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From: FUBHO7/11/2011 10:51:04 AM
   of 7825
 
Google+ Runs Out of Disk Space

By Mike Schuster July 11, 2011 10:45 AM
minyanville.com

It's been a whirlwind launch for Google+. Already, the site had to shut down user invites due to "insane demand." It's shaken up the likes of Facebook. And it's hit its first privacy gaffe by requiring all Google profiles be public.

But this weekend was notable for two reasons. It was the longest stretch of time where its invite system was up and running, which was a blessing to anyone who had been pining for a chance to try the new Facebook alternative.

And it was the first time that Google+ actually ran out of disk space.

On Saturday, existing Google+ users received a deluge of notification alert emails flooding in their inboxes. Apparently, the massive influx of new users overloaded Google+'s notification system and resulted in a spam overflow. In a Google+ post, the company's Senior Vice President of Social Vic Gundotra explained the mistake:

Please accept our apologies for the spam we caused this afternoon.

For about 80 minutes we ran out of disk space on the service that keeps track of notifications. Hence our system continued to try sending notifications. Over, and over again. Yikes.

We didn't expect to hit these high thresholds so quickly, but we should have.

Thank you for helping us during this field trial, and once again, we are very sorry for the spam.

Ah, well. It happens. Better a bit of spam than our personal information in the hands of advertisers.

Google+ continues to be a work in progress, and despite a booming user base north of 4.5 million -- according to Ancestry.com founder Paul Allen -- the social network continues to keep its invite system open.

Hopefully, they're new storage system can handle it.

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To: FUBHO who wrote (7784)7/11/2011 11:34:53 AM
From: Sam
   of 7825
 
OT
Hopefully, they're new storage system can handle it.

What is it with these people who don't seem to know the difference between "their" "there" and "they're"? It is bad enough when on message boards (but vaguely understandable), but bloggers and supposedly professional writers?

Not to mention other synonym mix-ups (or even non-synonym entanglements, like "lose" and "loose").

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To: Sam who wrote (7785)7/11/2011 11:37:29 AM
From: FUBHO
   of 7825
 
Yes, it doesn't even phase me any more. They are such "loosers". <G>

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From: Sam8/19/2011 2:21:53 PM
   of 7825
 
Bad for the STX and WDC for sure if these objections aren't overcome.


Brussels objects to WD's Hitachi GST purchase theregister.co.uk

Issues beefs, awaits corporate response

By Chris MellorGet more from this author

Posted in Storage, 19th August 2011 14:11 GMT

The European Union is objecting to Western Digital's proposed purchase of Hitachi GST on antitrust grounds.

The European Commission has issued a formal Statement of Objections. A Western Digital SEC filing said:

The Statement of Objections sets out the European Commission's preliminary assessment regarding the combination of the Company and Viviti [Hitachi GST's holding company] and its potential effects on competition. A Statement of Objections is a preparatory document that does not prejudge the European Commission's final decision. The issuing of a Statement of Objections allows recipients to present arguments in response to the European Commission's preliminary assessment of the competitive effects of a notified transaction. Subject to obtaining the required regulatory approvals or expiration of applicable waiting periods in the European Union and other remaining jurisdictions, the Company expects the transaction to close during the fourth calendar quarter of this year.

Detail on the objections hasn't been released at this stage. Assuming WD can respond appropriately to the objections, the deal will go ahead.

Assuming it can't, it won't. ®





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From: Sam10/20/2011 11:40:04 PM
   of 7825
 
Seagate Q1 EPS Tops Ests; Sees Big Impact From Thai Floods
10/20/2011 @ 4:56PM Eric Savitz

forbes.com

Seagate shares are trading modestly higher Thursday afternoon after the company posted better-than-expected profits for its fiscal first quarter ended September 30. But the company also warned that the drive industry is going to be badly disrupted for at least the next few quarters by the recent severe flooding in Thailand, home to large-scale production of both drives and related components. The comments come one day after rival Western Digital warned that due to production cutbacks in Thailand, it would see much lower shipments in the December quarter and likely beyond.

For the quarter, the hard-disk drive company reported sales of $2.8 billion, a hair below the Street consensus of $2.9 billion, with non-GAAP profits of 34 cents a share, ahead of the Street at 31 cents. The company sold 51 million drives in the quarter. Gross margin was 19.5%.

The company noted that “in light of the situation in Thailand,” where serious flooding has affected manufacturing of both drives and related components, “the company will provide limited guidance for the December quarter” on its call with investors later this afternoon.

In a comment posted on the company’s investors relations site, Seagate warned that the industry will be significantly affected by the floods in Thailand.

“Seagate’s component and drive assembly factories in Thailand are operational, accessible to all of its employees and are running at full production. As previously reported, this is not the case for some of the component suppliers. Our business priority is to work with our external component suppliers, supporting their efforts to rebuild the supply chain as quickly as possible. We expect to experience significant impact to our production levels while our suppliers work to get their businesses up and running.

Given the severity of the situation and the extensive supply constraints caused by the disruptions, including those described by our primary competitor, the effects on our industry are likely to be substantial and extend over multiple quarters. As strengthen our supply chain and optimize our output, we are engaged to customers to re-align build schedules, product mix and to reset delivery expectations”

STX in late trading is up 11 cents, at $12.17.


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From: Sam10/20/2011 11:44:27 PM
   of 7825
 
WDC Off 5%: Several Quarters To Fix Thai Flood Damage
By Tiernan Ray
October 19, 2011, 5:56 PM ET

blogs.barrons.com

Shares of disk drive maker Western Digital( WDC) are down $1.19, or almost 5%, at $23.28, after the company this afternoon reported fiscal Q1 revenue and earnings per share comfortably ahead of expectations, but forecast the current quarter’s revenue well below consensus, and forecast a surprise net loss per share, thanks to damage to the company’s manufacturing facilities in Thailandfrom recent flooding.

Revenue in the three months ended in September rose 12.5%, year over year, to $2.7 billion, yielding EPS of $1.01.

During the company’s conference call with analysts this evening, CFO Wolfgang Nickl said the company can’t be sure how long it will take to recover from the Thailand floods that have shut down its operations there, and operations of suppliers:

We have shut down our Thailand factories and are at this point not in a position to establish when they will recommence operations. Furthermore, some of our key suppliers have ceased production as well and are significantly impacted. We are working diligently with them but at this point in time we do not yet fully understand the time line for their full recovery. Both of these conditions will likely continue into the March quarter and possibly beyond. We will be impacted negatively by the significant cost of efforts and infrastructure. We also expect to incur additional costs in restoring supply.

For the current quarter, the company said revenue will fall to $1.05 billion to $1.25 billion, yielding a net loss per share of $1.50 to $1.10.

Analysts have been modeling $2.57 billion and $1.05 per share.

Shares of competitor Seagate Technology( STX) are up 20 cents, or 1.7%, at $12.25 in late trading.

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From: Sam10/24/2011 10:50:46 AM
   of 7825
 
EC OKs Seagate acquisition of Samsung drive business
The European Commission concluded that a merger of the hard disk drive makers will not impede competition
By John Ribeiro
October 20, 2011 01:07 AM ET

IDG News Service - The European Commission approved on Wednesday the acquisition by Seagate Technology of the hard disk-drive business of Samsung Electronics, after concluding that there will still be enough players in the market after the acquisition.

Seagate said in April that it was acquiring the HDD business of Samsung Electronics for $1.4 billion in stock and cash, a month after competitor Western Digital said it would buy Hitachi Global Technologies, the hard drive unit of Hitachi, for $4.3 billion in cash and stock.

After the acquisition, Samsung will have about 9.6% ownership of Seagate, the companies said in April.

The EC opened in May separate investigations under the EU Merger Regulation into the two transactions. Seagate notified the commission of the proposed acquisition on April 19, a day earlier than Western Digital.

In view of a priority rule based on the date of notification, the commission assessed the Seagate-Samsung transaction on the basis of the market situation existing before the notification of the Western Digital-Hitachi transaction which is still pending.

In 2010, HDD shipments from both Seagate and Samsung added to 261.2 million units, giving the combined companies 40% of the HDD market, IHS iSuppli analyst Fang Zhang said in May in a blog post. Western Digital and Hitachi GST still held the number one position with a 50% share.

The main impact of the Seagate-Samsung transaction would be on the markets for 3.5-inch desktop hard disk drives and 2.5-inch mobile hard disk drives where the investigation revealed that Samsung is not a particularly strong competitor, the commission said in a statement.

Three strong suppliers would remain in the 3.5-inch desktop market, including the merged entity, Western Digital and Hitachi GST, the commission said. The 2.5-inch mobile market would have these three players and Toshiba.

"With at least three suppliers, customers will retain sufficient possibilities to switch suppliers," the commission said.

The commission also found that the removal of Samsung is not likely to lead to the risk of coordination among the remaining HDD suppliers, and that the proposed acquisition will also not affect the HDD heads business of Japan's TDK, as the merged entity will continue to buy a sufficient volume of components from TDK post-merger.

Western Digital said in May it was informed by the EC that the review of its proposed acquisition had entered a second phase.

The proposed acquisition, which is subject to several closing conditions, including the receipt of antitrust approvals in certain jurisdictions, is now expected to close in the fourth calendar quarter of 2011, Western Digital said. The company had earlier said the acquisition would close in the third quarter.

John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. John's e-mail address is john_ribeiro@idg.com

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From: Sam10/27/2011 12:41:41 AM
1 Recommendation   of 7825
 
WD: Thai floods will force hard drive prices up
Shortages predicted, hundreds dead, fabs shutdown
By Paul Kunert
Posted in Storage, 20th October 2011 10:39 GMT

theregister.co.uk

WD has warned disk drive shortages will linger well into 2012 and price rises are inevitable as it deals with the aftermath of the severe flooding in Thailand.

The country's worst floods in over half a century have so far claimed the lives of at least 317 people, affected more than nine million, and inundated 700,000 homes: 14,000 factories are under water and over 660,000 workers out of work.

John Coyne, CEO at WD, said in a conference call last night that the concentration of its supply chain factories in various flooded industry parks in Thailand means it will be impacted "greater than other HDD manufacturers".

He described resolution of the problems as a "multi-quarter challenge".

The situation deteriorated last weekend [1] as the rising waters breached WD's HDD assembly test and slider facilities where the lion share of its slider fabrication resides. Meanwhile sub-assembly partners have been flooded or closed.

These facilities will not open until the flooding recedes but the firm is looking at ways of extracting the water, working with suppliers to remove or transfer the production equipment to other sites, and upping build rates at plants in Malaysia and the Philippines.

Distie stock in the recently ended Q1 was in the four-week range and OEM jet hub inventories will be at about the two-week range. WD said its rivals tend to carry more inventory – around one week more – and that it's own finished goods on boats was roughly in the one-week range.

Coyne said this will afford his company a buffer for the current December quarter – though there will be significant constraint – but he added: "You would have to surmise that it would be more difficult in the next quarter than in the current quarter."

Pricing is set to rise due to a number of factors including lower economies of scale, and increased logistical costs as it ramps volumes and overtime payments. WD was unable to specify the hike in average sales prices at this point.

"[Those costs] will have to be recovered in the pricing and by the people that are doing those extraordinary efforts. And we will have to give some monies to the suppliers in order to be able to do that also. I think there'll be upward pressure on pricing right through the supply chain," said Coyne.

The whole flooding issue is expected to impact cash flow by $375m to $475m excluding one-time expenditures, incremental services and replacement equipment.

Coyne stressed it would be "fair and equitable to all branches of our business" in terms of OEM, retail and B2B channel customers, confirming "product will be allocated appropriately to the long-term established business partnerships".

Clearly the largest OEM customers are expecting supply, with EMC CFO David Goulden stating earlier this week: "We are not expecting supply chain constraints in Q4 and we're not expecting the pricing environment for our supply chain to change in Q4 either.

"Bear in mind, we tend to be our supplier's largest customer and get pretty good treatment when it comes to situations like this," he added.

In its Q1 ended 30 September, WD made profits of $239m (£151m) compared to $197m a year ago and sales grew 12.5 per cent to $2.7bn (£1.7bn).

Seagate, which has been evaluating [2] the impact of the flooding, will provide an update in its results tonight. ®


Links
  1. http://www.channelregister.co.uk/2011/10/17/wd_thailand_flooding/
  2. http://www.channelregister.co.uk/2011/10/14/thai_floods_seagate/

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From: JakeStraw11/12/2011 1:38:02 PM
   of 7825
 
Shares Of Seagate Technology Could Triple In The Wake Of Thailand Floods
seekingalpha.com

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From: JakeStraw11/12/2011 1:38:24 PM
   of 7825
 
Deleted - Duplicate Post

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