News
Report says Silicon Valley economy sputtering
February 11, 2010 7:25 am | CommentsSilicon Valley's economy took a big hit during the global meltdown and could have trouble climbing out, according to a report released Wednesday. The 2010 Index of Silicon Valley said the region is entering a "new phase of uncertainty"...
Facebook deletes 30 UK inmates' pages after taunts
February 11, 2010 7:23 am | CommentsFacebook has deleted the pages of 30 U.K. prisoners at the request of the British government, the justice minister announced Thursday, after several incidents in which inmates reportedly used the Internet to plot with criminals and intimidate victims.
Syntel 4Q profit rises 34 pct, 2010 costs increase
February 11, 2010 7:01 am | by The Associated Press | CommentsSyntel Inc., an information technology outsourcing company, on Thursday reported a 34 percent increase in fourth-quarter profit as improving demand for its offshore services gave a boost to revenue.The company, which links software developers in India with project managers worldwide, earned...
Journal Communications posts 4Q profit
February 11, 2010 6:01 am | by The Associated Press | CommentsMilwaukee Journal Sentinel publisher Journal Communications Inc. reported a fourth-quarter profit of $7.2 million Thursday, reversing year-ago loss caused by accounting charges.But the company, which also operates smaller community newspapers as well as radio and TV stations, continued to...
Huge rally and protests mark Iran revolution
February 11, 2010 4:01 am | by NASSER KARIMI - Associated Press Writer - Associated Press | CommentsHundreds of thousands of Iranians massed Thursday in central Tehran to mark the anniversary of the revolution that created the country's Islamic republic, while a heavy security force fanned out across the city and moved quickly to snuff out opposition counterprotests.Police clashed with...
Journal Communications to release 4th-qtr earnings
February 11, 2010 2:01 am | by The Associated Press | CommentsMilwaukee-based Journal Communications Inc. is scheduled to release its fourth-quarter and full-year 2009 earnings.The publisher of the Milwaukee Journal Sentinel will release its earnings report early Thursday morning.When it reported its third-quarter earnings in October, the media company...
Summary Box: Activision posts solid 4Q results
February 10, 2010 3:01 pm | by The Associated Press | CommentsTHE FOURTH QUARTER: Activision Blizzard Inc. posted a loss, but adjusted results pushed past Wall Street's expectations on strong sales of "Call of Duty: Modern Warfare 2."WHAT'S NEXT: The video game publisher gave a cautious outlook for 2010, saying there's still uncertainty about the economy. It...
CME buys 90 percent of DJ index unit for $607M
February 10, 2010 2:01 pm | by STEVENSON JACOBS - AP Business Writer - Associated Press | CommentsDow Jones & Co. is selling a 90 percent stake in its stock market index unit to exchange operator CME Group Inc. for $607.5 million, the companies announced Wednesday.The joint venture will allow the Dow Jones industrial average to keep its famous name through a long-term licensing agreement,...
Adventurer aims to be first to travel from Canada to Hawaii using pedal power
February 10, 2010 1:01 pm | by Lauren La Rose-Associated Press | CommentsGreg Kolodziejzyk is preparing to embark on a 4,800-kilometre journey to paradise — but he won't be booking a plane ticket or boarding a cruiseliner to get there.The Alberta adventurer already holds world records for the most distance travelled by human power both on land and on water. But for his...
Activision has loss; buyback, dividend help stock
February 10, 2010 12:01 pm | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | CommentsActivision Blizzard Inc. widened its losses in the fourth quarter because of accounting changes and a hefty reduction of the value of its music games and other titles aimed at casual video game players.The company also said it remains cautious about the economy, and its 2010 forecast fell below...
Is Geek Cool?
February 10, 2010 11:53 am | by Screaming Circuits | CommentsWhen I was young, "Geek" was not cool. Neither was "Nerd". Working on cars was cool as was logging and shooting Bambi's uncles with high powered rifles, at least where I came from things were that way. On the other...
Sony buys Illinois-based medical technology firm
February 10, 2010 11:01 am | by The Associated Press | CommentsSony Corp. has purchased a medical technology company based on the University of Illinois' campus in Champaign.Sony didn't say in its news release how much it paid for iCyt Mission Technology Inc.iCyt makes equipment for flow cytometry, a technique used to count microscopic particles such as...
Oracle agrees to buy software maker Convergin
February 10, 2010 9:01 am | by The Associated Press | CommentsOracle Corp., the world's largest maker of proprietary database software, said Wednesday that it agreed to buy privately held Convergin, which makes real-time service brokering software.The purchase price was not disclosed.Oracle expects the deal to close in the first half of the year.Its...
Analysts: Concerns over Adobe's Flash overblown
February 10, 2010 9:01 am | by The Associated Press | CommentsTwo analysts raised their ratings Wednesday on Adobe Systems Inc., saying that concerns over its $1.5 billion debt issue and upcoming competition for its popular Flash software are overblown.Credit Suisse analyst Philip Winslow upgraded the stock to "Outperform" from "Neutral" but lowered his...
$100,000 Lemelson-MIT Award for Sustainability
February 10, 2010 8:56 am | by Curious Cat Science and Engineering Blog | CommentsAccording to the United Nations, more than 40 percent of Africans live in poverty, subsisting on less than US$1 a day. As co-founder and CEO of the nonprofit social enterprise KickStart, Fisher develops and markets moneymaking tools such as low-cost, human-powered irrigation pumps that...
