Google's outlandish ventures go beyond Web

With mountains of cash and some of the world's smartest engineers, Google Inc. has always set aside research and development dollars for futuristic ventures that appear to have little in common with its core business of Internet ...

2009 global research outlays down, but not China

(AP) -- The economic crisis cut corporate research and development spending 1.9 percent worldwide in 2009 but China defied the trend, increasing its research investments by a whopping 40 percent.

Financial instruments could be spiked with unfindable risks

(PhysOrg.com) -- In a result that may have implications for financial regulation, researchers from computer science and economics have revealed potentially impenetrable problems with the pricing of financial derivatives. ...

Brown economists measure GDP growth from outer space

Outer space offers a new perspective for measuring economic growth, according to new research by three Brown University economists. In a National Bureau of Economic Research working paper, J. Vernon Henderson, Adam Storeygard, ...

New US government website tracks IT spending

President Barack Obama's chief information officer unveiled a new website on Tuesday which tracks the more than 70 billion dollars in annual information technology (IT) spending by federal agencies.

Facebook's $200M investment values co. at $10B

(AP) -- Facebook is getting a $200 million investment from a Russian Internet investor that values the social networking company at $10 billion even though it has yet to turn a profit.

New research helps predict stock market

(PhysOrg.com) -- Researchers from Massey University have developed a new way to predict stock markets that has been recognised with an award from New Zealand finance specialists.

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