Fujitsu is fairly new to the external hard drive game, but they recently hit one out of the park with the Fujitsu HandyDrive. Each hard drive that makes its way through our labs seems to get cheaper and cheaper (from a cost per gigabyte standpoint), and the HandyDrive is no different. Since Fujitsu shipped us the 400GB version for our testing, we used the current retail price of $110 to calculate a $0.27 per gigabyte cost for the end user. Compare that to the last external drive we tested, the Transcend StoreJet 25 Mobile, which came out to $0.… Read more
Shares of Sun Microsystems suffered a staggering jolt Monday, following reports that the hardware maker rejected IBM's formal bid over the weekend and Big Blue has withdrawn its offer.
Sun's stock plummeted nearly 23 percent to $6.68 a share in premarket trading, following reports in The New York Times and The Wall Street Journal that the company rejected a formal buyout bid of $9.40 a share or less, and terminated an exclusive negotiating agreement, prompting IBM to withdraw its offer.
Sun's shares closed at $8.49 a share during the regular trading session on Friday. … Read more
Updated at 7:13 p.m. PDT, with comment from Sun Microsystems and market share information for both companies.
Sun Microsystems rejected IBM's formal buyout offer on Saturday, calling the bid insufficient and putting future deal talks at risk, according to a report Sunday in The Wall Street Journal.
IBM reportedly made a formal bid of $9.40 a share, or less, for Sun, which in turn rejected the offer and terminated Big Blue's right to exclusive merger talks, the Journal reported. IBM, in turn, withdrew its buyout offer.
In addition to holding a belief that the bid … Read more
After weeks of negotiations, IBM reportedly is eyeing a $9.55-per-share buyout for Sun Microsystems, according to a report in The Wall Street Journal.
Such a price would value the deal at roughly $7 billion and offer Sun investors nearly double the price of the stock before reports surfaced earlier this month that the parties are in buyout talks.
A report in The New York Times, meanwhile, notes the parties are discussing a purchase price of $9.50 a share.
In either case, Sun's investors haven't seen the hardware maker's stock trade at those levels since August. … Read more
Ladies and gentlemen, we have a new low! OnSale.com has the Fantom GreenDrive 1 terabyte external hard drive for $79.99. UPS Ground shipping will run you a very reasonable $4.99.
I don't have a problem with rebates, but I know that some people hold them in the same regard as AIG bonuses. (Surely, they aren't that bad.)
As for the drive itself, it features USB 2.0 … Read more
IBM has reportedly cut its purchase price for Sun Microsystems to a range of $9 to $10 a share. And Sun is apparently willing to accept the lower range providing IBM agrees to pursue the deal, even in the face of antitrust scrutiny, according to a report Thursday in The Wall Street Journal.
Previously, IBM was contemplating a buyout price of $10 to $11 a share, according to the Journal. Big Blue had recently been delving into Sun Microsystems' contracts for any possible conflicts, as part of its due diligence on the company.
Sun Microsystems stock spiked 6.25 percent … Read more
SOS Online Backup is aimed at people interested in their computer's security. Users can save important files to an Internet server so that if anything is lost or stolen, these files can be retrieved. While some users reported issues during the installation process, the program worked well overall.
This program gives users an opportunity to take their most precious information--music, pictures, and so on--and store them remotely. The big draw to this program is its capability to restore these files anywhere on any computer. By quickly setting up a profile with a username and password, any computer with the … Read more
Updated at 9:15 a.m. PDT with comments from analyst Daniel Amir.
Apple is expected to begin production on a high-end iPhone with 32GB of flash memory and a low-end 3G version this spring, according to a research report released Tuesday by Lazard Capital Markets analyst.
Production is anticipated to begin in April and ramp up in May, and the new phones could be announced in June, Daniel Amir, a Lazard Capital Markets analyst, said in his report.
He noted, however, that the low-end version may only be available in the fast-growing, emerging markets of Brazil, Russia, India, and … Read more
Cloud storage is getting a lot more feasible for the enterprise.
ParaScale, a start-up that develops cloud-storage solutions, announced Monday the availability of its ParaScale Cloud Storage (PCS) software. The software, once installed on any standard Linux platform, enables the server to be linked with others to act as one massive file repository that offers high parallel throughput. … Read more