FREMONT, CA – (22:58 ET) – (Updated) 3PAR (NYSE: PAR), a leading global provider of utility storage, says its board of directors has determined that the unsolicited proposal by Hewlett-Packard Company to acquire all of 3PAR’s outstanding common stock at $30 per share constitutes a “superior proposal.” The offer from HP is worth $2 billion. [...]
THEODORE, AL – BP has deployed two satellite controlled robot boats to monitor the oil-fouled Gulf of Mexico. It is the first time the robot unmanned Wave Gliders have been used in the Gulf. The Wave Gliders are state-of-art robot boats designed by Liquid Robotics in Silicon Valley. “The vehicles, known as Wave Gliders and [...]
LONDON, U.K. – BP says it has sold $7 billion worth of assets, including gas interests in Western Canada to Apache Corporation. The sale proceeds are expected to help BP pay for some of the costs of the oil spill response and cleanup in the Gulf of Mexico. BP said the deal with Apache involve [...]
CUPERTINO, CA – Apple has released a software update to address the much-hyped issue of dropped calls caused by touching an outer lower corner of the new iPhone 4. The firmware update corrects the algorithm for calculating signal strength bars. Preliminary tests show touching the antenna area does not now result in dropped calls. Apple [...]
CUPERTINO, California – Apple says it sold its three millionth iPad in just 80 days after its introduction in the US. Apple calls the iPad a revolutionary and magical product that allows users to connect with their apps, content and the Internet in a more intimate, intuitive and fun way than ever before. “People are [...]
GOOGLEPLEX, California – Google has completed its acquisition of mobile advertising king Admob. “Today, we closed our acquisition of AdMob. Omar Hamoui has built a great team and great products at AdMob and we’re thrilled to officially welcome them to Google,” said a Google statement. Hamoui had built up Admob as the premier click advertising [...]
By Carol Forsloff VENICE, La. – Louisiana is reeling from an oily mess that has hit its precious wetlands and the total shoreline impact has grown to 49 miles. Louisiana Gov. Bobby Jindal took a boat tour of a section of wetlands and “rode through and inspected thick, dark oil that has made its way [...]
CALGARY – A new survey says that 7 percent of Canadian parents of children aged 7-17 indicate that their child had been cyber-bullied. Known instances of cyber bullying increase with the age of the child. The prevalence of cyber bullying increases to 11 percent among those aged 16-17. One-quarter (26 percent) of parents stated that [...]
By Carol Forsloff NEW ORLEANS – “This never happened before” has been the mantra for early failures in response to the Gulf oil spill. This was the same explanation used for what later turned out to be inadequacies in response to Hurricane Katrina. Following Katrina in late August 2005 government officials congratulated one another on [...]
WASHINGTON – NASA has released spectacular new images taken by the recently launched Solar Dynamics Observatory, or SDO, which space scientists say will change our understanding of the Sun. “Some of the images from the spacecraft show never-before-seen detail of material streaming outward and away from sunspots. Others show extreme close-ups of activity on the [...]
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