The proposed acquisition of Macromedia by Adobe is not a done deal. Both companies are under the scrutiny of the SEC, and it must also be approved by stockholders.
While Macromedia/Adobe gives this process three to nine months, some industry analysts feel that is being overly optimistic.
But assuming that all is goes as planned, Macromedia will cease to exist. Everything will be in the Adobe name and with the Adobe interface.
The FBI releases a unclassified report detailing U.S. crop failures, power outages and tornado-siren warning failures due to copper thieves getting huge returns for their crimes. The report, however, is released the day global mining stocks tumble as mining operations announced cutbacks and a 50 percent decline in copper prices in light of the dwindling global economy.
Apple has yanked a controversial support document from its Web site that urged Mac users to run antivirus software, saying the advice -- which runs counter to past claims about security -- was inaccurate. A researcher promptly hit Apple for a lack of transparency.