Hasta La Gadget!

We’re firmly of the belief that SSDs are our future and Samsung would seem to agree. The Korean electronics giant has just announced that it’s selling its hard disk drive-manufacturing arm to Seagate Technology for a neat $1.375 billion in equal measures of cash and stocks. As a result, Samsung Electronics will own approximately 9.6 percent of Seagate and get to nominate one new member to join Seagate’s Board of Directors, while the two companies have further agreed to deepen their strategic relationship with related cross-licensing and supply stipulations. Samsung will provision Seagate’s solid state drives with NAND flash memory, whereas Seagate will furnish Samsung’s PCs and consumer electronics products with hard disk storage. The deal is expected to complete in full by year’s end and you can read all about it in Seagate’s press release after the break.

[Thanks, Pavel]

Continue reading Samsung sells HDD division to Seagate for $1.375 billion

Samsung sells HDD division to Seagate for $1.375 billion originally appeared on Engadget on Tue, 19 Apr 2011 05:04:00 EDT. Please see our terms for use of feeds.

Permalink   |  Seagate  | Email this | Comments

This article was written on May 19, 2008 by CyberNet.

Did ya miss us? We’ve been out of town since last Thursday, and since then there were some pretty big announcements that we wanted to be sure to cover. It appears as though the last few days before last weekend was the prime time for acquisitions.

–Firefox 3 RC1–

Mozilla released Firefox 3.0 RC1, which indicates that they are on the home stretch before releasing the final version. The Release Candidate doesn’t have many changes over the previous Beta, but as expected it’s a bit more polished:

• Improvements to the user interface based on user feedback, including changes to the look and feel on Windows Vista, Windows XP, Mac OS X and Linux.
• Changes and fixes for new features such as the location bar autocomplete, bookmark backup and restore, full page zoom, and others, based on feedback from our community.
• Fixes and improvements to platform features to improve security, web compatibility and stability.
• Continued performance improvements: changes to our JavaScript engine as well as profile guided optimization continues to improve performance over previous releases as measured by the popular SunSpider test from Apple, and in the speed of web applications like Google Mail and Zoho Office.

Thanks to “C” and “Cory” for the tips!

–Condé Nast/Wired Acquires Ars Technica–

Ars Technica has joined the likes of Wired and Reddit! That’s right, Condé Nast has acquired the news site that most geeks have come to love. They won’t disclose what was paid for the site, but TechCrunch says is in the $25 million range.

What I’m interested to see is whether the Digg button on Ars Technica will remain considering that their parent company are also the proud owners of Reddit. Ars Technica’s articles are constantly plastered all over the front page of Digg, and removing the button could cause them to drop in traffic. Maybe they’ll just add a Reddit button alongside it?

–Ask.com Acquires Dictionary.com–

When you need to lookup a meaning of a word there is a very good chance that you head straight to Dictionary.com. I know I do. That site has now been acquired by Ask.com, and they also get Thesaurus.com and Reference.com as part of the deal. By purchasing the rights to these sites Ask.com is looking to return to its roots a bit by being able to quickly answer basic questions.

Thanks for the tip Omar!

–CBS Acquires CNET–

CNET has got to be one of the top technology sites on the web, and they sure showed it with their price tag. CBS acquired them last Thursday for $1.8 billion, which includes all of the properties owned by CNET. Here’s a quick list of CNET’s more popular assets: ZDNet, GameSpot.com, TV.com, MP3.com, UrbanBaby, CHOW, Search.com, BNET, MySimon, Download.com, and TechRepublic.

–Digg Launches New Comment System–

Digg has finally decided to revise their comment system, and I think it’s much better than before. There’s just one problem… they didn’t test it in Opera. A formatting glitch would be one thing, but the new Digg comment system crashes the Opera browser anytime you try to visit an article. They admitted that they didn’t test the system in Opera, and tried to justify the glitch by saying that Opera users account for less than 1% of the visits to Digg. *sigh*

–Windows will be Available on the OLPC–

Looks like Windows is coming to the One Laptop Per Child (OLPC) after all. These budget machines will run a $3 version of Windows XP and Office called the Student Innovation Suite. I have a feeling that these laptops will now be even more appealing to developing countries.

Copyright © 2011 CyberNetNews.com

Related Posts:

No related posts

The question of what’s next for Blockbuster has been partially answered, now that Dish Network has announced its $320 million bid was enough to win a bankruptcy court auction for the rental giant’s remaining assets. After “certain adjustments” are made and the deal closes, it’s expected to cost just $228 million in cash but what exactly Dish plans to do with the 1,700 stores and innumerable copies of Little Fockers is unclear. Executive VP Tom Cullen stated in the press release (after the break) Dish looks forward to reestablishing “Blockbuster’s brand as a leader in video entertainment,” but in a world where Netflix, Redbox and iTunes exist that could be easier said than done.

Continue reading Dish Network wins Blockbuster auction for $228 million in cash

Dish Network wins Blockbuster auction for $228 million in cash originally appeared on Engadget on Wed, 06 Apr 2011 08:42:00 EDT. Please see our terms for use of feeds.

Permalink   |  Dish Network  | Email this | Comments

As the saying goes, everything’s bigger in Texas, and that includes Texas Instruments’ (TI) share of the semiconductor market. The Dallas-based firm announced today that it will pay $6.5 billion for National Semiconductor. With the acquisition complete, National will become a branch of TI’s analog segment, which is now positioned to make up 50 percent of the company’s revenue. According to a joint press release, TI held the biggest chunk of the analog semiconductor market in 2010 at 14 percent, and with the new addition that number’s bound to get even bigger. Full PR after the break.

Continue reading Texas Instruments to acquire National Semiconductor for $6.5 billion in cash money

Texas Instruments to acquire National Semiconductor for $6.5 billion in cash money originally appeared on Engadget on Tue, 05 Apr 2011 03:09:00 EDT. Please see our terms for use of feeds.

Permalink   |  Texas Instruments  | Email this | Comments

This article was written on June 30, 2009 by CyberNet.

Huge news broke this morning when information got leaked to the press regarding an acquisition of The Pirate Bay. It’s said that they got $7.8 million for the site which will be turned over to the buyers, Global Gaming Factory X, in August. That might seem undervalued for a site that is nearly in the top 100 sites on the Internet according to Alexa (currently at 112), but given their legal troubles it isn’t surprising that they weren’t able to milk it for all it’s worth.

It didn’t take long for The Pirate Bay to respond to the news, and they confirmed that they are indeed being acquired by Global Gaming Factory X. They are trying to reassure users that things won’t change very much, and that this is all part of them “evolving.” According to TorrentFreak the new owners are looking for ways to ensure that copyright owners get paid, and that the site is legal. They are also reporting that the Pirate Bay’s BitTorrent tracker will be replaced with some new technology that is supposedly better, but is also backwards compatible with the BitTorrent network.

This is disappointing news for the BitTorrent community, but I guess it will help us appreciate those other BitTorrent sites (like MiniNova) that have managed to stay up. Plus this may spur even more interesting in private, invite-only, BitTorrent sites like Demonoid or What.CD. So where are you going to head for your torrent needs now that the Pirate Bay’s ship has set sail?

Copyright © 2011 CyberNetNews.com

Related Posts:

The Pirate Bay Mocks HollywoodThe Pirate Bay Doubles Their Traffic After Police RaidThe Pirate Bay Wants to Help You Discover MusicPirate Bay in Trouble Again?The Pirate Bay Ready to Launch Video Streaming Site?