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Sri Lanka takes stake in Google balloon Internet venture

Sri Lanka's government announced Monday it would take a 25 percent stake in a joint venture with Google designed to deliver a high-speed Internet service powered by balloons and that tests would begin this month.

Elon Musk's SpaceX drops lawsuit against Air Force

A spacecraft company run by billionaire Elon Musk has dropped a lawsuit alleging the U.S. Air Force improperly awarded a contract to launch military satellites to a joint venture between Boeing and Lockheed Martin.

Sweden joins race for self-driving cars

A hundred self-driving Volvo cars will roll onto public roads in and around the Swedish city of Gothenburg in 2017, the Chinese-owned car maker said Monday.

Mitsubishi Motors suffers fresh lithium battery setback

Mitsubishi Motors said Friday it had detected a new problem with lithium batteries used in its plug-in hybrid vehicle, the latest battery issue to affect the Japanese automaker in the past few days, media reports said.

Maldives floating island masterplan tests the waters

(Phys.org) -- From tourist paradise to devastation to sustainable future, an imaginative path toward rebirth is possible for global coastal populations at risk of being wiped out by rising sea levels. That path lies in artificial ...

Verizon settles FCC probe into 'tethering' block

(AP) -- In the first move of its kind, the Federal Communications Commission on Tuesday said it's accepting a $1.25 million settlement from Verizon Wireless to end an investigation into whether the company asked Google Inc. ...

NY MoMath museum aims to add to math appreciation

(AP) -- Mathematics. It's a subject that can elicit groans and exclamations of "boring." But Glen Whitney, a former hedge-fund quantitative analyst, is betting he can change that with a formula that looks like this: math ...

Billionaire unveils Russia's first hybrid car (w/ Video)

Russian billionaire Mikhail Prokhorov on Monday unveiled a new hybrid car that is due to come on the market in 2012, a first in a country where motorists often show scant regard for the environment.

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