News
IBM signs $83 million contract with Digicable
December 22, 2009 5:00 am | by The Associated Press | CommentsIBM Corp. said Tuesday it has signed a 10-year, $83 million outsourcing deal with Digicable, a cable and broadband distribution company in India.As part of the agreement, IBM will provide technology support services to help Digicable manage its business and boost subscriber revenue by adding...
Bionic Vision
December 22, 2009 4:52 am | by Curious Cat Science and Engineering Blog | CommentsMicro Machines and Opto-Electronics on a Contact Lense Fiction now meets reality with prototype contact lenses developed by Babak Parviz at the University of Washington, in Seattle. Dr. Parviz’s prototype lenses can be used as biosensors to display body chemistry or as a heads up display...
Gene maps to transform scientists' work on cancer
December 22, 2009 4:28 am | CommentsScientists have indentified all the changes in cells of two deadly cancers to produce the first entire cancer gene maps and say the findings mark a "transforming moment" in their understanding of the disease. The studies by international scientists and Britain's Wellcome Trust Sanger Institute are the first comprehensive descriptions of tumour cell mutations and lay bare all the genetic changes behind melanoma skin cancer and lung cancer.
Scientists discover natural flu-fighting proteins
December 22, 2009 4:17 am | CommentsU.S. researchers have discovered antiviral proteins in cells that naturally fight off influenza infections, a finding that may lead to better ways to make vaccines and protect people against the flu. They said a family of genes act as cell sentries that guard cells from an invading influenza virus, the team reported on Thursday in the journal Cell.
Pegasystems declares quarterly dividend
December 21, 2009 6:00 pm | by The Associated Press | CommentsBusiness software maker Pegasystems Inc. has declared a quarterly dividend of 3 cents.The dividend is payable on Jan. 18 to shareholders of record at Jan. 4.
Cost-cutting Yahoo to close offices for holidays
December 21, 2009 4:00 pm | by The Associated Press | CommentsYahoo says it will close its offices from Christmas through New Year's to help save money. The cost-cutting move ends a year in which Yahoo's revenue declined for the first time since 2001.It's the first time that Yahoo has required most of its 13,200 employees to use vacation time or unpaid...
Telkonet to move Maryland HQ, 50 jobs, to Wis.
December 21, 2009 3:00 pm | by The Associated Press | CommentsTelkonet Inc. is moving its Maryland headquarters and 50 jobs to Wisconsin, a move the energy-management company says will help cut costs.The company said in a statement Monday it's moving about 50 jobs from Germantown, Md. to its satellite office in Milwaukee by next year.Telkonet president...
MacDonald,Dettwiler get $8.86M contract amendment from Canadian Space Agency
December 21, 2009 2:00 pm | by The Associated Press | CommentsMacDonald, Dettwiler and Associates Ltd. (TSX: MDA) announced Monday it has received an $8.86-million contract amendment from the Canadian Space Agency.The contract is to provide additional logistics and sustaining engineering for the International Space Station's mobile servicing system."As...
GM taps Microsoft CFO to run finances
December 21, 2009 1:00 pm | by TOM KRISHER - AP Auto Writer - Associated Press | CommentsGeneral Motors Co. has hired the chief financial officer of Microsoft Corp. to take over the troubled automaker's books, tapping a cost-cutter who is now widely seen as a potential candidate to be GM's next CEO.Chris Liddell will become GM's finance chief starting next year and report directly...
Koss says Nasdaq halts trading of its shares
December 21, 2009 12:00 pm | by The Associated Press | CommentsKoss Corp. said Monday that Nasdaq halted trading of its stock due to the discovery of unauthorized transactions and that a vice president of finance had been put on administrative leave.Sujata Sachdeva, the vice president, was put on leave pending the results of an internal investigation...
NC incentives promised go unused as firms retrench
December 21, 2009 11:00 am | by The Associated Press | CommentsWhen Volvo Construction Equipment announced this month it would shutter its western North Carolina plant, it was a reversal from its expansion plans of three years ago coaxed by the promise of millions of dollars from state taxpayers.The company planned to expand manufacturing and assembly and...
Marohn describes breakthrough imaging technology
December 21, 2009 9:54 am | by Cornell University | CommentsCornell researchers are devising methods to detect the magnetic fields of individual electrons and atomic nuclei, which they hope to use to make a nanoscale version of magnetic resonance imaging.
Par Technology subsidiary receives $46M pact
December 21, 2009 9:00 am | by The Associated Press | CommentsHardware and software provider Par Technology Corp. said Monday that its Rome Research Corp. subsidiary received a $46 million research and development contract from the U.S. Air Force.Information technology and communication services company Rome Research will provide its services at Air Force...
Zifeng Yang receives the Fall 2009 Research Excellence Award
December 21, 2009 7:53 am | by Iowa State University | CommentsZifeng Yang - received the 2009 Fall Research Excellence Award. His major...
GM picks outgoing Microsoft CFO to run finances
December 21, 2009 7:00 am | by TOM KRISHER - AP Auto Writer - Associated Press | CommentsGeneral Motors Co. has hired an outsider to run its troubled finance operations, bringing in the chief financial officer of Microsoft Corp.Chris Liddell will join GM next year, GM CEO Ed Whitacre Jr. said in a statement Monday.Liddell, 51, brings depth and experience to the job leading GM's...
