PRESS DIGEST - Wall Street Journal - Jan 15

Tue Jan 15, 2013 2:16am EST
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Jan 15 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

* Dell Inc has held talks recently with buyout firms Silver Lake Partners and TPG about going private as the technology company struggles to find a new course for itself following the end of the personal-computer boom. ()

* United Parcel Service Inc abandoned a nearly $7 billion bid for Dutch parcel-delivery company TNT Express NV after encountering stiff objections to the deal from European antitrust regulators. ()

* Apple Inc has cut its component orders for the iPhone 5 because of weaker-than-expected demand, people familiar with the situation said on Monday, indicating sales of the latest smartphone haven't been as strong as anticipated. ()

* The French government on Monday agreed to pay state-controlled power utility Electricite de France SA 4.9 billion euros ($6.55 billion) to cover subsidies related to green energy and the poor, eliminating a key area of financial uncertainty for investors. ()   Continued...