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Submission + - Newscorp to Purchase Photobucket

Submitted by DJCacophony on Tuesday May 08, 2007 @09:36AM

DJCacophony writes: Cnet is reporting that Newscorp, having already purchased Myspace, is purchasing image hosting site Photobucket for between 250 and 300 million dollars. The story details how Photobucket and Myspace, which have previously had disputes over advertising on each others' sites, will now be integrated with each other.

Feed Lenovo laying off 1,400 employees, looking overseas (engadget.com)

From feed by engfeed on Saturday April 21, 2007 @10:32PM

Filed under: Desktops, Laptops

Tough news on the Lenovo front, as the "world's third ranking PC manufacturer" is looking to axe 1,400 of its US-based employees -- and fast. Reportedly, the firm has decided to lay off a good chunk of its American-based work force "within the next 30 to 60 days" as it turns around and creates around 750 new positions in Brazil, China, India and Slovakia. The company stressed that its return to profitability last year was greatly assisted by the laying off of upwards of 1,000 employees, and insinuates that the latest cost-cutting measures are just attempts to "make the organization more efficient by reducing expenses." The cuts also include a whopping 20-percent of the work force at Lenovo's Research Triangle Park (RTP) location and around five-percent overall, but should net some $100 million in savings for the new fiscal year. Sadly, it just seems to get more cutthroat every year in the corporate arena, regardless of accomplishments.

[Via TWW]

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Everything You Know About Disks Is Wrong 330

Posted by kdawson on Tuesday February 20, 2007 @09:34PM from the mean-time dept.

modapi writes "Google's wasn't the best storage paper at FAST '07. Another, more provocative paper looking at real-world results from 100,000 disk drives got the 'Best Paper' award. Bianca Schroeder, of CMU's Parallel Data Lab, submitted Disk failures in the real world: What does an MTTF of 1,000,000 hours mean to you? The paper crushes a number of (what we now know to be) myths about disks such as vendor MTBF validity, 'consumer' vs. 'enterprise' drive reliability (spoiler: no difference), and RAID 5 assumptions. StorageMojo has a good summary of the paper's key points."

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