Quantcast
Home » Archives » Tech News (Page 436)

Kenyan producers hope rise in coffee prices will bring prosperity

NAIROBI (AFP) – Kenyan coffee producers are hoping that soaring global prices will end years of neglect, that saw output drop fourfold, and herald a new golden age for what was once the country’s top export. The arabica that grows in the volcanic soils of Kenya’s highlands is sought worldwide…

White House says they may tap strategic oil reserves to ease gas prices

WASHINGTON (Reuters) – White House Chief of Staff William Daley said on Sunday the Obama administration was considering tapping into the U.S. strategic oil reserve as a way to help ease soaring oil prices. Speaking on NBC television’s “Meet the Press,” Daley said: “We are looking at the options. The…

McCain claims iPad, iPhone are made in US

Sen. John McCain (R-AZ) believes Americans should buy products made in the US, but he seems a bit confused about what those products might be. In an interview with ABC’s Christiane Amanpour Sunday, the senior senator from Arizona incorrectly declared that Apple’s iconic iPhone and iPad products were made in…

Analyst warns oil prices could double in wake of Arab unrest

The price of a barrel of crude could double if the unrest in the Arab world deteriorates, oil trader turned British international development minister Alan Duncan warned Saturday. Duncan, who has 30 years’ business experience in the Gulf, told The Times newspaper that the price of a barrel of crude…

New York oil price hits new 2008 peak on Libya unrest

LONDON — New York oil briefly surged past $104 on Friday to strike the highest level for two and a half years, as traders reacted to worsening violence in Libya. New York’s light sweet crude for April delivery surged as high as $104.09 per barrel — which was last seen…

Facebook valued at $65 billion in new investment

SAN FRANCISCO (Reuters) – Investment firm General Atlantic is investing in Facebook, valuing the leading social network at $65 billion, representing a 30 percent boost from its last big investment in January, according to a report on CNBC. General Atlantic is purchasing a block of roughly 2.5 million Facebook shares…

South Korean websites targeted in cyber-attack

SEOUL (AFP) – South Korea issued a cyber security alert as the websites of 29 government and other agencies came under attack Friday, the Korea Communications Commission said. A commission spokesman said the DDoS (distributed denial of service) attacks had initially been expected to hit 40 websites but only 29…

World food prices hit record highs amid oil jitters

ROME – World food prices have hit record highs and oil price spikes could push them even higher, the UN food agency warned on Thursday, as increasing violence in Libya sent jitters through commodity markets. The Food Price Index, which monitors average monthly price changes for a variety of key…

Republicans target federal pollution regulations

Republicans introduced legislation to the House of Representatives and Senate on Thursday that would prevent the Environmental Protection Agency (EPA) from regulating greenhouse gas emissions. Rep Fred Upton, the chairman of the House Energy and Commerce Committee, introduced the House version of the bill, called the Energy Tax Prevention Act.…

Spiders in fuel tank prompt Mazda recall

CHICAGO – Mazda has a creepy problem: a common spider species seems to have developed a hankering for making nests and weaving webs inside the engines of its sporty Mazda 6 sedan. The Japanese automaker said Thursday it will be recalling 65,000 vehicles in the United States, Canada and Mexico…

Google+