more images more images Samsung says 1Q net profit surges, sales rise SEOUL, South Korea — Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips. The company said it earned 3.99 trillion won ($3.59 billion) in the three months ended March 31. [...]
more images more images Yahoo CEO starts reign with $47.2M comp package SAN FRANCISCO — Yahoo Inc. CEO Carol Bartz received a $47.2 million compensation package during her first year on the job as the Internet company tried to motivate her to engineer a turnaround. The 2009 package spelled out in a Thursday regulatory filing [...]
Harvard law dean condemns student e-mail on blacks CAMBRIDGE, Mass. — Harvard Law School’s dean has denounced a private e-mail from a student editor of the Harvard Law Review suggesting blacks could be genetically inferior to whites. Dean Martha Minow said Thursday in a letter to students, faculty and staff that the sending of the [...]
more images more images McAfee rev rises, but net falls on charges SAN FRANCISCO — McAfee Inc.’s revenue in the first quarter jumped but net income fell 30 percent from last year as the company absorbed bigger charges for restructuring and accounting for employee stock compensation and income taxes. The computer-security software maker said its [...]
Vt. ponders more monitoring of worker web surfing MONTPELIER, Vt. — A move by state agencies to crack down on inappropriate Web surfing by state employees has erupted in the Statehouse as a debate over workplace privacy rights. The issue is coming to a head in the nation’s smallest state capital just a week after [...]
CommScope posts wider 1Q loss, but solid outlook HICKORY, N.C. — Network infrastructure company CommScope Inc. posted a wider first-quarter loss on Thursday, hurt by restructuring charges and other costs, as well as lower revenue. But results still topped analysts’ estimates and the company forecast second-quarter revenue above expectations. The company posted a loss of [...]
Vt. eyes restricting monitoring of Internet use MONTPELIER, Vt. — Vermont lawmakers are debating restrictions on how far the executive branch can go in monitoring the Internet usage of state employees. Sen. Vincent Illuzzi, who also works as a state’s attorney in Essex County, says it’s an insult to state employees to assume they aren’t [...]
Bally Technologies posts lower 3Q profit LAS VEGAS — Bally Technologies Inc., a gaming equipment maker, said Thursday its fiscal third-quarter profit declined, hurt by lower revenue and higher expenses. For the three months ended March 31, the company earned $22.6 million, or 39 cents per share, down 23 percent from $29.3 million, or 52 [...]
more images more images more images more images Rosetta Stone loses court case against Google ARLINGTON, Va. — Foreign language education company Rosetta Stone Inc. said Thursday it lost a court case in which it sued Google Inc. for allowing rivals to advertise copycat software when Rosetta trademarks are used in search terms. The company [...]
more images more images Palm, BP, Time Warner Cable are active movers NEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE: Motorola Inc., up 24 cents to $7.16 The second-largest U.S. cellphone maker reported a surprise quarterly profit and brighter-than-expected outlook. Eastman [...]
ND study: New oil formation rivals Bakken BISMARCK, N.D. — An oil reservoir in western North Dakota holds nearly as much recoverable crude as the rich Bakken shale formation above it, a new state study shows. The study released Thursday by North Dakota’s Industrial Commission said current technology could lead to the recovery of about [...]
more images more images Baidu shares power higher after ‘blowout’ 1Q LOS ANGELES — Shares of Baidu Inc., China’s most popular Internet search engine, surged Thursday after issuing better-than-expected first-quarter results and an upbeat outlook. The company said growth was sparked by its new Phoenix Nest online ad system as well as better spending from [...]
( University of California – Irvine ) Two UC Irvine scientists will receive grants totaling more than $2.6 million to study the underlying biology of stem cells aimed at treating spinal cord injury, cancer and other disorders.
The ethical debate over the use of embryonic stem cells prompted researchers to look for alternatives that might be equally useful. A new paper published in Nature takes a closer look at a less controversial, and less reliable, kind of stem cell called induced pluripotent stem cells (iPSCs). Its authors outline a way to identify [...]
New evidence in embryonic stem cells shows that mammalian genes may all have a layer of control that acts essentially like the pause button on your DVR. The researchers say the results show that the pausing phenomenon, previously thought to be a peculiarity of particular genes, is actually a much more general feature of the [...]
An examination of the world-wide use of hematopoietic stem cell transplantation (HSCT), which involves transplantation of blood stem cells derived from the bone marrow or blood, finds that there are significant differences in transplant rates between countries and continental regions by indication and donor type, and that HSCT is most frequently used in countries with [...]
California stem cell directors today approved more than $22 million in basic biology grants, overturning negative decisions by reviewers on two applications. The directors ratified all 14 grants supported by reviewers, plus applications from researchers at UC Davis and the Sanford-Burnham Institute in La Jolla. The total was well under the $30 million that CIRM [...]
California will give a Duke University cancer stem cell research nearly $6 million if he comes to work in the Golden State at the Sanford-Burnham Institute in La Jolla. Directors of California’s $3 billion stem cell agency, as expected, today approved the research grant for Robert Wechsler-Reya. The grant is the first installment in a $44 [...]
Directors of the California stem cell agency have begun their meeting today. They are currently discussing applications for basic biology grants. Reviewers recommended funding 14 for a total of $19.6 million. Last night directors discussed scores on grants that were not recommended for funding, raising the possibility that some might be funded.
Alan Trounson, president of the California stem cell agency, last night outlined his priorities, provided more details on a key strategic review of its program and sketched out upcoming CIRM events. Directors were also told that the agency received an additional $112 million as the result of recent California state bond sales. That should ensure [...]