News
Apple rockets to most profitable quarter ever
January 25, 2010 12:01 pm | by The Associated Press | CommentsApple Inc. says it rocketed to its most profitable quarter ever over the holidays.The iPhone's rollout in several major new markets, including China and South Korea, helped fuel the company's nearly 50 percent jump in net income over the same period a year earlier.Revenue also hit an all-time...
Earnings preview: Netflix's 4Q expected to sparkle
January 25, 2010 12:01 pm | by MICHAEL LIEDTKE - AP Technology Writer - Associated Press | CommentsDVD-by-mail pioneer Netflix Inc. is scheduled to report its fourth-quarter results after the market closes Wednesday. The following is a summary of key developments and analyst opinion related to the period.OVERVIEW: Netflix's audience is expected to surpass 12 million subscribers for the first...
Canadian earnings declared Monday: Versatile Systems' Q2 loss narrows
January 25, 2010 11:01 am | by The Associated Press | CommentsCanadian earnings declared Monday as of 3:30 p.m.:Versatile Systems Inc. (TSXV:VV): Three months ended Dec. 31, 2009, net loss US$80,661, nil a share; 2008, $533,171, nil a share. Revenue: 2009, $11,300,000; 2008, $12,300,000.
Google negotiating ways to keep presence in China
January 25, 2010 11:01 am | by JOE McDONALD - AP Business Writers - Associated Press | CommentsEven if its stand against censorship leads it to close its search engine in China, Google Inc. still hopes to maintain other key operations in the world's most populous Internet market.Google is negotiating to keep its research center in China, an advertising sales team that generates most of...
Smartphones Surpass 15% of Cell Phone Shipments in China
January 25, 2010 10:54 am | by In-Stat | CommentsChina’s smartphone market saw strong growth throughout 2008 with shipments showing a 30% increase over the previous year
Study: New vaccine delivery system may be more effective
January 25, 2010 10:52 am | by Cornell University | CommentsAn interdisciplinary team of Cornell researchers has devised a new way to make vaccines that promises to prevent diseases much more cheaply.
Canadian court rejects Dell appeal in class action
January 25, 2010 9:01 am | by The Associated Press | CommentsA panel of the Court of Appeal of Ontario has dismissed two appeals brought by Dell Inc. seeking to enforce a consumer arbitration clause and prevent a class action lawsuit from proceeding.Computer maker Dell is being sued by a class of 119,000 Canadians who bought Inspiron laptops between 2003...
HP launches digital music venture in Europe
January 25, 2010 8:01 am | by The Associated Press | CommentsHewlett-Packard Co. said Monday it was partnering with U.K. mobile music startup Omnifone Ltd. to launch a subscription music service on its personal computers in Europe, moving into a market dominated by Apple Inc.'s iTunes.Under the partnership, HP will offer a digital music service — called...
Materials Design selected as software supplier and partner for advanced reactor project
January 25, 2010 7:57 am | by EurekAlert | Comments(Materials Design, Inc.) Materials Design, a global leader in computational materials science and engineering software and services, has been selected as a scientific software supplier and partner to Pebble Bed Modular Reactor, Ltd. of South Africa
CACI Int'l receives $81M task order from Army
January 25, 2010 7:01 am | by The Associated Press | CommentsCACI International has received an $81 million military contract to help transfer network and information operations from several bases to Maryland, the government contractor said Monday.The pact, which could span 27 months if an option is exercised, covers the transfer of information...
Versatile Systems Q2 loss cut to US$80,661 from US$533,171; revenues slip
January 25, 2010 7:01 am | by The Associated Press | CommentsVersatile Systems Inc. (TSXV:VV) managed to cut its second-quarter loss despite a drop in revenue which the software and information technology company blamed on the recession and Oracle Corp.'s purchase of Sun Microsystems Inc."The overall economic environment continues to be difficult," said...
Interim GM CEO Whitacre named as permanent CEO
January 25, 2010 7:01 am | by The Associated Press | CommentsGeneral Motors Chairman and interim CEO Ed Whitacre is dropping the interim from his title as the automaker's CEO.Whitacre announced the change this morning at GM's Detroit headquarters.The 68-year-old Whitacre had been GM's interim CEO since last month, when the company's board ousted former...
Gecko's lessons transfer well
January 25, 2010 6:58 am | by EurekAlert | Comments(Rice University) Rice graduate student Cary Pint has come up with a way to transfer forests of strongly aligned, single-walled carbon nanotubes from one surface to another -- any surface -- in a matter of minutes. The template used to grow the nanotubes, with its catalyst particles still...
China’s Netbook Market Faces Unique Challenges
January 25, 2010 6:57 am | by In-Stat | CommentsChina’s netbook market offers high margins that no PC or CE vendor wants to miss. However, the market is not as big as it first seems, due to a few factors.
