DIY data centers: Backblaze reveals secrets of cloud storage

If Hollywood ever needs a cloud storage facility for a movie scene, they need to call the folks at online storage and backup company Backblaze. You can just picture Tom Cruise, playing a secret agent dressed in black, sneaking around the rows of shiny red pods in the white storage facility (half a city block long). This is what cloud storage should look like, and the company is now sharing their secrets.

Return of the deals? Seagate buyout talks heat up

Private equity firms TPG Capital and KKR are reportedly in talks to acquire hard-drive manufacturer Seagate, adding further credibility to rumors that cropped up yesterday that Seagate will be going private for the second time in a decade, according to a report by Bloomberg News.