Retron writes: One of the UK's leading tech companies, ARM Holdings, has been the subject of a hostile takeover bid from the Japanese firm Softbank. The bid values the shares at £17 each, a far higher price than the £11.88 they were worth at the close on Friday.
Chips using ARM technology are used in all sorts of gadgets and devices, from washing machines to iPads.
Retron writes: The Telegraph reports that the UK Government is going to ban companies from offering "unbreakable" encryption, effectively requiring a backdoor in products from the likes of Google and Apple. The reasons given are that they don't want the likes of terrorists and paedophiles to communicate in places the Police can't reach.
Given that Apple especially makes a big fuss of their encryption standards, will they really cave in to the Government's demands? Will the population support the moves? And why is there no mention of Tor or VPNs?
Retron writes: The BBC brings news that British retailer Zavvi mistakenly sent out PlayStation Vitas to people who had preordered a game called Tearaway. It's now threatening legal action against those who have kept theirs despite a request to return them. It's unclear whether the Distance Selling Act protects consumers who have mistakenly been sent an expensive item and forums such as Eurogamer seem divided on the issue.
Retron writes: Sony is to close its LIverpool studio, formerly known as Psygnosis. The studio created games such as Lemmings, Shadow of the Beast and Wipeout.
A statement posted on Kotaku said "It has been decided that Liverpool Studio should be closed... by focusing our investment plans on other studios that are currently working on exciting new projects, we would be in a stronger position to offer the best possible content for our consumers."
Retron writes: nVidia has at last unveiled the GK110 "full" Kepler graphics module. It's not for gamers though as they're keeping it solely for their HPC cards. The GK110 is what was originally expected to be the GeForce 680, before nVidia decided to rebrand their midrange GK104 as the 670 and 680.
Retron writes: Reports are appearing on the Web of the PS3's successor, tipped for a late 2013 release. Backwards compatiblity with the PS3 is said to be non-existant, with the platform being based on an AMD x64 CPU with a Radeon 7xxx "Southern Islands" GPU. Furthermore, it looks like draconian controls will be put on games, all but snuffing out second-hand sales.
Retron writes: Although various leaked versions of Windows 8 have been floating around the Net for the past few months, Microsoft will release an official developer preview later today. The options include x86, x64 and x64 with developer tools and sample applications, all in ISO format. Upgrades from Windows 7 aren't supported, so best to use a VM or spare partition.
Retron writes: The AFP reports that geologists got an unexpected result when drilling a borehole in Poland — they came across permafrost buried 350 metres below ground. The permafrost is reckoned to date back to the last ice age.