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Derivatives and Market Infrastructures

June 15, 2010 2:23 am | by European Commission | Comments

The European Commission adopted a Communication on "Ensuring efficient, safe and sound derivatives markets – future policy actions", on 20th October 2009 after a full consultation on a previous Communication of July 2009 (COM(2009)332) and accompanying Staff Working Paper and Consultation...

Oceanus Opens New US Subsidiary in Jacksonville, Florida

June 15, 2010 1:05 am | by The Associated Press | Comments

UK IT company, Oceanus, (www.oceanus.co.uk (http://www.oceanus.co.uk/) ) today announces the incorporation of Oceanus Operations Inc. in the United States. It is formed as a subsidiary of Oceanus Operating, Company Ltd enhancing the company's capability to provide seamless 24/7 service and...

Reliance to Spend $1 Billion on Broadband Foray

June 14, 2010 11:26 pm | by Wall Street Journal | Comments

Reliance Industries is likely to invest $1 billion on its broadband wireless foray over the next two years as the company re-enters the telecommunications sector.

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Korea : Economic Survey says reforms are needed for a stronger recovery

June 14, 2010 11:25 pm | by OECD | Comments

Sustaining Korea’s strong recovery from the global downturn requires reforms, notably in the service sector, the labour market and the financial sector, to enhance productivity growth. Rapid population ageing makes health-care reform a priority. Korea also faces challenges in its...

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Virgin Group Takes Chance on a Video Game Site

June 14, 2010 10:27 pm | by New York Times | Comments

Console video game players will have the chance to win large cash prizes for beating others at well-known PlayStation 3 and Xbox 360 games.

New Strike Threat at Honda Parts Plant in China

June 14, 2010 10:27 pm | by New York Times | Comments

Employees returned to work, but were threatening to walk if Honda did not improve its offer.

Xbox 360 in Deal to Stream ESPN3

June 14, 2010 10:27 pm | by New York Times | Comments

Access to ESPN3 will be free for premium subscribers to Microsoft’s Xbox membership service.

RIM Tests Tablet, iPhone Rival

June 14, 2010 10:26 pm | by Wall Street Journal | Comments

RIM is testing a touch-screen smartphone with a slide-out keyboard and is also experimenting with a tablet device to serve as a larger-screen companion to its BlackBerry phone.

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ManTech unit gets $17.1M Navy contract

June 14, 2010 4:05 pm | by The Associated Press | Comments

The Defense Department said Monday it awarded ManTech Systems Engineering Corp. a contract modification worth $17.1 million.The modification was to a Navy contract for the procurement of warfare analysis, modeling and simulation software development and analytic program support for the Naval...

China bid to spur innovation raises trade tensions

June 14, 2010 2:06 pm | by CHRISTOPHER S. RUGABER - AP Economics Writer - Associated Press | Comments

China is heightening trade tensions with the United States by taking steps that could make it harder for U.S. software, clean-energy and other cutting-edge companies to sell in the Chinese market.Beijing has proposed rules that U.S. businesses say would lead its government agencies to buy...

Microsoft makes big push for new game audience

June 14, 2010 12:05 pm | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | Comments

To appeal to families ready to graduate from the Nintendo Wii, Microsoft Corp. wants to build on the success of the Wii's motion-capture wand — by getting rid of the wand entirely.On Monday, Microsoft detailed its new Kinect game technology, coming this fall for the Xbox 360 game console. Once...

Colors of Butterfly Wing Yield Clues to Light-Altering Structures

June 14, 2010 11:23 am | by Yale UniversityYale University | Comments

At the very heart of some of the most brilliant colors on the wings of butterflies lie bizarre structures, a multidisciplinary team of Yale researchers has found. These structures are intriguing the team's scientists and engineers, who want to use them to harness the power of light.

China Inflation Rises To 3.1 Percent In May; Dell In Talks With SEC

June 14, 2010 11:05 am | by The Associated Press | Comments

To Settle Probe; Circuit Breakers Begin Today With 5 Stocks; Japan Prime Minister Warns About Government Debt; Retail, Consumer Confidence Due Out; U.S. Won't Decide On GM IPO Date; U.S. Geological Survey Team Says The Spill Rate Is Far Higher Than Previously Thought; Oil Spill Could Reach Mexico...

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Rosetta Stone settles 10 pirated software cases

June 14, 2010 10:05 am | by The Associated Press | Comments

Rosetta Stone has reached settlements in 10 cases against people and businesses who it claimed had pirated technology, the language software company said Monday.The company's copyrights and trademarks were violated through actions including the unauthorized copying, downloading, sharing and...

CDC Software expects more application revenue

June 14, 2010 10:05 am | by The Associated Press | Comments

CDC Software expects a 33 percent to 42 percent increase in application revenue in second quarter based on preliminary financial data, the company said Monday.That equates to application revenue of $10.2 million to $10.9 million. In the same period last year, the same revenue hit $7.7 million....

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