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Kodak Sells Online Business to Shutterfly, Patent Sale Pending

Eastman Kodak Co has agreed to sell its online photo services business to Shutterfly Inc for $23.8 million, kicking off the bankrupt photography pioneer's relaunch as a much slimmer company although a patent sale seen crucial to its turnaround may still be months away.

Oceans' Acidic Shift May Be Fastest in 300 Million Years

The world's oceans are turning acidic at what could be the fastest pace of any time in the past 300 million years, even more rapidly than during a monster emission of planet-warming carbon 56 million years ago, scientists said on Thursday.

CERN to Tap New Europe Cloud Computing Project

Three key research centers and a consortium of Internet companies said on Thursday they would work together on a European cloud computing platform to handle the continent's rapidly growing demand for computer capacity.

DNA Data Helps to Flesh out 'Otzi' the Alpine Iceman

The first complete genome-sequencing of "Otzi," Italy's prehistoric iceman, is revealing a wealth of details about the man who roamed the Alps 5,300 years ago and could unleash a frenzy of activity among scientists thanks to open data.

Monster Soars as CEO Mulls 'Strategic Alternatives'

Monster Worldwide Inc Chief Executive Sal Iannuzzi told investors on Thursday that the operator of the job-search website was considering all strategic alternatives, sending the company's shares up more than 17 percent.

Zynga Seeks Own Game Space away from Facebook

Zynga Inc is launching a new games service that allows users to play on the company's website instead of Facebook, potentially driving traffic away from the world's No. 1 social network that is its biggest partner.

Facebook Seeking Bigger Credit Line

Facebook Inc plans to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest shortly after it goes public, according to two sources familiar with the company's plans.

The Battle's on for Control of the Video Dial Tone

Cisco Systems Inc's attempt to convince a European court to impose tougher conditions on Microsoft Corp's acquisition of Skype signals that technology companies are gearing up to battle for control of what some say is the next big thing: videoconferencing.

China Higher Court Hears Apple's iPad Appeal

Lawyers for Apple Inc. argued for its right to use the iPad trademark in China on Wednesday, as a higher court began a crucial hearing that could result in sales of the wildly popular tablet computer being halted throughout the Chinese mainland.

Virgin Galactic Aims to Test Fly Ship in Space This Year

Virgin Galactic, an offshoot of Richard Branson's Virgin Group, expects to test fly its first spacecraft beyond the Earth's atmosphere this year, with commercial suborbital passenger service to follow in 2013 or 2014, company officials said on Monday.

Rocket Lifts off with 3G Military Communications

An unmanned Atlas 5 rocket blasted off from Cape Canaveral Air Force Station on Friday carrying the first satellite in a new military network designed to give cellphone-like 3G communications to troops on the move.

Facebook Offers Olive Branch to Mobile Carriers

Facebook said it could team up with mobile operators on payments, in an offer that would give them back part of the revenue and influence they have lost in recent years to Apple (AAPL.O) and Google (GOOG.O).

Interview: China's Xiaomi Hopes for Revolution in

Chinese handset maker Xiaomi Technology is looking to raise more funds within the next year or two to boost production and sees revenue in the future coming from software applications rather than handset sales, the firm's president told Reuters on Monday.

Olympus Risks Foreign Backlash with New Board Line-up

Japan's Olympus Corp proposed a new board of directors on Monday in an effort to recover from a $1.7 billion accounting fraud, but the line-up could face a hostile reception from foreign investors when it goes to a shareholder vote.

Spanish Treasure Lands after 200 Years

Coins worth nearly half a billion dollars finally arrived in Spain on Saturday after lying in a sunken warship for more than 200 years and following a five-year legal battle between the Spanish government and a salvage company.

Funds' Love of Apple Pays, but Many Managers Lag

Hedge funds' love affair with technology industry darling Apple Inc has rewarded some managers so far this year but half the industry, having been less savvy with its bets, is limping behind with subpar returns, new research from Goldman Sachs shows.

Renowned Climate Scientist Comes under Fire

The prestigious California-based Pacific Institute climate research group has launched an investigation of its president and founder, Peter Gleick, after he admitted fraudulently obtaining documents from global warming skeptics challenging his work.

Neutrinos May still Have Broken Light Barrier - or Not

Neutrinos which appeared to have undermined a basic law of the universe by exceeding the speed of light might have done so even faster than first thought - or might not have done it at all, physicists in Italy said on Thursday.

HP Slips on Concerns of Delay in Turnaround

Shares of Hewlett-Packard Co fell more than 7 percent Thursday, after the world's No. 1 computer maker posted a sharp decline in quarterly earnings and warned it would take several years to turn around its sprawling businesses.

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