Dell Inc is close to finishing a $23 billion deal to take itself private between $13.5 and $13.75 a share. Read here. Newer reports suggest that the buyout is backed by Microsoft. Bloomberg reports that Silver Lake Management LLC will invest over $ 1 billion and Microsoft will invest about $2 billion. Read here.

Samsung has launched strategy and innovation center into which the phone maker will invest $1.1 billion through two funds. Read here.

Fallen Internet activist Aaron Schwartz’s girlfriend explains why she thinks she committed suicide. Read here.

Facebook Is Said to Create Mobile Location-Tracking App. The app is scheduled for release for mid March and can help you find nearby friends. Read here.

Anonymous posts over 4000 U.S. bank executive credentials: Anonymous appears to have published login and private information from over 4000 American bank executive credentials its Operation Last Resort, demanding US computer crime law reform. Read here.

Indian government will spend $6.9 bn on Technology in 2013: The Indian government will spend nearly $6.9 billion on technology products and services in 2013, up by 10.5 % over 2012, according to a new report. Read here.

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