BlackBerry Co-Founders Might Join Cerberus And Qualcomm In Buyout Bid

BlackBerry Co Founders Might Join Cerberus And Qualcomm In Buyout Bid

We’ve been closely following developments related to BlackBerry’s buyout ever since the company announced that it is up for sale. It signed a letter of intent with Fairfax Financial Holdings back in September. Fairfax is already the largest shareholder, it seeks to purchase the rest of the outstanding shares at $9 a pop, which makes their buyout bid for the ailing Canadian manufacturer $4.7 billion. There have been rumors that Cerberus Capital Management might be interested in acquiring BlackBerry, while the company’s co-founders have already made their intentions to bid for the company public. A new WSJ report suggests that Cerberus, the co-founders and chipmaker Qualcomm might jointly bid for BlackBerry.

Fairfax returns after conducting its due diligence on November 4th, analysts expect that it might drop its bid if there are no other buyers. Cerberus has been rumored to be interested in the company for quite some time, and both Mike Lazaridis and Doug Fregin are said to be in talks with Cerberus. Qualcomm is apparently in talks to join this group as well. Though a concrete offer is yet to surface, and its not known right now just how much the group would be willing to pay over the existing $9 per share offer. It was recently rumored that BlackBerry executives flew to California in order to solicit a bid from Facebook, but the world’s largest social network hasn’t publicly disclosed any interest in the handset manufacturer as yet.

  • Follow: General, ,
  • BlackBerry Co-Founders Might Join Cerberus And Qualcomm In Buyout Bid original content from Ubergizmo.

        



    Our 5,000 Published Posts Milestone

    This article was written on March 31, 2008 by CyberNet.

    After installing the new WordPress update on Sunday, for some reason it became more apparent how many posts have been published on CyberNet. We’re not sure if they changed the font, made it more bold, or what, but we realized we hit our 5,000 published posts milestone sometime last week and we missed it! As of writing this post, 5,030 articles have been published.  Counting back to 5,000, we found out that the lucky post was Ryan’s CyberNotes from last Wednesday (March 29th) titled Browser Performance Comparisons.

    cybernet 5000 milestone

    It’s hard to believe that we’ve posted 5,000 articles already. For those of you that are interested, here’s a quick break-down of how many posts each of us have done.

    1. Ryan – 3,378
    2. Ashley – 1,623
    3. Pieter – 5
    4. Chris – 4

    Both Pieter and Chris are All-Stars and have guest authored a few posts for us which we’ve appreciated. Chris also happens to be the author of Learn Firefox which many of you are familiar with as a great place to go to learn about the Firefox web browser. And Speaking of All-Stars, we just wanted to thank all of you who are All-Stars and have contributed in big ways to CyberNet. At this point, the top five active All-Stars are as follows (view the complete list at the bottom of this page):

    • CoryC – 644
    • The Guru – 631
    • netster007x – 564
    • Pieter – 335
    • Google – 284

    While we’re thanking people, we might as well be sure to thank all of you who contribute to CyberNet whether it be through commenting, sending a tip, posting in the Forum, passing along our site to friends, correcting our spelling/grammar mistakes, or whatever the case may be. No matter which way you contribute, THANK YOU! 🙂

    Copyright © 2013 CyberNetNews.com

    Tech Consortium Sues Google And Other Tech Companies For Alleged Patent Infringement

    Tech Consortium Sues Google And Other Tech Companies For Alleged Patent Infringement

    The patent wars between tech giants has been heating up over the years, with companies using patents and legal victories as a means to block the sale of devices by their competitors. So far the biggest one we’ve seen is Apple versus Samsung, but it looks like that war will pale in comparison to the upcoming one where a consortium has filed a lawsuit against Google, ASUS, HTC, Huawei, LG, Pantech, Samsung, and ZTE, claiming that they have infringed upon patents owned by them. The consortium is none other than Rockstar which is owned jointly by the likes of Apple, BlackBerry, Ericsson, Microsoft, and Sony. The consortium owns thousands of patents which were bought when Nortel filed for bankruptcy, so safe to say they have a lot of weapons in their combined arsenal.

    According to the lawsuit, Rockstar claims Google infringed upon seven of Nortel’s patents, while other companies, such as Samsung, HTC, and LG, were accused to infringing upon seven patents related to graphical user interfaces, messaging, notifications, and other mobile-related functions. According to Rockstar’s CEO, John Vesci (via Wired), “Pretty much anybody out there is infringing [
] It would be hard for me to envision that there are high-tech companies out there that don’t use some of the patents in our portfolio.” While other companies listed as having infringed upon the patents have yet to respond, a Google spokesperson was quoted as saying, “While we haven’t yet been served with this complaint, we continue to advocate for patent reform that would address the current flood of patent litigation.”

  • Follow: General, ,
  • Tech Consortium Sues Google And Other Tech Companies For Alleged Patent Infringement original content from Ubergizmo.

        



    AT&T Reportedly Considering Vodafone Takeover

    AT&T Reportedly Considering Vodafone Takeover

    Vodafone is the largest mobile carrier in Europe and AT&T reportedly wants a piece of it. Bloomberg reports today that AT&T’s employees are internally “laying the groundwork” for a takeover of Vodafone as soon as next year. Apparently both companies have yet to enter formal negotiations, but AT&T is said to be focusing on which Vodafone assets it would retain and which could be sold off to others if a takeover does go through. The carrier is reportedly also preparing a strategy to bolster Vodafone’s operations in Europe, UK’s EE is said to be its alternative takeover target.

    This isn’t the first time that AT&T has been rumored to be interested in Vodafone. Back in April this year, it was said that both Verizon and AT&T might team up to takeover Europe’s largest carrier, however Verizon denied the reports back then. A couple of months ago, Big Red announced that its buying out Vodafone’s stake in its business for $130 billion, making it the third largest corporate acquisition. If AT&T and Vodafone reach an agreement, and the former is able to pick up the latter, the takeover would have to wait until Verizon’s buyout of Vodafone’s stake is completed. Both AT&T and Vodafone have yet to comment on this report.

  • Follow: General, , , ,
  • AT&T Reportedly Considering Vodafone Takeover original content from Ubergizmo.

        



    Finland’s Government Data Network Hit With ‘Severe And Large’ Hacking

    Finlands Government Data Network Hit With Severe And Large Hacking

    We often hear about cyberattacks being launched against a country, the U.S. and China have been bickering about this for quite some time, and only recently Israel saw a major tunnel being blocked due to a cyberattack. A private Finnish broadcaster, MTV3, reported that Finland’s government data network had been hit by large-scale hacking. After the report was aired, the government arranged a press conference to confirm that a “sever and large” hack had breached the Foreign Ministry’s data network.

    Finland’s foreign minister, Erkki Tuomioja, confirmed that the breach was discovered in spring 2013, and that the country’s intelligence service is investigating the hack as they believe its a “serious espionage” case. Tuomioja didn’t say who the government suspects to have carried out this hack. However, MTV3 previously reported, citing sources, that intelligence agents hailing from China and Russia might be involved. It further added that the hackers had access to the foreign ministry’s network for years, and that they targeted classified communications between officials of Finland and the European Union. Tuomioja assured during the press conference that there has been no exposure of the most highly classified information. Both Russia and China have previously been accused to state-sponsored hacking in the past, particularly by the U.S. and other Western countries, but so far both countries have denied ever having any direct involvement in the cyberattacks.

  • Follow: General, ,
  • Finland’s Government Data Network Hit With ‘Severe And Large’ Hacking original content from Ubergizmo.

        



    Sony Sees Substantial Increase In Its Smartphone Sales

    Sony Sees Substantial Increase In Its Smartphone Sales

    The global smartphone market is very competitive, that’s certainly no secret. You have the big guys, Apple and Samsung, battling it out on top. Then there are a plethora of manufacturers who are competing against each other, while not losing sight of where they ultimately want to be. In recent years, Sony too has emerged as a player in this market. Just this year it has released a number of impressive smartphones that have been very well received. Sony’s reveals in its last quarter’s earnings report that it has seen a 39.3 percent increase in its smartphone shipments as compared to the same time last year.

    On the back of strong sales, Sony’s smartphone business also sees a decrease in operating loss of $9 million. Despite that particular business performing well, the company’s other divisions are being given a run for their money in their respective markets. Sony has actually cut down its annual profit forecast from $500 million to $300 million. The company’s camera sales witnessed a 6.9 percent decline, whereas its TV sales are up. In the last quarter, Sony managed to sell 2 million PlayStation 3 units, but its gaming division still posted an operating loss of $8 million. The loss is blamed on “strategic price reduction” of the PS Vita. Sony is hopeful that its new console, the PlayStation 4, will bring the division back to profitability.

  • Follow: General, , ,
  • Sony Sees Substantial Increase In Its Smartphone Sales original content from Ubergizmo.

        



    CyberNotes: Week In Review With Sunday’s Summary!

    This article was written on July 09, 2006 by CyberNet.

    CyberNotes
    Sunday’s Summary
     

    This week was a little crazy at CyberNet News with a few unexpected days down! Here is your week in review with Sunday’s Summary! If you missed something, check it out. What was going on this week at CyberNet News with CyberNotes?

    Copyright © 2013 CyberNetNews.com

    NSA Apparently Tapped Into Google And Yahoo Data Centers Around The World

    NSA Apparently Tapped Into Google And Yahoo Data Centers Around The World

    The former technical analyst for the CIA, Edward Snowden, who leaked a treasure trove of documents earlier detailing the National Security Agency’s various electronic spying programs is back with another cache of highly classified documents. These documents, which have been provided and confirmed by sources to The Washington Post, reveal that the NSA tapped into Google and Yahoo data centers around the world without telling either company. This, despite the fact that both companies are already said to be involved in PRISM, a program that gives the NSA front door access to their user accounts through a process approved by FISA courts.

    (more…)

  • Follow: General, , , , ,
  • NSA Apparently Tapped Into Google And Yahoo Data Centers Around The World original content from Ubergizmo.

        



    Google Reportedly Has Another Mystery Barge Docked In Portland Harbor

    Google Reportedly Has Another Mystery Barge Docked In Portland Harbor

    Recently we reported that Google is believed to be involved in the construction on top of a mysterious barge that is docked at Treasure Island, San Francisco. There are a number of theories out there with regards to this structure, some believe its a floating data center, while others claim its actually a “floating marketing center” for Google Glass. According to new reports, Google apparently has both coasts covered, as a mysterious four-story barge docked at Portland Harbor is now being linked to the internet search giant.

    This barge was first seen in Portland on October 11th. A local company, Cianbro, has been tasked with carrying out interior and electronics work on the barge. The company isn’t authorized to name its client or detail the work its doing. There’s speculation that the barge’s final destination is actually outside Maine, and that its just docking in Portland Harbor until the works are taken care of. Up till now, Google has not clarified if its involved with these mysterious barges, and even if it is, what is it going to use the floating structures for. A spokesman for the Portland Coast Guard says that they know what’s inside the structure, which is following all regulations and is “not a threat” to public safety in Portland. [Image via Business Insider]

  • Follow: General, , ,
  • Google Reportedly Has Another Mystery Barge Docked In Portland Harbor original content from Ubergizmo.

        



    Microsoft Asks The EU To Approve Its Nokia Acquisition

    Microsoft Asks The EU To Approve Its Nokia Acquisition

    Despite the fact that Microsoft has already announced its intention to acquire Nokia’s phone business, Redmond will have to jump through a number of regulatory hurdles before it can become a full-fledged cell phone maker. One such hurdle is getting the European Union to approve the acquisition, this is required because Nokia is based in Europe, which means that the 28 member state bloc’s antitrust regulators will decide if this deal breaches its competition rules.

    Microsoft announced the deal last month, which will see the transfer of Nokia’s phone business and thousands of employees to the software giant. The deal also includes a 10 year licensing agreement of the Finnish manufacturer’s patent portfolio. The EU has the necessary powers to block this deal if it wants, particularly if it feels that competition will be at a disadvantage as a result of this deal. It also has the power to fine both companies. The European Commission has said that it will give its ruling by December 4th, though the final date can be extended by 10 days if Microsoft decides to offer concessions to downplay any potential competition concerns that the Commission might have. There’s another hurdle prior to December 4th, its Nokia’s extraordinary shareholders meeting on November 19th, where shareholders will vote to either approve or reject the deal. Microsoft expects to close the acquisition of Nokia’s phone business, valued at $7.17 billion, by the first quarter of 2014.

  • Follow: General, , ,
  • Microsoft Asks The EU To Approve Its Nokia Acquisition original content from Ubergizmo.