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HP have just announced that they are 'reversing course' and will now not sell off their PC unit. HP announced in August that they would spin off the business, but with CEO Lep Apotheker now on the outside, and former eBay CEO Meg Whitman directing the HP ship, they've reevaluated their plans. Quoting Whitman here:
HP objectively evaluated the strategic, financial and operational impact of spinning off PSG [Personal Systems Group]. It's clear after our analysis that keeping PSG within HP is right for customers and partners, right for shareholders, and right for employees. HP is committed to PSG, and together we are stronger.
According to The Wall Street Journal, HP's initial estimate of a $300-400 million cost to spin off the PC unit proved to be far too low, further studies actually put the cost closer to $1.5 billion. On top of that, a strategic review determined the level of integration across HP's business was deep enough that contributions from the PC unit would actually be missed. HP ultimately decided to keep the business in-house.
LSI Corporation have just announced that they have signed a definitive agreement to acquire SandForce Inc for approximately $322 million in cash, net of cash assumed, and assume approximately $48 million of unvested stock options and restricted shares held by SandForce employees. SandForce is a leading provider of flash storage processors for enterprise and client flash solutions and solid state drives (SSDs).
SandForce controllers power most of the SSDs we all know and love, and the acquisition greatly enhances LSI's competitive position in the fast-growing server and storage PCIe flash adapter market, where the WarpDrive family of products from LSI are already SandForce-powered.
Abhi Talwalkar, LSI president and chief executive officer has a few things to say:
Flash-based solutions are critical for accelerating application performance in servers, storage and client devices. Adding SandForce's technology to LSI's broad storage portfolio is consistent with our mission to accelerate storage and networking. The acquisition represents a significant, rapidly growing market opportunity for LSI over the next several years.
Sigh. Apple have won their injunction and have halted the sale of the Samsung Galaxy Tab 10.1 in Australia, with Federal Court Justice Annabelle Bennett delivering her verdict just a little while ago now. Bennett's said it was "appropriate" to grant a temporary injunction. This isn't the end, however. The case was reportedly "evenly weighed", but still ruled in Apple's favor.
This is partly because Samsung weren't willing to present itself for an early final hearing in November. Both parties are set to have statements released, and are both expected back in court tomorrow for a directions hearing that will determine where the case goes from here. Samsung's statement is below (or in the full news post):
The great Steve Jobs has passed away after a long struggle with pancreatic cancer. He was just 56 years old. We at TweakTown dearly mourn his death and would like to offer our condolences to the Jobs family. Jobs was an amazing man, Apple is where they are because of him. Music is where it is because of him. Most technology firms are pushing so much further because of the things Steve did.
Steve pushed and pushed and put a computer into every single dorm room, bedroom and living room. Something Microsoft couldn't wish for - they just wanted it in your office. Years later, he put an Apple product in every bag, pocket and hand thanks to the iPad, iPhone and iPod.
He was a great man, a turtle-neck-wearing technological hero, an inspiration, a visionary. You'll be missed, Steve.
Samsung Electronics have just announced they will file separate preliminary injunction motions against Paris, France and Milano, Italy on October 5 local time requesting the courts block the sale of Apple's iPhone 4S in the respective markets. Samsung's requests in France and Italy will each cite two patent infringements related to wireless telecommunications technology, specifically Wireband Code Division Multiple Access (WCDMA) standards for 3G mobile handsets.
The patent they refer to is essential to the reliable functioning of telecom networks and devices and Samsung believes that Apple's violation as being too severe and that the iPhone 4S should be barred from sales. This bit is the bit that puts a smile on my Samsung lovin' dial:
Apple has continued to flagrantly violate our intellectual property rights and free ride on our technology. We believe it is now necessary to take legal action to protect our innovation.
The Battlefield 3 beta has given users the chance to either play the beta early (48 hours earlier than the open beta) and for those who didn't, they got a free, no obligation chance to test out the beta to see if they liked it. So far, most people have loved it. But there are of course, the haters. There are issues with the beta, but this is why it is a beta after all. It does not represent the final product, nor does it show off the entire game.
But, there has been a tweet from the guys behind Battlefield 3 have tweeted that they've lost 34,000 pre-orders with those numbers rising. They remind everyone that "people need to be aware this is a beta, much more to come for the full game". I have to reinforce the same thing, it's not perfect for me, but I expect that for a beta. I do expect more from the full game, but I haven't canceled my pre-order. The news of BF3 possibly hitting Steam made me cancel my CD-key order and wait for Steam, though.
BF3Blog has received an anonymous report from inside Valve, that they are in late-stage talks with EA to bring Battlefield 3 to Steam. The rumor is that Battlefield 3 will be available just in time for the release of the game on October 25. According to the report, EA and Valve are very close to reaching an agreement regarding sales of DLC content, which is the main reason Battlefield 3 wasn't previously coming to Steam.
Valve requires that all DLC is sold through Steam, whereas EA prefers to sell it through their own channels. This was why Crysis 2 (another EA title) was pulled from Steam earlier this year. Many PC gamers have lobbied both EA and Valve to bring Battlefield 3 to Steam and it looks like this may just happen. Fingers crossed!
Steve Jobs has officially submitted his resignation to the Apple board today, and as of this afternoon he will no longer be Apple's Chief Executive Officer. Tim Cook is set to take over as CEO. The exact details as to why he's stepping down as CEO are not disclosed, but many are guessing it's health-related. Jobs has been on medical leave since January 17 - the second time in two years. Steve Jobs' letter is below:
I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple's CEO, I would be the first to let you know. Unfortunately, that day has come.
I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.
As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.
I believe Apple's brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.
I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.
President Obama has scheduled a last-minute speech to address the nation regarding the hoopla of the debt ceiling and the potential of a U.S. default. The speech comes after Republicans and Democrats failed to strike a "grand bargain" that would have raised the debt ceiling and avoided the US defaulting and losing its AAA credit rating, Obama is set to adress the nation beginning at 9:00PM ET.
Obama's speech will be followed by a response from U.S. Speaker of the House John Boehner (R-OH). The speech will be live streamed from whitehouse.gov, click the link to watch it live.
Android 2.2 and above user? Strap in and get ready to have an updated Android Market experience. Google have a new version of the Android Market coming, a version that adds tabs for easy access to Google Books and Movies. From $1.99, you'll be able to start watching movies virtually instantly, offline access is also available which will allow users to download the movies to their devices for later viewing.
Books is now integrated also, saving the hassle of having to launch the app, which required one to open the browser to actually buy any digital books. The new design is also cleaner, finger-friendlier (Engadgets wording!! haha) and the addition of Editor's Choice apps should make your experience easier than ever. The update is rolling out over the next few weeks.
Also, if you're feeling jumpy, you can download the APK yourself and try it out - let me know how you go!