Hasta La Gadget!

Believe us people, popularity pays off. Just ask Pure Digital CEO Jonathan Kaplan, who is reportedly scrambling for ways to spend $80 million of the $500 million Cisco Systems is about to hand over in order to acquire the company. Granted, none of this has been confirmed just yet, but TechCrunch has it that the deal is all but done. Reportedly, Cisco’s interested in bringing the firm into its portfolio in order to further push high-bandwidth using services. Obviously, user generated HD video fits pretty perfectly into that agenda. We suspect we’ll be hearing more on the subject as the work week begins in earnest, but it sure sounds like Linksys is about to get a new cousin.

Filed under: Digital Cameras

Cisco said to be buying Pure Digital for around $500 million originally appeared on Engadget on Mon, 09 Mar 2009 00:39:00 EST. Please see our terms for use of feeds.

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It’s not exactly a huge surprise at this point, but Fujitsu and Toshiba have announced today that they’ve signed a memorandum of understanding on the transfer of Fujitsu’s hard drive business to Toshiba, and that they plan to conclude a transfer contract “at an early date.” To make the transition as smooth as possible, Fujitsu says it’ll spinning off all its HDD-related business into a separate company in the interim, which Toshiba will buy an 80 percent stake in and make a Toshiba Group subsidiary. Then, once things are fully transitioned, Toshiba will buy up the remaining 20 percent and make the company a wholly owned subsidiary. Notably absent from today’s announcement, however, is any word of a dollar figure, though previous reports had pegged the deal at anywhere from $335 to $447 million. Toshiba also doesn’t seem like it’ll be resting on its laurels once the deal is complete, saying that it hopes to increase its overall HDD market share 20 percent by the year 2015.

Filed under: Storage

Fujitsu and Toshiba reach agreement on hard drive business deal originally appeared on Engadget on Tue, 17 Feb 2009 14:54:00 EST. Please see our terms for use of feeds.

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This article was written on February 01, 2008 by CyberNet.

We’d be surprised if you haven’t heard by now that Microsoft has made an offer to Yahoo to acquire them for about $44.6 billion in cash! It’s all over the news (for good reason), and there are all kinds of ideas regarding this acquisition floating around the Internet.  Instead of talking in length about each of them, we thought we’d sum everything up into an easy-to-read bulleted list.

• Microsoft proposes the acquisition of Yahoo for $44.6 billion dollars which translates to about $31 a share (read)
• Before the announcement yesterday, Yahoo stock was trading at about $19 – it is now up to $27.91 after word of the offer (read)
• What would a combined Microsoft-Yahoo look like? TechCrunch compares the revenues of a combined Microsoft/Yahoo with Google
• Combining the two would be a long and tedious process because there are more duplicate services (e.g., yahoo.com/msn.com, Yahoo Games/MSN Games, Yahoo Maps/Live Maps, Yahoo Messenger/Live Messenger, etc.) than you might imagine and I Started Something points out what a mess this could be
• Could a combined Microsoft and Yahoo turn out to be a strong competitor to Google?
• Yahoo acknowledges the offer and says that their “Board of Directors will evaluate this proposal carefully and promptly in the context of Yahoo’s strategic plans and pursue the best course of action to maximize long-term value for shareholders” (read)
• Longtime Yahoo Director Terry Semel is stepping down from the Board of Directors, could this affect the decision? (read)
• Think the online advertising market has anything to do with Microsoft’s desire to snatch up Yahoo? We do. The online advertising market is expected to grow from $40 billion in 2007 to $80 billion by 2010… wow!
• The Department of Justice is already “interested” in looking into this deal for possible antitrust issues, no surprise there (read)

Thanks to everybody who sent this in!

Copyright © 2009 CyberNet | CyberNet Forum | Learn Firefox

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Following a good half year of courtship while the regulatory miscellany ran its course, Verizon’s finally ready to take the plunge and call this $5.9 billion deal done. The combined juggernaut will amass a staggering 78 million subscribers, putting it roughly 3 million ahead of its closest rival, AT&T, though it’ll do so at the cost of assuming some $22.9 billion in Alltel debt. Ultimately, the merger means some positions at Alltel headquarters in Little Rock, Arkansas will get axed — but hey, AT&T Mobility HQ’s just a stone’s throw away in Atlanta, so Verizon’s headcount loss could ultimately be AT&T’s gain.

[Via Phone Scoop]

Filed under: Cellphones

Verizon and Alltel to join in holy matrimony January 9th originally appeared on Engadget on Sun, 04 Jan 2009 22:49:00 EST. Please see our terms for use of feeds.

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This article was written on May 04, 2007 by CyberNet.

Today begins the day that Yahoo will be closing down Yahoo Photos, a process that will occur over several months.  When Yahoo photos originally started, Flickr hadn’t yet been acquired.  It seems like at this point, there really isn’t a need for Yahoo to maintain two photo services.

Users who have been using Yahoo Photos will be able to move their photos over to Flickr of course, but they will also have the option of moving to Shutterfly or the Kodak Gallery.

News.com called Flickr the black sheep of photo sites because it uses a different organization system, a more technical way to do it that doesn’t exactly appeal to everybody which is why they are giving other options. 

Yahoo photos has stood its own ground for quite a while, and a graph that TechCrunch posted shows that it wasn’t until recently that Flickr managed to edge out Yahoo Photos in terms of visitors.

If you use Yahoo Photos, definitely give Flickr a try. I love my Flickr account, and the organizational system is great. It takes a little bit to catch on, but not long, and in the end I think you’ll prefer it.

Microsoft/Yahoo Merger?

In other Yahoo news, is a Microsoft/Yahoo merger in the works? The Wall Street Journal is reporting that it appears Microsoft and Yahoo are taking a second look at a merger, one that would be able to compete with Google. A year ago, they started the talks, but nothing came of it.Mashable says that the estimated pricetag for Yahoo would be a whopping $50 billion dollars!

It makes sense, Google is taking on Microsoft with their online applications, and Yahoo and Google have always been competitors with multiple services besides the search services.

Could this be the acquisition of the year?

Copyright © 2008 CyberNet | CyberNet Forum | Learn Firefox

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• Start Migrating Your Yahoo Photos
• Microsoft Announces They’re Still Interested in Yahoo
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• Microsoft and Yahoo Part Ways for Good
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