Category Archives: News

Lenovo to Pay Less for IBM Servers With Closing This Week

Lenovo to Pay Less for IBM Servers With Closing This Week

The final price will be $2.1 billion, down from the $2.3 billion originally announced in January, to reflect lower-than-projected inventories at the time of the Oct. 1 closing, Brion Tingler, a spokesman for Lenovo, said by phone today. The transaction wasn’t restructured, he said. Read the source article at Bloomberg

SoftBank Loses Some Luster After Alibaba IPO

SoftBank Loses Some Luster After Alibaba IPO

With a 32% stake in Alibaba Group that’s worth around $71 billion, Japan’s SoftBank is one of the biggest winners in the Chinese Internet company’s blockbuster initial public offering. Read the source article at WSJ Blogs

Group sues Orange County over Dropbox records

Group sues Orange County over Dropbox records

Dropbox provides “in the cloud” storage for online documents and allows people to share files. Organize Now also says IP addresses were redacted even though they aren’t exempt from the public records law. IP addresses identify each computer. County … Read the source article at Washington Times

Giving Away Software to Make It More Valuable

Giving Away Software to Make It More Valuable

A big-data start-up just destroyed itself to save itself. That is perhaps not a big deal, but it says a lot about where the world of big computing is headed. The company was called Continuuity, and it had spent three years building a cloud-based method to more … Read the source article at Technology