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Entries from July 2008

Can biofuels solve America’s oil crunch?

July 26th, 2008 · No Comments

A summer with budget-busting gasoline prices seems in the mood for the worst at the same time to launch a cross-country road trip from California to Georgia, but this one is different: We’re road-testing alternative fuel that might resist reduce pollution and break the nation’s faith on foreign oil.
The gasoline alternative is called biodiesel, [...]

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From Brainstorm: Our new $1 million prize, and more

July 26th, 2008 · No Comments

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NEW YORK (Fortune) — Fortune this week announced the Legatum Fortune Technology Prize, an annual $1 million award intended to reward for-profit efforts to victual products and services to the penniless through the use of technology.
The commercial of the prize was for me the high idea of an amazing three days at our Brainstorm [...]

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Qualcomm plays favorites with Nokia

July 25th, 2008 · No Comments

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NEW YORK (Fortune) — It took a small army of lawyers and about $200 million in legal costs, but Qualcomm finally struck a landmark agreement with phone giant Nokia.
The resolution of a year-old lawsuit was widely seen as crushing for Qualcomm. But besides the boost to profits for the next, oh, 15 years, and [...]

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Microsoft’s online chief to depart

July 25th, 2008 · No Comments

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NEW YORK (CNNMoney.com) — Veteran Microsoft Corp. executive Kevin Johnson, who headed the software giant’s online business and played a key role in the bid to buy Yahoo Inc., is leaving the company, Microsoft announced Wednesday.
Johnson is president of Microsoft’s platforms and services division, which includes both the online services business and Windows software [...]

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‘Solar trees’ get to root of energy crisis

July 24th, 2008 · No Comments

Taking inspiration from nature, inventor Ross Lovegrove has brought beauty to an everyday quarry that few give a passing thought to: the streetlamp.
The energy intensive lamps are quite literally, and figuratively, getting a green makeover and may be sprouting on a street near you soon.
Lovegrove’s innovative lighting project, the "Solar Tree," is a [...]

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UK to clamp down on Internet piracy

July 24th, 2008 · No Comments

Britain’s leading online service providers are Thursday expected to join a government–backed scheme to attend to the illegal downloading of music and films, regard for concerns it could curb the freedoms of Internet users.
The scheme is aimed at an estimated 6.5 million Britons who have downloaded files illegally over the quondam year, a practice [...]

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Pop culture fanatics converge on Comic-Con

July 24th, 2008 · No Comments

The most passionate Spider-Men, Storm Troopers, Harry Potters and other pop-culture fanatics are headed south for their annual trip.
Comic-Con, the country’s biggest comic-book convention, begins Thursday at the San Diego Convention Center.
More than 100,000 people a day — many in the costumes of their favorite characters — will fill the sprawling seaside space [...]

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The 6 sins of ‘greenwashing’

July 23rd, 2008 · No Comments

You sway want to go green, but how do you know what you’re buying is truly ethical? Greenwash — the ignoble art of misleading consumers about a product’s true green worth — is on the succumb to. But thanks to the work of increasingly vigilant regulators, some of the more curious and downright spurious claims [...]

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Yahoo misses estimates – sales up, profits down

July 23rd, 2008 · No Comments

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NEW YORK (CNNMoney.com) — Internet search engine Yahoo Inc. reported second-quarter results Tuesday that fell short of Wall Street’s expectations as the company struggles with dwindling market share and softening budgetary conditions.
The Sunnyvale, Calif.-based company said quarterly net income fell 18% to $131 million, or 9 cents per share, from $161 million, or [...]

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Apple beats estimates but guides lower

July 23rd, 2008 · No Comments

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NEW YORK (CNNMoney.com) — Computer and consumer electronics maker Apple reported fiscal third-quarter earnings Monday that beat forecasts on strong sales of Mac computers and iPhones. But shares fell after-hours as the company’s outlook for the fourth quarter disappointed investors.
The Cupertino, Calif.-based company posted fiscal third-quarter net income of $1.07 billion, or $1.19 per [...]

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