Scientists at Xerox Corporation have invented a novel way to make prints that last only a day. This allows the paper to be used again and again. The technology, still in its infancy, blurs the line between paper documents and digital displays and could lead to a significant reduction in paper consumption.
A result of collaboration [...]
April 30th, 2008 | rp | Comments | Continued
The Federal Open Market Committee cut a key economic rate by a quarter of a basis point. The Federal funds rate now stands at 2%.
In the United States, the federal funds rate is the interest rate at which private depository institutions (mostly banks) lend balances (federal funds) at the Federal Reserve to other depository institutions, [...]
Geezeo, a free web based personal financial applications company, announced that TheStreet.com (TSCM ) had made a strategic investment in the company.
TheStreet.com’s investment in Geezeo includes an initial investment of $1.2 million for an approximate 13% interest in Geezeo and the [...]
Data released by S&P for February saw a significant decline in home prices for 17 out of the 20 MSA’s ( Metro politan Statistical Areas ) which are in it’s S&P/Case-Shiller Home Price Index, a leading indicator of the U.S. housing market. Both the 10 city and 20 city index have shown declines in [...]
April 29th, 2008 | rp | Comments | ContinuedThe first rebates from the Bush administration’s economic stimulus package, went out Monday, earlier than previously planned. The rebates will be direct deposited to individual bank accounts. Touted by the Bush administration as a much needed elixir to a “slowing” economy, which many economists think is already in recession, the stimulus package is [...]
April 29th, 2008 | rp | Comments | Continued
Intel and Cray signed a multi year agreement to use Intel Xeon processors in Cray supercomputers for the HPC market. The two companies agreed to collaborate on developing innovative multi-core and advanced interconnect technologies for future designs.
Cray servers have been designed around processors from AMD, arch rival to Intel. AMD has been struggling to keep [...]
Rackspace Inc. (Rackspace® Hosting) , a leading provider of business IT hosting services filed a registration statement on form S-1 with the Securities and exchange commission related to it’s proposed initial public offering of common stock.
Rackspace had revenues of $362 million in 2007 with over 29,000 business customers and has been growing its revenue at [...]
NASA’s goddard space flight center plans on creating a massively multipurpose Online game as part of the NASA Learning Technologies initiative. NASA has opened up a request for proposal from prospective partners on creating the MMO game. The goal of the project is to create a game that would make Science, Technology, Engineering [...]
April 26th, 2008 | rp | Comments | Continued
Canonical announced the availability of Ubuntu 8.04 LTS for Server and Desktop. LTS releases from Canonical are for Long Term Support and Canonical is commited to supporting these releases for at least 18 months. Both the server and desktop editions are available for free downloads with customers having the option to buy support for [...]
April 24th, 2008 | rp | Comments | Continued
Apple computers announced it’s earnings for Q2 FY08. The Company posted revenue of $7.51 billion and net quarterly profit of $1.05 billion, or $1.16 per diluted share. These results compare to revenue of $5.26 billion and net quarterly profit of $770 million, or $.87 per diluted share, in the year-ago quarter.
Among it’s top 3 businesses
Apple [...]
April 23rd, 2008 | rp | Comments | Continued Yahoo just announced their Q108 financial results. Revenue for the quarter was $1.82 billion compared to $1.67 billion for Q107 - and increase↑ of 9%. Excluding the traffic acquisition costs, revenue for the quarter was $1.35 billion compared to $1.2 - an increase↑ of 14%
GAAP income for the quarter was $542 million. Excluding [...]
Intel just announced the availability of Mash Maker beta for creating your favorite web mashups. The product currently supports both Firefox and Internet Explorer. Apple MAC users can run this on firefox 1.x or higher. Users can customize their browser to create mashups of their favorite websites for a simpler and easier browsing experience.
Popular [...]
It’s 38 years since the First Earth Day was organized. It’s time for us all to make a sincere pledge in our own way to make a difference this earth day, the 22nd of April 2008.
Here are some of the things you can do to make a big difference for planet Earth
Bicycle and/or walk to [...]
April 21st, 2008 | rp | Comments | ContinuedI recently got a letter from my ex-employer stating that the company offices had been broken into. Some laptops were stolen and ex-employee accounts may have been compromised. Being a first time experience with something like this, I was naturally worried about someone using my private information for credit fraud purposes and so i started [...]
April 20th, 2008 | rp | Comments | ContinuedDiscovery news reports that the Arctic ice is melting at record speed - faster than ever before. Post 2006, In 2007 a rapid decline in the ice sheet has been observed creating worry among environmentalist. With the current rate at which the ice is melting, climactic models suggest that the earth is getting warmer and [...]
April 19th, 2008 | rp | Comments | ContinuedAn interesting analysis has been posted over at Hightower Lowdown about the state of the US economy under the current administration. Check out what authors Jim Hightower and Philip Frazer have to say.
On a related note, also check out the National Priorities Project counter for the cost of the Iraq War
click here to learn more
April 19th, 2008 | rp | Comments | ContinuedThe Silicon Valley Venture Capitalist Confidence Index fell for the second straight quarter to its lowest levels since the index was started in Q1 2004. The index declined from 3.54 to 3.22 on a 5 point scale. The index is based on a survey of silicon valley venture capitalists conducted by a University of [...]
April 17th, 2008 | rp | Comments | ContinuedNvidia recently launched their “Optimized PC” campaign and took a swipe at Intel, the microprocessor industry leader. Claiming that over half the PC’s shipped today have an underpowered GPU, nVIDIA suggests customers should use a functional CPU and are better of by leaving their complicated computations to a GPU for a variety of OS, games [...]
April 17th, 2008 | rp | Comments | Continued
Mobile: iPhone, Blackberry and more Venture News
