Journal Journal: Nintendo Wii
Nintendo Wii, new gaming device from Nintendo. A gaming device that not only offer new gaming experience through its revolutionary gaming controler; Wii remote and Nunchuck . . more
Submission + - It's Official: Sirius & XM Agree To Merge
sovtekmidget writes: "From Radio Ink:
It's official: Sirius and XM have agreed to merge in a deal that will consolidate the only two companies in the business of subscription-only satellite radio. In a statement from both companies, it was announced that Sirius CEO Mel Karmazin will become chief executive of the new company while XM Chairman Gary Parsons will remain in that role. Under the agreement, the companies will be combined in a tax-free, all-stock merger of equals with a combined enterprise value of approximately $13 billion, which includes net debt of approximately $1.6 billion. The companies have approximately 14 million combined subscribers and analysts predict the deal will save both companies approximately $7 billion annually. Wait a minute, isn't this going to create a monopoly? As reported on slashdot before, the FCC was going to shoot this down, but it looks as if it's getting pushed through anyways."
It's official: Sirius and XM have agreed to merge in a deal that will consolidate the only two companies in the business of subscription-only satellite radio. In a statement from both companies, it was announced that Sirius CEO Mel Karmazin will become chief executive of the new company while XM Chairman Gary Parsons will remain in that role. Under the agreement, the companies will be combined in a tax-free, all-stock merger of equals with a combined enterprise value of approximately $13 billion, which includes net debt of approximately $1.6 billion. The companies have approximately 14 million combined subscribers and analysts predict the deal will save both companies approximately $7 billion annually. Wait a minute, isn't this going to create a monopoly? As reported on slashdot before, the FCC was going to shoot this down, but it looks as if it's getting pushed through anyways."
How Jobs Played Hardball In iPhone Birth 479
Carl Bialik from WSJ writes "Apple bucked the rules of the cellphone industry when creating the iPhone by wresting control away from normally powerful wireless carriers, the Wall Street Journal reports. From the article: 'Only three executives at the carrier, which is now the wireless unit of AT&T Inc., got to see the iPhone before it was announced. Cingular agreed to leave its brand off the body of the phone. Upsetting some Cingular insiders, it also abandoned its usual insistence that phone makers carry its software for Web surfing, ringtones and other services... Mr. Jobs once referred to telecom operators as "orifices" that other companies, including phone makers, must go through to reach consumers. While meeting with Cingular and other wireless operators he often reminded them of his view, dismissing them as commodities and telling them that they would never understand the Web and entertainment industry the way Apple did, a person familiar with the talks says.'"
Submission + - Tesla to produce a standard electric
WindBourne writes: Apparently, Elon Musk is going to sell Electric cars to the middle class masses, not just the wealthy.Musk's Tesla Motors, based out of San Carlos, California, will use the plant to produce its "WhiteStar" car — a four door, five passenger sports sedan which is 100 percent electric. I will be be nice to see this encourage GM/Ford/Toyota/Honda/etc to get the true hybrids and electrics out the door sooner, rather than later.
