NEW YORK (AP) — Hewlett-Packard Co.'s new tablet might look a little bit like Apple Inc.'s latest blockbuster gadget but it's not meant to be an iPad killer. HP, the world's largest computer maker, started selling the Slate 500 on Thursday. It costs $799 and, like the iPad, has a touch-sensitive screen and no keyboard.
NEW YORK (AP) — General Electric Co. said Monday it will help Reliance Power Ltd. of India with a power plant expansion project in a deal worth $750 million. GE, based in Fairfield, Conn., said it will supply natural gas and steam turbines, training and other services for the Samalkot power plant in Andhra Pradesh, India.
DENVER (AP) — A new Air Force manual for cyberwarfare describes a shadowy, fast-changing world where anonymous enemies can carry out devastating attacks in seconds and where conventional ideas about time and space don't apply. Much of the 62-page manual is a dry compendium of definitions, acronyms and explanations of who reports to whom.
WASHINGTON (AP) — The new health care law wasn't supposed to undercut employer plans that have provided most people in the U.S. with coverage for generations. But last week a leading manufacturer told workers their costs will jump partly because of the law. Also, a Democratic governor laid out a scheme for employers to get out of health care by shifting workers into taxpayer-subsidized insurance markets that open in 2014.
STOCKHOLM (AP) — Swedish wireless equipment maker LM Ericsson AB on Friday said third-quarter net profits rose more than fourfold largely on the back of lower restructuring costs and an improved performance in its joint venture with Sony Corp. The Stockholm-headquartered company reported a profit of 3.
PALO ALTO, Calif. (AP) — Hewlett-Packard Co. said Friday that it finished its acquisition of security software maker ArcSight Inc. for $43.50 per share, or $1.5 billion. HP said in September that it would buy ArcSight, which is the latest in a series of acquisitions the technology company has made as it seeks bigger profit margins outside the personal computer business.
There are several factors to consider when calculating Total Cost of Ownership (TCO) prior to making a significant equipment purchase. To get the most value out of your automated assembly machine, looking at total cost of ownership (TCO) is a must. This importance is multiplied in more challenging economic times.
Change-on-demand capabilities allow companies to quickly realign their ERP and business processes, and to continuously embrace change without consuming costly IT resources. The Limits of a Legacy Approach Manufacturers traditionally implement enterprise resource planning (ERP) software solutions through static versions.
While most manufacturing processes do not take this level of precision, this "surgery" on a grape proves just how advanced robotic technology has come in recent years. The drive of competition has pushed even the most heavy-duty of industrial robots to become increasingly accurate as well.
NEW YORK (AP) — AT&T Inc. sold a record number of iPhones in the latest quarter, continuing to siphon subscribers from other wireless carriers in a tightening industry. The country's largest telecommunications company on Thursday said it activated 5.2 million units of Apple Inc.
TOKYO (AP) — Japan plans to mine in Vietnam for rare earth metals used in high-tech manufacturing in a bid to reduce its dependence on China, which virtually monopolizes the global supply of the strategic materials, officials said Friday. Japanese Prime Minister Naoto Kan and Vietnamese Prime Minister Nguyen Tan Dung are expected to agree on the proposed deal in Hanoi later this month, a trade ministry official said.
HELSINKI (AP) — Nokia Corp. is moving quickly to restructure its lagging smartphone business under new CEO Stephen Elop, announcing Thursday it would lay off 1,800 people even as third-quarter earnings bounced back from a year-ago loss. The world's largest mobile phone maker reported third-quarter net profit of euro529 million ($733 million).
PEORIA, Ill. (AP) — Caterpillar Inc. said Friday it is buying a German engine maker, MWM Holding GmbH, from private-equity firm 3i for 580 million euros, or about $810 million, in cash. Caterpillar, the world's largest maker of construction and mining equipment, said the deal will help it significantly expand options for customers of its electric power division.
DEARBORN, Mich. (AP) — Ford Motor Co. said Thursday its chief technical officer, who helped develop the Sync hands-free phone and entertainment system, will retire Feb. 1 after a decade with the automaker. Gerhard Schmidt, 64, a former BMW AG executive, led Ford's research and advanced engineering team, a staff of engineers and scientists with offices in Dearborn, Mich.
DUBLIN (AP) — IBM Corp. said Wednesday it plans to cut 190 jobs at its Ireland server-manufacturing lines and move them to China. The move is the latest sign of traditional manufacturing operations deserting high-wage Ireland in favor of Eastern Europe and Asia. Such cuts have helped to drive Irish unemployment to 13.