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Quebecor Inc.'s net income falls to $38.3 million in first quarter

May 12, 2010 3:30 am | by The Associated Press | Comments

Quebecor Inc. (TSX:QBR.B) says higher revenues in its telecommunications segment during the first quarter offset declines in most other parts of its business, particularly news media.The Montreal-based company says its first-quarter revenue was $948.1 million, up $45 million overall from the...

Samsung Life shares jump after record IPO

May 11, 2010 7:30 pm | by The Associated Press | Comments

Samsung Life Insurance shares jumped nearly 9 percent in their first day of trading in South Korea after a $4.3 billion initial public offering that set a record as the country's largest.The shares opened Wednesday at 119,500 won ($104.69), some 8.6 percent above the IPO price of 110,000 won....

Tax : Average tax burden on workers’ earnings fell in most OECD countries last year

May 11, 2010 6:30 pm | by OECD | Comments

Average tax and social security burdens on employment incomes fell slightly in 24 out of 30 OECD countries last year as governments struggled to shore up faltering economies amid the worst recession in decades. But whether this trend will continue this year is uncertain given the...

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Verizon, Google Developing iPad Rival

May 11, 2010 6:28 pm | by Wall Street Journal | Comments

Verizon Wireless CEO Lowell McAdam said the company is working with Google on a tablet computer, as the wireless company works to catch up with iPad host AT&T in the area of devices that connect to wireless networks.

Luxembourg : Labour market, pension reforms needed

May 11, 2010 5:30 pm | by OECD | Comments

The future growth path in Luxembourg is likely to be weaker than in the past. Pension reform, together with fiscal consolidation, is required to put the public finances on a sustainable footing, while adaptability of the labour market needs to be improved to avoid long-term unemployment...

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Statistics : Unemployment rate remains broadly stable at 8.7% in March

May 11, 2010 5:30 pm | by OECD | Comments

The unemployment rate for the OECD area was broadly stable in March 2010 at 8.7%; a rise of 0.1 percentage point compared with February.

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Registration for the KIC Launch conference is now open

May 11, 2010 5:27 pm | Comments

This event aims to celebrate the official launch of the EIT's first three KICs (Knowledge and...

Head of Nokia’s Mobile Phone Unit Is Leaving

May 11, 2010 5:25 pm | by New York Times | Comments

The departure of Rick Simonson, who has been in the job for six months, comes amid Nokia’s second reorganization in less than a year.

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Review of Google-AdMob Deal Gets More Time

May 11, 2010 5:25 pm | by New York Times | Comments

The Federal Trade Commission wants to use the additional time, in part, to better understand the competitive effects of Apple’s purchase of Quattro Wireless, an AdMob rival.

A Revamped Microsoft Office, Free on the Web

May 11, 2010 5:25 pm | by New York Times | Comments

As it tries to fend off rivals like Google, Microsoft’s revamped Office software will let users work on and store their documents on the Web.

Facebook Makes Ad Inroads

May 11, 2010 5:25 pm | by Wall Street Journal | Comments

Facebook delivered more banner ads to U.S. users than Yahoo in the first quarter, though it still lags far behind in revenue.

Constellation Acquires eFit Financial

May 11, 2010 3:30 pm | by The Associated Press | Comments

http://www.csisoftware.com () —Constellation Software Inc. ("Constellation") (TSX: CSU) announced today that EZ Facility Inc. ("EZFacility"), a division of its wholly-owned subsidiary Jonas Software USA Inc. ("Jonas"), has acquired the shares of eFit Financial, Inc. of Denver, Colorado. The...

Iron Man 2 Via 3-D Printing

May 11, 2010 3:23 pm | by Curious Cat Science and Engineering Blog | Comments

Ever since I first heard of 3-D printing I have though it was very cool. Well first I thought it was science fiction, not real, but a cool idea. Then when I found out it was real I thought it was very cool. Not only is it cool, it is practical. [...]

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Opnet posts $2.3M profit for fourth quarter

May 11, 2010 2:30 pm | by The Associated Press | Comments

Opnet Technologies Inc., which makes network management software, on Tuesday said it turned a profit in the latest quarter as business rebounded after the recession.For the fiscal fourth quarter, ended March 31, net income was $2.3 million, or 11 cents per share. That compared to a loss of...

Iowa State engineers design power structures that help keep the lights on

May 11, 2010 1:26 pm | by EurekAlert | Comments

(Iowa State University) Iowa State University engineers are developing new and improved poles to carry electricity across the countryside. They say the new structures -- which can bend and deflect an extreme load -- would be cheaper, easier to install, more secure and more resistant to...

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