×
The Almighty Buck

Two Outside Bids For Dell Threaten Founder's Buyout Plan 79

An anonymous reader writes "Seven weeks ago, Dell announced a definitive agreement to be taken private by a group led by founder and CEO Michael Dell and the private equity firm Silver Lake Partners, assisted by a $2 billion loan from Microsoft and debt financing from a group of big banks. The deal was valued at $24.4 billion ($13.65 per share of Dell common stock), but allowed for a 45-day "go shop" period for alternative bids to be submitted to a special committee of Dell's board. Not all large shareholders were happy with the price, and early this month billionaire investor Carl Icahn threatened to tie up the buyout in court unless a large special dividend was paid to shareholders — without showing interest in buying the company himself. More recently, the private equity firm Blackstone Group jumped into the fray, and by Friday night's deadline both Blackstone and Icahn had submitted bids for Dell exceeding the original $13.65 per share agreement. Blackstone is said to be interested in installing Oracle's Mark Hurd as CEO, replacing Michael Dell. As Hurd was fired as Hewlett Packard's CEO in 2010 for alleged sexual misconduct involving an outside consultant named Jodie Fisher, he might have difficulty landing another CEO job at a publicly traded company; the Dell position could be an intriguing fit for both sides."
Cloud

A Glimpse of a Truly Elastic Cloud 201

New submitter cloudozer writes "Virtual servers in the future may stop using OSes entirely. As recently demonstrated OS-less platforms may change our understanding of how long does it take to bring a server up. A demo server gets created, booted up, configured, runs an application and shuts down in under 1 second. Radically lower startup latency means that the computing infrastructure may be woven strictly on demand, during the processing window allotted for a given request. Currently cloud providers round an instance uptime to the full hour when calculating charges. They might need to switch to per-second billing if OS-less instances get traction. The demo uses a new Erlang runtime system capable of running directly on Xen hypervisor."
Android

KDE's Calligra Office Suite For Android Released 61

jrepin writes "Coffice is a new project that tries to make KDE's Calligra office suite available on mobile platforms like Android, Blackberry 10, Jolla SailfishOS and Ubuntu Phone. Calligra already has some presence on smartphones, since document viewer on Nokia N9 is based on it. The first release brings Calligra Words viewer for OpenDocument Text documents and is currently available for Android only. Plans for later releases include viewers for spredsheets and presentations. Editing and saving as well as support for proprietary Microsoft Office formats are coming later."
GNU is Not Unix

2012 Free Software Award Winners Announced 43

jrepin writes "Free Software Foundation president Richard M. Stallman announced the winners of the FSF's annual Free Software Awards at a ceremony held during the LibrePlanet 2013 conference. The Award for the Advancement of Free Software is given annually to an individual who has made a great contribution to the progress and development of free software, through activities that accord with the spirit of free software. This year, it was given to Dr. Fernando Perez, the creator of IPython, a rich architecture for interactive computing. The Award for Projects of Social Benefit is presented to the project or team responsible for applying free software, or the ideas of the free software movement, in a project that intentionally and significantly benefits society in other aspects of life. This award stresses the use of free software in the service of humanity. This year, the award went to OpenMRS, a free software medical record system for developing countries."
The Courts

9th Circuit Affirms IsoHunt Decision; No DMCA Safe Harbor 211

crankyspice writes "The federal Ninth Circuit Court of Appeals recently affirmed, in Columbia Pictures Industries v. Fung (docket no. 10-55946), the summary judgment and injunctions against Gary Fung and his IsoHunt (and 3d2k-it) websites, finding liability for secondary copyright infringement for the sites' users' BitTorrent (and eDonkey) file sharing, under the 'inducement' theory (set forth by the Supreme Court in Metro-Goldwyn-Mayer Studios, Inc. v. Grokster Ltd. , 545 U.S. 913 (2005)). The injunctions were left largely intact, with modifications required to make it more clear to the defendants what BitTorrent (etc) related activity they're enjoined from." Bloomberg has a short article on the case, too.
Google

Nokia Officially Lists Patents Google's VP8 Allegedly Infringes 180

An anonymous reader writes "Google just settled video codec patent claims with MPEG LA and its VP8 format, which it wants to be elevated to an Internet standard, already faces the next round of patent infringement allegations. Nokia submitted an IPR declaration to the Internet Engineering Task Force listing 64 issued patents and 22 pending patent applications it believes are essential to VP8. To add insult to injury, Nokia's declaration to the IETF says NO to royalty-free licensing and also NO to FRAND (fair, reasonable and non-discriminatory) licensing. Nokia reserves the right to sue over VP8 and to seek sales bans without necessarily negotiating a license deal. Two of the 86 declared IPRs are already being asserted in Mannheim, Germany, where Nokia is suing HTC in numerous patent infringement cases. A first VP8-related trial took place on March 8 and the next one is scheduled for June 14. In related Nokia-Google patent news, the Finns are trying to obtain a U.S. import ban against HTC to force it to disable tethering (or, more likely, to pay up)."
Japan

Hitachi's Tiny Robo-Taxi Carries 1 Passenger and No Driver 86

New submitter terrywo5 writes "A new driver-less robotic car nicknamed ROPITS was revealed recently by Hitachi in the city of Tsukuba. This tiny robotic car uses GPS to transport its single passenger, and it can be programmed to pick up and drop passengers automatically. Check this article and video to learn more about this car."
The Internet

ICANN Reveals Regional Winners of New gTLDs 69

hypnosec writes "The Internet Corporation for Assigned Names and Numbers has approved and released a list of domain names as per its new global Top Level Domain plans. A total of 27 domain names have been cleared for use by ICANN, and all of them are non-English domain names. Consisting of Chinese and Arabic names, the list of domain names seems to be mostly for regional companies, prominent among which are the .Qatartelecom and .Mozaic domains."
Image

IRS Spent $60,000 Producing Star Trek Parody 280

An anonymous reader writes According to the AP, the IRS is being "scolded for spending $60,000 dollars on an elaborate parody video that played at a 2010 conference. 'The video features an elaborate set depicting the control room, or bridge, of the spaceship featured in the hit TV show. IRS workers portray the characters, including one who plays Mr. Spock, complete with fake hair and pointed ears. The production value is high even though the acting is what one might expect from a bunch of tax collectors. In the video, the spaceship is approaching the planet 'Notax,' where alien identity theft appears to be a problem.' You can find the hilarious and/or nausea-inducing video on YouTube."
Government

US Senate Passes National Internet Sales Tax Mandate 297

SonicSpike writes with the news that the U.S. Senate yesterday "passed a nonbinding proposal to allow states to collect sales tax on Internet sellers that have no presence within their borders. The proposal was an amendment to a 2014 budget bill that the Senate debated Friday. It was pushed by Senators Mike Enzi, a Wyoming Republican, and Dick Durbin, an Illinois Democrat, and was designed to give backers a sense of whether they had enough votes to push forward with final legislation to impose an Internet sales tax. The vote showed they have plenty of backing to overcome any filibuster seeking to block a final sales tax bill."
Businesses

World's Largest High-Rise Data Center Opens In New York 60

CowboyRobot writes with this excerpt from Wall Street & Technology: "[Wednesday of this week], Mayor Michael Bloomberg announced the opening [of] a 1 million square foot high-rise data center [in the] old Verizon switching building at 375 Pearl Street. Sabey Data Center Properties, the owner of the property, has named the data center Intergate.Manhattan and says the building's location, power supply and connectivity to underground fiber make it an ideal location for a data center in New York City. ... Intergate.Manhattan has only one tenant so far, the New York Genome Center, a compute and storage platform for 12 leading medical institutions to tackle the big data challenges that will bring the benefits of genomics to patient care." Let's hope they keep plenty of fuel around for next storm season.
Encryption

Ask Slashdot: Simplifying Encryption and Backup? 148

New submitter FuzzNugget writes "A recent catastrophic hard drive failure has caused me to ponder whether the trade-off between security and convenience with software-based OTFE is worthwhile. My setup involves an encrypted Windows installation with TrueCrypt's pre-boot authentication, in addition to having data stored in a number of TrueCrypt file containers. While it is nice to have some amount of confidence that my data is safe from prying eyes in the case of loss or theft of my laptop, this setup poses a number of significant inconveniences." Read on below; FuzzNugget lists some problems with this set-up, and seeks advice on a simpler system for backing up while keeping things locked down.
Role Playing (Games)

Meet the Gamers Keeping Retro Consoles Alive 79

An anonymous reader writes "You see those stories popping up every now and then — new Dreamcast game released, first SNES game in 15 years etc — but an in-depth feature published today takes a look at the teams behind the retro revival, and looks at why they do what they do. Surprisingly, there seems to be a viable audience for new releases — one developer says his games sell better on Dreamcast than they do on Nintendo Wii. Even if the buyers vanished, the retro games would still keep coming though: 'I wager I'd have to be dead, or suffering from a severe case of amnesia, to ever give this up completely,' says one developer." Update: 03/23 18:28 GMT by T : If you want to play original classic games on new hardware, instead of the other way around, check out Hyperkin's RetroN 3, which can play cartridges from 5 classic consoles.
Programming

Will Donglegate Affect Your Decision To Attend PyCon? 759

theodp writes "Its Code of Conduct describes PyCon as 'a welcoming, friendly event for all.' But will the post-conference fallout from this year's 'Donglegate' debacle and proposed remedies affect your decision — one way or the other — to attend next year's PyCon in ironically naughty Montreal? And even if not, could 'Donglegate' influence the-powers-that-be whose approval you'll need to attend? How about conference sponsors?"
United States

Florida House Passes Bill To Ban "Internet Cafes" 124

A user writes "Concerned about their use as fronts for gambling operations, the Florida legislature passed a law banning Internet cafes. The law appears to be a reaction in part to the recent stepping down of Lt. Gov. Jennifer Carroll, embroiled in a scandal involving a company that operates Internet Cafes. More ordinary cafes with Wi-fi, where you supply your own computer (such as Starbucks), are not affected by the ban." The nomenclature here is confusing; the bill (PDF) (summary) is clearly aimed only at "cafes" that are essentially gambling venues; an Internet cafe wouldn't violate the proposed rule merely by providing computers. Whatever you think of prohibitions on gambling among consenting adults, the bill itself is sort of amusing for its very specific loopholes for bingo and "reverse vending machines."

Slashdot Top Deals