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Audit: NC Medicaid claims system untested, flawed

May 22, 2013 1:59 pm | by MICHAEL BIESECKER - Associated Press - Associated Press | Comments

An audit of the North Carolina Department of Health and Human Services released Wednesday says it has failed to fully test a new $484 million computer system scheduled to begin processing Medicaid claims on July 1. The report issued by the office of State Auditor Beth Wood raises serious...

Rice unveils method for tailoring optical processors

May 22, 2013 12:10 pm | by EurekAlert! | Comments

Rice University scientists have unveiled a robust new method for arranging metal nanoparticles in geometric patterns that can act as optical processors that transform incoming light signals into output of a different color. Rice's team used the method to create an optical device in which incoming light could be directly controlled...

Mouser Electronics’ President and CEO Glenn Smith celebrates 40 years of service

May 22, 2013 11:16 am | Comments

Mouser Electronics announced the 40th company anniversary milestone of Glenn Smith, Mouser’s President and Chief Executive Officer. In 1973, Pong was cutting edge in the world of video games, music came on eight-track tapes, TV viewing was limited to three networks and Glenn Smith was a college kid....

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New technique may open up an era of atomic-scale semiconductor devices

May 22, 2013 11:03 am | by NC State University | Comments

Researchers at North Carolina State University have developed a new technique for creating high-quality semiconductor thin films at the atomic scale – meaning the films are only one atom thick. The technique can be used to create these thin films on a large scale, sufficient to coat wafers that are two inches wide, or larger.

Internet cable from Cuba to Jamaica comes online

May 22, 2013 10:55 am | by The Associated Press | Comments

A new branch of the Venezuela-to-Cuba undersea fiber-optic cable has reportedly come online, linking the island to nearby Jamaica, increasing Cuba's potential international communications bandwidth and providing a backup for the main line.

With high-tech guns, users could disable remotely

May 22, 2013 10:51 am | by MARTHA MENDOZA, AP National Writer | Comments

A high-tech startup is wading into the gun control debate with a wireless controller that would allow gun owners to know when their weapon is being moved — and disable it remotely. The technology, but not an actual gun, was demonstrated Tuesday at a wireless technology conference in Las Vegas and was shown to The Associated Press in advance.

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First Look: New Xbox elegant, but much unknown

May 22, 2013 10:47 am | by DERRIK J. LANG, AP Entertainment Writer | Comments

After four years of development, Microsoft unveiled the Xbox One entertainment console and touted it as an all-in-one solution for playing games, watching TV and doing everything in between. Microsoft wants the Xbox One to be central to your living room...

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Sony mulls hedge fund's entertainment sale idea

May 22, 2013 10:42 am | by ELAINE KURTENBACH, AP Business Writer | Comments

Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division. Hirai was asked about the proposal at a corporate strategy presentation Wednesday.

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Solar plane departs Phoenix on 2nd leg of US trip

May 22, 2013 10:36 am | by The Associated Press | Comments

A solar-powered plane is flying from Arizona to Texas on the second leg of a trip across the United States. The Solar Impulse is making the first attempt by a solar airplane capable of flying day and night without fuel to fly across the U.S.

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Median CEO pay rises to $9.7 million in 2012

May 22, 2013 9:43 am | by CHRISTINA REXRODE - AP Business Writer - Associated Press | Comments

CEO pay has been going one direction for the past three years: up. The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an...

EU leaders discuss fight against tax evasion

May 22, 2013 9:32 am | by JUERGEN BAETZ - Associated Press - Associated Press | Comments

European Union leaders on Wednesday sought to advance their fight against tax fraud and close the loopholes for large corporations' tax avoidance schemes. European officials say tax fraud costs the 27-nation bloc an estimated 1 trillion euros ($1.3 trillion) a year at a time when much of the bloc...

Pactera committee to consider going-private offer

May 22, 2013 7:54 am | by The Associated Press | Comments

Chinese consulting and technology services company Pactera Technology International Ltd. said Wednesday that its board has created a special committee to consider an offer from a group that includes its CEO to take the company private. The amount of the offer was not disclosed, but the company's...

Emory, Georgia Tech receive first human exposome center grant in U.S.

May 22, 2013 12:00 am | by Georgia Institute of Technology | Comments

Investigators at Rollins School of Public Health at Emory University, along with partners at the Georgia Institute of Technology, have received a $4 million grant over four years to establish the HERCULES Center at Emory University (Health and Exposome Research Center: Understanding Lifetime Exposures). The grant is the first exposome-based center grant awarded in the United States. ...

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NetApp to cut jobs, boost buyback and pay dividend

May 21, 2013 6:50 pm | by The Associated Press | Comments

Data storage company NetApp Inc. said Wednesday that it will eliminate 900 jobs as part of a restructuring effort to streamline operations. The company announced the cuts in its quarterly earnings release as it reported higher operating costs that outweighed increased sales of its data storage...

Iron-platinum alloys could be new-generation hard drives

May 21, 2013 1:30 pm | by EurekAlert! | Comments

Meeting the demand for more data storage in smaller volumes means using materials made up of ever-smaller magnets, or nanomagnets. One promising material for a potential new generation of recording media is an alloy of iron and platinum with an ordered crystal structure.

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