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Shares of Sun Microsystems Inc dropped on Monday after a source with knowledge of the matter told Reuters that IBM's talks to acquire its smaller rival broke down.

Shares of Sun Microsystems Inc dropped on Monday after a source with knowledge of the matter told Reuters that IBM's talks to acquire its smaller rival broke down.

Shares of Sun Microsystems Inc dropped on Monday after a source with knowledge of the matter told Reuters that IBM's talks to acquire its smaller rival broke down.

Shares of Sun Microsystems Inc dropped on Monday after a source with knowledge of the matter told Reuters that IBM's talks to acquire its smaller rival broke down.

IBM's talks to acquire smaller computer and software rival Sun Microsystems Inc broke down on Sunday after Sun rejected IBM's $7 billion offer, a source with knowledge of the matter said.

IBM and Sun Microsystems Inc broke off acquisition talks after Sun indicated it was unhappy with IBM's offer of $9.40 or below per share, a source with knowledge of the matter said on Sunday.

Talks between IBM Corp and computer and software company Sun Microsystems Inc are on the brink of collapse, The Wall Street Journal reported on its website on Sunday.

International Business Machines has lowered its offer price for Sun Microsystems to $9.50 a share from $9.55 a share, although they are still in talks and the deal is not final, a source with knowledge of the matter said on Saturday.

For IBM, buying Sun Microsystems Inc makes a lot of good business sense: It removes a competitor, strengthens IBM against rival Hewlett-Packard and picks up on the cheap the intellectual property of one of Silicon Valley's most respected companies.

Stocks rose on Friday, with the Dow marking its best four-week winning streak since 1933, lifted by robust results from Research in Motion and comments by Fed Chairman Ben Bernanke, who said the central bank will do everything it can to stabilize banks.

Stocks rose on Friday, with the Dow marking its best four-week winning streak since 1933, lifted by robust results from Research in Motion and comments by Fed Chairman Ben Bernanke, who said the central bank will do everything it can to stabilize banks.

The combination of global titans IBM and Sun could be the most expensive ever acquisition in tech history, but according one analyst, this could also be the messiest.

IBM cut its offer for Sun Microsystems Inc to $9.55 a share after a thorough vetting and may soon unveil details of its largest- ever takeover, a source with knowledge of the matter said on Thursday.

IBM cut its offer for Sun Microsystems Inc to $9.55 a share after a thorough vetting and may soon unveil details of its largest- ever takeover, a source with knowledge of the matter said on Thursday.

International Business Machines and Sun Microsystems may announce a takeover deal next week, a source with knowledge of the matter said on Thursday, showing IBM may be completing a lengthy review ahead of what would be its biggest acquisition.

International Business Machines Corp said Thursday it will cut its bid for Sun Microsystems Inc to an offering price ranging $9 to $10 a share.

IBM cut its offering price for Sun Microsystems Inc to $9 to $10 per share, The Wall Street Journal reported on Thursday.

IBM will sell a suite of Web-based collaboration software for businesses, including contact management, instant messaging and file sharing programs, the computing giant's biggest effort to date to sell software as a service.

As IBM's negotiations to buy Sun Microsystems Inc enter another week, some analysts are weighing the risks in what could be the biggest U.S. technology deal this year.

Web entrepreneurs are increasingly embracing new technologies from cloud computing to new computer languages to try and slash costs as investors disappear because of the recession.

IBM's talks to acquire Sun Microsystems Inc are continuing and may extend beyond next week, according to a person with knowledge of the matter.

Satyam Computer Services Ltd's search for a buyer suffered a setback on Thursday, as a source said IBM is not in the bidding, while India's Spice Group remains undecided about its participation.

For decades, the United States beckoned as the land of opportunity for bright, young Indians, lured by the prospect of prestigious university degrees followed by jobs on Wall Street or in Silicon Valley.

The board of Satyam Computer Services has shortlisted about eight bidders, including IBM and private equity firm Apax Partners, for buying the fraud-hit outsourcer, the Economic Times said on Thursday.

IBM will cut about 5,000 jobs in the United States, adding to similarly large cuts in the past few months, sources with knowledge of the matter told Reuters on Wednesday.

Corrects to end-2008, not 2009, paragraph 5

Intel Corp Chief Executive Paul Otellini said IBM's discussions to acquire Sun Microsystems Inc are likely to succeed for one ringing reason: Money Talks.

Stocks retreated on Wednesday as technology shares fell after news IBM is planning layoffs and a disappointing Treasury note auction raised concerns of flagging foreign interest in U.S. government debt, which could bode poorly for the economy.