Fed up, IBM’s top shareholders turn to activist investors for help

Annoyed by 11 straight quarters of diminished revenues, IBM’s top shareholders are turning to activist investors in hopes of jostling the company out of its stupor. According to sources familiar with the situation, it seems the shareholders aren’t having much luck as both Jeffery Ubben’s ValueAct Capital and Bill Ackman’s …

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Sci-fi in the theater of war: Boeing patents plasma force field

Boeing (NYSE: BA), has obtained a patent for a plasma force field.  Actually, the patent is for something called a “method and system for shockwave attenuation via electromagnetic arc,” so the term “force field” is perhaps being used a bit loosely.  Nevertheless, the force field is intended to envelop and …

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Mitsubishi confirms viability of wireless solar power transmission

Mitsubishi Heavy Industries, Ltd. (MHI) recently carried out a ground demonstration testing of wireless solar power transmission. Unlike the solar tech presently in use, this is a groundbreaking and potentially disruptive technology currently under development. It is expected that space solar power systems (SSPS) will be the power generation systems …

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Hike to host HikeAThon on March 29, 2015

Hike Messenger, an Indian chat app and one of the fastest growing mobile apps, is hosting a hackathon, or HikeAThon, for innovative engineers and mobile developers from 28th March to 29th March, 2015. The company says that outstanding techies could be offered jobs at this fast growing Indian start-up. The …

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Canon installs DreamLabo 5000 in Karnataka

Canon India Pvt Ltd announced today the second installation of its DreamLabo 5000 in Karnataka, the third in South India. The printer was installed at ARD FOTO, a local company that makes HD albums and prints in Karnataka. Canon says its DreamLabo 5000 provides a high quality alternative to the …

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Micron and Intel unveil 3D NAND flash

Today Micron Technology, Inc., and Intel Corporation unveiled their 3D NAND technology, what the companies say is the world’s highest-density flash memory. Flash is the storage technology used inside light weight laptops, fast data centers, and nearly every mobile device. Micron Technology, Inc. (Nasdaq: MU) specializes in advanced semiconductor systems, …

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CTE announces partnership with ForgeRock

Today, Cambridge Technology Enterprises (BSE: CTE), an IT services company focused on the convergence of big data and cloud, announced that it has entered a partner agreement with ForgeRock® Inc., an open platform provider of identity management solutions. Businesses are now starting to take digital customer interactions seriously, and as …

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Lockheed Martin’s laser weapon takes out a truck

Lockheed Martin recently took modern warfare a step further with a successful test fire of the company’s ground-based, 30-kilowatt fiber laser weapon system, known as the Advanced Test High Energy Asset, or ATHENA. The guinea pig for this experiment was a small pick up truck, which was blasted beyond repair …

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8K Miles launches cloud platform for Big Pharma

8K Miles Software Services, a multinational provider of secure cloud solutions, has announced a new platform called CloudEzRx™ that is designed to help pharmaceutical and life sciences companies to securely migrate to the cloud, while streamlining and hastening the regulatory compliance processes. The platform has been developed to address pharmaceutical …

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India’s Purple Turtle nominated at London Book Fair 2015

Purple Turtle, the animated character created by Indian media and entertainment company, Aadarsh Pvt Ltd, was nominated for Best Use of IP across Multiple Media Platforms at London Book Fair 2015. Purple Turtle is the first Indian animated character to go global, with a presence in 27 countries and content …

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