HP offers $57M settlement in WebOS class action suit
HP has been in the middle of fighting a class action suit brought against it by some if its investors. The investors included in the case are mostly institutional investors that were angry at how HP handled WebOS. The crux of the issue for the investors is that HP spent a huge sum of money to buy Palm just to get WebOS and talked up how it would flood the market with hardware running the OS.
HP then launched one product, pulled it off the market quickly, and then sold WebOS. The investors claimed that HP publically talked up its plans to make WebOS big and then privately worked other plans. HP has now made an offer to settle the class action and the offer is huge reports The Verge.
HP has offered to pay $57 million to settle the suit. The offer has to be approved by the court. It's unknown when the courts will approve the offer. Until the court makes the decision, the $57 million has been placed into an interest-bearing account to sit until the courts give the final approval or denial.
HP sold WebOS to LG and LG plans to use the operating system in a line of SmartTVs. In fact, the first of these TVs was seen at CES 2014 earlier this year. The history of WebOS tells us that chances are the Os will fail again. WebOS has yet to find a market where it can compete with other software out there.
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Marc VDS Racing’s Tito Rabat
2014 Brno Moto2 Qualifying Results
Marc VDS Racing’s Esteve Rabat (59) earned the pole Saturday for the bwin Czech Republic Grand Prix qualifying at Brno.
The Spaniard’s qualifying time was 2:01.911, a scorching pace for the Moto2 class at Brno. Rabat leads the Moto2 title series with 183 points, a slim seven points ahead of teammate, Mika Kallio (FIN).
In Saturday’s qualifying rounds, Kallio could do no better than sixth, but only 0.606 of a second off Rab ... Source: Ultimate Motorcycling
Full article at: Ultimate Motorcycling
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4 days ago, 12:00am CDT
2014 Brno Moto2 Friday Practice
When the first day of Moto2 free practice concluded Friday at Brno, the current series leader – Tito Rabat – was quickest.
Marc VDS Racing pilot posted the quickest time in a dry FP1. Rabat’s time was a 2:03.126, and he outpaced teammate Mika Kallio and Dynavolt Intact GP’s Sandro Cortese.
No one could top Rabat’s time in FP2, which took place under wet track conditions, though the sun almost dried out the track towards the end.
Second quickest over ... Source: Ultimate Motorcycling
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Logo by Kristian HornINTROWhat the &#$% is ZOMBIES & SHARKS?Greetings, all. Ambush Bug here with another AICN HORROR: ZOMBIES & SHARKS column. Wh ... Source: aintitcool
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Google Inc. and Hewlett-Packard Co. are reportedly in talks to collaborate on an Android-powered "virtual assistant" for use in the workplace as a source for searching corporate data, according to The Information.
The platform would be enabled through Google Now — the Mountain View-based company's voice-activated search feature — allowing employees to ask their Android gadget for company information, ranging from financial information to product inventory data. ... Source: San Francisco Business Times
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