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Daily news and top headlines for IT professionals

ISM: Manufacturing Slowing, But Still Expanding

May 3, 2013 10:03 am | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Articles | Comments

Economic activity in the manufacturing sector expanded in April for the fifth consecutive month, say the nation’s supply executives in the latest Manufacturing Institute for Supply Management (ISM) Report On Business. Although U.S. manufacturing continued to slow in April, underlying metrics show that there is more good news than there is cause for concern.

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The Man Behind The GoPro

May 3, 2013 9:57 am | by NBC News | Videos | Comments

In just a few years, Nick Woodman, 37, transformed his unlikely surfer's fantasy invention into the GoPro, one of the world's best-selling cameras. He talks to E!'s Jason Kennedy about turning his dream of capturing cool action footage into a reality. 

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EU Predicts Eurozone Recession To Continue In 2013

May 3, 2013 9:35 am | by Raf Casert, Associated Press | News | Comments

In its spring economic forecast, the EU said that gross domestic product in the 17 member countries that use the euro will shrink by 0.4 percent this year, better than the 0.6 percent contraction in 2012 but 0.1 percentage points worse than the EU had forecast back in February.

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U.S. Employers Add 165K Jobs; Rate Falls To 7.5 Pct.

May 3, 2013 9:26 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than the government first estimated. The job increases helped reduce the unemployment rate from 7.6 percent to a four-year low of 7.5 percent.

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China Beefs Up Law To Fight Food Safety Scandals

May 3, 2013 9:21 am | by The Associated Press | News | Comments

The Supreme People's Court said Friday that the guidelines will list as crimes specific acts such as the sale of food excessively laced with chemicals or made from animals that have died from disease or unknown causes. China's penal code, which forbids unsafe and poisonous food, does not specify what acts are considered in violation of the law.

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Teva To Close Pennsylvania Plant By 2017

May 3, 2013 9:19 am | by The Associated Press | News | Comments

Teva Pharmaceuticals Industries Ltd. says it will close an eastern Pennsylvania plant that employs nearly 500 people. Teva told shareholders Thursday that its plant in Sellersville, Bucks County, will cease operations in 2017. The plant has 472 employees.

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Pentagon Clears Use Of Samsung's Devices

May 3, 2013 9:14 am | by The Associated Press | News | Comments

The South Korean company said Friday the Galaxy S4 smartphone has become the first Android device to meet the security requirements set out by the U.S. government, allowing government and military officials to access the Defense Department's networks with the S4.

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Bangladesh Official: Disaster Not 'Really Serious'

May 3, 2013 9:09 am | by Farid Hossain and Julhas Alam, Associated Press | News | Comments

Bangladesh's finance minister downplayed the impact of last week's factory-building collapse, saying he didn't think it was "really serious" Friday, hours after the 500th body was pulled from the debris. The government appears to be attempting to fend off accusations that it is in part to blame for the tragedy because of weak oversight of the building's construction.

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The Death Of Innovation, The End Of Growth

May 2, 2013 12:35 pm | by Ted | Videos | Comments

The U.S. economy has been expanding wildly for two centuries. Are we witnessing the end of growth? Economist Robert Gordon lays out 4 reasons U.S. growth may be slowing, detailing factors like epidemic debt and growing inequality, which could move the U.S. into a period of stasis we can't innovate our way out of.

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Handmade In Detroit

May 2, 2013 12:14 pm | by NBC News | Videos | Comments

Willie J. Holley III and Lakishka Raybon, employees of the watchmaker Shinola, share their pride in creating watches by hand. Heath Carr, CEO of Bedrock Manufacturing, explains why it is important to be in Detroit, a city with a rich manufacturing history. 

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What If You Could Wear Your Smartphone?

May 2, 2013 10:30 am | by CBS News | Videos | Comments

CNET senior editor Scott Stein speaks to "CBS This Morning" about wearable smartphones, and how this new technology will change the industry. Stein talks about the evolution of the technology and what consumers should expect when the category offerings expands. 

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Who's To Blame For Bangladesh Tragedy?

May 2, 2013 10:00 am | by CNN Money | Videos | Comments

The collapsed building in Bangladesh which killed nearly 400 people was home to several garment companies producing inexpensive clothing. A number of Western labels and retailers used the factories once housed in the building and are now pushing to include building integrity in selecting factories. 

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Technology Is Not The Problem — It Is The Solution

May 1, 2013 10:39 am | by Robert Atkinson, President and Founder, Information Technology and Innovation Foundation | Blogs | Comments

Technological growth has been principally responsible for the development of new industries, products and processes that have created better paying jobs, cheaper goods and a higher standard of living for society. Where would our economy be without information technology, advanced manufacturing and biotechnology?

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Five Reasons For Small To Mid-size Manufacturers To Adopt PLM

May 1, 2013 10:32 am | by Chuck Cimalore, CTO and Co-founder of Omnify Software | Articles | Comments

By implementing a Product Lifecycle Management (PLM) system, companies both large and small, benefit by simplifying and shortening each phase of the product development process. However, deciding whether or not to adopt PLM software has been a challenge for smaller organizations due to a reputation of PLM being difficult to implement.

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GM CEO: Volt Will Be Profitable

May 1, 2013 10:04 am | by CNN Money | Videos | Comments

GM CEO Dan Akerson tells Fortune that the second generation of the Chevy Volt will be cheaper to make and profitable. Looking to the future, GM hopes to have a half million cars on the road with some form of electrification by 2017. 

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