Embattled Kennedy quits as leader
Posted by harry (3 Comments)	Sat Jan 7th '06 09:50:20 PM
Charles Kennedy has resigned as Liberal Democrat leader. In a statement at Lib Dem HQ, Mr Kennedy said he had been "inundated" with support from party members since admitting having a drink problem. But he had decided to quit immediately because it had become clear he did not have strong enough support among MPs. Deputy leader Sir Menzies Campbell has said he intends to stand in the leadership race. Simon Hughes and Mark Oaten could be among his rivals. Mr Kennedy's resignation comes after 25 MPs delivered an ultimatum saying they would refuse to serve on the Lib Dem front bench unless he resigned by Monday. Mr Kennedy had said on Thursday he would call - and stand in - a leadership election after admitting battling to overcome a drink problem. Now he says he will play no part in the contest for the leadership of the party which is the third biggest in the UK.
News Source: BBC News	Genre: Politics

Happy New Years! (in advance)
Posted by joe (9 Comments)	Sat Dec 31st '05 07:47:08 PM
Woo! This post brought to you in part by LOL.
	Genre: Site Update

The Leap Second
Posted by James (5 Comments)	Mon Dec 26th '05 01:50:14 AM
WASHINGTON (Reuters) -- Get ready for a minute with 61 seconds. Scientists are delaying the start of 2006 by the first "leap second" in seven years, a timing tweak meant to make up for changes in the Earth's rotation. The adjustment will be carried out by sticking an extra second into atomic clocks worldwide at the stroke of midnight Coordinated Universal Time, the widely adopted international standard, the U.S. National Institute of Standards and Technology said this week. "Enjoy New Year's Eve a second longer," the institute said in an explanatory notice. "You can toot your horn an extra second this year." Coordinated Universal Time coincides with winter time in London. On the U.S. East Coast, the extra second occurs just before 7 p.m. on New Year's Eve. Atomic clocks at that moment will read 23:59:60 before rolling over to all zeros. A leap second is added to keep uniform timekeeping within 0.9 second of the Earth's rotational time, which can speed up or slow down because of many factors, including ocean tides. The first leap second was added on June 30, 1972, according to NIST, an arm of the U.S. Commerce Department. High-speed communications systems among other modern technologies require precise time measurements. Since 1999 until recently, the two time standards have been in close enough synch to escape any need to add a leap second, NIST said. Although it is possible to have a negative leap second -- that is, a second deducted from Coordinated Universal Time -- so far all have been add-ons, reflecting the Earth's general slowing trend due to tidal breaking. Deciding when to introduce a leap second is the responsibility of the International Earth Rotation and Reference Systems Service, a standards-setting body. Under an international pact, the preference for leap seconds is December 31 or June 30.
News Source: CNN	Genre: General News

Merry Christmas!
Posted by James (10 Comments)	Sun Dec 25th '05 12:01:08 AM
Merry Christmas you crazy guys!
	Genre: Blog

Seagate to buy Maxtor for $2 billion
Posted by play_boy_2000 (4 Comments)	Wed Dec 21st '05 02:55:42 PM
HARD DRIVE manufacturer Seagate will pay $1.9 billion to take over Maxtor, a report in the Wall Street Journal said. According to the newspaper, the deal will be announced today, with both board of directors approving the acquisition. Western Digital is the second hard drive manufacturer after Seagate, with Maxtor in third place. Demand for hard drives continues, driven by their use in all sorts of places rather than just computers Update: SEAGATE and Maxtor confirmed the acquisition. The deal is worth $1.9 billion. The firms said the combination will be 10-20% accretive on a cash EPS basis after the first full year of combined operations. The combined company will save around $300 million in operating expenses after the first full year of integration, Seagate said. The transaction will be completed in the second half of next year. If the deal falls apart, Maxtor will pick up $300 million. The two firms will continue as separate companies until the close of the deal.
News Source: The Inquirer	Genre: Tech

Page: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 80