Pros and Cons of Dell going Private

Dell worlds third largest maker of PC's is in talks to sell itself to a consortium of buyers led by Michael Dell (Founder & CEO), Silver Lake Partners and Microsoft. The deal might be in the stock price range of $13 to $14.5 and would value company in the range of $22 billion to $24.5 billion. The deal might finalise in the first or second week of February, but speculation indicate it as early as Monday, 4 February. With the privatisation Michael Dell will be the majority share holder, where as Silver Lake and Microsoft will be minority shareholders.

Microsoft Surface Pro 64GB: has a monstrous belly!!

Microsoft’s Surface Pro tablets would hit the shelves on February 9, with Windows 8 is priced at $899 for 64GB and S999 for 128GB. The features of Surface is impressive has a multi-touch 10.6-inch screen with 1920x1080 resolution, Intel Core i5 processor, 4GB of RAM, USB 3.0, an integrated Intel GPU.

What’s in name? Ask RIM, sorry BlackBerry

About five years ago I didn’t know the maker of BlackBerry Smartphones was RIM (Research In Motion) although I had seen many managers and CEO’s flaunted this device and it was the cool or have to gadget then. But time changed, iPhone came so did Samsung, LG, Sony, etc with touch screen phones and we the younger breed became the cooler lot. Interest in BlackBerry faded and was termed as BalckBrick, if any one flaunted it. RIM was very slow to react to the changes and its stock dwindled since beggining of 2009 and bottomed out to $15 in mid of 2012, which was down 90% of 2008's high.

RIM decided that it will change and showed its intention to the world in May 2012, during the unveiling of its BalackBerry 10 Operating Systems.  It released the BlackBerry 10 and prototype touchscreen phone to developers.

Indian Income Tax department gives Nokia a $2.4 Billion bill for tax evasion

Income tax (IT) department is probing a tax evasion case against Nokia, IT department has released an interim report accusing Nokia for tax and transfer-pricing violations to the tune of Rs.13,000 crore or $2.4 Billion.