Israeli, U.S. venture firms open joint lab

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An Israeli venture-capital firm and a U.S. venture-capital company announced Wednesday they would join forces to invest millions in 10 new tech startups.


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All News summaries for March 02, 2006

Bikers, pedestrians seeking better Web maps

30 minutes ago | User rating: not rated yet
(AP) -- With the old gas-guzzler in the garage, you've got your bicycle ready and your sneakers laced up. Now all you need is a map of the quickest, safest routes for riding around town. Well, not so fast.

Netflix 2Q profit up 4 pct, beats analyst views

30 minutes ago | User rating: not rated yet
(AP) -- Netflix Inc.'s second-quarter profit crept up 4 percent, beating analyst expectations as the online DVD rental leader signed up 168,000 new customers while spending less money to attract them to the service.

Europe’s next-generation broadband

39 minutes ago | User rating: not rated yet
An enormous research effort by Europe’s leading broadband players has helped accelerate dramatically the rollout of next-generation broadband services reaching speeds in the 10s of Mbit/s in many European countries. That ...

Samsung says Q2 profit up 108 percent

8 hours ago | User rating: not rated yet
South Korea's Samsung Electronics Co. said Friday that second-quarter profit jumped 108 percent year-on-year, what it called a "relatively solid" performance despite missing market forecasts.

Infineon posts heavy quarterly loss, to cut 3,000 jobs

9 hours ago | User rating: not rated yet
German semi-conductor group Infineon posted Friday a heavy quarterly loss and announced the elimination of 3,000 jobs.