Chides company and shareholders’ lawyers for ‘abdication of their responsibility’
We are sure Hewlett-Packard would like nothing more than to efface the memory of its disastrous 2011 acquisition of British software company Autonomy, but that is unlikely to happen anytime soon as right now it is struggling to get a federal judge to accept its settlement proposals in a shareholder lawsuit over the multi-billion dollar debacle — a $11.1 billion acquisition that resulted in a $8.8 billion write-down a year later, of which $5 billion was said to be on account of “serious accounting improprieties, misrepresentation and disclosure failures” at Autonomy.
Lenovo’s server division set for sevenfold increase in global market share
Lenovo’s $2.3 billion acquisition of IBM’s x86-based server business has been given the green light by the Committee on Foreign Investment in the United States (CFIUS), IBM announced in a press release Friday. All eyes had been on CFIUS, a U.S. government inter-agency body responsible for assessing security implications of such foreign investments, after the deal received the necessary regulatory approval in China last month.
Chinese PC vendor Lenovo’s $2.3 billion acquisition of IBM’s low-end server business has won the approval of Chinese Ministry of Commerce's anti-monopoly bureau, according to news agency Reuters. However, this is only half the battle. Announced in January this year, the deal now requires the approval of regulators in the States — something that could prove a bit tricky against the backdrop of the ongoing U.S.-China cyber standoff.
Redmond is offering a minimum of $200 for “gently used” iPads
Microsoft is currently running a limited-time iPad trade-in offer, allowing people to bring in their “gently used” iPad 2,3,or 4 into select Microsoft retail outlets across the U.S. and Canada and walk out with a Microsoft store gift card worth a minimum of $200. While the offer has been live for well over a week now, the good news is that there’s still plenty of time left.
We highlight the hardware that gets you the most performance per dollar spent
We all know that, generally speaking, buying the newest top-end part gets you the most performance. But in most cases, the premium you pay for that part covers a whole lot of other stuff as well that has no bearing on frame rates or video encoding times. We’re talking about the added cost of covering research and development, product marketing, lower production yields, etc. That high price also includes a vanity tax, if you will—the extra charge incurred by folks who simply want to have the latest hardware, hot off the fab, for bragging rights.
Note: This article was taken from the December 2012 issue of the magazine.
In a bid to lure existing Windows users to Windows 8, Microsoft has announced a special introductory upgrade offer for those who choose to upgrade from Windows XP, Windows Vista, or Windows 7 between October 26, 2012 and January 31, 2013. As part of this offer, they will have to pay just $39.99 for a downloadable version of Windows 8 Pro and $69.99 for its boxed counterpart. But Microsoft has reserved the best deal for those who purchase a Windows 7 PC between July 2, 2012 and January 31, 2013 by making them eligible for a $14.99 Windows 8 Pro upgrade. Such deals are all fine and dandy, but surely not everyone is going to upgrade in the first three months. So what about those who choose to upgrade after the promo period? And, more importantly, what about full (non-upgrade) pricing?
Wireless spectrum: it’s what powers mobile communications and wireless carriers have an insatiable taste for more, more, MORE of it. The need for more spectrum is the reason Sprint keeps bailing Clearwire out of financial hot water and why AT&T is pushing so hard for a merger with T-Mobile. Verizon has pretty much been the only major carrier that hasn’t engaged in major spectrum-related deals this year – until now, that is. Today, Verizon announced it has reached a $3.6 billion deal to gobble up 122 spectrum licenses from three major cable companies.
So the Kindle Fire’s out, and the Barnes & Noble Nook Tablet is due any day now, too. But if you’re in the mood for a cheap, yet awesome tablet this holiday season, it might just be worth it to brave the crowds and – GASP – venture out to Best Buy on Black Friday. A leaked ad shows that the older, but still viable Asus Eee Pad Transformer will be available for just $250 on that crappiest of days. That’s the same price as the Nook Tablet and just $50 more than the Fire.
The just released official Steve Jobs biography by Walter Isaacson sheds light on the recently deceased Apple founder’s intense aversion for Android, which he detested for being a “stolen product.” He hated Android so much that he was even willing to “spend every penny of Apple’s $40 billion” to bring about its destruction. However, that didn’t quite pan out during Jobs’ lifetime. But now Microsoft must be hoping that it never does - at least not until Windows Phone 7 is a major force in the mobile market.
Has it really been ten years since Deus Ex first launched? We were expecting everyone in the real world to be part man, part machine, and part black leather trenchcoat by now. Oh well. At least Steam's still offering a nice consolation prize: Deus Ex in its entirety for so little that you can probably go take a quick dig through your couch cushions and announce, “I can now afford one of the greatest games of all time.”
Previously $9.99, Deus Ex is now available for the paltry sum of $2.50. Or, throw a couple extra dollars in the pot and you can nab both Deus Ex and its decent-but-not-amazing sequel Deus Ex: Invisible War for a grand total of $4.98. So basically, it's Deus Ex's birthday, but we're the ones getting the presents.
It's an excellent deal, and with Deus Ex: Human Revolution right around the corner, there's no better time to find out what all the hubbub's about. What else are you going to use $2.50 for? Some gum? Enough gas to get you to the pump right in front of you so you can refuel for real this time? This one sounds like a no-brainer to us.