A U.S. government lawyer opened a civil trial Monday by portraying Apple Inc. as a corporate bully that swaggered into the market for electronic books in 2010, forcing an end to price competition and costing consumers hundreds of millions of dollars.
Porsche's ex-finance chief has been convicted of fraud after a court found he provided false information during the German sports car marker's failed 2009 attempt to take over Volkswagen AG. Former Porsche CFO Holger Haerter was fined an unspecified amount after being found guilty Tuesday by a Stuttgart state court, the dpa news agency reported.
Dell Inc. trimmed CEO Michael Dell's pay by 14 percent to $13.9 million last year amid a slump that culminated in a proposed $24.4 billion deal that could end the personal computer maker's 25-year history as a publicly traded company. Most of Michael Dell's compensation last year consisted of stock awards designed to give him a greater incentive to boost the Round Rock, Texas, company's market value.
The U.S. Supreme Court has agreed to take up a case over Lexmark International's patent on microchips inside its printers. The high court's decision on Monday keeps alive an ongoing dispute between the Lexington, Ky.-based maker of printing and imaging products and software and Static Control Components, a Sanford, N.C. company that specializes in remanufacturing laser printer toner.
The U.S. trade deficit widened in April, as demand for foreign cars, cell phones and other imported goods outpaced growth in U.S. exports. The Commerce Department said Tuesday that the trade gap rose 8.5 percent in April from March to $40.3 billion. Exports increased 1.2 percent to $187.4 billion, the second-highest level on record.
New England aviation company Terrafugia has unveiled its latest conceptual version of a flying car. Unlike its current flying car, which is designed for pilots, the new design incorporates autonomous functionality, a move the company says will open up the skies to everybody. Reuters' Ben Gruber has more.
The degree of specialization along the food processing chain makes a significant difference in how one builds a sustainable business franchise today. Years of ingenuity and vertical integration have enabled operators to create uniform and predictable product applications and capture maximum operating efficiencies.
If you’re an engineer or manufacturing manager by trade and you find yourself playing the role of a project manager at your manufacturing site, you’re not alone. You were most likely put in charge of the project because of your deep technical knowledge of the project’s scope and have a project team consisting of individuals from a variety of departments with varying skills.
IBM’s famed supercomputer first made waves when the company introduced it as a computer specifically made to answer Jeopardy! questions. Since then, Watson’s development has expanded, and in 2011 it competed against former Jeopardy! winners Ken Jennings and Brad Rutter to take home a $1 million prize.
HighJump Software, a global provider of supply chain management software, has announced that it has been positioned by Gartner, Inc. as a Challenger in the Magic Quadrant for Warehouse Management Systems (WMS). This is the first time HighJump has been placed in this quadrant, moving up from the Visionary Quadrant of years’ past.
The American Physical Society (APS), IEEE Photonics Society, Laser Institute of America (LIA), the Optical Society (OSA) and SPIE, the International Society of Optics and Photonics, announced the launch of the National Photonics Initiative (NPI), a collaborative alliance seeking to unite industry, academia and government experts to identify and advance areas of photonics critical to maintaining U.S. competitiveness and national security.
Once a science-fiction fantasy, three-dimensional printers are popping up everywhere from the desks of home hobbyists to Air Force drone research centers. Users are able to make just about anything they like: iPad stands, guitars, jewelry, even guns. But experts warn this cool innovation could soon turn controversial — because of safety concerns but also the potential for the technology to alter economies that rely on manufacturing.
In a civil case in which the words of Steve Jobs play prominently, the government and Apple Inc. are set to square off over allegations that Apple Inc. conspired with the country's largest book publishers to make consumers pay more for electronic books. U.S. District Judge Denise Cote is scheduled to begin hearing the price-fixing case Monday in federal court in Manhattan.
As tech giants such as Google and Microsoft lobby Congress for more H-1B visas to bring skilled workers from overseas, a small but growing number of public-private endeavors are trying to spark an IT reshoring trend by developing the nation's next generation of tech experts.
What’s more, packaging, which has long been part of the green discussion due to concerns about food waste, sustainability and recyclability, is center stage again. But this time consumers are considering it in a more holistic way to embrace and fulfill this young group’s unique views on frugality and social responsibility.