News
Best Buy 3Q profit rises; predicts slimmer margins
December 15, 2009 4:00 am | by The Associated Press | CommentsBest Buy Co. said Tuesday its third-quarter profit more than quadrupled. But shares fell 4 percent in premarket trading as it said its gross profit rate will be lower than expected in the fourth quarter and international revenue fell.The nation's largest electronics retailer raised its earnings...
Efforts under way to make Web more accessible
December 15, 2009 1:00 am | by BROOKE DONALD - Associated Press Writer - Associated Press | CommentsImagine not being able to use a mouse to open a Web browser or a keyboard to type an e-mail. What if you couldn't distinguish colors on a computer screen or type the distorted letters in order to buy concert tickets or enroll in a class?Despite technological advances aimed at making the...
Samsung Electronics shuffles management team
December 14, 2009 5:00 pm | by The Associated Press | CommentsSamsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology giant's way of doing business, streamlining decision-making in an effort to get products to market faster.Lee Yoon-woo, who has served as CEO since...
22 million missing Bush White House e-mails found
December 14, 2009 4:00 pm | by PETE YOST - Associated Press Writer - Associated Press | CommentsComputer technicians have found 22 million missing White House e-mails from the administration of President George W. Bush and the Obama administration is searching for dozens more days' worth of potentially lost e-mail from the Bush years, according to two groups that filed suit over the...
Matrikon wins US$15.7M contract for project for Middle East oil company
December 14, 2009 2:00 pm | by The Associated Press | CommentsMatrikon Inc. (TSX:MTK) said Monday that it has won a US$15.7-million contract to build a remote oil field monitoring project for a Middle East oil company.The company said the contract was though a jointly owned subsidiary established to drum up business in the region.The project covers 78...
Tracking new cancer-killing particles with MRI
December 14, 2009 1:57 pm | by EurekAlert | Comments(Rice University) Researchers at Rice University and Baylor College of Medicine have created a single nanoparticle that can be tracked in real time with MRI as it homes in on cancer cells, tags them with a fluorescent dye and kills them with heat. The all-in-one particle is one of the...
General Dynamics unit gets $110M contract
December 14, 2009 1:00 pm | by The Associated Press | CommentsA unit of military contractor General Dynamics Corp. has been awarded a three-year contract with a potential value of $110 million to produce integrated circuits for the U.S. Navy's Trident II (D5) submarine-launched ballistic missile program.General Dynamics Advanced Information Systems'...
Air Force grant to tighten online encryption
December 14, 2009 12:53 pm | by Cornell University | CommentsComputer scientist Rafael Pass is seeking new approaches to cryptographic security with a $600,000, five-year grant from the Air Force Office of Scientific Research.
Copernic Inc.: Previously Announced Private Placement Delayed
December 14, 2009 12:00 pm | by The Associated Press | CommentsCopernic Inc., (the "Company"), (NASDAQ: CNIC) today announced that the parties have mutually agreed to a short delay in the closing of the previously announced private placement of 500,000 common shares to 2208270 Ontario Limited. Closing has been rescheduled to January 29, 2010. Other than the...
Rain or Shine? Computer Models How Brain Cells Reach a Decision
December 14, 2009 11:55 am | by Yale University | CommentsYale University researchers have devised a computer model to explain how the brain makes decisions based on statistical probabilities-as, for instance, when a doctor makes a diagnosis based on several conflicting test results.
Experienced Executive Brings Strong Growth Track Record and Public Company Credentials to Lead Rapidly Growing Technology Vendor
December 14, 2009 11:00 am | by The Associated Press | Commentshttp://www.datarobotics.com () —Data Robotics, Inc., makers of the award-winning Drobo storage arrays, today announced that Tom Buiocchi has been appointed the new president and chief executive officer. Buiocchi succeeds founder Geoff Barrall, who has served as CEO since 2005."Geoff has done a...
Earnings Preview: Best Buy
December 14, 2009 9:00 am | by The Associated Press | CommentsElectronics retailer Best Buy Co. reports earnings for its fiscal third quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period.OVERVIEW: Best Buy has gained market share since its biggest direct competitor, Circuit City, closed last year....
Laird Technologies Opens New Bangalore Wireless M2M Design Center
December 14, 2009 7:50 am | CommentsLaird Technologies, Inc., a global leader in the design and manufacture of customized, performance-critical components for wireless systems and other advanced electronics applications, today announced the opening of its new wireless M2M design center in Bangalore, India.
ON Semiconductor to Acquire California Micro Devices
December 14, 2009 7:46 am | CommentsON Semiconductor and California Micro Devices today announced the signing of a definitive merger agreement pursuant to which ON Semiconductor will acquire California Micro Devices through a cash tender offer of $4.70 per share.
EU signals could OK Oracle deal with no sell-off
December 14, 2009 6:00 am | by AOIFE WHITE - AP Business Writer - Associated Press | CommentsEuropean Union regulators looked closer to approving Oracle Corp.'s takeover of Sun Microsystems Inc. when they said Monday that the company's stated commitment to open-source database software was "an important new element."The European Commission is holding up the $7.4 billion (euro5.05...
