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(Reuters) – BlackBerry Ltd reported a much smaller-than-expected quarterly loss on Friday, sending its shares up nearly 7 percent, even as its smartphone sales continued to slide. The company said its net loss was $423 million, or 80 cents a share, for the fourth quarter ended March 1. That compared with a year-earlier profit of $98 million, or 19 cents a share. Revenue fell to $976 million from $2.68 billion. Analysts on average had been […]
It was all talk in Singapore. But with the US withdrawing from ICANN, the body that governs the Internet, in 2015, doubt is rife. The world’s digital community may not get a new “world stewardship” model in time. It was hardly a surprise. People had been calling for it for ages. But when the US Department of Commerce finally announced it was planning to relinquish control of a vital part of ICANN – and with it, the […]
Researchers have rebuilt a yeast chromosome, deleting superfluous genetic material not needed for survival. Such designer organisms could be the future of biotechnology. Are designer humans next? Twelve years ago, researchers created the first ever synthetic virus. About five years later, they rebuilt the complete genome of a bacterium. Now synthetic biologists have gone a step further. Jef Boeke and his team at the New York University Langone Medical Center have synthesized one of the […]
(Reuters) – Facebook Inc is harnessing satellite, drone and other technology as part of an ambitious and costly effort to beam Internet connectivity to people in underdeveloped parts of the world. The world’s No. 1 social network said on Thursday it has hired aerospace and communications experts from NASA’s Jet Propulsion Lab and its Ames Research Center for the new “Connectivity Lab” project. “Today, we’re sharing some details of the work Facebook’s Connectivity Lab is […]
(Reuters) – The Walt Disney Co has agreed to buy Maker Studios, one of YouTube’s largest networks, for $500 million, a deal that makes Disney a major online video distributor and should help draw more teens into the Disney entertainment empire. The price tag could rise to $950 million if Maker hits certain performance milestones, Disney said, confirming what a source told Reuters earlier on Monday. Maker, founded in 2009, is one of the largest […]
By Laila Kearney (Reuters) – Fierce solar blasts that could have badly damaged electrical grids and disabled satellites in space narrowly missed Earth in 2012, U.S. researchers said on Wednesday. The bursts would have wreaked havoc on the Earth’s magnetic field, matching the severity of the 1859 Carrington event, the largest solar magnetic storm ever reported on the planet. That blast knocked out the telegraph system across the United States, according to University of California, […]
(Reuters) – Apple Inc said it would offer an iPad 4 tablet in place of the mid-range iPad 2 at the same price and the company launched a cheaper, lower capacity version of its plastic-backed iPhone 5C in Australia, China and some European countries. The iPad 4 is available at $399 for the 16GB Wi-Fi model and $529 for the 16GB Wi-Fi + cellular model at the four major U.S. carriers – AT&T Inc, Sprint […]
They call it the Uninterrupted Direct Current and it could be the solution to India’s crippling, rolling power cuts. The UDC guarantees continuous power from the grid even during outages. A new collaboration between the Indian government and the Indian Institute of Technology in Chennai promises to be a “game changer” in power starved India. It could spell the end for the country’s chronic power outages. In the southern state of Tamil Nadu, for instance, […]
In Florida, “bone mechanic” Rheese Moore mad a motorcycle out of bones of cows, raccoons, alligators and pigs worth 55 thousand dollars.
German scientists have discovered the protein that regulates autoimmune diseases. And they have a very special kind of mouse to thank for the discovery that could affect how such diseases are treated. Rheumatoid arthritis is an autoimmune disease that mostly affects joints like the ones in the hands and feet. A patient’s immune system destroys the connective tissue. Joint capsules become inflamed as a result, leading to swelling and reduced movement in the affected parts […]
(Reuters) – Shares in Nikon Corp shed 4.2 percent to a five-week low of 1,686 yen on Monday morning after it was criticized by a Chinese consumer show that said the camera maker had sold defective products in China and denied local consumers fair treatment in after-sales service. Nikon, which had sales of 118 billion yen ($1.16 billion) in China in 2013, said on Sunday that it was taking the report “very seriously” and had […]
(Reuters) – Chinese authorities have launched another crackdown on Tencent Holdings Ltd’s popular social messaging app WeChat, closing dozens of popular accounts, media reported on Friday, as China tightens its control of the Internet. China Business News and Hong Kong’s South China Morning Post said some of the accounts closed were run by widely-read columnists like investigative journalist Luo Changping, some of which have hundreds of thousands of subscribers. The accounts were closed on Thursday, […]
