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Seattle team wins $900,000 in NASA-backed 'space elevator' competition in Mojave Desert
A Seattle team has collected a $900,000 (C600,000) prize in a NASA-backed competition to develop the concept of an elevator to space - an idea spurred by science fiction novels.
Telus Q3 profit and revenue slip; revised 2009 guidance reflects weak economy, higher capital spending
Telus Corp. revenue and profit will come in lower-than-expected this year due to impacts from a weak economy and the telecom giant's increased spending on the early launch of a new advanced wireless network, the company (TSX:T) says.
Scientists expand program to 'bar-code' DNA of world's plants, animals
It sounds like a futuristic fantasy, but scientists are quietly creating a global databank of DNA bar codes for the world's flora and fauna that could be used to identify illicit goods at borders and track the spread of disease.
EBay settles suit with Skype founders that threatened to hamper sale to investor group
EBay Inc. (NASDAQ:EBAY) has settled a legal skirmish with the founders of Skype that threatened to complicate eBay's plans to sell most of the Internet phone service to a group of investors that includes the Canada Pension Plan Investment Board for US$2 billion.
Curtiss-Wright Controls expands Ottawa plant
Wright Controls Embedded Computing, a U.S.-based designer and manufacturer of rugged computer electronics for the aerospace and defence markets, says it has begun a significant expansion of its Ottawa plant.
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Horizon North Logistics reports Q3 loss as revenue falls compared with year ago
Horizon North Logistics Inc. (TSX:HNL) said Thursday that it lost $105,000 in its latest quarter as revenue dropped compared with a year ago.
'Call of Duty' video game publisher Activision had Q3 profit, reaffirms 2009 guidance
It's been a rough year for the video game industry, but Activision Blizzard Inc. reported a profit for its third quarter because of a lower costs and a good response for games such as "Guitar Hero 5" and "World of Warcraft."
Northstar Aerospace reports US$411K Q3 loss, revenue up 20 per cent
Northstar Aerospace Inc. (TSX:NAS) reported a loss in its latest quarter as revenue grew 20 per cent compared with a year ago.
Quebecor chief executive says not enough competition in cellphone industry
CEO Pierre Karl Peladeau took another swipe at what he called the lack of competition in the cellphone industry as Quebecor Inc. (TSX:QBR.B) announced a 52 per cent jump in third-quarter profit on Thursday.
Manitoba Telecom's third-quarter profit slips to $27.9 million, revenue down
speed Internet, wireless and TV are set to become key drivers of Manitoba Telecom Services Inc. (TSX:MBT) as consumers shift away from traditional telecom services, CEO Pierre Blouin said Thursday.
French scientists appear to halt rare brain disease in 2 boys with new gene therapy approach
French scientists mixed gene therapy and bone marrow transplants in two boys to seemingly halt the fatal brain disease best known from the movie "Lorenzo's Oil."
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Bridgewater Systems Q3 profits more than triple to $1.7M as revenue rises
Bridgewater Systems Corp. (TSX:BWC) revised its annual profit and revenue 2009 guidance upward on Thursday as the wireless technology provider reported its third-quarter net income more than tripled while revenues rose 53 per cent.
Time Warner Cable 3Q profit sinks 11 per cent on higher interest expenses
Time Warner Cable Inc., America's second biggest cable TV operator, said Thursday its profit fell 11 per cent in the third quarter, weighed down by heftier interest expenses after piling on debt to separate from its parent, Time Warner Inc.
DirecTV Q3 profit flat as higher costs offset 10 per cent revenue increase
DirecTV Group Inc., America's largest satellite TV operator, said Thursday that its revenue grew 10 per cent in the third quarter as it added more new customers, but its results suffered from higher marketing costs used to attract them.
Archaeologist: Beads, metal tools suggest 16th-century explorer de Soto passed through Georgia
An archaeologist says excavations in southern Georgia have turned up beads, metal tools and other artifacts that may pinpoint part of the elusive trail of the 16th-century Spanish explorer Hernando de Soto.
Consumers looking for a new cellphone need to learn a new acronym: HSPA
Consumers looking to upgrade their cellphone have a new acronym to learn: HSPA.
Britain uses genetic tests for asylum-seekers, drawing heat from scientists, rights groups
Britain is using genetic tests on some African asylum seekers in an effort to catch those who are lying about their nationality, drawing criticism from scientists and provoking outrage from rights groups.
Regulator fines Swisscom $216 million for overcharging broadband customers
Switzerland's competition commission said Thursday it has fined Swisscom AG almost 220 million Swiss francs ($216 million) for overcharging its wholesale broadband customers.
Cisco forecasts first revenue growth in a year, but cautions that the recovery is fragile
Cisco Systems Inc. doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. and other economies are roaring back.
Panasonic Corp. begins tender offer for Sanyo Electric Co. takeover
Panasonic Corp. said Thursday it has begun a tender offer to take over smaller rival Sanyo Electric Co. for an estimated 402 billion yen (US$4.4 billion), moving closer to create one of the world's biggest electronics makers.
Laser-powered robot climbs into desert sky in space elevator competion
EDWARDS AIR FORCE BASE, Calif. - A robot powered by a ground-based laser beam climbed a long cable dangling from a helicopter on Wednesday to qualify for prize money in a $2 million competition to test the potential reality of the science fiction concept of space elevators.
RuggedCom reports Q2 profit of US$1 million, down from US$3.2 million a year ago
RuggedCom Inc. (TSX:RCM) reported Wednesday a profit of US$1 million in its latest quarter, hurt by strength in the Canadian dollar and increased operating expenses.
Qualcomm Q4 profit slips nine per cent, full-year earnings plunge 50 per cent
Qualcomm Inc. says its fourth-quarter profit slipped nine per cent as revenue from the mobile phone technology it licenses and mobile-phone chips it makes declined.
NY files antitrust suit against Intel, claims company paid billions in kickbacks
The legal challenges to Intel Corp.'s sales tactics mounted Wednesday as New York's attorney general accused the world's biggest computer chip maker of using "illegal threats and collusion" to dominate.
University of Alberta physicist solves mystery of supernova 11,000 years ago
It took a decade, but two scientists have solved the mystery behind a chunk of radioactive rock the size of a small city that has been floating in space.
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