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Fusion-io says CEO, Chief Marketing Officer resign

May 8, 2013 2:04 pm | by The Associated Press | Comments

Data-center technology company Fusion-io Inc. said Wednesday that the two co-founders of the company, president and CEO David Flynn and Chief Marketing Officer Rick White, have resigned. The company's shares plunged more than 20 percent in afternoon trading. It develops computer storage memory...

One order of steel; hold the greenhouse gases

May 8, 2013 1:00 pm | by Massachusetts Institute of Technology | Comments

Anyone who has seen pictures of the giant, red-hot cauldrons in which steel is made — fed by vast amounts of carbon, and belching flame and smoke — would not be surprised to learn that steelmaking is one of the world’s leading industrial sources of greenhouse gases. But remarkably, a new process developed by MIT researchers could change all that.The new process even carries a couple of nice side benefits: The resulting steel should be...

Quantum optics with microwaves

May 8, 2013 12:07 pm | by EurekAlert! | Comments

Quantum mechanics, famously, is full of effects that defy our basic intuition. A fine example is the Hong-Ou-Mandel effect, which occurs when two light quanta (or, photons) arrive simultaneously at a so-called beam splitter. As its name implies, a beam splitter is a device that splits one beam of light into two...

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NREL quantifies significant value in concentrating solar power

May 8, 2013 11:52 am | by National Renewable Energy Laboratory | Comments

Researchers from the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) have quantified the significant value that concentrating solar power plants can add to an electric grid. The NREL researchers evaluated the operational impacts of CSP systems with thermal energy storage within the California electric grid...

UF launches HiPerGator, the state’s most powerful supercomputer

May 8, 2013 11:45 am | by University of Florida | Comments

The University of Florida today unveiled the state’s most powerful supercomputer, a machine that will help researchers find life-saving drugs, make decades-long weather forecasts and improve armor for troops. The HiPerGator supercomputer and recent tenfold increase in the size of the university’s data pipeline...

An electronic nose can tell pears and apples apart

May 8, 2013 11:41 am | by EurekAlert! | Comments

Swedish and Spanish engineers have created a system of sensors that detects fruit odors more effectively than the human sense of smell. For now, the device can distinguish between the odorous compounds emitted by pears and apples. Researchers have created an electronic nose with 32 sensors...

Cyberattacks a growing irritant in US-China ties

May 8, 2013 11:24 am | by CHRISTOPHER BODEEN, Associated Press | Comments

Signs are growing that the sustained surge in cyberattacks emanating from China is imperiling its relations with the U.S., lending urgency to fledgling efforts by both governments to engage on the issue. The Pentagon this week said China appeared to be cyberspying against the U.S. government...

Trulia buying Market Leader for more than $300M

May 8, 2013 7:39 am | by The Associated Press | Comments

Real estate website operator Trulia is buying real estate software provider Market Leader Inc. for more than $300 million in cash and stock. Market Leader teams up with real estate brokerages and franchisors to help their agents manage their leads and convert those leads into closings. Trulia...

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Dow closes above 15,000 for first time; what next?

May 8, 2013 6:06 am | by BERNARD CONDON - AP Business Writers - Associated Press | Comments

The Dow Jones industrial average closed above 15,000 for the first time Tuesday. An improving outlook for the economy and record corporate earnings are persuading investors to buy stocks. Federal Reserve stimulus is also helping. The Dow has gained 15 percent this year. It has more than doubled...

iPhone helps Deutsche Telekom US customer numbers

May 8, 2013 1:45 am | by The Associated Press | Comments

Deutsche Telekom says its net income rose 3.5 percent in the first quarter as the company saw smaller deductions for the depreciation of its U.S. business. Net profit was 564 million euros ($739 million), up from 545 million euros in the same quarter a year ago. The company said Wednesday it had...

Biomaterial Shows Promise for Type 1 Diabetes Treatment

May 8, 2013 12:00 am | by Georgia Institute of Technology | Comments

Researchers have made a significant first step with newly engineered biomaterials for cell transplantation that could help lead to a possible cure for Type 1 diabetes, which affects about 3 million Americans. ...

Microsoft extends search guarantee in Yahoo deal

May 7, 2013 9:09 pm | by The Associated Press | Comments

Microsoft has extended a guarantee that provides Yahoo with financial protection as part of the two companies' Internet search partnership. An arrangement requiring Microsoft Corp. to pay Yahoo Inc. a minimum amount per search on Yahoo's website expired March 31. That had raised concerns Yahoo...

WebMD CEO Redmond steps down

May 7, 2013 6:37 pm | by The Associated Press | Comments

WebMD Health Corp. said Tuesday that CEO Cavan Redmond is leaving the company after less than a year on the job. Redmond is stepping down as CEO and from the board of directors effective immediately. David Schlanger, WebMD's head of strategic and corporate development, will take over as interim...

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Internet firms say Syria goes offline again

May 7, 2013 6:22 pm | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | Comments

Syria is experiencing an Internet outage similar to a two-day blackout late last fall, according to companies that monitor online traffic around the world. Jim Cowie, the chief technology officer at Renesys, said his firm saw Syria's networks go offline abruptly at 6:25 p.m. UTC (2:25 p.m. EDT)...

Funding clean-energy solutions

May 7, 2013 5:27 pm | by Massachusetts Institute of Technology | Comments

The sixth annual MIT Clean Energy Prize (CEP) competition, held Monday night, awarded a total of $320,000 to five teams that have developed clean-energy startups and innovations. The contest, co-sponsored by Massachusetts utility NSTAR and the U.S. Department of Energy (DOE) and open to teams from any American university, is the nation’s leading student-run energy business-plan competition. Past participants have gone on to raise a to...

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