News
First Look: New Xbox elegant, but much unknown
May 22, 2013 10:47 am | by DERRIK J. LANG, AP Entertainment Writer | CommentsAfter four years of development, Microsoft unveiled the Xbox One entertainment console and touted it as an all-in-one solution for playing games, watching TV and doing everything in between. Microsoft wants the Xbox One to be central to your living room...
Sony mulls hedge fund's entertainment sale idea
May 22, 2013 10:42 am | by ELAINE KURTENBACH, AP Business Writer | CommentsSony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division. Hirai was asked about the proposal at a corporate strategy presentation Wednesday.
Solar plane departs Phoenix on 2nd leg of US trip
May 22, 2013 10:36 am | by The Associated Press | CommentsA solar-powered plane is flying from Arizona to Texas on the second leg of a trip across the United States. The Solar Impulse is making the first attempt by a solar airplane capable of flying day and night without fuel to fly across the U.S.
Median CEO pay rises to $9.7 million in 2012
May 22, 2013 9:43 am | by CHRISTINA REXRODE - AP Business Writer - Associated Press | CommentsCEO pay has been going one direction for the past three years: up. The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an...
EU leaders discuss fight against tax evasion
May 22, 2013 9:32 am | by JUERGEN BAETZ - Associated Press - Associated Press | CommentsEuropean Union leaders on Wednesday sought to advance their fight against tax fraud and close the loopholes for large corporations' tax avoidance schemes. European officials say tax fraud costs the 27-nation bloc an estimated 1 trillion euros ($1.3 trillion) a year at a time when much of the bloc...
Pactera committee to consider going-private offer
May 22, 2013 7:54 am | by The Associated Press | CommentsChinese consulting and technology services company Pactera Technology International Ltd. said Wednesday that its board has created a special committee to consider an offer from a group that includes its CEO to take the company private. The amount of the offer was not disclosed, but the company's...
Emory, Georgia Tech receive first human exposome center grant in U.S.
May 22, 2013 12:00 am | by Georgia Institute of Technology | CommentsInvestigators at Rollins School of Public Health at Emory University, along with partners at the Georgia Institute of Technology, have received a $4 million grant over four years to establish the HERCULES Center at Emory University (Health and Exposome Research Center: Understanding Lifetime Exposures). The grant is the first exposome-based center grant awarded in the United States. ...
NetApp to cut jobs, boost buyback and pay dividend
May 21, 2013 6:50 pm | by The Associated Press | CommentsData storage company NetApp Inc. said Wednesday that it will eliminate 900 jobs as part of a restructuring effort to streamline operations. The company announced the cuts in its quarterly earnings release as it reported higher operating costs that outweighed increased sales of its data storage...
Iron-platinum alloys could be new-generation hard drives
May 21, 2013 1:30 pm | by EurekAlert! | CommentsMeeting the demand for more data storage in smaller volumes means using materials made up of ever-smaller magnets, or nanomagnets. One promising material for a potential new generation of recording media is an alloy of iron and platinum with an ordered crystal structure.
Germany's SAP to recruit tech staff with autism
May 21, 2013 1:27 pm | by The Associated Press | CommentsGerman software giant SAP AG said Tuesday it plans to recruit people with autism to take make full use of their talents to process information. Autism is a developmental disorder characterized by difficulties in communicating, emotional detachment and rigid or repetitive behavior. But some people...
UC Davis engineers create on-wetting fabric drains sweat
May 21, 2013 1:24 pm | by EurekAlert! | CommentsWaterproof fabrics that whisk away sweat could be the latest application of microfluidic technology developed by bioengineers at the University of California, Davis. The new fabric works like human skin, forming excess sweat into droplets that drain away by themselves, said inventor Tingrui Pan, professor of biomedical engineering.
Entrepreneurs need to balance risk of persisting with payoff of succeeding
May 21, 2013 1:16 pm | by EurekAlert! | CommentsIn a new business, sometimes the better part of wisdom is knowing when to quit, a new study concludes. Even though persistence is a key to business success, entrepreneurs might be more successful if they not only knew when to start a business and take risks, but also knew when to abandon it and find something that provides a greater opportunity....
Army Ground Combat Systems adopts Sandia tool for choosing future warfighting vehicles
May 21, 2013 1:09 pm | by EurekAlert! | CommentsImagine trying to solve this complex problem: You have to modernize a fleet of combat vehicles, such as tanks, tracked howitzers and infantry fighting vehicles, choosing from among more than 50 ways to update them to meet future threats. Each modernization option can be configured differently to meet a variety of missions around the globe.
£1 million project to produce safer oxygen
May 21, 2013 1:05 pm | by EurekAlert! | CommentsA SAFE way to use oxygen during chemical processes would bring enormous economic benefits to manufacturers in fields such as pharmaceuticals. But the high flammability of oxygen means that the risks often outweigh the advantages. Now a University of Huddersfield professor (pictured) is to collaborate in a £1 million project which aims to unlock the potential of oxygen.
Building a better team -- on Mars
May 21, 2013 12:55 pm | by EurekAlert! | CommentsSometime in the next quarter-century, NASA plans to send the first humans to Mars, a mission that will push the boundaries of teamwork for a handful of astronauts who will spend as long as three years together in a tiny capsule. A Michigan State University project, now wrapping up its third year, aims to arm the crew....
