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Red Hat to pay $8.8M to settle class action suit

December 15, 2009 2:00 pm | by The Associated Press | Comments

Software company Red Hat Inc. will pay $8.8 million to settle a class action lawsuit related to the restatement of financial results from July 2004.Red Hat said Tuesday that it reached the proposed settlement agreement and recorded a one-time charge of $8.8 million for the quarter that ended...

France to Digitize Its Own Literary Works

December 15, 2009 1:57 pm | by New York Times | Comments

The announcement of a nearly $1.1 billion digitization project underscored the government’s desire to maintain control over French cultural heritage.

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Facebook to Monitor Berlusconi Content

December 15, 2009 1:57 pm | by New York Times | Comments

The move comes after the fan page for Massimo Tartaglia, the man who is accused of hitting Prime Minister Silvio Berlusconi, amassed almost 100,000 users in less than 48 hours.

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Music Business Heads Into Virtual World

December 15, 2009 1:57 pm | by New York Times | Comments

Apple’s purchase of the start-up Lala is bringing more attention to streaming music services as a replacement for songs on your computer.

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Business FMC and Mobile Integration Overview 2008

December 15, 2009 1:57 pm | by In-Stat Research | Comments

Fixed mobile convergence (FMC) covers a wide array of solutions that merge the capabilities of mobile and fixed voice networks and devices.

Heart cells on lab chip display 'nanosense' that guides behavior

December 15, 2009 1:57 pm | by EurekAlert | Comments

(Johns Hopkins University) Biomedical engineers have produced a laboratory chip with nanoscopic grooves and ridges capable of growing cardiac tissue that more closely resembles natural heart muscle.

Adobe Systems posts 4Q loss, hurt by charges

December 15, 2009 12:00 pm | by The Associated Press | Comments

Adobe, the maker of Photoshop and Flash software, is reporting a net loss for its fiscal fourth quarter, weighed by charges.But adjusted earnings and sales surpassed Wall Street's estimates and the company says customer demand is improving.Adobe Systems Inc., which is based in San Jose, Calif.,...

General Dynamics receives $14M US Army contract

December 15, 2009 12:00 pm | by The Associated Press | Comments

Defense contractor General Dynamics said Tuesday it received a $14 million contract from the U.S. Army to purchase tank production materials.Under the contract from the U.S. Army Tank and Automotive Command, General Dynamics will purchase long-lead materials for 140 M1A1 Situational Awareness...

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Versatile Announces Results of Annual General Meeting

December 15, 2009 12:00 pm | by The Associated Press | Comments

Versatile Systems Inc. (TSX VENTURE: VV)(AIM: VVS), today announces the results of its annual general meeting, which was held earlier today.The shareholders elected John Hardy, Alessandro Benedetti, Malcolm Clay, Fraser Atkinson, Kais Laouiti and Bertrand des Pallieres as directors of the Company....

VITA Members Form VPX Marketing Alliance

December 15, 2009 11:00 am | Comments

The purpose of the VPX Marketing Alliance is to continue the work done by the OpenVPX Marketing Working Group in promoting OpenVPX (www.openvpx.com) and establishing an ecosystem of interested parties who will promote the VPX architecture and drive widespread adoption of the VPX specifications and technology.

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Our devices will spin denser webs of data in 2010s

December 15, 2009 11:00 am | by JESSICA MINTZ - AP Technology Writer - Associated Press | Comments

Ten years ago, we would have been blown away by a cell phone with far more computing power and memory than the average PC had in 1999, along with a built-in camera and programs to manage every aspect of our lives. Ten years from now, the iPhone and its ilk will be antiques.Over the next decade,...

Team to study how globalization affects air quality

December 15, 2009 10:55 am | by Cornell University | Comments

An interdisciplinary Cornell team will develop computer models, funded by the EPA, that consider such factors as trade patterns, transportation and economic geography associated with globalization.

SHARC DSPs Maximize Windmill Energy Extraction

December 15, 2009 10:48 am | Comments

Leveraging ADI SHARC digital signal processors, data converters and other advanced components to ensure high-performance system operation, Northern Power Systems' Northwind 100 delivers 100 kilowatts of rated power for community wind applications such as schools/universities, businesses, farms, and municipalities.

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Collaboration Promotes Wireless M2M Designs Using Gobi Tech

December 15, 2009 10:37 am | Comments

Digi International announced that Spectrum Design Solutions, Digi’s wireless consulting group and embedded cellular integrator, is developing machine-to-machine (M2M) designs using Qualcomm’s Gobi modules ...

Digi-Key Corporation and Spectra Symbol Announce Worldwide Distribution Agreement

December 15, 2009 8:52 am | by Digi-Key | Comments

Thief River Falls, Minnesota and Salt Lake City, Utah (USA) — December 15, 2009 — Electronic components distributor Digi-Key Corporation, recognized by design engineers as having the industry's broadest selection of electronic components available for immediate shipment, and Spectra...

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