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EA no longer interested in Take-Two

Wall Street continued to anticipate that the long siege would end in an agreement. Hopes for a sweetened bid from EA (NYSE:EA)faded, however, as the company said it would let its formal offer, for $25.74 a share, lapse on Monday night. Take-Two’s shares slipped on Monday, falling 69 cents to $2.15 In a letter to Strauss Zelnick, chairman of Take-Two, John Riccitiello, chief executive of EA, said he was not prepared to stand behind the original offer “given the passage of time” since it was made, and that EA needed to carry out due diligence before being able to confirm the price. In a hint that the company might consider lowering its bid, he added: “We no longer believe we can integrate Take-Two ahead of the important holiday season.” Source

AMD Foundation Launches “AMD Changing the Game”

NEW YORK – June 2, 2008 – AMD (NYSE: AMD) today announced the launch of AMD Changing the Game , the first initiative of the newly formed AMD Foundation . The AMD Changing the Game program is intended to improve critical technical and life skills by teaching kids to develop digital games with social content. The program is rooted in AMD’s commitment and experience in supporting education with the company’s passion and expertise in the gaming industry. The program’s launch accompanies AMD’s sponsorship and participation at the Fifth Annual Games for Change Festival to be held June 3 - 4 at Parsons The New School for Design in New York City. AMD Changing the Game is a natural fit for AMD, which features products powering the visual experience of the two most popular gaming consoles in the world today [1] and which recently launched AMD GAME!, a program designed to help consumers select perfectly suited PCs for high-definition gaming. “ We have a tremendous opportunity to harne...

PlayStation 3 Cluster Super Computer on Sony Virtualization layer

This is really neat. OK cluster are not unknown. OSCAR Rocks, MPI, Piranha..there are loads of them. This one was also cool. Here is the official news print. “Scientific computing is just number crunching, which the PS3s are very good at given the Cell processor and deploying them in a cluster,” Mueller said. “Right now one limitation is the 512 megabyte RAM memory constraint, but it might be possible to retrofit more RAM. We just haven’t cracked the case and explored that option yet.” Another problem lies in limited speed for double-precision calculations required by scientific applications, but announcements for the next-generation Cell processor address this issue. “In the computing world there is a list of the top 500 fastest computers,” Mueller said. Currently the fastest is BlueGene/L, a supercomputer with more than 130,000 processors at Lawrence Livermore National Laboratory. The PS3 cluster at NC State does not break into the top 500, but Mueller estimates that with approximat...

HP to acquire Rahul Sood's Voodoo PC!

Well hear from the horse's mouth yourself . I don't need to say much as Rahul seems to tell his tales pretty well ;-) So who's it gonna be next on the gaming arena: SUN or IBM? The Falcon is waiting. Or will Oracle whack us silly with another surprise move. Its the age of personalization. More than ever. Why? See around yourself. In your homes. In the education sector . Everywhere! There are modern CEOs who do gaming to learn their clients. I can go on and on. But you get the drift, I see...