MICHAEL DELL

Dell, the No. 2 U.S. PC maker, plans to restart its venture capital unit as Dell Corporate Ventures. To head it, it designated Norwest Venture Partners executive Jim Lussier.

Teddy Forstmann, the 71-year-old beau of Top Chef host Padma Lakshmi, died of brain cancer on Sunday.

Dell, the No. 2 PC maker, reported third-quarter net income rose nine percent, or 49 cents a share, ahead of estimates largely due to stronger sales to enterprise clients.

Shares of Dell, the No. 2 PC maker, rose slightly Monday, ahead of the company’s third-quarter earnings report scheduled for Tuesday. Investors await news on Dell’s moves upscale as well as supply shortages caused by floods in Thailand.

U.S. President Barack Obama joined an outpouring of tributes to Steve Jobs, calling the Apple co-founder a visionary and great American innovator.

The death of Apple Inc co-founder Steve Jobs prompted an outpouring of comments and tributes from political, technology, entertainment and business leaders. A selection:

President Barack Obama joined an outpouring of tributes to Steve Jobs, calling the Apple co-founder a visionary and great American innovator.

The Facebook CEO is richer than Google founders Sergey Brin and Larry Page who have a personal wealth of $16.7 billion each

Mark Zuckerberg edged out Larry Page and Sergey Brin for the first time on the Forbes 400, its annual list of the richest people in America.

Dell shares get pounded before the markets even opened

Shares of Dell Inc fell 7 percent in pre-market trading on Wednesday, a day after the world's second-largest PC maker slashed its full-year revenue forecast, weighed down by weak technology spending.

Dell Inc slashed its 2012 revenue forecast as an already weak outlook for technology spending this year worsened, sending its shares more than 7 percent lower.

Dell Inc posted quarterly revenue slightly below expectations and said sales for the present quarter would be flat, sending its shares down 4.9 percent in after-hours trading.

Dell;'s earnings may show progress, moves in tablets and smartphones

Auriga USA has raised its profit estimates of PC maker Dell, Inc. (NASDAQ: DELL), saying that the company's margin expansion story will continue even in a more challenging economic environment.

Dell Inc expects acquisitions to remain a critical focus for the computer maker, which is expanding into areas such as storage and services, according to its top executives.

U.S. startup Fusion-io, backed by computing pioneers Steve Wozniak and Michael Dell, says it can outwit computer-storage incumbents like EMC which have too much invested in old technology.

Dell Inc's annual revenue in India is nearing $2 billion and the world's No. 2 maker of personal computers plans to add more staff in the country, its chief executive said.

Dell Inc posted much better-than-expected profit and margins, as large and small businesses continued to spend on new technology hardware.

Dell Inc hopes healthy business spending and favorable component costs will help it build on recent progress to improve profitability -- and convince investors still not sold on its turnaround efforts.

The gathering of business elites at Davos may witness the greatest concentration wealth in any one locale in history.