Israeli inventor has backers for cardboard bicycle

(Phys.org)—Don't tell Izhar Gafni that a bicycle can't be made of cardboard. An Israeli engineer working in industrial design, he was always fascinated by the potential that comes from the interplay of technologies applied ...

Stalling science threatens every domain of modern life

The looming "sequestration," across-the-board budget cuts that were never really meant to happen, could cripple key areas of science by slashing federal investment in research and development by an estimated 8.4 percent between ...

UK stays cautious over thorium as nuclear fuel

(Phys.org)—The claim is dramatic: An alternative nuclear fuel that could offer a safer and more abundant alternative to the uranium that powers conventional reactors. That is what supporters have to say about thorium, a ...

China's Huawei says to spend $2.0 billion in Britain

Chinese communications giant Huawei Technologies on Wednesday said it would invest $2.0 billion (1.5 billion euros) in Britain and roughly double its workforce in the country within five years.

Samsung takes 3 percent stake in ASML

(AP)—ASML Holding NV says that Samsung Electronics Co. has agreed to buy a 3 percent stake in it for €500 million ($625 million), following the lead of other key computer chip manufacturers Intel Corp. and Taiwan Semiconductor ...

Dutch firm ASML clinches 1.1 bn euro deal with Taiwan's TSMC

Dutch-based ASML, a key global supplier of computer chip-making systems, said Sunday it has clinched an investment deal with Taiwanese semiconductor giant TSMC worth over a billion euros ($1.24 billion).

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