The once leading mobile phone maker in Japan, said that it would stop making smartphones. NEC has become the latest Japanese smartphone maker to fall by the wayside, underlining the failure of the ... more 
The once leading mobile phone maker in Japan, said that it would stop making smartphones. NEC has become the latest Japanese smartphone maker to fall by the wayside, underlining the failure of the country?s once-proud electronics industry to keep pace with the likes of Apple and Samsung. Dell Incorporated CEO Michael Dell and his private equity partner Silver Lake expect their deal to buy the Number 3 PC maker to collapse, a source familiar with the matter said. That is, unless the company's special committee changes how votes on the transaction are counted. Facebook's stock price has passed its $38 IPO price for the first time since its rocky initial public offering more than a year ago. Shares of Facebook Inc. are up 1.2 percent to $38.08 in morning trading. less 
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Wed, Jul 31, 2013 1:13 PM EDT