Times. The agencies...

E-commerce is one of the areas where virtual reality will open a new level of user interaction, and digital content. Practical examples of specific projects will not be long in comping: eBay announced start of trading in virtual reality. EBay, in partnership with the Australian retailer Myer store,...

Expanding the largest-ever auto safety push, documents posted by U.S. regulators showed that more than 12 million U.S. vehicles for defective Takata air bags were being recalled by eight automakers.   The announcement was made on Friday.   According to the U.S. regulators documents,...

A deal between Kambia and ServicePower has been officially announced. ServicePower Technologies which is a software company for managing work-force has made an announcement whereby it has won a “new contract”. Consequently, the company has secured a deal with Kambio, the latter is a service...