HP 3Com: Directors sold company for too little

Shareholders filed a lawsuit last week as they claim that directors of 3Com sold the company to HP for too little. The directors sold the company to Hewlett Packard for $2.7 billion, which we reported in a recent post. David Shaev, a New York bankruptcy lawyer filed the lawsuit last Thursday, according to reports from Tech Crunch. Read more

Online banking transactions and new security software

It has been reported that a UK security company is handing out free software to banks, which will aid them in their attempt to stop the ongoing trend of internet fraud, during online banking transactions. Read more

Ford Stock Price Today: Shares Surging

Ford have had some good news, they have now made their first profit in four years resulting in surging share prices. Ford has seen an increase in their stock price thanks to major cost cutting, the major factor being from job cuts. Read more

Black Friday Deals 2009: Types of products

Black Friday is fast approaching and for those who just hit the shops in the hope of hunting down a bargain, then chances are you will not find anything decent. The best thing for you to do is plan what you want, be it one or multiple items. Read more

Pentax K-x Review: DSLR for Beginners

When it comes to budget DSLR cameras, Pentax certainly has that market covered, and the release of the Pentax K-x is yet another fine example of that. Tech Radar has been spending some time with the new camera and thought they would offer their readers an extensive review. Read more

Volkswagen and Porsche Merger: Reasons to Cancel Deal

The proposed Volkswagen (VW) and Porsche merger has been out of the headlines recently, but according to Norway’s sovereign wealth fund, they believe that the deal should be called off, as it is “unacceptable.” They state that the deal cannot guarantee that shareholders will be treated equitably. Read more

30 New Windows Mobile 6.5 Smartphones before the end of 2009

Microsoft China has announced that there are still more than 30 new Windows Mobile 6.5 Smartphones to be launched by the end of 2009. Benjamin Tan, senior director, GCR Mobile Team Unit said that these new phones would be from 15 different vendors. Read more

Windows 7: When should you buy it?

Windows Vista was never my choice of upgrade; I was forced into the new OS because of purchasing a new laptop. I have never liked Vista and found myself missing XP, so cannot wait until my copy of Windows 7 comes through the post next month. Read more

Chevrolet and GM’s aggressive marketing campaign

It has been revealed that Chevrolet and General Motors are planning an aggressive marketing campaign, in an attempt to convince American consumers that their products are as good as their rivals. Read more

GM, Opel and Magna breaking news

A recent article on Telegraph.co.uk has revealed that General Motors have now agreed to sell all of their European businesses including Vauxhall to Magna, for those of you who don’t know Magna are, they are Canada’s biggest autoparts maker. Read more

2010 Nissan Leaf Electric Car: Hands-on

Nissan has finally taken the wraps of the Leaf, the first all-electric car. The Nissan Leaf will go on sale in Japan, North America and Europe late in 2010; it will seat five adults and has a range of more than 100 miles on a full charge, with a top speed of 190 mph. We have found two great hands-on videos of the 2020 Nissan Leaf, which we have below. Here we have taken some of the keys points from those videos. Read more

Sprint Buys Virgin Mobile USA

Well we’re in a Recession, but nobody seems to have told Sprint that. They have just whacked out a massive $483 million to acquire the majority share of Virgin Mobile.

They have taken over Virgin Mobile and now intend to partner it with their Boost Mobile brand which until that 483 million rolled out of the bank had been in direct competition with Virgin Mobile Read more

GM, Chrysler and U.S. Treasury’s role

The U.S. Treasury has said that they will not step in and get involved in any of General Motors Co (GM) or Chrysler LLC management decisions, even though they have pumped more than $70 billion to help them restructure their companies while in bankruptcy. Read more

Rick Wagoner’s Pension Package: Former GM CEO

Rick Wagoner, the former CEO of General Motors (GM) has now received a pension package worth $8.6m (£5.2m); this was part of his deal after being fired by the Obama administration back in March. This deal took a while to negotiate; we wonder if Wagoner will be happy with the amount? Read more

Intel Sales Are Up: Is this a PC market comeback?

According to Intel quarterly sales are up again for the second consecutive quarter, this is a strong indication that the PC market is beginning to grow stronger, however Dell and a few others disagree, Intel have seen a 12 percent boost in sales when compared to the first quarter this year. Read more

Chrysler Financial is first auto company to repay government loans

According to reports from Reuters, Chrysler Financial has become the first auto company in the U.S. to pay back its loan of $1.5 billion, which they had received from the U.S. Department of Treasury. The loan, which was taken out in January, was to help the company fund vehicle loans, as well as offer incentive programs to Chrysler customers. Read more

Mobile banking taking off thanks to smartphones and 3G

Due to the recent success of smartphones on 3G networks mobile banking is getting more and more popular, this has been achieved by ever improving mobile applications and also the higher percentage of people now using smartphones. Read more

Germany’s state bank rejects Porsche loan request

Porsche has to be doing something wrong, they are one automaker that is profitable and have a huge stake in Volkswagen. The most puzzling thing is, cash is in short supply for the German company and have approached Germany’s state bank for a loan of maker’s 1.75 billion euro ($2.45 billion USD), but the request has been denied. Read more

General Motors (GM) cut’s auto plant ties with Toyota

General Motors has finally cut ties with Toyota on Monday; the two companies had been running an auto plant in northern California for 25 years. This move now means that there is an uncertain future for the plant, which employs more than 5,000 workers. Read more

IBM: Cloud computing is a new way of consuming IT

Following a day long conference IBM took a chance to talk about Cloud Computing. Since late 2007 IBM has been working with 35 universities helping to extend their services to students and researchers. Now it seems that IBM are planning how to start offering this service to businesses. Read more

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