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Japan says will respond appropriately to yen surge

August 12, 2010 2:05 am | by The Associated Press | Comments

Japan finance's chief said the government will "respond appropriately" to a surge in the yen after it hit a 15-year-high against the dollar amid a weakening U.S. economic recovery."We are closely monitoring a rapid rise in the yen," Finance Minister Yoshihiko Noda told reporters Thursday. His...

Information tech firm SRA's 4Q net income rises

August 11, 2010 3:06 pm | by The Associated Press | Comments

SRA International Inc., whose information technology business ranges from air traffic management to software for tracking gang activity, reported Wednesday that its fourth-quarter net income rose as its revenue rose.The company, based in Fairfax, Va., said it earned $20.9 million, or 36 cents...

Tinnitus study looks for cure to 'ringing in the ears'

August 11, 2010 2:21 pm | by EurekAlert | Comments

(University of Texas at Dallas) The NIH has granted a University of Texas at Dallas researcher and a university-affiliated biomedical firm $1.7 million to investigate whether nerve stimulation offers a long-term cure for tinnitus. Described as a ringing in the ears, tinnitus affects 20...

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Cisco income up, but signs of slowing recovery

August 11, 2010 2:05 pm | by PETER SVENSSON - AP Technology Writer - Associated Press | Comments

Cisco Systems Inc. reported stronger earnings in the latest quarter as its customers continued to catch up on delayed purchases of networking gear, but its CEO said the company was seeing signs of the economic recovery slowing down.Shares in the world's largest maker of computer networking gear...

UH supercomputing expert goes green

August 11, 2010 1:21 pm | by EurekAlert | Comments

(University of Houston) As with many "green" initiatives, "green computing" also is on the rise. Internationally renowned for his expertise in the field, University of Houston (UH) professor Lennart Johnsson will be giving the keynote address at the International Green Computing...

NC chemical firm buys Medford's Doe & Ingalls

August 11, 2010 12:22 pm | by Medical Design Technology | Comments

Doe & Ingalls Inc., a chemical distribution firm in Medford, has been acquired by Doe & Ingalls Management LLC, an independent operation headquartered in Durham, N.C.

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The Essential Laser for Orthopedics

August 11, 2010 12:22 pm | by Medical Design Technology | Comments

The “futuristic” technology of lasers is not so far fetched anymore. In fact, most don’t give them a second thought. They are used in a variety of industries, including both the manufacture of medical devices and in the finished devices themselves. This article reviews the critical role...

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Kratos Defense buys DEI Services for $6 million

August 11, 2010 12:06 pm | by The Associated Press | Comments

Defense contractor Kratos Defense & Security Solutions Inc. said Wednesday it has acquired DEI Services Corp., a company that makes military training equipment, for about $6 million.Kratos expects DEI, a privately held company based in Orlando, Fla., to contribute at least $15 million to $20...

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NPL unveils quantitative means of monitoring ultrasonic cleaning systems

August 11, 2010 11:21 am | by EurekAlert | Comments

(National Physical Laboratory) The UK's National Physical Laboratory has developed the CaviMeter? -- a new instrument for measuring the performance of ultrasonic cleaning systems.

Systemax Inc.'s 2Q net income rises 46 percent

August 11, 2010 11:05 am | by The Associated Press | Comments

Systemax Inc.'s second-quarter net income rose 46 percent, but shares plunged more than 18 percent as the electronics retailer's performance missed estimates by a large margin.The company said Wednesday it earned $9.5 million, or 25 cents per share, in the three-month period ended June 30....

Analyst sees weak spots in Dell's Streak tablet

August 11, 2010 11:05 am | by The Associated Press | Comments

Could Dell Inc.'s new tablet computer, the Streak, amount to significant new source of revenue for the computer maker and help it compete with Apple Inc.'s iPad? One analyst who follows both companies has his doubts.THE OPINION: Shaw Wu, of Kaufman Bros., called the Streak "a step in the right...

Energy storage system deals with sudden draws on the grid

August 11, 2010 10:21 am | by EurekAlert | Comments

(University of Leeds) Researchers at the University of Leeds and the Chinese Academy of Sciences have found a way to manage short-lived draws on the electricity grid.

New sensor unit protects a ship's lifeblood

August 11, 2010 9:22 am | by European Commission | Comments

EU-funded scientists have developed a computerised warning sensor that monitors a ship's all-important lubricated systems. A black box attached to the ship's engine together with the unit's oil-monitoring software work together to warn a crew if the lifeblood of their vessel is under...

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GSI Commerce expands to Tokyo; names Asia exec

August 11, 2010 9:05 am | by The Associated Press | Comments

Retail website operator GSI Commerce Inc. on Wednesday said it opened an office in Tokyo and tapped Kaoru Nakashima as vice president of Japan and Asia Pacific, leading the Japanese office.Nakashima most recently worked as general manager of Jupiter Shop Channel, a TV shopping channel in Japan....

Dicerna rounds out $25M Series B financing

August 11, 2010 8:22 am | by Medical Design Technology | Comments

Dicerna Pharmaceuticals Inc. a Watertown-based RNA interference platform development company, has closed a $25 million Series B funding round led by new backer Domain Associates, based in New Jersey and California.

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