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Eating Into Apple's Cash Pile

April 12, 2010 12:21 am | by Wall Street Journal | Comments

Apple is now in the enviable but difficult position of having an expected year-end net cash pile of around $48 billion. What should it do with the money?

Criminals Prey on the Unemployed

April 11, 2010 6:23 pm | by Wall Street Journal | Comments

The number of online laundering outfits that use unsuspecting job seekers to turn stolen credit-card numbers into cash is growing, experts say.

Under new leadership, Kavli Institute at Cornell evolves from a think tank to a proving ground

April 11, 2010 6:23 pm | by EurekAlert | Comments

(Cornell University) Looking to push the boundaries of nanoscience, the Kavli Institute at Cornell for Nanoscale Science is no longer a think tank for new ideas, but a proving ground to aggressively push the limits of nanotechnology. And to that end, Cornell has named Paul McEuen, the...


Google CEO says newspapers can make money online

April 11, 2010 5:30 pm | by The Associated Press | Comments

Google Inc. Chief Executive Eric Schmidt says he is confident that newspapers will find new ways to make money online by harnessing the vast reach of the Internet.Media executives have accused Google of draining readers and advertising from newspapers online. But speaking Sunday night to open...

/ CORRECTION - Avid Announces Agreement to Acquire Euphonix

April 11, 2010 10:30 am | by The Associated Press | Comments

NAB (Booth SU902) In the news release, " Avid Announces Agreement to Acquire Euphonix," issued earlier today by Avid(r) (NASDAQ: AVID), please be advised that " ( " in the last sentence of the fifth paragraph should link to

MIT researchers harness viruses to split water

April 11, 2010 10:22 am | by EurekAlert | Comments

(Massachusetts Institute of Technology) A team of MIT researchers has found a novel way to mimic the process by which plants use the power of sunlight to split water and make chemical fuel to power their growth. In this case, the team used a modified virus as a kind of biological scaffold...

Comprehensive Range of Audio and Video Control Surfaces and Consoles Expands Avid Portfolio to Provide Seamless Interoperability Across Broad Spectrum of Third-Party Solutions for ...

April 11, 2010 8:30 am | by The Associated Press | Comments

NAB (Booth SU902) Avid@ (NASDAQ: AVID) today announced that it has entered into a definitive agreement to acquire Mountain View, CA-based Euphonix, a leader in large-format digital audio consoles, media controllers and peripherals. With the acquisition, Avid will deliver a broad range of audio...

Egypt Court Blocks France Télécom Offer for Mobinil

April 10, 2010 10:22 pm | by Wall Street Journal | Comments

An Egyptian court has blocked France Télécom's tender offer to buy shares of the Egyptian Company for Mobile Services from Orascom Telecom Holding.


Poor Results on Evolution and Big Bang Questions Omitted From NSF Report

April 10, 2010 6:22 am | by Curious Cat Science and Engineering Blog | Comments

Evolution, Big Bang Polls Omitted From NSF Report by Yudhijit Bhattacharjee The section, which was part of the unedited chapter on public attitudes toward science and technology, notes that 45% of Americans in 2008 answered true to the statement, “Human beings, as we know them...

India 3G Auction Begins

April 9, 2010 11:24 pm | by Wall Street Journal | Comments

The final lap in the race for India's third-generation bandwidth began Friday, as one pan-India bid touched $884 million.

U.S. Steps Up Probe of Tech Hiring

April 9, 2010 4:23 pm | by Wall Street Journal | Comments

The Justice Department has stepped up its investigation into hiring practices at some of America's biggest companies, including Google, IBM and Apple.

Xerox CEO Burns' pay jumps with promotion in 2009

April 9, 2010 2:30 pm | by The Associated Press | Comments

Xerox Corp. CEO Ursula Burns, the first black woman to lead a Fortune 500 company, saw her pay increase 77 percent in 2009 after she was promoted from president and kept cutting costs amid an economic downturn.Burns' pay climbed to $9.9 million last year from $5.6 million the year before,...

Enghouse Renews Normal Course Issuer Bid

April 9, 2010 1:30 pm | by The Associated Press | Comments

Enghouse Systems Limited (TSX: ESL) today announced its intention to renew its normal course issuer bid for its Common Shares in accordance with the requirements of the Toronto Stock Exchange.Enghouse continues to have significant cash reserves and positive cash flow. The Company believes its share...


Initial public offerings priced this week

April 9, 2010 12:30 pm | by The Associated Press | Comments

The following is a list of initial public offerings that priced or were postponed during the week of Apr. 5-9.Metals USA Holdings Corp. (NYSE: MUSA), a leading provider of value-added processed metals and manufactured components, based in Fort Lauderdale, Fla., priced 11.4 million shares at $21...

Autodesk reaches settlement in trademark dispute

April 9, 2010 11:30 am | by The Associated Press | Comments

Autodesk Inc. has settled a 3-year-old trademark dispute over its DWG, or drawing, file format with the Open Design Alliance, a consortium of software developers and users that promotes open and standard formats for computer-aided design data.Under the terms of the agreement, the Open Design...


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