Five ex-Dell employees are suing the tech giant, alleging its 401(k) plan mismanagement cost workers over $318 million. The lawsuit claims Dell violated federal law by keeping workers in underperforming investment funds while profiting from its own products. This class action seeks to recover losses and reform the retirement plan’s operations. Five former Dell Technologies…
Michael Dell (Image source: Reuters) Michael Dell is a well-known business leader who started Dell Technologies, which is one of the biggest computer companies in the world. He started his business while he was still in school and turned it into a global brand that makes computers, servers, data storage systems, and other tech products….
JPMorgan CEO Jamie Dimon has formed a high-profile advisory council, including tech titans and defense leaders, to guide a massive $1.5 trillion national security spending plan. The initiative aims to bolster American self-reliance by investing in critical technologies and reducing dependence on foreign suppliers, particularly China. A new $10 billion fund will back companies in…
Major PC manufacturers Dell and Lenovo are preparing significant price increases on laptops and desktops, with hikes of 15-20% expected as early as mid-December, according to market analysis firm TrendForce. The moves come as an “unprecedented” memory shortage driven by AI data center demand sends component costs soaring.Lenovo has begun warning retail and enterprise customers…
Dell CEO and founder, Michael Dell is planning to donate $6.25 billion to a new savings program for American children. The program which is now known as the Invest America accounts was formerly called ‘Trump Accounts’. This contribution will put $250 into the accounts of 25 million American children when the program starts next year….
Billionaires Michael and Susan Dell on Tuesday announced a $6.25 billion commitment to encourage American families to open the new children’s investment accounts created under President Donald Trump’s tax and spending legislation, according to AP. The pledge is intended to reach 25 million children under the age of 10 by seeding each eligible account with…
Tesla shareholders on November 6 approved Elon Musk’s $1 trillion pay package. 75% of the shareholders voted in favour of the package that was first proposed in September this year. The $1 Trillion pay package will now be finalised in a Securities and Exchange Commission (SEC) filing in coming days. Dell CEO Michael Dell congratulated…
Michael Dell, CEO of Dell Technologies has voiced his support for US President Donald Trump’s handling of US-China trade tensions. Dell thanked Trump in a strikingly similar to Trump’s own social media style. Dell reposted Trump’s message on social media platform X (formerly known as Twitter), which downplayed fears of a trade war and also…
The TikTok app logo appears in Tokyo US President Donald Trump on Sunday floated the names of several prominent billionaires — including media mogul Rupert Murdoch, his son and Fox Corp. chief Lachlan Murdoch, Dell Technologies founder Michael Dell, and Oracle’s Larry Ellison — as potential participants in a deal for the United States to…