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Sprint's SEC filings have revealed that the carrier has committed to purchasing $15.5 billion worth of iPhones as part of the long-promised $20 billion gamble. If each handset costs around $630 at trade, then we're talking about the network holding nearly 24 million units. Given that the company mo

2 years ago 0 Comments
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Hey, look, it's a major international corporation getting in trouble for bribery, and it isn't Samsung! This time it's home grown Big Blue, choosing to settle with SEC over allegations that its employees have spent the last 15 years or so illegally bribing and wooing foreign officials to score them

3 years ago 0 Comments
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Dell announced back in June that it's set aside a $100 million reserve fund for a potential settlement, and it looks like it's now finally going to have to use it -- a federal judge has today approved a settlement with the government for that very amount in a long-standing civil fraud case brought b

4 years ago 0 Comments
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Looks like Dell might finally be at peace with the US Securities and Exchange Commission -- for now at least. The company has announced that it's reached a settlement for \"alleged omissions prior to Fiscal 2008\" regarding both its relation with Intel and some accounting this-and-that. In a nutshell,

4 years ago 0 Comments
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Okay, we've got lots of Palm news tonight, so take our hand and let us walk you through it. For starters, the company filed a 8-K report with the SEC today, which is a requirement when major changes (e.g. a merger with HP) are happening. According to the paperwork, the transaction / acquisition was

4 years ago 0 Comments
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Palm and HP seem like the happiest of corporate couples right now, but theirs was a heated courtship: according to Palm's latest statement to shareholders, a total of 16 companies were contacted about a deal, and HP was the winner of a month-long bidding war that involved serious offers from five c

4 years ago 0 Comments
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Seriously, Blockbuster can't seem to get a break. In a recent SEC filing, the company identified 18 percent of its retail outlets it deemed unprofitable and announced plans to close up to 960 stores by the end of 2010. That's divided into up to 685 by the end of this year and the remaining 275 the

5 years ago 0 Comments