Is Broadband Bad For Energy?
Increased broadband access worldwide has meant a rise in demand for online media services and this could have implications for a society that is living within environmental limits. The researchers found the current energy demand for bandwidth to be four watt-hours per MB.
Universal opens virtual stage
LOS ANGELES - Reflecting the increased interest in virtual production following the success of Avatar and Alice in Wonderland, Universal Studios has opened Universal Virtual Stage 1 on its lot.
Limewire says to close December 31 after legal battle
LimeWire, the music file-sharing service embroiled in a lengthy legal challenge from the music industry, said on Friday it would be shutting down by the end of the year and closing its sole office in New York.
MS-13 gang leader sentenced to 35 years in prison for murdering fellow member
A leader of a violent international street gang, the Mara Salvatrucha (MS-13), has been sentenced to 35 years in federal prison for murdering a fellow gang member in 2004.
Negotiators shape possible tax-cut deal
A framework for a possible deal between the White House and congressional leaders to extend expiring tax cuts for millions of Americans is slowly being put together behind closed doors, aides said on Friday.
Ireland sees tax income rising next year before budget test
Ireland's tax take will rise by five percent next year, the country's finance department predicted on Saturday, just days before it will test a fragile economic recovery with the harshest budget on record.
Data show more traders turn bearish on U.S. bonds
More speculative traders are bearish on U.S. 10-year Treasury futures than bullish for the first time since August, data released on Friday showed.
Conn. man convicted for making and selling firearms and grenades to 'white supremacist group'
A federal jury has found a 33-year-old Connecticut man guilty of conspiracy and firearms offenses stemming from an alleged attempt to sell firearms and grenades to what he believed was a white supremacist group.
GE, Eaton, Warburg remain bidders for BAE unit: sources
General Electric Co , Eaton Corp and private equity firm Warburg Pincus remain in the race for BAE Systems Plc's Platform Solutions unit as the auction reaches the final stage, two people familiar with the matter said on Friday.
Report: Cyber Security Spending, Importance Will Increase
A report from market research firm Input says spending on cyber security will increase to $13.3 billion by 2015.
Massey's chairman/CEO says he will retire
Don Blankenship, head of Massey Energy and one of the most powerful U.S. coal industry leaders, said on Friday he would retire at the end of December, eight months after 29 miners died at one of Massey's mines.
Court halts Wal-Mart ex-exec from joining CVS
CVS Caremark Corp named a recent Wal-Mart Stores Inc executive as the president of its retail pharmacy business, but a judge temporarily blocked him from taking the job due to a noncompete agreement with Wal-Mart.
Cleary to launch Hong Kong practice, hires Norton Rose's Freeman Chan
International law firm Cleary Gottlieb Steen & Hamilton plans to launch Hong Kong practice and wants Norton Rose's China corporate finance head Freeman Chan to lead the new team.
Wall Street ends best week in a month; more gains seen
Stocks closed their best week in a month on Friday, shrugging off tepid jobs growth in a sign that the rally may have further to run.
Rates seen rising as supply arrives
Auctions of $123 billion in U.S. securities will draw traders' focus in the U.S. government securities market next week and could push U.S. Treasury yields higher.
South Korea, U.S. agree on deal to save trade pact
The United States and South Korea have a reached a deal on auto issues that have blocked congressional approval of a free-trade agreement for three years, sources familiar with the talks said on Friday.
Citigroup hires former commerce secretary
Citigroup Inc said Carlos Gutierrez, former Commerce Secretary under President George W. Bush, will join the bank as vice chairman for its institutional clients group, the bank said on Friday.
GM Mosquitoes Could Help Control Dengue
A U.K. biotechnology company called Oxitec has tested genetically engineering mosquitoes to pass on a suicide gene that kills them before they mature, to control the spread of dengue, a sometimes fatal disease.
Toronto teams not on sales block, Teachers' says
The Ontario Teachers' Pension Plan said Friday it was not in talks, nor was it anxious to sell, its majority stake in Maple Leaf Sports and Entertainment, the owner of the Toronto Maple Leafs hockey team and the Toronto Raptors basketball team.
Russian man tells U.S. court not guilty in global spam scheme
A 23-year-old Russian man pleaded not guilty on Friday to charges he operated a spam e-mail business that may have accounted for a third of global spam, and he was ordered held without bail.
Top papers to charge online, but how?
Three of the world's most influential newspapers have finally come to terms with the notion that charging readers online is the only way to survive.
Google buys huge NYC building for about $1.8 billion
Google Inc has signed a deal to buy a huge Manhattan building, where it is a tenant, for $1.8 billion in one of the largest sales of a single building this year, according to a person close to the transaction.
Ontario Teachers' says not in talks to sell MLSE
The Ontario Teachers' Pension Plan said on Friday it was not in talks, nor was it anxious to sell, its majority stake in Maple Leaf Sports and Entertainment, the owner of the Toronto Maple Leafs pro hockey team and the Toronto Raptors pro basketball team.
U.S.-South Korea negotiators reach trade deal
U.S. and South Korean negotiators reported progress on their pursuit of a free trade deal on Friday, including an agreement regarding autos.
Fed's Bernanke did not rule out more bond buys: CBS
Federal Reserve Chairman Ben Bernanke did not rule out further purchases of Treasury bonds beyond the $600 billion program announced last month, CBS television reported Bernanke as saying in an interview on the show 60 Minutes.
CVS hires Wal-Mart ex-retail exec, Wal-Mart sues
CVS Caremark Corp named a recent Wal-Mart Stores Inc executive as the new president of its retail pharmacy business, prompting Wal-Mart to sue over an alleged breach of a noncompete agreement.
Clearwire Prices $1.325B In Debt
Clearwire Communications has priced $1.325 billion in debt, with a possibility of raising an additional $760 million.
Jobs data lift short-dated debt, hurt long bond
A downbeat jobs report boosted shorter-dated U.S. government debt prices on Friday, paring back traders' expectations of faster U.S. economic growth in reaction to a recent string of upbeat data.
Broadband's Kinnucan gets subpoena in probe
John Kinnucan, the owner of an independent research firm that has been implicated in a major insider trading investigation, said he received a subpoena on Friday morning to provide federal prosecutors with documents dating back to January 2008.
Amgen can afford Actelion but deal unlikely: analyst
Amgen Inc could pay more than $10 billion for Swiss biotech firm Actelion Ltd without hurting its 2011 earnings, but the deal is unlikely to happen given the lack of business overlap that would allow for cost savings, according to an analyst.
