Micron Technology will buy failed Japanese chipmaker Elpida Memory for about $750 million in cash, pushing Micron into second place behind market leader Samsung Electronics in the market for DRAM memory chips. Micron shares rose 5 percent in premarket trading after news of the deal, which will give it chip manufacturing assets at a heavily discounted price and boost its cashflow.
Dell Inc will buy Quest Software Inc for $2.4 billion in cash in an effort to expand its software business and decrease its dependence on the declining personal computer market. Dell said on Monday it will pay $28 per share, trumping a bid from private investment firm Insight Ventures, adding that it expects the deal to close in the third quarter.
The Secure Shell, or SSH, is a popular program that lets computer users log onto remote machines. Software developers use it for large collaborative projects, students use it to work from university servers, customers of commercial cloud-computing services use it access their accounts, and system administrators use it to manage computers on their networks.
Italy's competition regulator is threatening Apple Inc with further fines of up to 300,000 euros ($381,000) if it does not offer local customers a free two-year warranty as demanded by Italian law, a source close to the watchdog said on Sunday. The AGCM competition and market authority has already imposed fines of 900,000 euros on divisions of Apple, which offers a paid technical support service, for failing to tell customers about their rights to free assistance.
The University of Southampton has developed a new hearing screening test which could help the estimated 100 million people suffering from hearing loss in China. The tests aim to address the fact that hundreds of millions of people worldwide have hearing loss but only a fraction obtain hearing aids that would help them to overcome hearing difficulties.
June 29, 2012 (PRNewswire) The newly-formed Small Company Coalition is spreading information in hopes of raising awareness regarding equal broadband for everyone. The Coalition is made up of small independent telecom carriers that serve rural America, including tribal lands and the heartlands of America.
June 29, 2012 Stanford University scientists have breathed new life into the nickel-iron battery, a rechargeable technology developed by Thomas Edison more than a century ago. Designed in the early 1900s to power electric vehicles, the Edison battery largely went out of favor in the mid-1970s.
June 29, 2012 BGI, the world's largest genomics organization, announced today that a group of scientists and researchers successfully demonstrated genomic data transfer at a sustained rate of almost 10 gigabits per second (Gbps) over a new link connecting U.S. and China research and education networks.
June 29, 2012 (PRNewswire) Lisa Pamintuan, President of New York College of Health Professions, announced that the College's Chairman, Donald Spector, a well-known serial entrepreneur inventor, has filed a groundbreaking patent on wireless acupuncture patches under the Intellectual Properties Policy of the College.
June 29, 2012 Rob Gillies, AP Struggling BlackBerry maker Research In Motion Ltd. said Thursday it will delay the launch of new phones deemed critical to the company's survival and revealed its business is crumbling faster than thought. The Canadian company posted results for its latest quarter that were worse than analysts had expected.
June 28, 2012 A multi-national team with researchers hailing from the U.S., China, Pakistan and Israel has developed a system of transmitting data using twisted beams of light at ultra-high speeds – up to 2.56 terabits per second. To put that in perspective, broadband cable supports up to about 30 megabits per second.
June 28, 2012 Researchers at Rice University have developed a lithium-ion battery that can be painted on virtually any surface. The rechargeable battery created in the lab of Rice materials scientist Pulickel Ajayan consists of spray-painted layers, each representing the components in a traditional battery.
June 28, 2012 Michael Liedtke and Peter Svensson, AP Google unveiled its attempt to catch up to Apple and Amazon in the growing market for tablet computers. It also provided a titillating glimpse at its vision of a digital future through the mind-boggling lens of internet-connected glasses.
June 28, 2012 Yuri Kageyama, AP The record 9,000 shareholders that packed Sony's annual meeting was no cause for celebration. After four years of losses and a halving of the share price, some angry investors doubt even a new CEO can pull the entertainment and electronics giant out of its slump.
June 28, 2012 Rob Gillies, AP Research In Motion will provide an update on upcoming layoffs and may possibly reveal more details about the new BlackBerry 10 when it releases quarterly financial results after the market closes Thursday. RIM is facing the most difficult period in its history.