Global Gaming Factory X Acquires The Pirate Bay. Is this an April Fools in June?

So this is news, a big news. MarketWatch reports that The Pirate Bay has been acquired by Global Gaming Factory X. I really thought that this is some kind of prank from The Pirate Bay, but why would MarketWatch picked this up?

The Pirate Bay: alloursharearebelongtoyou

From MarketWatch article:

GGF acquires domain names and related web sites, including http://www.thepiratebay.org. The consideration for the purchase amounts to MSEK 60 consisting of at least MSEK 30 in cash and up to the equivalent of MSEK 30 in the form of newly issued shares in GGF (according to valuation in connection with the completion of the acquisition). The stock share of the purchase price is expected to be equivalent to a maximum of three per cent of the total number of outstanding shares of GGF after the acquisition. In the case that three percent of the shares is not equivalent to 30 MSEK, the major shareholder of GGF has declared that he will contribute the equivalent in cash.

What does this really mean???????

From GGF site:

Acquisitions of The Pirate Bay and new file sharing technology, P2P 2.0
– Pave the way for compensation model
The listed software company, Global Gaming Factory X AB (publ) (GGF) acquires The Pirate Bay website, http://www.thepiratebay.org, one of the 100 most visited websites in the world and the technology company Peerialism, that has developed next generation file-sharing technology. Following the completion of the acquisitions, GGF intends to launch new business models that allow compensation to the content providers and copyright owners. The responsibility for, and operation of the site will be taken over by GGF in connection with closing of the transaction, which is scheduled for August 2009.

“We would like to introduce models which entail that content providers and copyright owners get paid for content that is downloaded via the site” said Hans Pandeya, CEO GGF.

“The Pirate Bay is a site that is among the top 100 most visited Internet sites in the world. However, in order to live on, The Pirate Bay requires a new business model, which satisfies the requirements and needs of all parties, content providers, broadband operators, end users, and the judiciary. Content creators and providers need to control their content and get paid for it. File sharers’ need faster downloads and better quality” continues Hans Pandeya.

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» DOWNLOAD FULL PRESSRELEASE IN SWEDISH

We’ll find out sooner or later.

There will be a lot of people bailing of The Pirate Bay ship.

Faster Than The Speed Of Light.

Something that is faster than the speed of light? That’s a bull-pie! Nothing can travel faster than the speed of light. That’s why scientists increased the speed of light in 2208.

It might be some wacky comedy from Futurama, but a scientist has created radio waves that travels faster than the speed of light. John Singleton the scientist (not the movie director) has achieved that.

Something that is faster than the speed of light. I want my Sub-Space Communication along with Warp Drive, Transporter and Replicator. Wait a minute, that’s from Star Trek.

Anyway, Albert Einstein would be so proud.

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That’s a reference from Futurama: “A Clone of My Own”
from Futurama Volume 2

Anything Goes: Alice in Chains and Stargate Atlantis.

Two things coming up for Tuesday June 30th, 2009:

Alice In Chains: A Looking In View is now available at:

The first single with the new singer William DuVall who joined the band years after the death of frontman Layne Staley.

Alice In Chains - A Looking In View

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Stargate Atlantis: The Complete Fifth Season

The final season of Stargate Atlantis is now available on DVD set.

Stargate Atlantis Season 5

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Disclaimer

If you bought anything through Amazon link above, and I get some kickbacks.

“If you buy Stargate Atlantis: The Complete Fifth Season, I can buy this Canon Vixia HV40 HDV Camcorder” to paraphrase the great Robert Schimmel.

Anything Goes: June 29th, 2009 Edition.

Starting this early in the morning, and kinda bored by the news.

Anything Goes: June 28th, 2009 Edition.

Missing a lot of news items for the past weeks, and still have a few in draft mode. A lot of things are happening today.