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Hypercom rejects hostile bid from VeriFone

September 30, 2010 5:05 am | by The Associated Press | Comments

Hypercom rejected an unsolicited takeover bid from rival electronic-payment provider VeriFone, saying Thursday that the bid was much too low.VeriFone is offering $5.25 per share in cash. Based on the number of outstanding shares in Hypercom's most recent quarterly report, a deal would be worth...

SEC considers civil suit against India's Satyam

September 30, 2010 2:05 am | by ERIKA KINETZ - AP Business Writer - Associated Press | Comments

The U.S. Securities and Exchange Commission is considering a civil suit against India's Mahindra Satyam seeking damages for fraud in the aftermath of the company's near collapse.News of the possible suit comes as Satyam's new owners struggle to clean up what was once India's fourth-largest...

Gates, Buffett dine with China's rich for charity

September 29, 2010 9:06 pm | by The Associated Press | Comments

Billionaire investor Warren Buffett said a meeting about charity he attended Wednesday with Microsoft Corp. co-founder Bill Gates and dozens of China's super rich was "a tremendous success," despite earlier concerns that the country's newly minted millionaires would be pressured to give up...

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Drinks-making billionaire leads China rich list

September 29, 2010 8:05 pm | by The Associated Press | Comments

Twelve billion dollars. That's what it takes to be named the richest person in China.A new list of China's top five richest people says drinks billionaire Zong Qinghou, the founder of Hangzhou Wahaha Group, made the jump from 12th place to No. 1 in the annual rankings.The Shanghai-based Hurun...

House Democrats shelve net neutrality proposal

September 29, 2010 6:20 pm | by The Associated Press | Comments

House Democrats have shelved a last-ditch effort to broker a compromise between phone, cable and Internet companies on rules that would prohibit broadband providers from blocking or degrading online traffic flowing over their networks....

Review: New search partners aren't identical twins(2)

September 29, 2010 5:05 pm | by MICHAEL LIEDTKE - AP Technology Writer - Associated Press | Comments

Just because Yahoo Inc.'s U.S. website and Microsoft Corp.'s Bing are using the same technological ingredients for searching the Internet doesn't mean they're slicing and dicing the results the same way, too.Understanding the differences can be helpful, particularly for people looking for the...

VeriFone makes hostile takeover bid for Hypercom

September 29, 2010 2:05 pm | by The Associated Press | Comments

Electronic-payment provider VeriFone Systems Inc. is attempting a hostile takeover of competitor Hypercom Corp., which VeriFone said Wednesday it offered to buy for $5.25 per share in cash.Based on the number of outstanding shares indicated in Hypercom's most recent quarterly report, a deal...

Toyota, Daihatsu team up on light cars, EV/HEV business

September 29, 2010 1:22 pm | by Medical Design Technology | Comments

Toyota Motor Corp and Daihatsu Motor Co Ltd announced Sept 28, 2010, that Daihatsu will supply its light cars to Toyota, which will sell them under the Toyota brand in the Japanese market.

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Sony releases 400mW-output blue-violet laser diode for blu-ray disc

September 29, 2010 1:21 pm | by Medical Design Technology | Comments

Sony Corp released the "SLD3237VF," a new blue-violet laser diode expected to be used for recording and playing Blu-ray discs.

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NIST 'Vision Science Facility' aims for lighting revolution

September 29, 2010 1:21 pm | by EurekAlert | Comments

(National Institute of Standards and Technology (NIST)) A new lab at NIST is helping to bring these tiny but brilliant devices into your home, to help save both energy costs and the environment.

TPL EnerPak Energy Harvesting Power Management System Completes Two-Year Performance in Wireless Sensor Network Trial for Utility

September 29, 2010 12:20 pm | by PowerPulse.net | Comments

TPL, Inc. announced that the patented EnerPak™ energy harvesting power management systems have successfully completed two years of field-testing. Several EnerPak systems are powering a network of wireless measurement sensors that monitor the performance...

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ENER1 Receives Additional $20 Million Equity from Principal Shareholder

September 29, 2010 12:20 pm | by PowerPulse.net | Comments

ENER1, Inc. announced that it has executed a securities purchase agreement with its principal shareholder, Ener1 Group, for the purchase of common stock and warrants for $20 million. Ener1 has raised in excess of...

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Sensata Announces Appointment of Martha Sullivan as President & CEO

September 29, 2010 12:20 pm | by PowerPulse.net | Comments

Sensata Technologies Holding N.V. announced the promotion and appointment of Martha Sullivan as President in addition to her current role as Chief Operating Officer, effective immediately. Sullivan has served as Executive Vice President, Chief Operating...

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One-dimensional window on superconductivity, magnetism

September 29, 2010 11:21 am | by EurekAlert | Comments

(Rice University) A Rice University-led team of physicists is reporting the first success from a three-year effort to emulate superconductors with ultracold atoms trapped in grids of laser beams. A study this week in Nature describes how the group trapped atoms in a one-dimensional tube...

Google gives Gmail users more control over inboxes

September 29, 2010 11:20 am | by The Associated Press | Comments

Google Inc. is addressing one of the biggest complaints about its free e-mail service by giving people more control over how their inboxes are organized....

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