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Economy : Developing countries set to account for nearly 60% of world GDP by 2030, according to new estimates

June 16, 2010 3:28 am | by OECD | Comments

The economic and financial crisis is accelerating a longer-term structural transformation in the global economy, with the aggregate economic weight of developing and emerging economies on the verge of surpassing that of the countries that currently make up the advanced world, according to...

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Netherlands : Economic Survey says the new Government will have to address key challenges

June 16, 2010 1:25 am | by OECD | Comments

On the background of an improving economy, the new Government is faced with the main macroeconomic challenge of moving from an expansive the fiscal stance to focusing on securing sustainable public finances, while at the same time implement measures that secure occupational pensions and...

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News Corp., BSkyB to Seek Regulatory Approval for Deal

June 15, 2010 11:25 pm | by Wall Street Journal | Comments

BSkyB is open to the idea of News Corp. buying up the remaining 61% of the company, but the two sides want to secure regulatory approval before haggling over price.

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Flock browser gets faster, friendlier with upgrade

June 15, 2010 9:05 pm | by MICHAEL LIEDTKE - AP Technology Writer - Associated Press | Comments

Flock, a Web browser focused on the online social scene, is trying to make it quicker and easier to keep tabs on your friends and family.The upgrade scheduled to be released Wednesday is built on the same open-source coding that Google Inc. developed for its Chrome browser, which has attracted...

Sales and Profit at Best Buy Fail to Meet Expectations

June 15, 2010 8:27 pm | by New York Times | Comments

The chain’s selling, general and administrative costs rose 12.3 percent, narrowing profit margins.

Nintendo and Sony Unveil 3-D Visions at Game Expo

June 15, 2010 8:26 pm | by New York Times | Comments

The Nintendo 3DS provides 3-D images without the need for the special glasses, while Sony relies on its specially equipped TV sets.

Problems Mar First Day of Sales for iPhone 4

June 15, 2010 8:26 pm | by New York Times | Comments

Buyers were greeted with error messages on the Web sites of Apple and AT&T, where many reported difficulty retrieving their customer data.

Videogames in 3-D

June 15, 2010 8:26 pm | by Wall Street Journal | Comments

Nintendo became the first game-console maker to introduce a dedicated device for 3-D gaming with its 3DS debut Tuesday. Sony will offer game titles in 3-D versions.

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Nintendo woos gamers with classics, 3-D

June 15, 2010 8:05 pm | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | Comments

You won't need special glasses to play games in 3-D on Nintendo's newest handheld device, but don't expect the technology to hit big-screen TVs anytime soon.The 3DS, as the Japanese video game maker's upcoming gadget is called, uses a technology that's specially suited to a handheld device....

Tech company's contracts with Hawaii to be audited

June 15, 2010 7:05 pm | by The Associated Press | Comments

Hawaii's auditor is looking into an information technology company that received millions of dollars in state contracts related to its computerized tax system and a disease surveillance system.The Legislature called for the audit of Montreal-based CGI Group Inc. to investigate the $25 million...

Seeing no downside, Paramount sticks with Redbox

June 15, 2010 5:05 pm | by The Associated Press | Comments

Viacom Inc.'s Paramount movie studio has again agreed to extend a deal to supply movie discs to Redbox's rental kiosks on the same day as they are released for sale, the companies said Tuesday.Allowing same-day rentals "had minimal impact on our DVD sales," said Paramount Home Entertainment's...

Ciber acquires Danish consulting co. Segmenta

June 15, 2010 4:06 pm | by The Associated Press | Comments

GREENWOOD VILLAGE, Colo. (AP) — Technology consultant Ciber Inc. said Tuesday that it will acquire the assets of Denmark-based technology consulting company Segmenta A/S. Terms were not disclosed.The acquisition helps Ciber fulfill its ambition of being a leading provider of systems, applications...

Struggle to Handle iPhone Orders

June 15, 2010 2:26 pm | by Wall Street Journal | Comments

Many customers were unable to preorder the new iPhone 4 via AT&T or Apple's websites, a development that marred the first day people could sign up to buy the new phone.

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CCNY leads study to identify top NJ tidal power generation sites

June 15, 2010 1:23 pm | by EurekAlert | Comments

(City College of New York) With a coastline stretching from New York Harbor to Cape May, NJ, stands to benefit from a new study designed to pinpoint the top 20 sites for hydrokinetic energy, a renewable resource produced by the movement of tides, waves and currents in oceans and other...

Best Buy shoppers spend less than expected for qtr

June 15, 2010 1:05 pm | by MAE ANDERSON - AP Retail Writer - Associated Press | Comments

Best Buy shoppers spent less than expected this spring, contributing to a rocky first quarter for the chain and disappointing Wall Street, but executives said the weak results don't mean Americans have less of an appetite for electronics.The company's profit edged up 1 percent but fell far...

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