The European Union’s formal objection to Oracle’s proposed acquisition of Sun has evidently transformed the database giant’s intransigence into grudging agreeability. The EU has extended the deadline for approval of the $7.4 billion merger to Jan. 27 from Jan. 19 at Oracle’s request.
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If you follow AllThingsD, and Weekend Update hopes you do, then one thing you’ve come to value is the special way the staff gets around the world to cover the important stuff and report it straight from the geek’s mouth. This week our bicoastal brigade brought the tech news as it happened, and in Boomtown’s case, from 30,000 feet.
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AMD has been carping about Intel’s alleged anticompetitive acts without satisfaction for so long that the company evidently feels entitled to a bit of gloating now that its rival has found itself in the legal crosshairs of the European Union and New York Attorney General Andrew M. Cuomo, among others. In remarks made during AMD Financial Analyst Day, CEO Dirk Meyer said that Intel’s current legal woes “ratify” AMD’s allegations.
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Another big acquisition for Silicon Valley. Hewlett-Packard said Thursday said it would acquire networking gear outfit 3Com for $2.7 billion, or $7.90 a share. The acquisition, which has been approved by both companies’ boards, will bolster HP’s Ethernet switching offerings and, thanks to 3Com’s routing business, intensify competition with rival Cisco.
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Sometimes big news comes in small packages–especially in the world of high tech. This week, AllThingsD covered some little changes that mean serious consequences for the companies that make the stuff and consumers who rely on it.
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We knew it had to happen. There was no way the great white (and blue, and whatever color Yahoo is) search engine sharks could resist the fire hoses full of text chum Twitter produces 24/7. Heck, Twitter even chops its textual fish heads into lovely bite-sized chunks.
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For those about to rock, All Things Digital salutes you.
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Former Genentech chairman and CEO Art Levinson has resigned from Google’s board, where he has been a director since April 2004. No reason was given for his departure, though his membership on both the Google and Apple boards, and the Federal Trade Commission inquiry into into possible implications of such dual memberships, surely played a role.
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Though he resigned earlier this year, former MySQL boss Mårten Mickos still has strong opinions about the open-source database outfit, which was acquired by Sun in 2008. In a letter to the European Commission Thursday, Mickos urged regulators to green-light Oracle’s takeover of Sun, arguing that to delay it will only harm competition.
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Brocade investors are smiling into their coffee cups this morning after reports that the networking-gear maker has put itself up for sale sent the company’s shares soaring. People familiar with the matter tell The Wall Street Journal and Bloomberg that Brocade is seeking a buyer and that both Hewlett-Packard and Oracle are among its potential suitors.
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Randy Seidl’s bio is still live on the Sun Microsystems Web site, but the exec who once oversaw the company’s North American sales has new digs. At Hewlett-Packard.
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Four years after separating its PC business from its imaging and printing group, Hewlett-Packard is planning to merge them, undoing one of Mark Hurd’s first big moves as CEO. “People familiar with the situation” tell The Wall Street Journal that the plan under consideration would combine HP’s printer and PC businesses under Todd Bradley, who currently oversees only the latter.
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Kara was half James Bond, half Indiana Jones in the cities and jungles of BoomTown this week. She jet-setted, jet-lagged and still managed to report on a genuine cougar fight.
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Looks like the worst is once again behind us. In remarks at the Intel Developer Forum on Tuesday, Intel CEO Paul Otellini said the PC industry is headed for recovery, albeit slowly.
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