IBM sells its x86 server business to Lenovo for $2.3 billion

Giving up a years-long fight for profits in a highly competitive part of the market for powerful networked machines, IBM has agreed to sell its x86 server business to Lenovo for $2.3 billion, the companies announced Thursday...

Juan Mata's £37million transfer to Manchester United accepted by Chelsea

Chelsea have accepted a £37million bid for Juan Mata and immediately released the Spanish international to join Manchester United to complete the most dramatic deal of the transfer window.

Mata will undergo a medical on Thursday at United before completing the move that will see him more than double his £70,000-a-week Chelsea salary at Old Trafford...