WOW!! Clueless Reporter? Tell Me What You Find Wrong With This "Flash" Story

[Rick-o]

I feel much dumber after reading this story. 8-)

Some of the comments were funny though:

Yo dawg, i put Flash in your flash so you can flash while you Flash (

http://www.thestreet.com/story/11343199/...en=RSSFeed

[Sam3]

I agree... WOW! ::o

I've never read anything so horrible wrong and misinformed.

[OWC Jamie]

Merry Christmas! Here's your pink slip!

[guitarist]

Watch the comments pile up, in real time. This is the best writer-shaming flame-fest I've seen all year!

[cbelt3]

Ah, but he "corrected" it ! (One sentence, and left the FAIL)

[wolfcry911]

and that's the revised version!

[guitarist]

Okay anyone want to take bets on how long it takes for the article to disappear? We need to capture the article before it goes down the bunny hole. I am fairly certain its survival is limited to mere minutes.

Someone, grab the article, quick!

[guitarist]

Antoine Gara is the Deals Reporter on the Financial Services desk for TheStreet. Prior to joining TheStreet, Antoine was an intern at Bloomberg Businessweek magazine after graduating with a master's degree in business and economic journalism from the Columbia University Graduate School of Journalism. Prior to moving into journalism, Antoine worked as an analyst in the fixed-income operations of Lehman Brothers and Barclays Capital. He is a graduate of Middlebury College.

[guitarist]

YES! It's been completely gutted, rewritten in a hurry, removing all the misdirected Adobe references. That DID only take a few minutes.

Thank god this is digital, and didn't go to press, with real ink and paper.

I wrote a quick message directly to the writer, suggesting a face-saving quick removal. I'm sure I'm not the only one who wrote directly to Antione.

Maybe he and Jayson Blair can have a beer together.

[Rick-o]

guitarist wrote:
Okay anyone want to take bets on how long it takes for the article to disappear? We need to capture the article before it goes down the bunny hole. I am fairly certain its survival is limited to mere minutes.

Someone, grab the article, quick!

Here's the article after the first revision. 8-)

As cbelt said, there is still plenty of fail in it.



Apple Mulling Biggest Deal Since Jobs' 1996 Return: Report (Update 1)

Story updated to reflect difference between flash memory hardware and flash software.


NEW YORK (TheStreet) - Apple(AAPL_) is in talks to buy a flash storage company for mobile products called Anobit Technologies for $400 million to $500 million, Israeli newspaper Calcalist reports.

If a deal were to materialize, it would be Apple's biggest company acquisition since bringing legendary founder Steve Jobs back to the company by buying NeXT Computers in 1996. For a company that's relied on inventing and growing internal products to win consumer loyalty, a flash-storage focused deal could potentially allow for greater data storage on its mobile devices. To be seen is whether Apple will look to correct an oft cited bother of Apple's popular iPhone and iPad products - their inability to handle some Adobe's(ADBE_) Flash program that allows Web users to view applications, pictures and video.

Apple already uses some of the flash product offerings of Herzeliya, Israel -based Anobit, which was founded in June 2006 with $76 million in venture capital raised by Battery Ventures, Pitango Venture Capital, and other strategic investors, according to its Web site. Currently, the company also has 21 memory signal processing-related patents, according to its Web site.

It's unclear whether an Anobit purchase would help solve issues that consumers have with Apple's iPad 2, which gets four out of five stars from CNET editors who cite a lack of Adobe Flash support as a negative to an otherwise "excellent product." That's because Anobit manufactures embedded flash controllers for smartphone and tablet computers, which improve the performance of device flash connectivity and might mesh well with Apple's mobile product data storage needs. However, Anobit doesn't manufacture an alternative to Abobe's Flash software. In November, Adobe announced it discontinue its mobile Flash Player and cut 750 jobs, as consumers trend toward devices reliant on Adobe Air software and HTLM5 technology. Adobe will continue to make Flash Player for Android and Blackberry Devices.

For more on Apple, see TheStreet's 5 Holiday Stock Picks Sure to Please Investors, and Merrill Lynch's 10 Favorite Stocks for 2012.

For Apple, an acquisition would be a rare sight. As part of a consortium of investors including Microsoft(MSFT_), Sony(SNE_), Research In Motion(RIMM_) and EMC(EMC_), Apple acquired patents from bankrupt Nortel in a July deal that totaled $4.5 billion. The consortium beat out Google(GOOG_) in their bid.

Otherwise, the company's biggest merger is a $400 million purchase of NeXT Computers to buy its operating system and bring Steve Jobs back to the company he founded in 1976. Jobs died in October, succumbing to a multi-year battle with pancreatic cancer.

The Cupertino, Calif., -based company now run by chief executive Tim Cook has only cut seventeen deals in its history totaling less than $5 billion, according to data compiled by Bloomberg. Currently, Apple sits on $26 billion in cash and short term investments, according its financial statements.