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Mid Day Report

Daily news and top headlines for IT professionals

Big Payouts From Startups Excite Silicon Valley

November 21, 2011 3:41 am | by Brooke Donald, Associated Press | News | Comments

PALO ALTO, California (AP) — Everyone dreams of striking it rich — and what they would do with such a windfall. A new house? A fancy car? Maybe designer clothes selected by a personal shopper. For some in Silicon Valley, those wishes may soon come true. As restrictions on selling stock are lifted at a handful of sizzling startups, early investors and employees are preparing for big payouts.

China Promises Technology Suppliers Clean Energy Access

November 21, 2011 3:40 am | News | Comments

BEIJING (AP) — U.S. Commerce Secretary John Bryson said Chinese officials promised foreign technology suppliers equal access to their booming clean energy industry in trade talks amid pressure to revive global growth. Bryson said Monday that Chinese officials told him the country will invest $1.

Markets Fear Failure In U.S. Debt Talks

November 21, 2011 3:39 am | by Carlo Piovano, Associated Press | News | Comments

LONDON (AP) — Fears that talks to reduce the U.S. deficit will collapse added to existing worries about European debt to push global markets lower on Monday. A special deficit-reduction supercommittee in Washington was expected to admit failure in its quest to agree on how to improve government finances by $1.


The State Of Material Handling Today

November 18, 2011 8:28 am | Articles | Comments

Nick Wilson is the president and CEO of Morrison Container Handling Solutions, which provides packaging solutions for national and international companies. He is also the 2011 recipient of the Professional Achievement Citation in Engineering (PACE) award from Iowa State University, Department of Chemical and Biological Engineering.

Has Continuous Improvement Met Its ROI Match?

November 18, 2011 8:15 am | by Joel Hans, Managing Editor, | Articles | Comments

Many manufacturers, particularly those who are achieving sub-par returns, have an idea that continuous improvement is simply a philosophy change, and not a capital investment, and are applying tools that aren't exactly suitable for their particular operations. A recent report from AlixPartners posited a surprising finding in the field of continuous improvement (CI) programs for manufacturers: Most companies engaged in Lean, Sigma Six, or another toolkit are achieving a poor return on their investment, and appear to be only partially engaged in the process itself.

Stay Connected

November 18, 2011 5:37 am | Product Releases | Comments

Power Source Unlimited (Wrentham, MA) announces the DPBF1U series front access / connect DC breaker distribution panels. The DPBF1U series is a family of 1RU 19″ or 23″ front access / connect DC breaker distribution panels. All connections are made at the front, dual feed / dual voltage, 8 load circuit.

Bipedal Cycling Robot Can Balance Itself

November 18, 2011 3:42 am | Videos | Comments

Robot creator Masahiko Yamaguchi demonstrates a robot that can balance, steer, and correct itself while riding a fixed-gear bike at the International Robot Exhibition 2011. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.

Microsoft Asks Judge To Dismiss Utah Antitrust Case

November 18, 2011 3:31 am | News | Comments

SALT LAKE CITY (AP) — A trial accusing Microsoft of antitrust violations resumes in federal court in Salt Lake City with the software giant asking a judge to dismiss an the case brought by Utah's Novell Inc. Novell has spent a month arguing that Microsoft was trying to protect its Windows monopoly when it rejected the WordPerfect writing application for the Windows '95 rollout.


GM CEO: Public Is Past Anger Over Bailout

November 18, 2011 3:30 am | by Tom Krisher, AP Auto Writer | News | Comments

DETROIT (AP) — The American public has gotten past its animosity toward General Motors for taking a government bailout in 2009, the company's top executive said Thursday. Chairman and CEO Dan Akerson said a poll taken last summer for GM by Washington public opinion firm Peter Hart Research Associates shows that more than 70 percent of Americans have a positive opinion of the company.

GE Invests $1B In Bay Area Software Hub

November 18, 2011 3:28 am | News | Comments

SAN RAMON, Calif. (AP) — General Electric Co., a maker of power plants, jet engines and medical imaging equipment, said Thursday that it is investing $1 billion in a new software headquarters in the San Francisco Bay Area with plans to hire 400 software-related staffers to develop what it calls the "Industrial Internet.

AP: Online Petition Seeks To Bring Back Fired Olympus CEO

November 18, 2011 3:27 am | by Yuri Kageyama, AP Business Writer | News | Comments

TOKYO (AP) — A former board member of Olympus Corp. said Friday that he launched an online petition to persuade the Japanese company to bring back Michael Woodford, the British executive fired for questioning payments made to cover up huge investment losses. Koji Miyata, who served on Olympus' board from 1995 to 2006, told The Associated Press that he wants the company to issue a public apology to Woodford and reinstate him as chief executive officer.

Deep Spending Cuts Pose A New Threat To U.S. Economy

November 18, 2011 3:25 am | by Christopher S. Rugaber, and Daniel Wagner, AP Business Writers | News | Comments

WASHINGTON (AP) — Just as the U.S. economy is making progress despite Europe's turmoil, here come two new threats. A congressional panel is supposed to agree by Thanksgiving on a deficit-reduction package of at least $1.2 trillion. If it fails, federal spending would automatically be cut by that amount starting in 2013.

Toyota Celebrates Production Start At Miss. Plant

November 18, 2011 3:24 am | News | Comments

BLUE SPRINGS, Miss. (AP) — After a lengthy delay due the sluggish economy, Toyota plans to roll out its first car Thursday at its newest North American plant in a highly anticipated event expected to draw business and government leaders to this tiny town in north Mississippi. The celebration of the first production Corolla at the  plant comes almost five years after Toyota Motor Corp.

Jobs: A Vengeful Man

November 17, 2011 7:37 am | by David Mantey, Editor, Product Design & Development | Articles | Comments

His ferocity and tunnel vision led Steve Jobs to achieve monumental fame and fortune, but it also severed friendships and business relationships. When is the world going to stop talking about Steve Jobs?” “I don’t know, as soon as Christians stop talking about Jesus?” The untimely passing of the techno-icon has led to a deluge of skepticism, criticism, praise, and wonderment for the most influential man this world has lost in some time.

USMTO: Technology Sales Soar Over 2010

November 17, 2011 7:16 am | Articles | Comments

September U.S. manufacturing technology orders totaled $606.56 million according to AMTDA, the American Machine Tool Distributors' Association and AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was up 22.9% from August and up 51.

Online Collaboration Suite

November 17, 2011 5:02 am Manufacturing Business Technology Product Releases | Comments

TAKE Solutions (Princeton, NJ) announced the availability of OneSCM 7.1, a multi-enterprise online collaboration suite for trading partners to manage supply chain operations. The latest version introduces a mobile applications framework that integrates with smartphones and tablets for immediate data access, sharing, and transaction activity in real-time.

Battery Low? Buy A Mobile Device Charge On The Go

November 17, 2011 3:27 am | Videos | Comments

Hercules Networks is a company that sells automated charging machines (ACMs) for powering mobile devices. The company was built on the idea that people need to be able to charge up their mobile devices on the go. This video shows what an ACM is and how people can use it. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.

Solar Reserve: We're Not Another Solyndra

November 17, 2011 3:21 am | Videos | Comments

Solar Reserve CEO Kevin Smith, whose company received a $737 million loan, says his company will avoid the problems that plagued Solyndra. Solyndra received a $535 million loan under the same government program that gave the loan to Solar Reserve, and has now suggested it would file for bankruptcy. However, Solar Reserve insists it is not "another Solyndra.

Meet The 12-year-Old App Developer

November 17, 2011 3:13 am | Videos | Comments

Thomas Suarez is not your typical 12-year-old boy. Sure, he plays games on his iPhone -- but some are games he has developed. Suarez taught himself how to develop mobile apps, including a Justin Bieber-themed wack-a-mole game called "Bustin Jieber." In this TEDxTalk, Suarez explains his story.

'Steve Jobs: The Lost Interview'

November 17, 2011 2:56 am | Videos | Comments

A recently discovered interview with Steve Jobs shows the Apple co-founder right before he rejoined the company in the mid-1990s. Executive producer Robert Cringley speaks with CBS News about his new documentary, which focuses on that once-lost interview. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.


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