Posts Tagged Deal

PSA: Damage Inc. Pacific Squadron WWII demo out now on Xbox Live

Just in case you’ve been waiting to see what Mad Catz’s grab-bag titled Damage Inc. Pacific Squadron WWII (which used to be the much more feasible War Wings) is like, you’re in luck. The game now has a playable demo, available on Xbox Live. The demo is exclusive to Gold members, rings in at just about 770 mb, and can be grabbed for free.

Unfortunately, the demo doesn’t come with a free Pacific AV8R flightstick, which Mad Catz will be including with the Collector’s Edition of the game, and presumably will be the best way to experience flying around in the Pacific Theater. As Mad Catz says in the press release, this game is part of its goal of “pursuing targeted software opportunities that pose manageable downside risk by complementing our hardware initiatives.” Which is corporate talk for: They’re making the game to sell the stick.

But if you have another Mad Catz flight stick, it should work, or just a standard controller will probably do what you need as well. If the demo spins your propeller, the game will be out on August 28.

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Yahoo may rethink use of cash from Alibaba deal

SAN FRANCISCO: Yahoo Inc may re-evaluate plans for the cash it gets from a multibillion-dollar sale of half of its 40 per cent stake in Chinese Internet company Alibaba Group.

Shares of Yahoo fell 4.4 per cent to $15.30 in after hours trading on Thursday.

Yahoo, which hired new Chief Executive Marissa Mayer last month, said in a filing with the US Securities and Exchange Commission on Thursday that Mayer has started a review of the company’s strategy.

The filing said the review “may lead to a re-evaluation” of Yahoo’s previously announced plans to return to shareholders substantially all of the after-tax cash proceeds under the initial share repurchase from the May 2012 deal with Alibaba.

Under the agreement, Yahoo was to sell one-half of its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock.

“There was an expectation of getting that cash back, so I think there will definitely be some disappointment,” said RBC Capital Markets analyst Andre Sequin.

But he said that shareholders also expect Mayer, a former Google executive, to re-invest in the company’s domestic business to rejuvenate the struggling Web company.

As part of Mayer’s review, Yahoo said, she would look at the company’s growth and acquisition strategy, the restructuring plan launched by her predecessor, and Yahoo’s cash and capital allocation strategy.

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SQL Star to acquire Mindlogicx in all-share deal

MUMBAI: Software training company SQL Star International today said it will acquire IT education firm Mindlogicx in an all-share deal.

“Post merger of SQL Star with Mindlogicx, there will be capital restructuring where we have agreed on equity swap ratio of four Mindlogicx share for five SQL Star share,” SQL Star Managing Director Sunil Gupta said.

The company in a BSE filing said its board has approved amalgamation of Mindlogicx with it.

Gupta said post this merger, SQL will absorb over 400 existing employees of Mindlogicx.

“The joint workforce of SQL will be 800 after restructuring,” he said.

At present, SQL Star offers its services through eight training centers located at Hyderabad, Kolkata, Chennai, Bangalore, Mumbai, Delhi and Pune and has a clientele which includes Oracle, TCS, Infosys, Wipro, Accenture, Metro Rail, Schneider, among others.

Shares of SQL Star closed higher by 3.64 per cent at Rs 5.70 on the BSE.

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Deal: $50 gift card with 4GB 360 Kinect bundle at Gamestop

Purchasing the 4 gig Kinect/Kinect Adventures Xbox 360 bundle will run you about $300 no matter where you buy it, but only at Gamestop will purchasing one also net you a $50 gift card, which can then be spent on most of a new game, or 10 to 20 used Barbie and/or horse-related DS titles.
Xbox 360 4GB Console with Kinect with $50 GameStop Gift Card ($299.99, Gamestop)

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