Livestrong.com Announces Calorie Tracking iPhone App

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Lance Armstrong's Livestrong foundation has announced the launch of its first iPhone App called Livestrong.com Calorie Tracker. The tracker works with the iPhone and the iPod touch and is available now from the App Store.

The application allows users to track their calorie intake and monitor their weight to help achieve better fitness and track exercise. The tracker has a search function that allows users to track what they eat during the day and tallies their caloric intake automatically. The database has 450,000 food items and 2,000 fitness activities. Read more

Posted on Thu, 6 Nov 2008 07:00:00 CST | by Shane McGlaun

Google 'invests' in Zip Lines

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We reported earlier that Google is looking into investing in green energy. Well apparently Google employees on their project day built a green transport system: a Zip Line.
Some Googlers built a Zip Line to be able to go quickly to lunch as the new building in Mountain View is beyond the Permanente Creek separating it from the main campus where the lobsters are served. Read more

Posted on Tue, 28 Oct 2008 02:16:37 CDT | by Luigi Lugmayr

Google looking to invest in Energy Sector: Report

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(Reuters) - Internet search and advertising leader Google Inc is increasingly looking at the energy sector as a potential business opportunity, the New York Times reported.
Engineers at Google are hoping to soon unveil tools that could help consumers make better decisions about their energy use, the paper said.
Read more

Posted on Tue, 28 Oct 2008 00:08:46 CDT | by Luigi Lugmayr

ScotteVest Steve Wozniak Webisodes will not go Viral

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ScotteVest coaxed Steve Wozniak into starring in supposed to be funny spoof webisodes - cleverly named WOZisodes.
The problem is that the videos are not funny at all. Bill Gates' spoof videos from CES are millions of times better than what WOZ got himself into here. The Apple co-founder is on the Board of Advisors of ScotteVest, which explains the connection, but not the WHY? Read more

Posted on Fri, 24 Oct 2008 00:57:41 CDT | by Luigi Lugmayr

3rd Space Vest Gets New Drivers

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TN Games, the gang behind the interesting 3rd Space gaming vest have announced new drivers for the vest that add compatibility for a slew of the coolest PC games on the planet. The new driver update is free to owners of the vest.

Games now supported on the 3rd space vest include Bioshock, Mass Effect, Call of Duty 4, and more. The total amount of games now supported by the 3rd Space vest is 20. I used the 3rd Space vest at CES 2008 and it was cool. Read more

Posted on Sat, 30 Aug 2008 12:00:00 CDT | by Shane McGlaun

IBM invests $300 mln in Disaster Recovery Centers

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BOSTON (Reuters) - IBM plans to spend $300 million this year to build 13 "cloud computing" data centers where businesses can store information for quick retrieval in case their computer systems are destroyed in a disaster.
Cloud computing refers to services accessed via the Web that seem to exist in a cloud over the Internet.
Read more

Posted on Tue, 19 Aug 2008 22:35:04 CDT | by Luigi Lugmayr

Google admits its AOL Investment may be impaired

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By Eric Auchard

SAN FRANCISCO (Reuters) - Google Inc's 5 percent stake in Time Warner Inc's AOL unit may be worth less than the $1 billion the Web company paid for it in 2006, Google warned in a regulatory filing on Thursday.
Read more

Posted on Fri, 8 Aug 2008 10:05:00 CDT | by Luigi Lugmayr

BT to invest $3 bln in UK super-fast Broadband

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 By Kate Holton and Marc Roca

LONDON (Reuters) - Britain's BT plans to invest 1.5 billion pounds ($3 billion) to roll out super-fast broadband to up to 10 million UK homes by 2012, enabling services such as video conferencing and interactive gaming.
Read more

Posted on Tue, 15 Jul 2008 08:26:28 CDT | by Luigi Lugmayr

NBC Universal and other Investors Buy The Weather Channel

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A group of investors including NBC Universal, Bain Capital, and The Blackstone Group announced today that an agreement has been signed to buy The Weather Channel from landmark Communications. The investors say that The Weather Channel will be operated as a separate entity.

The Weather Channel will be based in Atlanta and will have management provided by NBC Universal. The terms of the purchase were not disclosed. Considering that The Weather Channel Networks are the third most distributed cable network and is seen in 97% of cable TV homes, the price wasn’t cheap. Read more

Posted on Mon, 7 Jul 2008 09:35:28 CDT | by Shane McGlaun

Nokia tries to make good on closed German Factory with over $32m Investment

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Nokia, the State of North Rhine-Westphalia (NRW) and the City of Bochum jointly unveiled a plan today to stimulate growth, create new jobs and generate investment for Bochum and the neighboring cities.

Nokia invests 20m Euro (~$32m) into the Growth for Bochum program plus the net proceeds from the sale of Nokia's production facility and property in Bochum.
The state of NRW will also contribute a co-investment in the amount of 20 million Euros ($32m). Read more

Posted on Thu, 3 Jul 2008 06:38:50 CDT | by Luigi Lugmayr

Samsung SDI to invest $529 million to up OLED Output

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SEOUL (Reuters) - South Korean display maker Samsung SDI Co said on Monday it would boost production of next-generation organic displays to six times the current level by mid-2009, spending $529 million.
Read more

Posted on Mon, 30 Jun 2008 03:47:46 CDT | by Luigi Lugmayr

Yahoo Investor urges Board Compromise with Icahn

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By Anupreeta Das

SAN FRANCISCO (Reuters) - Dissident Yahoo Inc investor Eric Jackson on Monday urged fellow shareholders to vote for a board comprising five existing directors and four nominees from billionaire investor Carl Icahn's slate.
Read more

Posted on Mon, 16 Jun 2008 08:05:00 CDT | by Luigi Lugmayr

EU to issue Guidelines on Telecoms Investments

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LUXEMBOURG (Reuters) - The European Commission will issue guidelines for the telecoms industry on ensuring a fair return on investment and sharing infrastructure, the European Union executive's telecoms chief said on Thursday.
Read more

Posted on Thu, 12 Jun 2008 04:38:02 CDT | by Luigi Lugmayr

Intel bullish on WiMax Investments: Executive

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By Anupreeta Das

SAN FRANCISCO (Reuters) - Intel Corp is investing heavily in WiMax in hopes of getting the networked world to switch to the super high-speed wireless technology within a few years, a senior executive said on Tuesday.
Read more

Posted on Wed, 4 Jun 2008 06:00:00 CDT | by Luigi Lugmayr

Netflix, Blockbuster hold dueling Investor Meetings

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By Sue Zeidler

SAN FRANCISCO (Reuters) - Like two movies going head to head on opening weekend, Netflix Inc and Blockbuster Inc made rival presentations to investors on Wednesday, as each DVD rental company vies to stay competitive in a converging marketplace.

Both companies are repositioning themselves to address the challenges of a maturing video rental business and an evolving online sector with giants such as Apple Inc , Amazon.com Inc and Microsoft Corp moving into the market.
Read more

Posted on Wed, 28 May 2008 23:23:15 CDT | by Luigi Lugmayr

Amazon's Kindle still in ''Investment Phase'': CEO

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LOS ANGELES (Reuters) - Amazon.com Inc's electronic book reader, the Kindle, is still in its investment phase, the Internet retailer's chief executive told CNBC on Wednesday.

CEO Jeff Bezos would not reveal how many Kindles the Seattle-based company had sold since its launch in November, but said the price had recently been lowered to $359 from $399.
Read more

Posted on Wed, 28 May 2008 12:21:12 CDT | by Luigi Lugmayr

Google invests $500m in the Clearwire WiMax Network Company

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Google is one of the investors in the newly formed Clearwire WiMAX business with Sprint. Google invested 500 million of the 3.2 billion that the new Clearwire company is getting injected.

Google will provide search and applications to the network's users, and will work with Clearwire to offer additional services and applications. Read more

Posted on Wed, 7 May 2008 13:01:14 CDT | by Luigi Lugmayr

Investors eye Yahoo's Alternatives to Microsoft

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By Michele Gershberg and Anupreeta Das

NEW YORK/SAN FRANCISCO (Reuters) - Yahoo Inc faced growing pressure on Sunday to find an alternative strategy to Microsoft Corp's $47.5 billion takeover offer after the software maker walked away over a disagreement on price.
Read more

Posted on Sun, 4 May 2008 22:59:56 CDT | by Luigi Lugmayr

Taiwan President-elect aims to lure Tech Investment

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TAIPEI (Reuters) - Taiwan President-elect Ma Ying-jeou said on Tuesday he plans to roll out lighter tax rates and simplify regulations for the island's technology companies to encourage more firms to invest at home.
Read more

Posted on Tue, 22 Apr 2008 08:13:10 CDT | by Luigi Lugmayr

Intel to invest $500 mln in Taiwan, most in WiMax

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By Sheena Lee

TAIPEI (Reuters) - Intel Corp said on Monday it will invest $500 million in Taiwan over the next five years, with a large amount of the investment targeted at the island's WiMax sector.
Read more

Posted on Mon, 21 Apr 2008 05:56:53 CDT | by Luigi Lugmayr

Blu-ray under Investigation by ITC on Laser Diode Patent Infringement

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The U.S. International Trade Commission has agreed to hear a case filed by Columbia University Professor Emeritus Gertrude Neumark Rothschild that seeks to block the importation of a wide array of consumer electronics products manufactured by 30 companies that infringe her patent for LEDs and laser diodes.

Among the products affected by this investigation are Sony Blu-ray players. Read more

Posted on Fri, 21 Mar 2008 03:41:34 CDT | by Luigi Lugmayr