The Good NET Guide

Posts Tagged ‘initial’

The InFocus SP8602 is a big, bad home theater projector. It’s hanging from my ceiling , hooked up to a Harmon Kardon Blu-ray player and a TiVo HD. Needless to say, life is good at the Burns homestead

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First look: InFocus SP8602 home theater projector

Yes indeed! The update, detailed here , is live live live! 24p, better audio bitrates, and a sandwich. Get your update on here

Here is the original: 
Canon 5D mk II update is live

AOL Instant Messenger is integrating Facebook Connect to allow AIM users to chat with their Facebook friends. The image to the right shows how the initial sign up will look.

We expect AOL and Facebook to make an announcement on the product on Wednesday, but you can try it now if you like at x.aim.com/facebook/preview.html. That’s a beta version, no word on when it will move into normal production.

In August 2009, Google announced that it had agreed to acquire On2 Technologies for – then – roughly $106 million. At the end of last year, On2 – not for the first time – postponed a meeting at which it had hoped to get shareholder approval for its purchase by Google.

A new shareholder meeting is scheduled for February 2010, but this morning Google and On2 released a joint press release announcing a deal to amend the merger agreement.

Under the revised terms, each outstanding share of On2 common stock will receive 0.0010 of a share of Google Class A Common Stock for each share of On2 common stock, as previously announced, plus an additional $0.15 per share in cash. This would increase the deal size to roughly $133 million, or about $26.5 million on top of the previous offer.

Google and On2 had initially said they expected the merger to be completed by the fourth quarter of 2009. If the deal is not completed by March 31 2010, either party can terminate it.

Right after the initial announcement was made, several On2 investors sued the company, alleging that management had not shopped the company around to get the best price and that it had sold at a discount of what it was actually worth. The lawsuits were settled by On2 in late October 2009.

The companies say the revisions to the terms serve to address the fact that the market value of Google’s Class A Common Stock has increased significantly since the initial merger announcement was made last August, while the value of the acquisition has remained fixed for On2’s stockholders. By increasing the consideration by an additional $0.15 per share in cash, On2’s stockholders are to receive additional value for their On2 common stock.

At the reconvened Special Meeting, scheduled for February 17, On2 common stock holders will be asked to vote upon the merger proposal and the adjournment proposal as set forth in the SEC proxy statement/prospectus that will be filed by Google shortly.

Google says this offer is final.

Crunch Network: CrunchBase the free database of technology companies, people, and investors

In August 2009, Google announced that it had agreed to acquire On2 Technologies for – then – roughly $106 million. At the end of last year, On2 – not for the first time – postponed a meeting at which it had hoped to get shareholder approval for its purchase by Google.

A new shareholder meeting is scheduled for February 2010, but this morning Google and On2 released a joint press release announcing a deal to amend the merger agreement.

Under the revised terms, each outstanding share of On2 common stock will receive 0.0010 of a share of Google Class A Common Stock for each share of On2 common stock, as previously announced, plus an additional $0.15 per share in cash. This would increase the deal size to roughly $133 million, or about $26.5 million on top of the previous offer.

Google and On2 had initially said they expected the merger to be completed by the fourth quarter of 2009. If the deal is not completed by March 31 2010, either party can terminate it.

Right after the initial announcement was made, several On2 investors sued the company, alleging that management had not shopped the company around to get the best price and that it had sold at a discount of what it was actually worth. The lawsuits were settled by On2 in late October 2009.

The companies say the revisions to the terms serve to address the fact that the market value of Google’s Class A Common Stock has increased significantly since the initial merger announcement was made last August, while the value of the acquisition has remained fixed for On2’s stockholders. By increasing the consideration by an additional $0.15 per share in cash, On2’s stockholders are to receive additional value for their On2 common stock.

At the reconvened Special Meeting, scheduled for February 17, On2 common stock holders will be asked to vote upon the merger proposal and the adjournment proposal as set forth in the SEC proxy statement/prospectus that will be filed by Google shortly.

Google says this offer is final.

Crunch Network: CrunchBase the free database of technology companies, people, and investors

Jamendo, a community of free, legal music published with Creative Commons licenses, is actively looking to sell to or merge with another company, TechCrunch Europe has learned. Jamendo CEO Laurent Kratz has confirmed rumors that had made their way to Twitter earlier this week.

The reason is fairly simple: Jamendo is running out of money after failing to raise a follow-up round of venture capital. The startup was looking to raise 1.5 million euros (roughly $2.15 million) after securing a ’significant amount’ in Series A funding back in June 2007. The company failed to come to an agreement with Mangrove Capital Partners, its original backer, and a potential new investor.

Jamendo, a community of free, legal music published with Creative Commons licenses, is actively looking to sell to or merge with another company, TechCrunch Europe has learned. Jamendo CEO Laurent Kratz has confirmed rumors that had made their way to Twitter earlier this week.

The reason is fairly simple: Jamendo is running out of money after failing to raise a follow-up round of venture capital. The startup was looking to raise 1.5 million euros (roughly $2.15 million) after securing a ’significant amount’ in Series A funding back in June 2007. The company failed to come to an agreement with Mangrove Capital Partners, its original backer, and a potential new investor.

TiVo has finally dropped the price on the HD and HD XL DVRs. These models have been rocking their initial MSRP for years now, but now they can be had for a little bit less. The 160GB HD model is now $249 and the 1TB model, $499 down from $599

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TiVo drops the prices of the HD and HD XL DVRs in the spirit of giving

We wrote that Twitturly filled a bit of a void when it was launched in April 2008 as a sort of Techmeme for all that gets linked on Twitter. Much of the initial excitement over its link tracking abilities ebbed away rather swiftly regardless, and competitors like Tweetmeme and Topsy have stolen much of Twitturly’s thunder since its launch.

Joel Strellner, who started the project, finally put Twitturly up for sale on Flippa ten days ago, and the auction just ended. Only five bids came in, and the sale ultimately netted no more than $8,500 – Strellner was hoping for double that amount.

Now, to be fair, Strellner has moved on to other things in the past few months and acknowledges that little attention has been paid to the service for a while, but the low selling price is still undeniably a bit of a bummer for him and his team. Despite a PageRank 6 and an Alexa rank of 40,106, Twitturly only attracted about 1,000 unique visitors per day, and that’s not even enough to warrant anyone to start thinking about monetization.

It’s unclear who the winning bidder is, but he or she is getting the codebase for the site, one month of support from Strellner, some domain names and 622 GB of data.

Crunch Network: CrunchBoard because it’s time for you to find a new Job2.0

Forbes Media has acquired FlipGloss and its Digital Glossy Insert photo publishing platform for an undisclosed amount. FlipGloss was fully funded by Forbes Media but was previously not considered a subsidiary of the media group. Founded by former Yahoo! digital music executives, FlipGloss has a host of prominent advisors, including Marc Bodnick from Elevation Partners, former Forbes publisher Jim Berrian, and the founders of Launch.com, Dave Goldberg and Bob Roback.

FlipGloss, which launched earlier this year, is a digital magazine focused purely on editorial and advertising photo content. The site features “lifestyle” based photography focused on fashion, design and travel and combines search engine capabilities with the experience of flipping through photo content of a magazine. Forbes just laid off a significant amount of staff but it still managed to pony up the funds for FlipGloss.

The FlipGloss’s patented Digital Glossy Insert slideshow technology lets users ‘Flip, Hover, and Discover’ editorial content and ads in an interactive image stream.Forbes says that FlipGloss’s technology already being implemented and is powering Forbes’ new ranking of “The World’s Most Powerful People.” It makes sense for Forbes to use FlipGloss to scale its multimedia capabilities. We were critical of FlipGloss’ ambitions to be a popular online destination in our initial review, but its technology is visually compelling.

Crunch Network: CrunchBoard because it’s time for you to find a new Job2.0