BlackBerry will take a loan from its principal shareholder and name John S. Chen chairman and interim CEO.

SoftBank amended its offer to give shareholders more cash, while Sprint said it had ended talks with rival bidder Dish.

Apple could be sued by shareholders if it doesn't do something with the $137.1 billion in cash and investments it has.

Announcement comes before annual shareholder meeting.

Despite a couple dozen protestors sporting "Make Ethical iPhones" signs, the mood at Apple's annual shareholders meeting, held Thursday morning at the company's Cupertino campus, was celebratory--both for shareholders in general and for some shareholder activists.

The deal still requires clearances from regulators in the U.S. and other countries.

Novell's shareholders have approved the sale of the company to Attachmate for about US$2.2 billion, although the deal depends on Novell getting approval to sell hundreds of patents to a consortium led by Microsoft.

The former CEO of networking software company Comverse Technology has agreed to forfeit US$46 million to help cover shareholder lawsuits against the company he founded.

Hewlett-Packard's board of directors has been hit with a shareholder lawsuit alleging mismanagement and breach of fiduciary duties following last week's abrupt departure of Chairman and CEO Mark Hurd.

Two labor unions have asked Dell shareholders to withhold their votes for Chairman and CEO Michael Dell to remain as a director on the company's board following a US$100 million accounting practices settlement the company made with the U.S. Securities and Exchange Commission.

Cisco has given shareholders of Norwegian videoconferencing vendor Tandberg about two more days to accept its US$3.4 billion buyout offer.

3Com Corp.'s board of directors is facing a lawsuit over the proposed acquisition by Hewlett Packard Development Company LP, but a financial analyst who studies Ethernet switching argued if approved, both vendors would benefit from the deal.

Yahoo CEO Jerry Yang cited the growing online advertising market and his company's position to take advantage of that growth as reasons for shareholders to reject Microsoft's acquisition bid, he said in a letter to shareholders Wednesday.

BEA Systems' board of directors should let company shareholders decide whether to accept Oracle's purchase offer of $17 per share, Oracle CEO Larry Ellison said Friday.

Apple Computer Inc. CEO Steve Jobs apologized to shareholders Wednesday after an internal investigation found that he had been aware of the company's practice of "backdating" employee stock options.