'Motorola has asked a judge to award it an $8.7 million breakup fee from PalmSource, which Motorola said reneged on a $17.25-per-share buyout agreement last month.
Schaumburg-based Motorola said in a Delaware Chancery Court lawsuit filed Monday that PalmSource directors accepted Motorola's offer on Sept. 7, only to agree two days later to an $18.50-per-share, $324 million, offer from Japan's Access Co. Ltd.
''PalmSource was obligated to pay Motorola the termination fee of $8,697,595 on or before Sept. 16, 2005,'' but failed to do so, Motorola said in court papers.'
‘Two major Internet backbone companies are feuding, potentially cutting off significant swaths of the Internet for some of each other's customers.
On Wednesday, network company Level 3 Communications cut off its direct "peering" connections to another big network company called Cogent Communications. That technical action means that some customers on each company's network now will find it impossible, or slower, to get to Web sites on the other company's network.’
I know this was/is affecting RoadRunner customers, and I’m pretty certain it’s responsible for some lousy bandwidth issues I’ve been having accessing certain sites lately… why can’t we all just get along?
More links (courtesty SANS-ISC):