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N.B. offers $2 million in payroll rebates for 150 more IT jobs

August 24, 2010 6:05 am | by The Associated Press | Comments

The New Brunswick government is offering payroll rebates of up to $2 million to help create more information technology jobs in the province.CGI Group Inc. will open a centre to develop and maintain IT applications, creating an estimated 150 jobs in Moncton.The new positions are available to...

Chinas Tencent buys Google-backed social-networking co

August 24, 2010 6:05 am | Comments

China's largest Internet company Tencent Holdings Ltd has bought a Google-backed Chinese social networking company for more than $60 million, the China Business News reported on Tuesday.

LG Display says in talks with Compal for JV

August 24, 2010 5:58 am | Comments

South Korea's LG Display said on Tuesday it was in talks with Taiwanese laptop contract maker Compal Electronics to set up a joint venture.


Cables decline an incentive for Yahoo Hulu deal

August 24, 2010 5:52 am | Comments

Just as Yahoo weighs Wall Street advice to buy a significant stake in online video site Hulu, a research firm reported the first-ever subscriber decline for the U.S. TV multichannel industry.

Lucas sues to stop Jedi Mind wireless headset

August 24, 2010 5:46 am | Comments

"Star Wars" creator George Lucas has filed a $5 million trademark lawsuit against a company marketing a technology that allows users to control computer applications directly with their minds.

iPad the right fit for giant sumo wrestlers

August 24, 2010 5:41 am | Comments

Japan's ancient sport of sumo is embracing the latest high-tech, with its governing body set to distribute Apple's iPad to wrestlers who often struggle with smaller cellphone keypads due to their giant hands.

Toshiba developing no-glasses 3-D televisions

August 24, 2010 5:28 am | Comments

Japanese electronics maker Toshiba Corp. said Tuesday it is developing technology for a 3-D television that won't require special glasses.

Philly tax upsets bloggers

August 24, 2010 5:03 am | Comments

Bloggers in Philadelphia are upset over a city business fee that they say is an unfair tax on their Internet musings.


Sentencing postponed in Koss embezzlement case

August 24, 2010 4:06 am | by The Associated Press | Comments

The sentencing for a former Koss Corp. executive accused of embezzling about $34 million has been postponed a month to November.Sujata "Sue" Sachdeva agreed in July to plead guilty to all six felony frauds counts against her. She's also agreed to pay an estimated $34 million in restitution to...

Transax International Reports Second Quarter 2010 Results

August 24, 2010 4:05 am | by The Associated Press | Comments

Transax International Limited (Transax) (OTCQB: TNSX), a network solutions company for healthcare providers and health insurance companies, today reported financial results for the first half of 2010 and second quarter ended June 30, 2010.For the quarter ending June 30, 2010 Transax generated...


Prius gets sound option to protect pedestrians

August 24, 2010 3:20 am | by The Associated Press | Comments

Toyota's Prius hybrid is becoming a little less quiet with a new electronic humming device that is the automaker's answer to complaints that pedestrians can't hear the top-selling car approaching....

Dollar slides to new 15-year low vs yen

August 24, 2010 2:05 am | by The Associated Press | Comments

The U.S. dollar dropped to a fresh 15-year low against the yen on Tuesday, adding further pain to Japan's export-oriented economy.The dollar slid as low as 84.17 yen Tuesday afternoon on Tokyo, the lowest since 1995, before recovering slightly to 84.47 yen.Finance Minister Yoshihiko Noda held...

INOMAX DS Drug-Delivery System: Class I Recall - Risk of Interruption of Drug Flow

August 23, 2010 6:20 pm | by FDA MedWatch | Comments

Potential for failure of a pressure switch, which may have an impact on the administration of INOMAX for inhalation to patients.


Dell, HP buyouts build up enterprise businesses

August 23, 2010 5:06 pm | by The Associated Press | Comments

Hewlett-Packard Co. and Dell Inc., the world's No. 1 and No. 2 makers of personal computers, have been making acquisitions in recent years to strengthen their positions as purveyors of technology and consulting services to businesses of all sizes. A sampling of recent deals:HP— July 2009: Ibrix,...

Data duel: HP tries to outbid rival Dell for 3Par

August 23, 2010 5:05 pm | by JESSICA MINTZ - AP Technology Writers - Associated Press | Comments

The world's two biggest personal computer makers are locked in a pricey struggle over which can move away from the PC business the fastest.Hewlett-Packard Co. offered $1.5 billion on Monday for 3Par Inc., a company whose data-storage machines are designed for "cloud computing," or delivering...


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