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Nero, Uhura, Spock, and Kirk... in technicolor!
read more | digg story
Negotiations were in full swing as of last Tuesday passing the term sheet [document outlining the material terms and conditions of a business agreement.] stage and the two companies were in final negotiations in the $200 million range. But sometime this last week Google decided to walk from the deal.Sources are indicating there was something about the management or basic technology about how Digg works that was to blame. Kevin and Co. seem to be doing fine, though, with their current venture funding of $11 million.
Digg was notified on late Thursday or Friday. Google was in the due diligence stage of the deal, where they peer deep into Digg’s technology and financial statements. Most term sheets are non binding, so anything that gives the buyer pause can be used as an excuse to walk away - but generally the buyer already has a very good idea what they are getting well before the term sheet stage.
"The two companies have reportedly signed a letter of intent and are close to a deal that will bring Digg under the Google News property. The acquisition price is in the $200 million range, says one source."
Las Vegas - Star Trek: The Experience, Las Vegas’ premier interactive attraction willread more | digg story
conclude its historic 11 year run at the Las Vegas Hilton on September 1, 2008.
Since 1998, millions of guests have gone boldly into the 24th century to battle Klingons, Borg, and other hostile aliens. The original complex featured the Klingon Encounter, an interactive adventure and ride. In 2004 Borg Invasion 4-D was introduced and the Secrets Unveiled Backstage Tour was unveiled in 2005, making Star Trek: the Experience the stomping grounds for fans around the galaxy.
Asked if there is any final transmission he’d like to convey from the Enterprise bridge, Chad Boutte, Operations Manager and Director of Marketing said “Hailing frequencies open. We’d like to thank all the fans and friends of Star Trek, whose constant and amazing support we’ve enjoyed throughout our tenure at the Las Vegas Hilton.
As we boldly go into the futures that await, know that we take your love of Star Trek: The Experience with us. We share the memories of time spent in the most unique place in the Galaxy, and we carry those memories into our futures with us. Live long, and prosper.
Hailing frequencies closed.”
A new study suggests that attitude rather than availability may be the key reason why more Americans don't have high-speed Internet access. The findings from the Pew Internet and American Life Project challenge the argument that broadband providers need to more aggressively roll out supply to meet demand.read more | digg story
Only 14 percent of dial-up users say they're stuck with the older, slower connection technology because they can't get broadband in their neighborhoods, Pew reported Wednesday.
Thirty-five percent say they're still on dial-up because broadband prices are too high, while another 19 percent say nothing would persuade them to upgrade. The remainder have other reasons or do not know.
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