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Commission to take on bottlenecks to financing of SMEs

May 6, 2010 3:22 am | by European Commission | Comments

Data from the European Commission and European Central Bank indicate that bank credit standards are still tight, net demand for loans from enterprises declined and almost 20% of SMEs’ bank loan applications are rejected. To address this issue Vice-President Antonio Tajani has proposed to...

Nintendo profit drops for first time in 6 years

May 6, 2010 1:30 am | by YURI KAGEYAMA - AP Business Writer - Associated Press | Comments

Japanese game-maker Nintendo suffered its first drop in annual profit in six years, hit by a price cut for the Wii home console and sliding global sales.The maker of Super Mario and Pokemon games said Thursday that net profit for the fiscal year ended March 31 fell 18 percent to 228.6 billion...

Media wants affidavit in Gizmodo raid unsealed

May 5, 2010 3:30 pm | by The Associated Press | Comments

REDWOOD CITY, California (AP) — The Associated Press and other news organizations are asking a judge to unseal the search warrant affidavit used to raid the home of a technology blogger who posted pictures and details of an iPhone prototype.Court documents listing the legal reasons for searches are...

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Burntsand reports Q1 loss of $596,000, revenue down from year ago

May 5, 2010 3:30 pm | by The Associated Press | Comments

Burntsand Inc. (TSX:BRT) said Wednesday that it lost $596,000 in its lost recent quarter compared with a loss of $181,000 a year ago.The company, which struck a deal last month to be bought by Open Text Corp. (TSX:OTC), said the loss amounted to a penny per share for the quarter ended March 31...

The "real" Parts Spacing

May 5, 2010 3:21 pm | by Screaming Circuits | Comments

Last week, at the Embedded Systems Conference, a gentleman came up to me and asked me about component spacing. I started rattling off things about IPC standards when we interrupted me and said: "Not IPC. I want to know the...

Smith Micro 1Q net income rises nearly 6-fold

May 5, 2010 2:30 pm | by The Associated Press | Comments

Smith Micro Software Inc., a maker of software for mobile devices, on Wednesday reported a nearly six-fold increase in first-quarter net income as its revenue rose on strong demand for its products.The company earned $1.6 million, or 5 cents per share, compared with $278,000, or a penny per...

NCI posts higher 1Q income as revenue climbs

May 5, 2010 2:30 pm | by The Associated Press | Comments

NCI Inc. said Wednesday that its income rose in the first quarter as revenue climbed 9.5 percent.Net income rose 17 percent to $5.5 million, or 39 cents per share, from $4.7 million, or 34 cents per share, in the same period a year ago.The company, which provides information technology,...

THQ narrows 4Q loss, aided by sales of new games

May 5, 2010 1:30 pm | by The Associated Press | Comments

Video game developer THQ Inc. on Wednesday reported a narrower loss for its fiscal fourth quarter, thanks to brisk sales of new video game titles, but forecast lower-than-expected earnings for the current period.For the three months that ended March 31, THQ's loss totaled $10.4 million, or 15...

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Study suggests fish virus spread by fish, not boats

May 5, 2010 1:20 pm | by Cornell University | Comments

Viral hemorrhagic septicemia virus could be in a lake without killing fish, according to a new study on the deadly virus that threatens New York's billion dollar sport fishing industry.

HSN 1Q net income rises; higher-priced items sell

May 5, 2010 12:30 pm | by The Associated Press | Comments

Shop-at-home company HSN Inc.'s first-quarter net income rose sharply because it sold more items such as electronics and health products at full price.Quarterly net income rose to $17.7 million, or 30 cents per share, from $3 million, or 5 cents per share last year, the company said...

Is there really a cyberwar? Term might be misused

May 5, 2010 11:30 am | by JORDAN ROBERTSON - AP Technology Writer - Associated Press | Comments

Is there really a "cyberwar" going on? Some officials and computer security companies say yes, arguing that armies of hackers are stealing online secrets and using the Internet to attack infrastructure such as power grids.However, some security analysts said at a conference this week that...

Digital River buys fatfoogoo for $10M

May 5, 2010 10:30 am | by The Associated Press | Comments

Digital River, which provides technology and services for companies that sell products online, said Wednesday it bought fatfoogoo for about $10 million in cash.The company fatfoogoo provides e-commerce services for online games.Digital River said by combining the two companies' technologies, it...

Yale-Designed Amplifier Pushes the Boundary of Quantum Physics

May 5, 2010 10:21 am | by Yale UniversityYale University | Comments

If powerful new quantum computers are to reach their enormous potential, they will need amplifiers capable of transmitting signals so weak they consist of a single photon. In the May 6 edition of the journal Nature, a team of Yale scientists report creating an amplifier almost as...

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23-year-old wins $1M playing baseball video game

May 5, 2010 9:30 am | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | Comments

Shh, don't tell your kids. Wade McGilberry just won a million dollars playing a video game.The 23-year-old from Mobile, Ala., accomplished the feat in just an hour and a half, becoming the first to pitch a perfect game in Take-Two Interactive Software Inc.'s "Major League Baseball 2K10." He and...

Rice team talks the walk

May 5, 2010 9:23 am | by EurekAlert | Comments

(Rice University) The team of Rice seniors Jon Stanley, Ashley Hill and Laura Leim delivered the Trek Tracker, a high-tech video camera on a trolley that automates the process of videotaping a patient's gait, from the perfect angle, while the patient walks.

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