SCO to get $100m bailout
Five months after filing for Chapter 11 bankruptcy protection as part of a re-organisation effort last September, the SCO Group unveiled a potential $100 million cash infusion and a plan to take the embattled company private, reports Computer World.
In an announcement, SCO said that the cash will come from Stephen Norris & Co Capital Partners and partners in the Middle East who "have agreed to provide up to $100 million to finance a plan of re-organisation for The SCO Group".
Under the deal, which must be approved by the US Bankruptcy Court judge, in Delaware, who is reviewing the company's bankruptcy filing, SNCP would gain a controlling interest in the company and take it private.
Woman sues for $54m
A Washington DC woman has sued Best Buy for $54 million, claiming the consumer electronics retailer lost her computer and then tried to cover up the disappearance, says Information Week.
Raelyn Campbell, 37, acknowledges that the money she wants is more than the price of the notebook and the inconvenience she has suffered. But, she said the lawsuit, along with a blog she started to chronicle her legal battle with Best Buy, is necessary to make a point.
"I have filed a lawsuit against Best Buy and launched this blog in an effort to bring attention to the reprehensible state of consumer property and privacy protection practices at America's largest consumer electronics retailer," Campbell wrote.
Google releases Android kit
Google released a new version of the software development kit for its open mobile platform called Android, reports News.com.
The SDK has a new user interface, a geocoder that lets developers search for businesses, as well as translate an address into a co-ordinate and vice versa, support for new media codecs, and code that lets developers create layout animations.
One thing missing is a change to the telephony package, laments one developer on the Android Developer discussion on Google Groups.
EA co-ops Red 3
Less than 24 hours after Command & Conquer: Red Alert 3 was first revealed, Electronic Arts has officially announced the game, says Game Spot.
Like Command & Conquer 3: Tiberium Wars, the real-time strategy title will also be available for the Xbox 360. However, unlike its predecessor, Red Alert 3 will join World in Conflict on the PlayStation 3, marking the expansion of the traditionally PC-centric RTS genre onto another console.
In addition to divulging Red Alert 3's platforms, EA has revealed some details about the game itself. First and foremost, the game will sport "a fully co-operative, story-driven campaign". But, to the delight of some and disappointment of others, the story will be in the "lighthearted style" of Red Alert 2, which emphasised blackly humorous Soviet-era buffoonery during its live-action cut-scenes.
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