On Wednesday, Eva Sasson and Justin Mardjuki will present their mobile app at the DEMO conference in Silicon Valley. Unlike most of the other entrepreneurs pitching products at the conference, Sasson, 19, and Mardjuki, 18, are full-time college students. The pair started TappMob this summer while on break from school. They’re one of the ten [...]
China received a total of 653 billion dollars of direct foreign investment in the period between 2001-2010, the Agency of Statistics of China announced. Director of the National Bureau of Statistics said that foreign investment in the economy grew on average 9.5 percent per year. Last year, China as an economic power second in the [...]
A little less than three months after hackers broke into the European Commission, the Union brings together transnational team who will fight against future security threats. The attack occurred in March, just days before a meeting of European Union countries in which they discussed military strikes against Libya and the crisis of debt in the [...]
In the wake of a natural disaster, aid often comes in the form of food, water and medical supplies. Several universities are offering Japan another form of assistance that will help in the effort to rebuild: supercomputing capacity. High-powered computers let researchers create simulations that can reveal important clues as to what may happen next, [...]
The budget plan of U.S. president Barack Obama would produce a deficit of a whopping 9500 billion dollars over the next ten years, CBO estimates. Non-partisan Congressional Budget Office (CBO) announced that more than 2,000 billion dollars more than estimates of the White House, reports the online edition of the Washington Post. In calculating the [...]
Apple’s iPad is making its way into some cockpits. The device won approval from the Federal Aviation Administration to display navigational charts for some charter pilots, according to a story published today by my Bloomberg colleague Sonja Elmquist. The decision covers iPads used by Executive Jet Management, a unit of Warren Buffett’s NetJets, and it [...]
Although it was officially announced before many pills that are already on the market from RIM are not yet an official release date. Boy Genius Reports relies on unnamed sources and said it would be 10 April. According to information from September, when it was first officially introduced, the playbook should have a 7-inch capacitive [...]
Like a one-two punch, the two Nordic giants of telecom equipment reported results on Apr. 22 and 23 that fell short of analyst estimates. Nokia’s first quarter revenues announced on Apr. 22 grew 3% from the same period a year earlier, to €9.5 billion (.7 billion), and net income nearly tripled from 2009′s tough first [...]
Venture capitalists are descending on the U.K. and Ireland this week to meet the cream of technology upstarts. They’ll be introduced to companies such as Belfast’s Lagan Technologies, a supplier of software for improving delivery of public services that has become a world leader in its market niche, beating rivals like Oracle for contracts with [...]
The numbers are out from market research houses, and the biggest winners for the first quarter of 2010 in smartphones were Apple and Nokia. Both companies saw their sales surge from the same period in 2009, and both gained market share, according to figures released Apr. 30 by Boston-based researcher Strategy Analytics. The telecom research [...]
Chinese authorities have decided to revise the model of economic development by reducing exports and putting emphasis on domestic demand and domestic sources.