WASHINGTON (AP) — A federal judge on Wednesday approved Dell Inc.'s $100 million settlement with the government of civil fraud charges. Approval of the settlement by U.S. District Judge Richard Leon came after company Chairman and CEO Michael Dell assured Leon in a hearing that the computer maker will carry through the reforms it promised.
WASHINGTON (AP) — President Barack Obama faces a deadline Friday that could test already fragile U.S.-China relations: He must decide whether to accuse Beijing formally of using its currency to gain unfair trade advantages against the United States. Labeling China a currency manipulator would enrage the Chinese just as the Obama administration looks for the Beijing government's help on major global initiatives.
PALO ALTO, Calif. (AP) — Electric car maker Tesla Motors Inc. said in a regulatory filing Wednesday that it signed a $60 million contract with Toyota Motor Corp. to develop an electric version of Toyota's RAV4 small crossover vehicle. The two companies said in July that they would work together on an electric version of the RAV4.
ATLANTA (AP) — General Electric Co. is buying Opal Software to help bolster its so-called "smart grid" business, the company said Thursday. A smart grid allows utility companies to run their systems more efficiently by monitoring their customers' electricity demand in real time. GE, which provides equipment for setting up such energy grids, says Opal's software will help customers speed the roll-out of new technology.
REDWOOD SHORES, CA -- Crocs, Inc. is using Oracle SOA Suite 11g as part of a larger business strategy to build an innovative IT system to support its global sales and supply chain network, and to provide a holistic view into the entire supply chain. In recognition of the company’s innovative use and rapid deployment of Oracle SOA Suite 11g with Oracle Applications, Crocs received an Oracle Fusion Middleware Innovation Award, part of the Oracle Excellence Awards presented at Oracle OpenWorld San Francisco 2010.
It's easier said than done, but manufacturers need to launch new products that bring value to customers and deliver new revenue streams. As businesses in every sector claw their way out of a recession, launching new products that deliver value to customers and new revenue streams is a critical but difficult task.
Migrating the combined entities onto the same enterprise application is considered a best practice for bringing together merged entities into a single business unit. After a merger or acquisition, migrating the combined entities onto a common enterprise application is considered a best practice for uniting merged entities into a single business unit.
Intel CFO Stacy Smith used the words "robust demand" when asked to describe his company's spectacular third quarter , one which saw the tech giant's net income jump 59 percent. Sales forecasts in a lot of markets had been dialed back for that particular quarter, but Intel somehow bucked the trend and performed better than just about anyone else.
WASHINGTON (AP) — Applications for jobless benefits rose last week for the first time in three weeks, evidence that companies are reluctant to hire in a slow economy. The Labor Department said Thursday that initial claims for unemployment aid rose by 13,000 to a seasonally adjusted 462,000.
Convergence Training (Vancouver, WA) recently announced the release of its second-generation learning management system. Convergence Server Enterprise was developed to address common problems encountered in large-scale industry. When multimedia files are shared between multiple locations from a single server, access and playback can be slow.
Want further proof that Google in engaged in a quest for global domination? In addition to its recent foray into the wind power industry, the search giant is hard at work road-testing cars that can steer, stop, and start without the aid of a human driver. See Google's "smart car" in action.
A lack of innovation on the part of American companies is one of the biggest reasons behind the economy's struggles, or so argues Michael Mandel, the former chief economist at Business Week. And according to a National Science Foundation study, a mere 9 percent of American companies are committed to "innovating.
It appears as if planned space tourism flights will be future entertainment options for the super wealthy. Virgin Galactic and Boeing are currently working to make these tourism flights a reality. One man has even bought three tickets for a yet-to-be-planned Virgin Galactic flight, for a cool $200,000 apiece, signifying that he feels the flights will be safe and successful endeavors.
The Massachusetts Institute Of Technology Media Lab has researched and developed some pretty impressive technological innovations in their 25-year history. Here are some of examples of products they've worked on in the past and are working to create in the future, including a fold-up car. It's just another example of what can happen when enterprises put smart, forward-thinking, and creative people to work for them.
NEW YORK (AP) — Google is investing in an extensive network of deepwater transmission lines worth billions for future wind farms off the East Coast, the company said Tuesday. The transmission lines, which could cost up to $5 billion over the next 10 years, would run as far as 20 miles (32 kilometers) offshore from Virginia to New Jersey.