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Friday, July 15, 2022

How to Watch NBA Summer League: Stream Clippers vs. Jazz Live, TV Channel, Start Time

 

The Jazz are fighting for earn a spot in the playoffs at Las Vegas as they face the Clippers in  final days of NBA Summer League                                                                                    The Utah Jazz (2-1) come off their first loss in the NBA2K23 Summer League in Las Vegas but are still in play for the spot in the playoffs. The Los Angeles Clippers (1-2) have drop two straight after the opening win and they are unlikely to play beyond a fifth game.


How to Watch NBA Summer League, Los Angeles Clippers vs. Utah Jazz, Today:

Game Date: July 15, 2022

Game Time: 5 p.m. ET

TV: ESPN2Live stream the Los Angeles Clippers vs. Utah Jazz summer league game on fuboTV Utah lost to the Raptors on Wednesday 80-74. The Jazz trailed by as much as 18 and only made the final margin respectable with a big fourth-quarter surge. Jared Butler scored 12 points and dished out six assists but was 5-of-16 as Utah shot only 36.7% for the game and went 7-of-30 from deep. Veteran Bruno Caboclo and undrafted rookie Kofi Cockburn each got nine boards. Isaiah Miller, who played for  the G-League last year, had four super steals . The Clippers come in off an 80-75 loss to the Nuggets on Wednesday. LA trailed by 12 at the half and by as much as 17 and never led in the game.Jay Scrubb, who played on a two-way contract last year with  Clippers and has training camp deal on this year, scored 18 points.


Jarrell Brantley, who finished last season at France, grabbed 8 rebounds. He was the second-round pick of the Pacers in 2019 and was with Utah for 2 seasons on a both-way deal. Jason Preston, who missed all  season for LA after his foot surgery, had six assists and 3 steals to go with 9 points.

Mexico captures an infamous drug lord who killed a DEA agent

 

MEXICO CITY — Infamous drug lord Rafael Caro Quintero, who was behind the killing of one of U.S. DEA agent in 1985, has been captured by Mexican forces nearly decade after walking out of Mexican prison and returning to drug trafficking, an official person with Mexico's navy confirmed  on this Friday.


The source was not authorized speak publicly and agreed to confirm the action only if not quoted by name. No further details about the capture were immediately available victim

Mexican Court Frees Drug Lord Convicted In Killing of DEA Agent

Caro Quintero walked free in 2013 after 28 years in prison when the court overturned his 40-year sentence for the 1985 kidnaped and killed of U.S. Drug Enforcement Administration agent Enrique "Kiki" Camarena. The brutal murder marked a low point in U.S.-Mexico relations Caro Quintero, the former leader of the Guadalajara cartel, had since returned to drug trafficking and unleashed bloody turf battles in the northern Mexico border state of Sonora . President Andrés Manuel López Obrador has maintained that he is not interested in detaining drug lords and prefers to avoid violence.

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An appeals court overturned Caro Quintero's verdict, but the Supreme Court upheld the sentence. It was too late by then; Caro Quintero was spirited off in a waiting vehicle.

What to stream this weekend: 'Persuasion,' 'Zombies 3'

 

July 15  -- Netflix will bring from Jane Austen's romantic novel Persuasion to eval life, and Disney+ will air thechannel's third original film in the Zombies franchise on this weekend                                                                                                              

 Also, this weekend, an adventure-dramedy film, Don't Make Me Go, about a single father with a terminal disease dragging his elder daughter along on a great summer road trip will air on Prime Video, and the romantic comedy, Love sudden  Accidentally, will air on Free vee.


Friday, May 9, 2014

DRUG TEST, Cleveland Browns' Josh Gordon facing season ban

ESPN is reporting that star
WR Josh Gordon could face a season-long suspension for a positive drug test for marijuana.

Gordon would not deny or confirm the ESPN reports, and his agent, Drew Rosenhaus, called them "not true."

NFL Draft results 2014: Quarterbacks take a fall in Round 1

It was billed as one of the most unpredictable drafts in years, and the 2014 NFL Draft lived up to expectations in Thursday's first round.

Despite some rumors about them trying to trade out of the top spot, the Houston Texans hung on and took Jadeveon Clowney, making him the first defensive player to go No. 1 since Mario Williams in 2006. But the real madness came in the quarterback class.


Photo credit: Brad Penner-USA TODAY Sports
The Jacksonville Jaguars made the first real surprise of the night, selecting Blake Bortles over Johnny Manziel and Teddy Bridgewater. Many thought Johnny Football would end up with the Cleveland Browns when they traded down to the No. 9 spot, but Cleveland moved up one spot and grabbed Justin Gilbert instead. After that, Manziel tumbled to the 20s before the Browns traded back up to take him No. 22 overall.

Meanwhile, Bridgewater nearly had to wait until Friday to hear his name called, but the Minnesota Vikings traded back into of the first round to pick up the Louisville quarterback at No. 32. They also took Anthony Barr at No. 9, making it a nice haul for Mike Zimmer's first draft.

Elsewhere, the St. Louis Rams shored up the line on both sides, drafting Greg Robinson and Aaron Donald. The Buffalo Bills made an aggressive move to upgrade their receiving corps, sending their 2015 first and fourth-round picks to Cleveland to move to No. 4 and take Sammy Watkin
Here are the complete results for the first round:

Pick Team Player Position School
1 Houston Texans Jadeveon Clowney DE South Carolina
2 St. Louis Rams Greg Robinson OT Auburn
3 Jacksonville Jaguars Blake Bortles QB UCF
4 Buffalo Bills Sammy Watkins WR Clemson
5 Oakland Raiders Khalil Mack OLB Buffalo
6 Atlanta Falcons Jake Matthews OT Texas A&M
7 Tampa Bay Buccaneers Mike Evans WR Texas A&M
8 Cleveland Browns Justin Gilbert CB Oklahoma State
9 Minnesota Vikings Anthony Barr OLB UCLA
10 Detroit Lions Eric Ebron TE North Carolina
11 Tennessee Titans Taylor Lewan OT Michigan
12 New York Giants Odell Beckham Jr. WR LSU
13 St. Louis Rams Aaron Donald DT Pittsburgh
14 Chicago Bears Kyle Fuller CB Virginia Tech
15 Pittsburgh  Steelers Ryan Shazier OLB Ohio State
16 Dallas Cowboys Zack Martin OL Notre Dame
17 Baltimore Ravens C.J. Mosley ILB Alabama
18 New York Jets Calvin Pryor S Louisville
19 Miami Dolphins Ja'wuan James OT Tennessee
20 New Orleans Saints Brandin Cooks WR Oregon State
21 Green Bay Packers Ha Ha Clinton-Dix S Alabama
22 Cleveland Browns Johnny Manziel QB Texas A&M
23 Kansas City Chiefs Dee Ford DE Auburn
24 Cincinnati Bengals Darqueze Dennard CB Michigan State
25 San Diego Chargers Jason Verrett CB TCU
26 Philadelphia Eagles Marcus Smith OLB Louisville
27 Arizona Cardinals Deone Bucannon S Washington State
28 Carolina Panthers Kelvin Benjamin WR Florida State
29 New England Patriots Dominique Easley DT Florida
30 San Francisco 49ers Jimmie Ward S Northern Illinois
31 Denver Broncos Bradley Roby CB Ohio State
32 Minnesota Vikings Teddy Bridgewater QB Louisville

Dr Dre's Apple deal will make him the richest man in hip-hop

Name: Dr Dre.

Age: 49.

Appearance: Distinguished, very well-off.

What is he a doctor of? He's a rapper and record producer, real name Andre Young. The doctorate is sort of an honorary thing.

I was going to say that he sounds a bit overqualified. He's doing all right: Dr Dre is about to become rap's richest man.

Is he not already? The title currently belongs to P Diddy, who according to Forbes is worth $700m. But Dr Dre, former NWA member, Grammy-winning producer and Eminem and 50 Cent collaborator, now looks set to surpass him.

Wow. I had no idea there was so much money in misogynist rhyming. There isn't quite. Dr Dre's big payday would come from the sale of his Beats headphones empire to Apple.

Wow. I had no idea there was so much money in headphones. If there is it's due largely to Dr Dre and his partner, Jimmy Iovine, who started Beats Electronics in 2008. They made headphones fashionable, imbuing them with a streetwise, overpriced cool that only Apple's money can buy.

Roughly how much money are we talking about? With the sales of Beats Electronics and its fledging music streaming service, Beats Music, about $3.2bn

Come again? It's a big number. If it goes ahead it will be Apple's largest ever acquisition.

And Dr Dre will be hip-hop's first billionaire! That's what the headlines say. Pity it isn't true.

Of course it is! Do the maths! If you insist: the good doctor is presently worth $550m. He co-founded Beats, but last year Carlyle Group acquired a minority shareholding for $500m. His present stake is thought to be somewhere between 20 and 25%.

Which means? That after the sale – and after tax – Dre will be worth $800m; ahead of Diddy and Jay Z, but some way shy of his first billion.

Well he can always play a few concerts if he needs some cash. Or he could release his long-awaited but yet-to-arrive album Detox. Some say it was shelved to prevent a lukewarm reception damaging the Beats brand.

Do say: "He reached millions with his music, and made millions with his headphones."

Don't say: "Doctor, I'm having a slight problem with my hearing."

Friday, April 25, 2014

Cliven Bundy Explains Why Martin Luther King Jr. Would Be on His Side

The Warriors (1979)

SURPRISE! Parks and Recreation Season 6 Finale Review: Call Me Kristen, 'Cause I Am Wigging Out!

Most of Parks and Recreation's sixth season focused on the major changes in Leslie's life, like being recalled from the office she'd worked so hard to reach, receiving a great offer for a new job in Chicago, and discovering that she was pregnant with triplets. And in that regard, "Moving Up" felt more like a series finale than a season finale as it wrapped up several ongoing storylines, including Leslie's career decision, the Unity Concert, and Tom's new restaurant venture. It also featured cameos from almost everyone who's ever appeared on the series, and it was full of wonderful surprises—from a Li'l Sebastian hologram to a Mouse Rat reunion to a surprise appearance by Duke Silver to a cameo by Jon Hamm. But perhaps the biggest shocker came when the series jumped three years into the future in the final moments of the episode, and LESLIE HAD BANGS. Oh yeah, there was also the bit about how she took the job with the U.S. National Park Service, but convinced her new boss to let her live and work in Pawnee instead of Chicago (it's a good thing Ron spent so much time fixing up the third floor of City Hall instead of, say, doing his actual job). Ben and Leslie's children are now toddlers, Ben has a fancy new job (might it have something to do with the Cones of Dunshire game, which is apparently sweeping the nation?), and Jerry-Larry is now named Terry. There were so many new things thrown our way in that time jump that I barely had time to appreciate Jon Hamm, whose character felt a bit like a poor man's Chris Traeger with his good looks, positive attitude, and use of the word literally. However, I don't know that Hamm's cameo—which I'm glad the show kept a secret after announcing literally every other guest-star—beats out Michelle Obama's cameo. Leslie's reaction to meeting the FLOTUS was actually more entertaining than anything Lady Obama actually said or did, but it was definitely a highlight of "Moving Up."

Sunday, December 18, 2011

The things you learn from Sacramento Kings Media Day and Fanfest

Yesterday, the Sacramento Kings held annual media day festivities along with a free open scrimmage for fans. It was unusual timing considering we’ve already had full access to the Kings for since Saturday. But because of the lockout, the Kings and the rest of the NBA aren’t running on your typical league calendar.
Starting off on a serious note…
The injury bug has all of a sudden bitten the Kings.  Four of their five presumed starters are suffering  some sort of ailment today: John Salmons (right quad contusion, happened during last night’s open practice), Chuck Hayes (a possible heart abnormality, information still developing),  Tyreke Evans (bum left foot), DeMarcus Cousins (bum right ankle and tweaked left shoulder).  Of the four injured, Evans and Cousins should worry Kings fans the least since both were seen lightly shooting baskets on the court during media day.
Evans on his health: “No concern.  I  could’ve really finished practice (on Wednesday).  I just wanted to be careful because DeMarcus tweaked his (foot).  We didn’t want two people going down on a short training camp.”  He added he’ll be ready to play in Saturday’s preseason game against Golden State.
Cousins on his health: “I’m fine. It’s going to take a few days (to) heal up (and) I’ll be back.”  He added that he’ll be wearing a shoulder strap again this season, so he isn’t too concerned about his shoulder.  Unlike Evans, Cousins doesn’t expect to play Saturday even though he’d like to, but he’s confident he’ll be ready for the home opener.
The Jamal Crawford to Portland deal broke as we were picking the brains of new assistant coaches Jim Todd and Keith Smart during media day.  Both men coached Crawford – Smart in Golden State and Todd in Atlanta.  Jimmer Fredette found out about the Crawford-to-Portland signing while he was addressing media.  Isaiah Thomas shares good insight on his mentor’s move in this week’s Cowbell Kingdom podcast.

Now onto the fun…
Veteran Francisco Garcia is impressed so far by Jimmer, but isn’t conceding that the rookie is a better shooter just yet.  They played each other in a shooting contest the other day and Garcia says he hasn’t lost to the rookie.
“Actually the second time we shot, we tied up,” said Garcia. “I made like nine in a row, then he made eight, then I missed one, then he made ten.  Maybe luckily for me, we had to go to practice…”  Garcia and Jimmer both said they tied in their last shootout.
According to the man himself, Jimmer is one of three players in the NBA who wears Spalding sneakers.  The other two?  Mario Chalmers and Chris Singleton.  But Jimmer by far is the most notable athlete on the company’s roster since Hakeem Olajuwon.
Talk about an odd couple, Jimmer was told by reporters that DeMarcus would like to live with him this year.  What was his response?
Cousins is not shying away from showing his goofy personality this year.  He’s taking a lighthearted approach with the media these days and has become quite a riot to be around.  News 10 has raw video of Cousins’ antics from yesterday, which I highly encourage you to watch.  But before you do, check what the Kings big man says has changed for him this year.  Hint: It’s not his weight, but it is something you can see.
The connections on this team run deep for newcomer Chuck Hayes, who knew both Cousins and rookie Adrian Oliver before coming into camp.  Hayes and Cousins have Kentucky ties and Oliver was his ball boy back at Modesto Christian High School. “I’ve known Adrian since he was eight years old,” said Hayes of Oliver, adding that it’s been weird to play with Oliver now that he’s all grown up. “So we go back a long ways.”http://www.youtube.com/watch?v=-893BVSBRxs&feature=player_embedded
 http://www.youtube.com/watch?v=wrRQcufUmmQ&feature=player_embedded

J.R. Martinez, Girlfriend Expecting A Baby

Sunday, December 11, 2011

Iowa Republican Debate Blog


Six candidates are on stage at Drake University in Des Moines. (Jon M. Huntsman Jr., still lagging in the polls, did not qualify; Herman Cain has dropped out.)
We’ll be providing real-time analysis and fact-checking on our live dashboard, and also taking suggestions from readers for candidate statements that deserve a closer look. You can submit them via Twitter with the hashtag #asknyt or on the dashboard.

Thursday, August 18, 2011

How Do Grocery Stores Define “Local”?


Last fall Wal-Mart announced their plans to increase the amount of local produce sold in their stores across the United States. The decision was arguably one of the most visible indications that the local food movement has hit the mainstream, gaining followers for both economic and environmental reasons. Yet it is necessary to approach such an announcement with a dose of skepticism when it comes from a company that seems to be driven so heavily by the bottom line. Is this a case of green-washing?
Critics say Wal-Mart’s new policy to promote local food was little more than a marketing scheme, and have accused the company of re-labeling products that were already procured locally. However, a recent Wall Street Journal article reports Wal-Mart says that the consumer demand for local produce is aligned with cost-savings objectives. Wal-Mart, like many other national chains, says money can be saved on transportation by purchasing food near its point of sale and also cut down on waste due to food spoilage. In a press release, the company announced that they hope to source up to nine percent of all produce locally.
Many grocery stores also spotlight their local produce, although the definition of “local” varies from store to store, just as it might vary from person to person. Here is a look at how some of the major grocery chains defined local produce.
  • A&P: Grown within New York and New Jersey, according to a company representative
  • Kroger (and subsidiaries): The term “local” can refer to produce grown in the same state or region
  • Safeway: Produce is only local if it can reach the store in less than an eight hour drive
  • Sweetbay Super Market: Within the state (all stores are located in Florida)
  • Publix: Local produce comes from the five states within which the stores are located (Florida, Georgia, Tennessee, South Carolina and Alabama)
  • Wal-Mart: Grown within 450 miles of distribution centers, but only fruits and vegetables will be highlighted as local if they come from the state in which they are sold
  • Whole Foods: Must be able to reach the store within seven hours by car or truck
  • Wegmans: At least within the state
An important goal of the local food movement is about increasing the transparency of food systems: consumers want to know where their food comes from. I was surprised to find many grocery stores express a dedication to local produce, yet fail to qualify these statements. For example, Wegmans has a website page dedicated to explaining the importance of food miles, yet offers no hard definition for what the maximum number of food miles is acceptable for a food to be labeled “locally grown.” On the other hand, Wegmans has a twitter account dedicated to tweeting out the arrival of local produce to their stores (@WegmansLocal), often indicating where the food is coming from. A tweet at this account provided me with the definition listed above.
Hannaford is another example: their site features stories from local farmers and an interactive map of farmers and producers, but no hard definition of what qualifies as “local.”


Read more: http://www.care2.com/greenliving/definition-for-local-in-grocery-stores-can-vary.html#ixzz1VNbS51lt

Review: Farrell’s Frightening, Ferocious, Fangs Saves ‘Fright Night’ Reboot!


“Welcome to frrrr (Spanish ‘R’ roll) rrright night…FOR REAL!” Ohoo…Damn! Remember that line from 1985’sFright Night version? That freaky cold line, delivered by Jerry Dandridge (Chris Sarandon) during a freaky scene towards the end of the film…? It was pretty chilling. For a B-movie which starts off slow and not pieced too well…it picked up during the middle and does what it had to do—Entertain, scare, develop a little horniness, cringe and start dwelling on Vampire flicks a bit differently than what Hollywood had presented in its earlier years. During 1985, Fright Night became a cult classic which generated most of its fan-base during the ever-so-famous VCR years, and for a film that blended cheesy humor, along with horror, this was one I never thought would wind up a remake. It’s happened, it’s 2011 and here we are with "Fright Night 3D."
FrightNight-0008-20110708-57.jpg
Senior Charlie Brewster (Yelchin) finally has it all—the cat's running with the “in crowd” and ATM’ng the hottest girl in high school. In fact, he's so money; he's even dissing his best friend Ed (Mintz-Plasse a/k/a McLovin’). But trouble stirs when an intriguing, handsome, mysterious, stranger Jerry (Farrell) moves in next door. He seems like a great guy at first, but there's something not quite right—and everyone, including Charlie's mom, doesn't notice. After witnessing some very unusual activity, Charlie comes to an unmistakable conclusion: Jerry is a motherf-en’ vampire preying on his neighborhood. Unable to convince anyone that he's telling the truth, Charlie takes matter into his own hands, and decides to rid of this creature of the night by his damn-self! 
FrightNight-0009-20110708-50.jpg
I’m sure there will be mixed verdicts once reviews are unleashed come release day of August 19, 2011. My feelings for this film weren’t over-the-roof, but I didn’t walk out feeling sick. I could sure do without all the 3D crap, but on the contrary, there were elements which worked and I found quite entertaining. Contradiction? Perhaps…but this is America, and I have full rights when it comes to being a little of this and that! Therefore, is it possible a 3D comedy/horror be a thing of beauty? Sure. Why not?! This gory funny vampire tale covers nothing new, however, if there’s something about it that stands out…is that Director, Craig Gillespie, nailed it when tapping the Irish Wonder of Hollywood (Colin Farrell) to portray the role of a blood-sucker. 
Fright Night-20110419-4.jpg
Of all roles I’ve seen this bushy-eye-brow bastard play, this is by far one of the best. Perhaps it won’t snag any Oscar or Golden Globe nods come 2012, but when it comes to playing a creepy, scary, vile, dude/vamp…this is it! Nothing about this role would entail any kind of artistic approach, but there’s always a movie which captivates due to a striking performance, and I can’t think of another actor that could have pulled this cheesy rehash off. No, not Pattinson (Twilight) or Skarsgard (True Blood), so spare me those names. Whether money or simply really having interest within the role, I thought it was cool. I was taken more by Farrell’s malicious antics, rather than all which stood peripherally! 
FrightNight-0014-20110708-42.jpg
Chemistry between Yelchin and McLovin’ seemed pretty stale. Lots of scenes shared between the duo were ok and mildly funny, but it remained a simple flat-line at moments, and I guess for writing purposes…their characters are quickly stamped, and actions follow through when Yelchin decides to go for a hoe rather than a bro! 
FrightNight-0013-20110708-41.jpg
Tying in the remake with supporters are David Tennant, Imogen Poots and Toni Collette. The film also provides the typical rules to fighting a vamp, and this is where the film sets itself aside from being carried by Farrell. Why? Well, this is where all the 3D comes into play. Javier Aguirresarobe, who shot Twilight Saga: New Moon, utilized 3D camera magic/sweeps into smoky, shadowy rooms, lit only by candles or a flickering TV screen, through the empty streets of a Vegas suburb. So get ready, folks, the screen will hurl blood, guts, shattered glass, arrows and crucifixes right in our FACES! AHHHH! WATCH OUT! OUUUCH! (Pulling the bottom part of a crucifix out of my left eye-socket) 
Fright Night-20110419-2.jpg
At best, the film’s entertaining. Nothing to do back-flips for, but not bad for a flick to start embracing the end of summer…its got a little of everything and would go awesome with some pop-corn, a coke and perhaps a box of peanut M&Ms.
__________
GRADE: C+ / GENRE: Comedy, Suspense/Horror and Remake / RUN TIME: 2 Hrs. / RATED: R
STARRING: Anton Yelchin, Colin Farrell, Toni Collette, David Tennant, Christopher Mintz-Plasse 
DIRECTOR: Craig Gillespie

Best Buy Seeing HP TouchPad Sell-Through Rate of Under 10%

Apple has continued to dominate the tablet market with the iPad despite a number of high-profile competitors having pushed out their own devices over the past year. Even as some studies have shown Android and other operating systems beginning to eat into Apple's dominant position, most of those studies have been based on shipments into the distribution channels and not sales to end users. 


Several reports have indicated that despite shipping hundreds of thousands or even millions of tablets, many of Apple's competitors are not seeing consumer interest in their products and thus the devices are sitting on store shelves and in warehouses and not making their way into users' hands. One of the most telling pieces of data comes in a new report from AllThingsD, which has learned that of the approximately 270,000 units of HP's highly-promoted TouchPad shipped out to Best Buy's distribution channels, only about 25,000 have been sold to customers.

According to one source who’s seen internal HP reports, Best Buy has taken delivery of 270,000 TouchPads and has so far managed to sell only 25,000, or less than 10 percent of the units in its inventory. 

A second person who has seen Best Buy’s TouchPad sales figures confirmed the results as “consistent with what I’ve seen,” and went so far as to say that 25,000 sold might be “charitable.” This source suggested that the 25,000-unit sales number may not account for units that consumers return to stores for a refund.
Best Buy is said to be so unhappy with the lack of momentum on TouchPad sales that it has asked HP to take many of the unsold units back, but HP is reportedly "pleading" with Best Buy to remain patient. HP recently slashed $100 off of the price of the TouchPad in attempt to spur sales and is hoping that the move will turn things around, dropping pricing on the entry-level 16 GB model to $399.99. HP's price cut may not be having the desired effect, however, as reports coming in from retailers suggest that consumers are continuing to hold off in hopes that prices drop even further. 

For its part, Apple has repeatedly noted that it is selling nearly every iPad it can make, pushing out over 9 million iPads last quarter alone. It was only earlier this month that Apple's online stores dropped their shipping estimates on new iPad 2 orders to "within 24 hours", indicating that Apple has finally caught up with demand five months after launch

HP To Buy Enterprise Software Autonomy For $10.2 Billion In Cash


According to a Bloomberg report, HP is set to buy European infrastructure software company Autonomy for as much as $10 billion. That price would make the acquisition one of HP’s largest deals to date.
Autonomy’s enterprise software powers pan-enterprise search, customer interaction solutions, information governance, end-to-end eDiscovery, records management, archiving, business process management, web content management, web optimization, rich media management and video and audio analysis. The company’s software allows enterprises to provide insight and structure to electronic data, including unstructured information, such as text, email, web pages, voice, or video.
Autonomy, which trades on the London Stock Exchange, just bought assets from Iron Mountainfor $380 million.
Microsoft and Oracle were also reportedly bidding on Autonomy last year. The company was alsorumored to be evaluating a U.S. listing.
HP has made a number of enterprise acquisitions over the past year, spending $2.35 billion on 3PAR last year, and buying ArcSight for $1.5 billion.
Bloomberg also reported that HP will announce the spinoff of its personal-computer business.
UPDATE: HP just confirmed that it is in “discussions with Autonomy regarding a possible offer for the company.”
HP also reported that it exploring ‘strategic alternatives’ for its Personal Systems Group, including a ‘full or partial separation of PSG from HP through a spin-off or other transaction.’
UPDATE 2: HP has confirmed that it will acquired Autonomy for £25.50 ($42.11) per share in cash.
Léo Apotheker, HP president and chief executive officer of HP said in a statement:
“Autonomy presents an opportunity to accelerate our strategic vision to decisively and profitably lead a large and growing space…Together with Autonomy, we plan to reinvent how both unstructured and structured data is processed, analyzed, optimized, automated and protected. Autonomy has an attractive business model, including a strong cloud based solution set, which is aligned with HP’s efforts to improve our portfolio mix. We believe this bold action will squarely position HP in software and information to create the next-generation Information Platform, and thereby, create significant value for our shareholders…Autonomy is a highly profitable and globally respected software company, with a well-regarded management team and talented, dedicated employees. We look forward to partnering with a company who shares our commitment to solving customer problems by creating smart, cutting-edge products and solutions.”