News
Activision 1Q profit up but holiday outlook cloudy
May 8, 2013 6:38 pm | by The Associated Press | CommentsVideo game maker Activision Blizzard Inc. said Wednesday that first-quarter earnings rose 19 percent, but it cautioned that the holiday season could be more difficult than it expected because of uncertainty about the global economy, new games and new consoles. The company raised its full-year...
Rackspace results fall short of expectations
May 8, 2013 5:20 pm | by The Associated Press | CommentsRackspace Hosting Inc. said Wednesday that its first-quarter profit rose, but the results fell short of Wall Street expectations. Its stock dropped 17 percent after-hours trading. "We got off to a slow start for the year," Chief Financial Officer Karl Pichler said in a statement, adding that "our...
Microsoft appoints new CFO from Office division
May 8, 2013 4:40 pm | by The Associated Press | CommentsMicrosoft says its new chief financial officer is Amy Hood, previously CFO of the Office division. She replaces Peter Klein, who announced his departure three weeks ago. He has been CFO for four years. Hood, 41, joined Microsoft Corp. in 2002. Before that, she worked at Goldman Sachs. She has a...
SEMI Applauds President Obama’s Planned Visit to Applied Materials in Austin
May 8, 2013 2:23 pm | by SEMI | CommentsSAN JOSE, Calif. — May 8, 2013 — SEMI applauds the White House announcement that President Obama will visit Applied Materials facilities in Austin, Texas on Thursday, May 9, as part of his focus on manufacturing jobs, high-tech skills and technology that will drive long-term economic growth. The administration’s announcement cited Applied Materials’ contribution to innovation and job creation....
Fusion-io says CEO, Chief Marketing Officer resign
May 8, 2013 2:04 pm | by The Associated Press | CommentsData-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 | CommentsAnyone 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! | CommentsQuantum 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...
NREL quantifies significant value in concentrating solar power
May 8, 2013 11:52 am | by National Renewable Energy Laboratory | CommentsResearchers 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 | CommentsThe 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! | CommentsSwedish 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 | CommentsSigns 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 | CommentsReal 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...
Dow closes above 15,000 for first time; what next?
May 8, 2013 6:06 am | by BERNARD CONDON - AP Business Writers - Associated Press | CommentsThe 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 | CommentsDeutsche 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 | CommentsResearchers 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. ...
