To an open democratic process. The quartet has helped Tunisia become the most successful Arab Spring country. Its efforts were galvanized in 2013, when two political assassinations shook the country. That’s when the Tunisian people decided that enough was enough. There is still hard work to be done, but the Nobel is a signal of confidence that Tunisia is on the right path.
Gray served as U.S. ambassador to Tunisia from 2009 to 2012 lay claim to the earliest modern humans.
The prestigious Man Booker Prize, by Marlon James, for his novel A Brief History of Seven Killings. The Jamaican author will receive about $80,000.
By a Milwaukee jury, that firearms retailer Badger Guns pay $5.73 million to two police officers who were shot with a gun purchased at one of its stores. It’s a rare instance of a gun store being held liable for negligently selling a firearm.
Dell builds a $67 billion empire
ON OCT. 12, DELL ANNOUNCED plans to acquire IT provider EMC Corp. in the biggest pure technology tie-up ever. The deal—which would create a giant worth an estimated $67 billion at a time of massive shifts in the technology world—is a gambit by CEO Michael Dell (below) to transform the company he started in the mid-1980s from his dorm room at the University of Texas at Austin:
DEATH OF PCs Dell, now 50, got his name into millions of American homes by selling custom computers directly over the Internet—a revolutionary idea at the time. Dell still makes home computers, but PC sales have been steadily falling for years, according to research firm IDC. Once the world’s top seller of PCs, Dell now trails rivals Lenovo and Hewlett-Packard.
THE CLOUD Dell has been trying for several years to turn his company into a provider of diverse business- technology services. Though selling such high-end gear is lucrative, many companies are increasingly switching to using cloud computing from the likes of Amazon. Merging with EMC, which has a broad range of cloud- based businesses, could help Dell keep pace.
BUCKING TRENDS Big
breakups, not mergers, are the rage these days.
Such moves are partly a response to stockholder campaigns. Dell, however, took his company private in a 2013 leveraged buyout worth $24.4 billion.
That move insulated Dell from Wall Street’s demands. —ALEX FITZPATRICK