Aladdin Systems Goes Public -- In an unusual event in the Macintosh industry, Aladdin Systems, makers of the StuffIt family of compression products and numerous other Mac utilities, has gone public via a "reverse merger," which involves a private company merging with a dormant public company so its shares can be traded on public stock exchanges. Reverse mergers are generally easier, less expensive, and result in less-diluted stock than IPOs (initial public offerings). Aladdin Holdings, Inc., the parent company of which Aladdin Systems, Inc. is now a wholly owned subsidiary, is listed under the ticker symbol ALHI and currently trading at about $5 per share. Going public should increase Aladdin's valuation, give them greater access to capital, and enable them to use stock to acquire other products or companies - a strategy Aladdin has used of late to increase its product lineup. [ACE]
Removing Photos from iPhoto
Despite iPhoto's long history, many people continue to be confused about exactly what happens when you delete a photo. There are three possibilities.
If you delete a photo from an album, book, card, calendar, or saved slideshow, the photo is merely removed from that item and remains generally available in your iPhoto library.
If, however, you delete a photo while in Events or Photos view, that act moves the photo to iPhoto's Trash. It's still available, but...
If you then empty iPhoto's Trash, all photos in it will be deleted from the iPhoto library and from your hard disk.
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