Archive: 07/21/2011

Icahn pushes Motorola to turn patents into cash

(AP) -- Shares of cellphone maker Motorola Mobility Holdings jumped to a four-month high Thursday after activist investor Carl Icahn disclosed that he's pushing the company to squeeze profits from its vast patent portfolio.

Jul 21, 2011
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US panel votes to bar climate funding

A panel of the US Congress on Thursday moved to bar foreign assistance related to climate change, defying President Barack Obama's calls to contribute as part of an international accord.

Jul 21, 2011
3.6 / 5 (8) 23

Sales of new chip lift AMD to 2Q profit

Advanced Micro Devices Inc. has been punished so hard for unexpectedly ousting its CEO more than 6 months ago that the second-quarter profit it posted Thursday gave investors a measure of confidence about its direction.

Jul 21, 2011
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Chromosome number changes in yeast

Researchers from Trinity College Dublin have uncovered the evolutionary mechanisms that have caused increases or decreases in the numbers of chromosomes in a group of yeast species during the last 100-150 million years. The ...

Jul 21, 2011
5 / 5 (2) 0 | with audio podcast

An eye gene colors butterfly wings red

Red may mean STOP or I LOVE YOU! A red splash on a toxic butterfly's wing screams DON'T EAT ME! In nature, one toxic butterfly species may mimic the wing pattern of another toxic species in the area. By ...

Jul 21, 2011
5 / 5 (1) 0 | with audio podcast

Microsoft 4Q profit climbs, Windows revenue dips

(AP) -- Microsoft Corp. reported record fourth-quarter revenue Thursday, helped by strong sales of its Office software suite. Investors still seem concerned about the world's largest software maker's growth ...

Jul 21, 2011
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Ericsson reports profit leap, shares slump

Swedish telecom equipment maker Ericsson reported Thursday a 65 percent jump in second quarter net profit on strong sales but this still fell short of expectations and its shares slumped.

Jul 21, 2011
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Australia mulls Facebook 18+

Australia on Thursday said it was considering upping the restrictions placed on Facebook, giving parents access to their children's pages and requiring proof of age at sign-up.

Jul 21, 2011
5 / 5 (1) 0