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Open Text reports Q3 profit of US$13.1 million, revenue up from year ago

April 29, 2010 1:30 pm | by The Associated Press | Comments

Open Text Corp. (TSX:OTC) earned US$13.1 million in its latest quarter, down from $22 million a year ago, as revenue crept higher.The software company, which keeps its books in U.S. dollars, said Thursday the profit amounted to 23 cents per diluted share for the quarter ended March 31 compared...

Non-GAAP Income From Operations of $2.8 Million, up 45%; Non-GAAP Diluted Earnings per Share of $0.19, up 43%

April 29, 2010 1:30 pm | by The Associated Press | Comments (NASDAQ: STMP), the leading provider of postage online ( and shipping software ( solutions, today announced results for the first quarter ended March 31, 2010.For the first quarter:-- Excluding...

Miss. judge rules for lawyers in $10M fee dispute

April 29, 2010 12:30 pm | by The Associated Press | Comments

A Mississippi judge has upheld $10 million in fees paid to lawyers for handling a state lawsuit against computer software manufacturer Microsoft Corp.Hinds County Chancellor Denise Owens on Wednesday dismissed the challenge filed by State Auditor Stacy Pickering.Microsoft reached a $100 million...


New Faceplate Blends Technology & Style

April 29, 2010 12:20 pm | by Tyco Electronics | Comments

Introducing Tyco Electronics' newly enhanced AMP NETCONNECT faceplates. Our enhanced faceplate offering is about aesthetics and accessibility. Easier access to data labels makes for faster installations. And you get long-term reliability from a superior quality product. Smooth, sleek and...

Convio jumps, Alpha and Omega lower in IPO debuts

April 29, 2010 10:30 am | by The Associated Press | Comments

One up, one down: the divergent moves of two technology IPOs Thursday shows that investors remain wary about buying shares of companies new to market.Shares of chip maker Alpha and Omega Semiconductor Ltd. dropped after pricing within its expected range, while software provider Convio Inc. rose...

Economy: innovation and pro-green policies offer new sources of growth

April 29, 2010 10:27 am | by OECD | Comments

Faced with unprecedented levels of unemployment, unsustainable fiscal deficits and public debt and low economic growth, governments need to focus on innovation and pro-green policies as potential new sources of growth, OECD Secretary-General Angel Gurría told a meeting of heads of...


Motorola Posts Profit on Strong Phone Sales

April 29, 2010 10:26 am | by New York Times | Comments

The company, which has been struggling, sold 2.3 million smartphones in the quarter, more than expected.

New Questions Over Google’s Street View in Germany

April 29, 2010 10:26 am | by New York Times | Comments

Google’s plan to offer photo mapping in Germany has come in for more criticism after regulators learned the company was also archiving the locations of household wireless networks.


Google Exit Appears to Benefit Top China Rival, Baidu

April 29, 2010 10:26 am | by New York Times | Comments

Baidu posted first-quarter net profit of 481 million renminbi, or $70.4 million, up from 181 million renminbi a year ago.

Motorola Reports Profit

April 29, 2010 10:25 am | by Wall Street Journal | Comments

Motorola reported a first-quarter profit as a stronger economy lifted its enterprise divisions and the slow turnaround continued at its marquee handset unit.

Illumina climbs after 1Q results beat expectations

April 29, 2010 9:30 am | by The Associated Press | Comments

Shares of Illumina Inc. jumped Thursday after the genetic analysis instruments maker posted first-quarter earnings that surpassed Wall Street estimates.Illumina reported its results after the markets closed on Wednesday. The San Diego company said its profit rose 13 percent to $21.2 million, or...

Steve Jobs attacks Adobe Flash as unfit for iPhone

April 29, 2010 8:30 am | by The Associated Press | Comments

Apple CEO Steve Jobs is going on the offensive against Adobe's Flash technology. He says it has too many bugs, drains batteries too quickly and is too oriented to personal computers to work on the iPhone and iPad.In a statement Thursday, Jobs laid out his reasons for excluding Flash — the most...

Correction: Parametric Technology earnings story

April 29, 2010 7:30 am | by The Associated Press | Comments

In a story April 27 about Parametric Technology Corp.'s quarterly results, The Associated Press reported erroneously that analysts predicted revenue of $246.4 million for the latest quarter. They projected revenue of $243.1 million.


DisplaySearch Unveils Final Agenda for LED Forum 2010

April 29, 2010 7:22 am | by General Electric | Comments

DisplaySearch today announced the final agenda for its upcoming DisplaySearch LED Forum 2010, which will be held at the Tokyo Conference Center Shinagawa in Tokyo, Japan on May 11, 2010.

Physicist finds colder isn't always slower as electron emissions increase at temps down to -452 F

April 29, 2010 7:22 am | by EurekAlert | Comments

(Indiana University) Working with highly sensitive photomultipliers, Indiana University nuclear physicist Hans-Otto Meyer identified new attributes to a phenomenon called cryogenic electron emission.


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