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Sun Microsystems

Oracle Buys Sun 906

Posted by CmdrTaco from the there-can-be-only-one dept.
bruunb writes "Oracle Corporation (NASDAQ: ORCL) and Sun Microsystems (NASDAQ: JAVA) announced today they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun's cash and debt. 'We expect this acquisition to be accretive to Oracle's earnings by at least 15 cents on a non-GAAP basis in the first full year after closing. We estimate that the acquired business will contribute over $1.5 billion to Oracle's non-GAAP operating profit in the first year, increasing to over $2 billion in the second year. This would make the Sun acquisition more profitable in per share contribution in the first year than we had planned for the acquisitions of BEA, PeopleSoft and Siebel combined,' said Oracle President Safra Catz."
The Courts

Appeals Court Says RIAA Hearing Can't Be Streamed 208

Posted by timothy from the may-not-is-more-like-it dept.
NewYorkCountryLawyer writes "The US Court of Appeals for the First Circuit has overturned a lower court order permitting webcast of an oral argument in an RIAA case, SONY BMG Music Entertainment v. Tenenbaum, in Boston. As one commentator put it, the decision gives the RIAA permission to 'cower behind the same legal system they're using to pillory innocent people.' Ironically, the appeals court's own hearing had been webcast, via an mp3 file. The court admitted that this was not an appropriate case for a 'prerogative writ' of 'mandamus,' but claimed to have authority to issue a writ of 'advisory mandamus.' The opinion came as a bit of a surprise to me because the judges appeared, during the oral argument, to have a handle on the issues. The decision gave me no such impression. From where I sit, the decision was wrong in a number of respects, among them: (a) it contradicted the plain wording of the district court rule, (b) it ignored the First Amendment implications, and (c) there is no such thing as 'advisory' mandamus or 'advisory' anything — our federal courts are specifically precluded from giving advisory opinions."
Space

Submission + - Oops: Colbert wins space station name contest 2

Submitted by mknewman
mknewman writes: NASA's online contest to name a new room at the international space station went awry. Comedian Stephen Colbert won.

The name "Colbert" beat out NASA's four suggested options in the space agency's effort to have the public help name the addition. The new room will be launched later this year.

NASA's mistake was allowing write-ins. Colbert urged viewers of his Comedy Central show, "The Colbert Report" to write in his name. And they complied, with 230,539 votes. That clobbered Serenity, one of the NASA choices, by more than 40,000 votes. Nearly 1.2 million votes were cast by the time the contest ended Friday.

http://www.msnbc.msn.com/id/29841715/
Media

Submission + - Popular HD DVD Disc Hits a Snag

Submitted by Anonymous Coward
An anonymous reader writes: Following weeks of headlines touting strong sales for Blu-ray discs, rival next-gen format HD DVD looked like it had its own success story in the making with this week's HD DVD release of the cult hit 'Children of Men.' The disc recieved a stellar review at High-Def Digest, and went on to out-sell the most popular Blu-ray discs on Amazon. But now comes word of apparent incompatibility issues with the Xbox 360 HD DVD player, with some (but not all) consumers reporting that even multiple returns of the disc are unplayable on the format's leading playback device.
Music

Submission + - Better Jukebox Software for Bigger Libraries?

Submitted by jimjenkins1975
jimjenkins1975 writes: I recently ripped and encoded my entire CD and Vinyl library, as well as merged my home and work computer's libraries (I work at a music company so my work library is very very large). It resulted in well over 750 GB of MP3's. I was hoping to get away with using iTunes to manage this, however the XML database file has grown very large, and the application itself is nonresponsive or very sluggish at best once it has loaded up (a process that takes several minutes itself) Question: Is there another application with similar features out there that can handle a library of this size with aplomb? I'm primarily on a Mac, and would prefer to keep using it, but I have a PC as well. Any ideas?
Communications

Submission + - Dvorak to Apple: Abort iPhone

Submitted by
eldavojohn
eldavojohn writes: "Our favorite inciter John Dvorak is advising Apple to cease all efforts on the iPhone citing the mobile handset business as a "buzz saw waiting to chop up newbies." He also made the harsh statement that "there is no likelihood that Apple can be successful in a [cellphone] business this competitive." Dvorak once again demonstrates his ability to garner attention through outrageous statements."
Sony

Sony May Be Planning 80GB PS3 107

Posted by Zonk from the convenient-leak dept.
narramissic writes "Included in a filing made by Sony to the U.S. Federal Communications Commission (FCC) earlier this month regarding a change to the PlayStation 3's Bluetooth module is notification of a new PS3 game console with a higher-capacity hard-disk drive. From the cover letter: 'The model CECHE01 to be added by the difference of the capacity of hard disk.' It then says the new model will have an 80G-byte drive. Of course, Sony is downplaying these rumours, saying that 'Application to the FCC has been made with various possibilities in mind, however, it does not lead to a new product announcement at this time.'

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