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Best Buy founder one step closer to $11 billion buyout, report says

Best Buy founder Richard Schulze is reportedly closer to making his plans to buy out his creation a reality.

Schulze and private equity firms are currently analyzing Best Buy's books to help them determine the right price to acquire the remaining shares in Best Buy, Reuters is reporting today, citing sources. Those same sources say that the deal could hit as much as $11 billion.

However, there is still a lot of work to be done before Schulze and his partners will even entertain making an offer. According to Reuters' sources, Schulze, who started Best Buy in 1966, has … Read more

Best monitors for movie-watching

Why would anyone want to watch a movie on a sub-40-inch screen? Well, ideally you wouldn't, but we don't all get what we want in life, now do we?

In a perfect world, all screens would span 50 inches diagonally and sport superhigh resolutions. Also, we'd all have enough space to fit them in every room.

Real life just ain't chock-full of unicorns and seven-year wizard colleges, though, and real-life dorms and apartments can be small. Doesn't mean you'd want to miss out on watching movies the way they were intended. Well, at least from a color, black-level, and contrast ratio perspective. We addressed the whole difference-in-screen-size thing earlier.… Read more

Best 24-inch monitors

Monitors that are 24 inches with 16:10 aspect ratios are a dying breed. Their slow demise makes way for the new world order of 16:9.

While the 16:9 aspect ratio and the 1,920x1,080-pixel resolution more closely matches that of movies and mimics HDTVs, some users still find value in the extra screen real-estate afforded by 16:10-based, 1,920x1,200-pixel resolution.

As long as there is enough demand, 1200p monitors will continue to be made, but they're nowhere near as plentiful as say four years ago. With fewer to choose from than before, knowing which are the best is where I and this blog come in, could be very helpful.

Personally, I prefer 24-inch displays at 16:10, but the 16:9 aspect ratio makes 2,560x1,440-pixel resolution possible so it can't be all bad.

You may notice that I didn't include the HP DreamColor LP2480zx on the list. It's the best-performing 24-inch I've ever seen. Its price, unfortunately, puts it out of reach for the majority of users.

Given that, I've only included monitors on the list most average people could afford.… Read more

Apple reportedly doled out fewer iPhone 5 units to other retailers

Apple may have reserved the lion's share of iPhone 5 handsets for its own stores, leaving other retailers in short supply.

Citing "store sales staff and other people familiar with the situation," The Wall Street Journal reported today that Apple's own stores seemed to have a healthy stock of iPhone 5 units to sell this past weekend. But other retail outlets had to grapple with a much more limited supply right from the get-go.

People at Best Buy, RadioShack, and Target told the Journal that they didn't even receive enough units to satisify pre-sales orders. … Read more

Where, when, and how to buy the iPhone 5

Now that the iPhone 5 is official, the real fun can begin. Ensuring that you'll be one of the lucky few to have the latest iPhone in your hands at the end of launch weekend can be a challenge.

There are more carriers and retailers selling the newest iPhone on launch day than ever before. We'll continue updating this page with the latest information surrounding the iPhone 5 launch on September 21, and how you can get your hands on it as soon as possible.

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If you're into the whole line-standing, fanfare, and clapping-employee thing, Apple … Read more

Wal-Mart offers preorders for the iPhone 5

People can preorder Apple's iPhone 5 from a handful of wireless carriers and Apple itself -- but if that proves too hectic, they can now try out Wal-Mart.

This retailer was added to the list of places earlier today where the long-awaited device can be preordered, according to Bloomberg. This is the first time that iPhone preorders have been offered through Wal-Mart.

According to Wal-Mart spokesperson Sarah Spencer, the smartphone can be ordered starting at 8 a.m. local time tomorrow in U.S. stores, Bloomberg reports. What's more, Wal-Mart will be offering discounts on the device. With … Read more

Best extreme-definition 27-inch monitors

While most 27-inch monitors you'll find at your local Best Buy sport the perfectly capable resolution of 1,920x1,080 pixels, there's a growing contingent of monitor enthusiasts, like myself, who understand the real reason for the existence of 27-inch displays.

If you've never seen a 27-inch monitor running at 2,560x1,440-pixel resolution, then you've yet to be touched by a particularly affecting higher power.

Also referred to as "extreme definition" or "XD," this branch of higher-tier monitors will melt your face and not look back. However, as much as the impressive resolution benefits all aspects of computing, it is in games that it provides a particular advantage.… Read more

The world's most beautiful audio products

I was fascinated with high-end audio long before I owned any of the good stuff, but I always loved the way the best ones looked.

I remember the soft blue glow radiating from McIntosh Labs' components way back in the 1970s, and they still look great. Exquisitely machined metal and sumptuous curves are responsible for some high-end cars, boats, and audio's eye-catching allure. Of course, high-end gear's sound doesn't always live up to the aesthetics, but the products in the slideshow below are all exceptional performers.

Best Buy allows Schulze to pursue takeover bid

Best Buy founder Richard Schulze have reached an agreement that allows him to conduct due diligence and form an investment group to make an official bid for the struggling electronics retailer and take it private.

After the due diligence process begins, Schulze will have 60 days in which to bring a fully financed, definitive proposal for the company, the Richfield, Minn.-based company said in a statement today. If the board of directors rejects that offer, Schulze has agreed not to pursue another proposal until January.

But Schulze would also have an opportunity to present an offer to shareholders at … Read more

Headphones under $50

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If you're looking to improve the quality of your music, headphones are the most important link in the chain. Today's phones, tablets, and computers are capable of spectacular audio quality that was unthinkable just 10 years ago, but you're not going to hear it with the headphones that came in the box.

Fortunately, you don't have to spend a lot of money to hear a dramatic improvement in headphone audio quality. In this Top 5, we have the best headphones for under $50, as selected by CNET … Read more