Apple Issues Statement About Returning Cash to Shareholders

Apple Issues Statement About Returning Cash to Shareholders

www.macrumors.com
New Apple has issued a press release reiterating its commitment to return some of its extremely large cash pile to shareholders, saying that Apple management and the Board of Directors are in "active discussions" about how to return cash to shareholders. This follows letter sent to Apple shareholders this morning by...
Apple Issues Statement About Returning Cash to Shareholders
                                       

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Apple to 'evaluate' hedge fund's cash demand

news.cnet.com
New In a response to a legal threat from a prominent shareholder, Apple says it's still evaluating its cash pile options. [Read more]...
Apple to 'evaluate' hedge fund's cash demand

Habbo makers Sulake acquired by Finnish telecom firm Elisa after child sex scandal and CEO switch

thenextweb.com
Finnish telecom and ICT company Elisa has acquired Sulake, the company behind the youth-oriented community site / social game Habbo Hotel. The news was first reported on ArcticStartup. Elisa, which serves approximately 2.2 million consumers in Finland, was already a significant shareholder of Sulake. The deal sees the telecom and...
Habbo makers Sulake acquired by Finnish telecom firm Elisa after child sex scandal and CEO switch

Kim Dotcom's Mega gets a new CEO: Entrepreneur and open Internet advocate Vikram Kumar steps in

thenextweb.com
Kim Dotcom’s Mega has today announced that it has appointed entrepreneur and open Internet advocate Vikram Kumar as its new CEO, to replace interim chief Tony Lentino. Kumar joins Mega after three years as CEO of InternetNZ — a non-profit organisation that works to protect and promote an open Internet in New Zealand and oversees...
Kim Dotcom's Mega gets a new CEO: Entrepreneur and open Internet advocate Vikram Kumar steps in

Dell sold to Microsoft, Silver Lake for $24 billion: What it means for the PC

www.extremetech.com
In an unexpected and exciting twist for the PC industry, Dell -- pending regulatory and stockholder approval -- has been sold to Microsoft, Silver Lake, and Michael Dell himself for $24.4 billion. Michael Dell retains the largest shareholder with 16%, and will continue to run the company. Microsoft's part of...
Dell sold to Microsoft, Silver Lake for $24 billion: What it means for the PC

Seeking Apple shareholders who lost $750,000 or more

tech.fortune.cnn.com
Law firm investigating claims that brokerage firms failed to protect their clients FORTUNE -- A press release crossed the business wires Thursday that's likely to catch the eye of many a frustrated Apple (AAPL) shareholder: "The Securities Arbitration Law Firm of Klayman & Toskes," it begins, "announced today that it...
Seeking Apple shareholders who lost $750,000 or more

This Chart Must Be Utterly Brutal For Microsoft Executives To Look At (MSFT)

www.businessinsider.com
It used to be that Microsoft would release a new version of Windows and both its sales and stock price would spike. No longer. Reuters blog "The Knowledge Effect" put together an incredible series of charts showing how this trend. It must be brutal to look at if you are...
This Chart Must Be Utterly Brutal For Microsoft Executives To Look At (MSFT)

Microsoft reports Q2 2013 earnings: posts record revenue of $21.5 billion, $6.38 billion profit

www.engadget.com
This isn't the end of earnings season, but this is the final member of the unholy trinity. Microsoft is reporting that during the second quarter of its 2013 financial year it set a revenue record by raking in $21.5 billion. Of that $6.38 billion was pure profit, lining shareholder's...
Microsoft reports Q2 2013 earnings: posts record revenue of $21.5 billion, $6.38 billion profit

Nokia swings back into profit

www.bbc.co.uk
Finnish mobile phone company Nokia returned to profit at the end of 2012, but will pay no shareholder dividend....
Nokia swings back into profit

Pinterest lands $30 million in secondary sale investment from VC firm SVAngel

thenextweb.com
Pinterest has landed $30 million in funding from SVAngel after the VC firm made a secondary sale investment in the popular social pinboard-themed sharing site, as TechCrunch reports. The money was raised through a separate fund — SV Angel-III Growth P – which was first spotted via a regulatory filing. TechCrunch...
Pinterest lands $30 million in secondary sale investment from VC firm SVAngel
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