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Wednesday's the Pirate Bay acquisition deadline, yeah right

commentary Global Gaming Factory X, the little Swedish software company dogged by controversy, is facing another deadline to complete its acquisition of The Pirate Bay.

Hans Pandeya, Global Gaming's much maligned CEO, has said the deal would be completed by Wednesday.

Typically, in anticipation of a big acquisition story, I'll collect background on the companies the night before so I can have a few graphs ready when the deal is announced. The only things I'll collect Tuesday evening is a nice piece of salmon and bottle of white wine.

That is because there's a better chance … Read more

Would-be Pirate Bay buyer loses control of assets

Update: 2:16 p.m.: To include comments made in letter by Hans Pandeya.

A Swedish court has seized control of all assets belonging to Hans Pandeya, the CEO of Global Gaming Factory X and the man who wants to acquire The Pirate Bay.

On Wednesday, the court found that there is enough evidence to show that Pandeya owes Johan Sellstrom, a former business partner in Global Gaming, the equivalent of about $400,000, which includes interest.

The district court in Sweden ruled that the state would take control of Pandeya's assets until enough of them can be sold … Read more

Pirate Bay buyer 'misled' investors, booted off exchange

A Swedish stock exchange has banned Global Gaming Factory X from offering its shares there after concluding the company "misled" investors about its ability to purchase The Pirate Bay.

AktieTorget, the Swedish stock market where shares of Global Gaming once traded, said a disciplinary group found the company had "provided false information," displayed "a lack of accountability," and "seriously violated" the exchange's transparency principles.

A report issued by AktieTorget's disciplinary group called into question most of Global Gaming's public statements since June, when the software company and operator of … Read more

Lego robot solves Sudoku puzzles

Lego Mindstorms are futuristic toys for creative kids. But who knew these DIY robots can get creative themselves and solve puzzles?

Swedish programmer Hans Andersson bought a programmable Mindstorms NXT kit for his two daughters and then began tinkering with it himself. The result: a toy that can autonomously solve Sudoku puzzles in what looks like a matter of minutes.

The Sudoku Solver scans the entire puzzle with a light sensor before determining the missing digits in each square. Its computer performs image processing with a thresholding algorithm to make sense of the sensor data. Recognizing the existing numbers in … Read more

Is Pirate Bay sold? Don't believe it

Update: 8:22 a.m.PT To include news of board vote and reports that Global Gaming's stock may not resume trading for weeks.

As expected, Hans Pandeya, CEO of Global Gaming Factory X, told reporters in Sweden on Thursday that his company's acquisition of The Pirate Bay will go through.

Everyone reading that statement should take it with a grain of salt, or maybe a whole shaker full.

Global Gaming, a Stockholm-based software maker and operator of Internet cafes, stirred up a media storm in June by announcing that the company, which only generated about $800,000 … Read more

Global Gaming CEO says LA Times reporter knows investors

Hans Pandeya, CEO of Global Gaming Factory X--the company attempting to acquire The Pirate Bay and now steeped in controversy, says he has revealed the names of his financial backers to The Los Angeles Times.

Since announcing on June 30 his company's plan to acquire The Pirate Bay, Pandeya has declined to provide the names of his investors, who he has said will put up 60 million Swedish Kroner, or about $8.5 million, to fund the acquisition.

The news that surfaced in the past week has called Pandeya's credibility into question.

Swedish stock exchange AktieTorget on Friday … Read more

Potential Pirate Bay buyer could lose P2P partner

A much more detailed update be found here.

Johan Ljungberg, CEO of Peerialism, the technology company that is supposed to be an integral part of a revamped Pirate Bay, said Thursday he has developed doubts about the plan.

When it was announced in June that Global Gaming Factory X, would acquire The Pirate Bay for about $8 million, the Swedish software company said it would also pay about $13.5 million to obtain Peerialism.

Peerialism's technology improves the transferring and storage of data over peer-to-peer networks. Pandeya's stated intention is to use Peerialism's technology to help tap … Read more

Pirate Bay acquisition still on track

Anybody following the plight of The Pirate Bay may have read Tuesday that the potential acquirers are "back pedaling," "backing out," or that the deal was uncertain.

"Nobody is uncertain about anything," said Hans Pandeya, CEO of Global Gaming Factory, the software company that plans to acquire the Pirate Bay for $7.8 million.

"We are more certain than ever before.There are no changes in our plan," Pandeya told CNET News Tuesday evening. "We'll bring the deal to investors at a shareholders meeting, which we expect to hold in … Read more

Putting our arms around the future of touch

SAN JOSE, Calif.--The success of Nintendo's Wii and Apple's iPod have shown the consumer appeal of devices that respond to human touch and movement, but a quick glance around the San Jose Hilton showed just how young the industry is.

While this week's RSA 2009 show fills the Moscone Center a little ways up north in San Francisco, the Interactive Displays 2009 conference barely fills a mid-size ballroom here. Its show floor more closely resembles a science fair than the glitz of a big-time trade show.

But if you used one of the interactive displays here … Read more

Hans Reiser gets 15 years to life for murdering wife

In what appears the final chapter of the Hans Reiser crime saga, the Linux programmer convicted of killing his wife was sentenced Friday afternoon to 15 years to life in prison under a deal he worked out with prosecutors in exchange for leading police to his victim's body.

Reiser--known to the technology world as the founder of the ReiserFS file system software--was found guilty in April of first-degree murder in the 2006 killing of his wife, with whom he was undergoing a bitter divorce. The jury convicted him largely on circumstantial evidence and despite the fact that Nina … Read more