2.7 billion is a huge fortune but HP has it can afford to spend it on 3Com. 3Com is an established name in networking field. So, it seems to me that HP is expanding its business in this field.
CNN Money has more:
The deal is worth $7.90 per share of 3Com (COMS), which is 39% higher [...]
Right now, Microsoft is the richest company in the world and the main reason behind their richness is the matter that with some exceptions, almost all the computers in the world have Windows Operating System (OS). Until now, no company could make any impact in the total dominance of Windows in this market segment. Linux [...]
In the last few days, in my Laptop Computer Blog, I have been writing a lot about Black Friday 2009. Hopefully, we will cover it more in that blog. Well, this time, the retailers in USA have started some early with deals with the hope that they can attract consumers. It is important for the [...]
This is surely bad news: 10.2% unemployment figure in America. It shows that the impact of economic recession is still there although big companies are earning good money. The stimulus package of President Obama is surely giving some positive feedback in the economy but he has to fight against the growing trend in losing jobs [...]
China is a communist country and no one should be super rich. Super rich people are supposed to be in capitalism not in communism. However, we know that for the last one decade, China has been promoting the some kind of restricted capitalism and allowing private ownership. So, it should not come to you as [...]
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