HP and Dell took the bidding war for data storage company 3PAR to a whole new level today. Although it was a day that began with HP as the favorite to acquire 3PAR and ended the way it started, it wasn't an unremarkable one by any means as there was a lot in between.
Dell countered Hewlett-Packard's $1.5 billion buyout bid with a $1.6 billion offer of its own earlier in the day, but the world's leading PC maker wasted little time in bettering Dell's offer. Its latest offer: $1.8 billion, or $27 per share, in cash.
It's been rumored for a while, but Seagate has now confirmed they will be releasing a 3TB hard drive later this year. This isn't just the usual upping of platter density to achieve a higher capacity. In this case Seagate had to overcome some fundamental problems in computing.
In modern computing systems, there is a logical block addressing (LBA) limit of 2.1TB. The LBA system can't address a capacity larger than that due to the fact that it assigns an address to each 512 byte block on the hard drive, causing it to run out of address space at 2.1TB. Seagate is using a new Long LBA format, but it requires a supporting OS.
According to Seagate, 64-bit versions of Windows Vista and 7 will work, but XP will not. In fact, XP systems may only see 990MB of the drive. Another caveat is that these drives will not work as boot drives, just as secondary drives. Current master boot record partitions are limited to 2.1TB, and the fix would be more complicated.
No one thought that LBA would be a limiting factor when it was developed in 1980, but here we are. No pricing information was available, but we imagine it will sell at a premium at first. Would you buy a 3TB drive? Or are a few smaller ones fine by you?
It looks like Facebook is finally planning to capitalize on all that precious information that its 150 million users put on their profiles by creating one of the world’s largest market research databases.
“I had tons of people saying 'this could be so incredible for our business'. It takes a very long time to do a focus group, and businesses often don't have the luxury of time. I think they liked the instant responses,” stated Randi Zuckerberg, Mark’s sister and Facebook’s global markets director, regarding the possible monetization of the social networking site.
Some experts say that this move comes in the wake of a double whammy of economic troubles brought on by their failing advertising revenue and the ever-growing cost of electronic data storage.