Dell restates profits after probe

Computer company Dell has said it will restate four year’s worth of accounts because figures were tweaked so that the firm could meet earnings targets.

Dell said that the changes would cut about $150m (£75m) from its net profit, less than many analysts had predicted.

An audit found that “certain adjustments appear to have been motivated by the objective of attaining financial targets”, Dell explained

Dell sued over ‘false’ ads claims

Dell, the world’s largest computer maker, is facing legal action in China over allegations of false advertising.

The group has been sued over charges its laptops contained a different, cheaper chip than those advertised.

According to state media reports at least 20 lawsuits have been filed against the Texas-based firm