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URGENT: Video shows beheading of second American journalist

DUBAI (Reuters) - The Islamic State militant group released a video purporting to show the beheading of U.S. hostage Steven Sotloff, the SITE monitoring service reported on Tuesday. A masked figure in the video also issued a threat against a British hostage, a man the group named as David Haines, and warned governments to back off "this evil alliance of America against the Islamic State", the monitoring service said. (Reporting by William Maclean, Editing by Angus MacSwan)

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Silver Lake nears $15 billion financing for Dell buyout: report

A company logo of Dell is seen on the cover of its laptop at a Dell outlet in Hong Kong October October 21, 2009. REUTERS/Bobby Yip
A company logo of Dell is seen on the cover of its laptop at a Dell outlet in Hong Kong October October 21, 2009. REUTERS/Bobby Yip

(Reuters) - Private equity group Silver Lake Partners is close to arranging about $15 billion in financing for a buyout of Dell Inc , Bloomberg reported, citing people familiar with the matter.

Talks to take Dell Inc private are at an advanced stage with at least four major banks lined up to provide financing, two sources with knowledge of the matter earlier told Reuters.

Silver Lake could not immediately be reached for comment by Reuters outside of regular U.S. business hours. (http://link.reuters.com/hup35t)

(Reporting by Sakthi Prasad in Bangalore; Editing by Richard Pullin)

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