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Kodak strikes patent licensing deal with IMAX

Struggling US photo giant Eastman Kodak has announced it has reached a deal to license some of its patents related to its laser projection technology to Canada’s big screen specialist IMAX Corporation. Kodak did not reveal the financial details of the deal announced Sunday, but The Wall Street Journal reported that IMAX would pay “tens of…

Silicon Valley elite honor Steve Jobs

Silicon Valley nobility arrived at Stanford University on Sunday to pay tribute to revered Apple co-founder Steve Jobs. Security teams from Apple and Stanford along with local police officers cordoned off the main quad on campus, only letting pass those with invitations to the private event. Somberly attired men and…

iPhone 4S big hit in Hong Kong’s grey market

HONG KONG — Apple’s iPhone 4S was on sale on Hong Kong’s grey market at the weekend, attracting hundreds of fans paying up to six times official prices to get their hands on the latest model. The smartphone, released in seven countries on Friday, was not yet officially for sale…

Video game maker revels in Sim City’s similarities to Cain’s tax plan

LITTLETON, New Hampshire (Reuters) – Herman Cain has soared to the top of the Republican presidential polls by touting his 9-9-9 tax plan as the solution to everything from unemployment to deflated housing prices. Now, the similarity of the plan to one used in a version of hit video game…

Pentagon turns to Silicon Valley for new contracting leads

SAN FRANCISCO (Reuters) – When the Department of Defense decided it needed a device that could detect heartbeats from hundreds of feet away, it didn’t know where to look. So it turned to some tech-savvy friends: venture capitalists. Using its little-known “DeVenCI” — Defense Venture Catalyst Initiative — the Department…

Apple to hold private memorial for Jobs Sunday: source

(Reuters) – Apple Inc co-founder and technology visionary Steve Jobs will be memorialized at a private service at Stanford University on Sunday, a source with knowledge of the event said. Those invited to the closed service for the industry icon — who died last week after a years-long battle with…

Fans line up for Steve Jobs’ last iPhone

TOKYO/LONDON (Reuters) – Apple Inc’s new iPhone went on sale in stores across the globe on Friday, prompting thousands to queue around city blocks to snap up the final gadget unveiled during Steve Jobs’ life. Queues wound down the street in Sydney, Tokyo, London, Paris and Munich as fans gathered…

Google+ tops 40 million users

SAN FRANCISCO — Google co-founder and chief executive Larry Page on Thursday said that its online social networking challenge to Facebook is growing fast and has topped 40 million users. “People are flocking to Google+ at an incredible rate and we are just getting started,” Page said during an earnings…

France launches vast solar panel array

France on Thursday launched its largest-ever solar energy farm, with an array of panels spread over about 200 hectares (500 acres) in the mountainous southern Alpes-de-Haute-Provence region. With a production capacity of 90 megawatts, the vast photovoltaic park features nearly 113,000 solar panels and was built at a cost of 110 million euros ($137…

BlackBerry may be forced to compensate customers over outage

(Reuters) – BlackBerry maker Research In Motion faced the prospect of a compensation bill from network providers on Thursday as the world’s dominant provider of mobile email struggled for a fourth day with service glitches. RIM said services were starting to improve in all affected regions, reducing disruption for the…

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