Zuckerberg, Schmidt, Mayer and others back FWD.us tech political lobby group

If you thought that Mark Zuckerberg's aspirations ended at commanding your smartphone, then think again. The Facebook chief has teamed up with a raft of other tech heavyweights including Eric Schmidt, Marissa Mayer and Elon Musk to form FWD.us, a political lobby group designed to promote tech-friendly causes. The first issue it wants to tackle is immigration reform to make it easier to woo foreign engineering talent, but it also has designs on scientific research, education reform and job creation. Evidently, these people still have spare time even after their stressful day jobs.

Via: TechCrunch

Source: FWD.us

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By: Unknown On 10:27 AM

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Potential Dell bidding war afoot as Blackstone Group and Carl Icahn 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.

Source: The Wall Street Journal, Reuters

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By: Unknown On 10:53 PM

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