According to a US federal government complaint filed last week Friday, Ausaf Umar Siddiqui used his position at Fry’s Electronics to set up kick-back deals with electronics vendors.  The deals had Fry’s paying over 30% or more for equipment, including flash drives and network routers, with kick-back money going into a shell company owned [...]

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Palm’s troubles represent a familiar theme: how to re-brand a failing company, and turn it back into the success that it once was.
Palm will be getting a much needed injection of cash from Elevation Partners, in the amount of $100 million USD.  In details disclosed in a Palm company press release on Monday, Elevation [...]

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