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Telefónica Raises Bid for PT Stake in Vivo

July 28, 2010 12:25 am | by Wall Street Journal | Comments

Spain's Telefónica has sweetened its offer for Portugal Telecom's stake in Brazil's Vivo Participacoes to $9.75 billion, a person familiar with the situation said.

Japan's NEC reports $490 million quarterly loss

July 28, 2010 12:05 am | by The Associated Press | Comments

Japan's NEC Corp. reported a loss in the latest quarter amid a slump in its network systems business and after hiving off its semiconductor unit .The Tokyo-based electronics maker Wednesday posted net loss of 43.1 billion yen ($490 million) in the April-June quarter, sinking deeper into the red...

Google Develops a Facebook Rival

July 27, 2010 10:24 pm | by Wall Street Journal | Comments

Google is in talks with several makers of popular online games as it seeks to develop a broader social-networking service that could compete with Facebook.

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Yahoo Japan Teams With Google on Search

July 27, 2010 10:24 pm | by New York Times | Comments

Yahoo Japan announced it would use Google technology to power its Internet search engine, putting Yahoo Japan on a divergent path from that of its American cousin.

Disney Buys Playdom in $763 Million Deal

July 27, 2010 10:24 pm | by New York Times | Comments

Disney will initially pay $563.2 million for Playdom and will make $200 million in additional payments if Playdom achieves unannounced growth goals.

European Governments Unleash Online Gambling to Help Fill Coffers

July 27, 2010 10:24 pm | by New York Times | Comments

Cash-strapped governments looking for ways to narrow budget gaps are embracing a source of revenue they once viewed with wary skepticism: online gambling.

Military Open-Source Software Could Increase Flexibility, Lower Cost

July 27, 2010 9:21 pm | by Georgia Institute of Technology | Comments

Researchers at the Georgia Institute of Technology are helping the U.S. military analyze and develop the advantages of open-source software -- programs that make their source code open to others so it can be changed and improved.

Panasonic introduces 3-D camcorder for consumers

July 27, 2010 9:05 pm | by YURI KAGEYAMA - AP Business Writer - Associated Press | Comments

The problem of what to watch on a 3-D TV will be yours to solve with Panasonic's camcorder for families to film birthdays, baby's first walk and weddings, all in 3-D.Numerous global electronics companies are racing 3-D televisions into the shops, hoping a revival of interest in the technology...

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Georgia Tech-Led Team Authors Comprehensive New Radar Technology Book

July 27, 2010 7:22 pm | by Georgia Institute of Technology | Comments

A team consisting primarily of researchers from the Georgia Institute of Technology has completed a new book on radar technology aimed at both students and professionals.

APNewsBreak: FBI says mastermind of botnet nabbed

July 27, 2010 6:05 pm | by LOLITA C. BALDOR - Associated Press Writer - Associated Press | Comments

International authorities have arrested a computer hacker believed responsible for creating the malicious computer code that infected as many as 12 million computers, invading major banks and corporations around the world, FBI officials told The Associated Press on Tuesday.A 23-year-old...

Websense 2Q net income slips 6 percent

July 27, 2010 3:05 pm | by The Associated Press | Comments

Websense Inc. on Tuesday said its second-quarter net income dipped 6 percent and the Internet filtering and security software maker issued revenue guidance lower than Wall Street was expecting, citing concerns about foreign exchange rates and the overall economy.Investors sent the company's...

Nanoblasts from laser-activated nanoparticles move molecules, proteins and DNA into cells

July 27, 2010 2:22 pm | by EurekAlert | Comments

(Georgia Institute of Technology Research News) Using chemical "nanoblasts" that punch tiny holes in the protective membranes of cells, researchers have demonstrated a new technique for getting therapeutic small molecules, proteins and DNA directly into living cells.

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Disney to buy social-gaming site Playdom

July 27, 2010 2:05 pm | by The Associated Press | Comments

The Walt Disney Co. is buying online social-gaming company Playdom for $563.2 million, the latest sign the company is becoming a formidable player in the video-game industry.Disney said Tuesday it is buying Playdom to strengthen its digital-gaming portfolio. The purchase will help bring...

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Cheaper substrates made of oxide materials

July 27, 2010 1:22 pm | by EurekAlert | Comments

(American Institute of Physics) Imagine building cheaper electronics on a variety of substrates -- materials like plastic, paper, or fabric. Researchers at Taiwan's National Chiao Tung University have made a discovery that opens this door, allowing them to build electronic components like...

Judge accepts guilty plea in Koss embezzlement

July 27, 2010 12:05 pm | by The Associated Press | Comments

A federal judge has accepted a guilty plea from a former Koss Corp. executive to felony fraud in a $34 million embezzlement.Sujata "Sue" Sachdeva signed an agreement earlier this month to plead guilty to all six felony frauds counts against her.Sachdeva also agreed to pay an estimated $34...

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