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TPG Willing to Invest $1 Billion in Olympus

Private equity firm TPG Capital is willing to invest about $1 billion in Japan's Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG's thinking said.
Jan 13, 2012

Day in the Life of a Fund Manager in Vegas

Hampton Adams has been one of CES' most loyal devotees for 15 years. But unlike a good chunk of the 140,000-plus who descend on the world's largest technology showcase every January, the portfolio manager is less keen on fiddling with cutting-edge technology than picking winners.
Jan 12, 2012

Doomsday Clock a Minute Closer to Midnight

The symbolic Doomsday Clock calculated by a group of scientists was moved a minute closer to midnight on Tuesday, with the group citing inadequate progress on nuclear weapons reduction and climate change.
Jan 11, 2012

Dell Plots Late-2012 Consumer Tablet Launch

Dell Inc intends to launch its first consumer tablet computer in late 2012, marking its entry into a hotly contested and increasingly crowded arena that has already claimed arch-foe Hewlett Packard.
Jan 11, 2012

Apple's Siri Puts Voice-Enabled Search in Spotlight

Apple Inc (AAPL.O) will again dominate conversations at CES, the world's biggest technology showcase. Only this time, the talk is extending beyond iPad and iPhone chatter to include Siri, the voice app that is capturing consumers' imagination.
Jan 10, 2012

Facebook's Newest Frontier: Inside the Car

At restaurants, at movies and at the office, checking Facebook has become a regular habit for many of the Internet social network's more than 800 million users.
Jan 10, 2012

Hawking Turns 70 with 'A Brief History of Mine'

The world's best known living scientist, Stephen Hawking, was too ill to attend his 70th birthday celebrations Sunday but in a recorded speech urged people to "look up at the stars" and be curious about the universe.
Jan 09, 2012

Olympus Sues Current President, Ex-Directors

Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.
Jan 09, 2012

World's Biggest Tech Show Searching for 'Wow'

The world's biggest technology trade show will feature razor-thin laptops, powerful new smartphones and fancy flat-screen TVs, but talk in the cavernous halls of the Consumer Electronics Show, which kicks off on Monday night, may focus on whether the show itself has a long-term future.
Jan 07, 2012

Woodford to Sue Olympus, Drops Leadership Bid

The ousted British CEO of disgraced Olympus Corp, who blew the whistle on a $1.7 billion accounting fraud, dropped his bid to return to lead the medical device maker, blaming cozy ties between its management and big Japanese shareholders and saying the saga had taken its toll on his family.
Jan 07, 2012

Avoiding Fracking Earthquakes: Expensive Venture

With mounting evidence linking hundreds of small earthquakes from Oklahoma to Ohio to the energy industry's growing use of fracking technology, scientists say there is one way to minimize risks of even minor temblors.
Jan 04, 2012

S. Korea Approves Samsung's Flash Chip Plant in China

South Korea said on Wednesday it had approved a plan by Samsung Electronics Co to build a flash memory chip plant in China seen costing some $4 billion, as a boom in smartphones and tablet computers fuels the chip industry's growth.
Jan 04, 2012

Hackers Steal Israeli Cedit Card Numbers

Computer hackers published details of thousands of active Israeli credit cards after breaking into Israeli websites, the chief executive of Israel's largest card company said Tuesday.
Jan 03, 2012

Hackers Target Emails of UK's Gordon Brown: Report

British police have found evidence that private investigators working for newspapers hacked into the email account of former Prime Minister Gordon Brown while he was finance minister, The Independent newspaper reported on Monday.
Jan 02, 2012

This Year Was UK's Second-Warmest ever

The year 2011 was Britain's second-warmest ever, the Met Office said on Friday, although temperatures in December have in fact been close to average.
Dec 31, 2011

WHO 'Deeply Concerned' by Mutated Birdflu Research

The World Health Organization issued a stern warning on Friday to scientists who have engineered a highly pathogenic form of the deadly H5N1 bird flu virus, saying their work carries significant risks and must be tightly controlled.
Dec 30, 2011

Russian Officials Rattled by Breach at Rocket Plant

Russia's deputy prime minister vowed Thursday to punish "sleepy" security officials after bloggers posted dozens of photos of an apparently unguarded strategic military rocket motor factory near Moscow.
Dec 29, 2011

Record Number of Ivory Seizures in 2011: WWF

A record number of large scale ivory seizures will be recorded globally in 2011, pointing to a surge in elephant poaching in Africa to meet Asian demand for tusks for use in jewelry and ornaments, a monitoring group said Thursday.
Dec 29, 2011

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