News
Scheraga receives supercomputer processor hours
February 2, 2010 10:52 am | by Cornell University | CommentsThe U.S. Department of Energy has awarded 6 million processor hours to Cornell professor of chemistry Harold A. Scheraga, senior research associate Adam Liwo and colleagues to study the mechanism behind protein folding.
Plextek spins out Telensa street lighting venture
February 2, 2010 10:19 am | CommentsPlextek, the Cambridge-based electronics and communications design consultancy today announced a new spin out venture - Telensa Ltd. - focused on the commercialisation of a new cost effective wireless system for actively controlling, monitoring and metering large populations of outdoor street lights, so they can be managed with maximum energy and operational efficiency.
Digi-Key Corporation and Avago Technologies Expand Partnership, Offer Products in Europe
February 2, 2010 9:51 am | by Digi-Key | CommentsThief River Falls, Minnesota, USA — February 2, 2010 — Electronic components distributor Digi-Key Corporation, recognized by design engineers as having the industry's broadest selection of electronic components available for immediate shipment, announced today the expansion of its...
Broadridge Declares Dividend
February 2, 2010 9:01 am | by The Associated Press | CommentsBroadridge Financial Solutions, Inc. (NYSE: BR) announced today that its Board of Directors has declared a quarterly cash dividend of $0.14 per share. The dividend is payable on April 1, 2010, to stockholders of record at the close of business on March 17, 2010.Broadridge is a technology...
Lumonall and CleanWear Products Agree to Extend Closing Date
February 2, 2010 9:01 am | by The Associated Press | CommentsLumonall, Inc. (OTCBB: LUMN), (the "Company" or "Lumonall") today announced that the closing of the merger or acquisition of CleanWear Products Ltd. ("CleanWear") has been delayed.On November 9, 2009, Lumonall and CleanWear, announced an acquisition transaction that included several conditions...
Syntel CEO resigns; company names director as CEO
February 2, 2010 8:01 am | by The Associated Press | CommentsInformation technology services company Syntel Inc. said its president and CEO resigned on Monday, and was replaced on Tuesday by one of its directors.The company said Keshav Murugesh, 46, resigned effective Monday "to pursue other opportunities." Company spokesman Jon Luebke said Murugesh...
Morningstar says Canadian investment funds mostly slipped in January
February 2, 2010 6:01 am | by The Associated Press | CommentsCanadian investment funds posted mostly negative returns in the first month of this year, putting an end to the best showing in more than 15 years in 2009, according to Morningstar Canada.The Canadian subsidiary of Morningstar Inc. (NASDAQ:MORN) says that 30 of 43 Morningstar Canada Fund...
Portable Entertainment Devices Continue to Proliferate
February 2, 2010 5:57 am | by In-Stat | CommentsThe weak economy is taking its toll across most consumer markets. Electronics are no exception.
Slime Mold and Engineers Design Similar Solution
February 2, 2010 5:55 am | by Curious Cat Science and Engineering Blog | CommentsSlime Mold Grows Network Just Like Tokyo Rail System Talented and dedicated engineers spent countless hours designing Japan’s rail system to be one of the world’s most efficient. Could have just asked a slime mold. When presented with oat flakes arranged in the pattern of Japanese cities...
Sales 2.0 Leader Defies Recession, Grows 273 Percent Throughout 2009
February 2, 2010 5:01 am | by The Associated Press | CommentsInsideView today announced its 2009 growth numbers, trumping the worst economic downturn in decades with a 273 percent increase in revenue. During 2009, InsideView announced multiple record quarters, a premier partnership with NetSuite, multiple industry accolades, the launch of the Smart Cloud...
ADP's 2Q profit boosted by tax gain, lower costs
February 2, 2010 4:01 am | by The Associated Press | CommentsAutomatic Data Processing Inc., the world's biggest payroll processor, said Tuesday its quarterly profit rose 5 percent with help from a one-time tax gain and shrinking expenses.With the recession still reverberating through the jobs market, ADP said revenue remained flat from the year before...
World's First Model Complying to the New Capacitance Standard Commercializing Multilayer Ceramic Decoupling Capacitor "GW Series"
February 1, 2010 7:52 pm | by Murata Manufacturing | CommentsOverview Murata Manufacturin
Sony Pictures to lay off 450 people as DVDs fall
February 1, 2010 2:01 pm | by The Associated Press | CommentsSony Pictures Entertainment is laying off about 450 people mostly in the United States and leaving 100 positions unfilled in order to cut costs and cope with declining DVD sales.The movie studio subsidiary of Japan's Sony Corp. told employees about the cuts in a memo on Monday.The layoffs...
Virtusa posts lower 3Q profit and revenue
February 1, 2010 2:01 pm | by The Associated Press | CommentsInformation technology company Virtusa Corp. said Monday its fiscal third-quarter profit declined, hurt by lower revenue and foreign currency exchange losses.For the three months ended Dec. 31, the company earned $2.9 million, or 12 cents per share, down from a profit of $6.3 million, or 27...
Switchable adhesive could let humans walk on walls
February 1, 2010 1:53 pm | by Cornell University | CommentsInvented in Paul Steen's lab, the device uses water surface tension as an adhesive bond.
