Story 2014-11-07

Aereo closes Boston offices, but reveals Plan B

by
in legal on (#2TYD)
story imageThe court cases (and defeats) keep coming, and to the naked eye it might look like Aereo could be folding for good. The closure of their Boston offices looks bad - but according to Aereo, it's a sign of their determination to continue, despite loss of funding. There is reason to be optimistic.

With a little help from regulators, Aereo finally has a plan B. The FCC itself is considering a redefinition of broadcasting to include internet-based companies. It's possible this may have something to do with the confusion and questions that came up as a result of the Supreme Court ruling, but it might also be an attempt to encourage competition.

This proposal appears in an official FCC blog post by chairman Tom Wheeler, and is sure to provoke discussion and dismay among media corporations, especially considering that their stocks all fell more than 3% after the proposal was announced.

Corporate Fraud Drives Zalman to Bankruptcy

by
in hardware on (#2TY7)
story imageZalman has filed for bankruptcy.
Zalman was one of the pioneers of low-noise cooling solutions, in an era when stock coolers were noisy enough to drive people insane. Unfortunately for us all, on November 3, 2014 the company filed a bankruptcy protection request in the Seoul Central District Court.

Zalman did not fall victim to recession, competition or even bad corporate management. The whole story is long, complicated, obscure and yet unconfirmed, so unfortunately we may never learn all the details of it. To summarize, Zalman apparently was part of an allegedly very well designed and planned multi-billion dollar corporate fraud.
As an owner of quite a number of their copper CPU blossoms, I hope that they can pull through and distance themselves from their troubled parent corporation.