Seagate Technology to Acquire Xyratex Ltd

Acquire Xyratex LtdStrengthens Capital Integration Strategy with Addition of Xyratex’s HDD Test Business

Expands Storage Portfolio with Acquisition of Xyratex’s Storage Systems Business

CUPERTINO, CA and HAVANT, UK – Dec. 23, 2013 – (CRWE Press Release) – Seagate Technology plc (NASDAQ: STX), a world leader in storage solutions, and Xyratex Ltd (NASDAQ: XRTX), a leading provider of data storage technology, today announced that they have entered into a definitive agreement under which Seagate will acquire all outstanding shares of Xyratex in an all-cash transaction valued at $13.25 per share, or a total of approximately $374 million, including approximately $80 million in cash on Xyratex’s balance sheet as of August 31, 2013. The consideration represents a premium of approximately 27% per share over Xyratex’s stock price at the close of trading on December 20, 2013. (more…)

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Media Users On Politics

Is social media losing it’s edge? It seems at times the population can get over saturated with apps and trends but certain technologies are embedded into our society for the long haul. Sports fans have embraced Twitter and it’s not uncommon for 1000′s of tweets per quarter per game. CNN covers political tweets on a daily basis. Here’s an interesting find by the Edison Research group. (they’re the ones who track the presidential statistics during elections and campaigns) Twitter users are more likely to be Democrats. (more…)

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Anthony Weiner, A Sore Loser

After getting trounced in the New York mayoral primary Tuesday night, Anthony Weiner said goodbye to the campaign in a manner befitting the foul-mouthed candidate — by flipping the bird after he delivered his concession speech. (more…)

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Suspension Of Aid To Egypt Adds Confusion Over Obama’s Policy

Compounding confusion over its Egypt policy, the Obama administration purportedly has made the decision to suspend aid to the military-backed government on a temporary basis — in spite of avoiding taking a public position on the matter. The Daily Beast reported that, according to a U.S. senator and unnamed administration…

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Suspension Of Aid To Egypt Adds Confusion Over Obama’s Policy
CORRECTION - US President Barack Obama speaks during a press conference in the Brady Press Briefing Room of the White House in Washington, DC, November 14, 2016. President-elect Donald Trump has vowed to move aggressively on a conservative agenda in filling Supreme Court vacancies, cracking down on immigration and cutting taxes, but also sought to reassure worried Americans they have nothing to fear from his presidency. / AFP / SAUL LOEB / The erroneous mention[s] appearing in the metadata of this photo by SAUL LOEB has been modified in AFP systems in the following manner: [US President Barack Obama speaks during a press conference in the Brady Press Briefing Room of the White House in Washington, DC, November 14, 2016.] instead of [US President-elect Donald Trump's campaign manager Kellyanne Conway speaks to the press as she leaves from the Trump Tower in New York on November 14, 2016. ]. Please immediately remove the erroneous mention[s] from all your online services and delete it (them) from your servers. If you have been authorized by AFP to distribute it (them) to third parties, please ensure that the same actions are carried out by them. Failure to promptly comply with these instructions will entail liability on your part for any continued or post notification usage. Therefore we thank you very much for all your attention and prompt action. We are sorry for the inconvenience this notification may cause and remain at your disposal for any further information you may require. (Photo credit should read SAUL LOEB/AFP/Getty Images)

Suspension Of Aid To Egypt Adds Confusion Over Obama’s Policy

Compounding confusion over its Egypt policy, the Obama administration purportedly has made the decision to suspend aid to the military-backed government on a temporary basis — in spite of avoiding taking a public position on the matter. The Daily Beast reported that, according to a U.S. senator and unnamed administration…

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A.P. Pharma Reports Q2 2013 Financial Results & Highlights Recent Corporate Progress (OTCBB:APPA)

A.P. Pharma, Inc. (APPA)

Today, APPA surged (+4.00%) up +0.015 at $.390 with 547,957 shares in play thus far (ref. google finance Delayed: 12:43PM EDT August 15, 2013).

A.P. Pharma, Inc. previously reported financial results for the quarter ended June 30, 2013.

A.P. Pharma experienced a net loss for the second quarter of 2013 was $15.4 million, or $0.05 per share, compared to a net loss of $4.6 million, or $0.02 per share, for the second quarter of 2012. Loss from continuing operations was higher in the current fiscal quarter primarily due to increased spending related to manufacturing development expenses and higher personnel costs, including stock compensation expense. (more…)

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U.S. May Be Overreacting To Terrorist Threat By Al Qaeda

us-embassy-yemen-200

The continuing response to a suspected Al Qaeda terror threat — evidently coming from the highest levels of the organization — is also creating worry that the U.S. may be overreacting to the intelligence, and revealing sensitive information in the process. (more…)

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U.S. May Be Overreacting To Terrorist Threat By Al Qaeda
Members of the Raid, a special intervention unit of the French police patrol in the northern Paris suburb of Saint-Denis city center, on November 18, 2015, as French Police special forces raid an appartment, hunting those behind the attacks that claimed 129 lives in the French capital five days ago. At least one person was killed in an apartment targeted in the operation aimed at the suspected mastermind of the attacks, Belgian Abdelhamid Abaaoud, and police had been wounded in the shootout. AFP PHOTO / LIONEL BONAVENTURE (Photo credit should read LIONEL BONAVENTURE/AFP/Getty Images)
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