Daily News Brief: Could it be a Wii Disappointing Christmas?
Posted 10/09/2007 at 6:21pm
| by

A Wii Disappointing Holiday
Santa didn't deliver nearly enough Nintendo Wii consoles to children on the nice list last Christmas, and it appears that Nintendo's elves aren't fully prepared for this holiday shopping season either. Despite outselling the competition, there are just not enough Wiis to meet demand, and Nintendo CEO Reggie Fils-Aime warns that the situation won't be changing any time soon. Refusing to sugar coat the news, Reggie recently stated that he "can't guarantee that we're going to meet demand. As a matter of fact, I can tell you on the record we won't."
Acer to Buy Packard Bell
Acer broke into the headlines last August when they announced plans to purchase Gateway for a cool $710 million, but apparently they're not done shopping. Acer now plans to go after Packard Bell in what could be considered a Wall Street chess move. Backed by funding from Acer, Gateway made a binding offer to acquire all shares of PB Holding Company S.a.r.l., Packard Bell's parent company, from Lap Shun (John) Hui, of which he owns a 75% stake. The deal is subject to regulatory approvals, but is expected to close by the end of the year.
RAM Still Sliding
New builders and upgraders are rejoicing at current DDR2 pricing, and the chips continue to fall. DRAMeXchange, which runs an online trading site for modules, reports that DRAM pricing has slid 20-25 percent. DRAMeXchange blamed the tumble "China's National Day holidays and persisting weak demand."
EBay Server Hacked
Last Friday a hacker broke into an eBay server and was able to temporarily suspend a "very small" number of member accounts. EBay spokeswoman Nochola Sharpe assured members that the hacker was quickly stopped in his tracks, and that no financial or other sensitive information was compromised. In a 350+ post thread on eBay's forums, some members claim the hacker, known as Vladuz, targeted them in retaliation for posting unfavorable forum comments about him. Apparently Vladuz has a history of eBay shenanigans, and has been targeting eBay for at least 10 months.
Sprint: Now Hiring CEO
Dust off those resumes, Sprint's searching for a new CEO. Gary Forsee previously held the position, up until resigning yesterday. Unhappy with losing subscribers and a falling stock price, Sprint was all too happy to accept the resignation, stating that it's time "to move the company forward in improving its performance and realizing corporate objectives." Paul Saleh will serve as acting CEO until a permanent replacement from outside the company is found.
Critical EMail Lands Jordan Citizen in Jail
Whether on Saturday Night Live or YouTube, US presidents are always subject to criticism, ridicule, and mockery. But if you live in Jordan, you better think twice before dissing the royal family, lest you end up facing a two year jail sentence. After a two month trial, Ahmad Oweidi al-Abbadi was found guilty on three charges of undermining state dignity, publishing "false news" in emails sent to foreign figures, and illegally distributing leaflets. Ouch!
It's Not Tech News
But we'll post it anyway. A Pennsylvania man was jailed after trying to pay for groceries with a bogus $1 million bill (you know, as opposed to those real $1 million bills). And speaking of 'bogus Bills,' our condolences to Buffalo fans, whose team managed to squander a 9 point lead in the final 20 seconds and lose to the Dallas Cowboys, despite picking off Tony Romo 5 times throughout the game.