Archive for May, 2010

Fujitsu Aims for $1 Billion in Sales of Supercomputers by 2015

Fujitsu Ltd. said supercomputers will become a billion-dollar business for the company within five years, challenging products made by Hewlett-Packard Co. and International Business Machines Corp. Japan’s biggest computer-services provider aims to control 10 percent of the market for the machines, from the current 2.2 percent, by tapping rising demand in Germany, France and the [...]

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Is Mac the future of computing?

Opinion: Paul Nesbitt outlines why the best PC for the job is an Apple Mac and how Apple controls its computers more than Microsoft ever did 2010 is being proclaimed as the year of the tablet, with Apple leading a headlong charge into a new model of computing for consumers. Apple’s big idea is to [...]

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China develops fastest super computer

China has developed a super computer that runs at more than one quadrillion (one thousand million million) calculations per second, making it the fastest one in the country, experts have said. The super computer named “Xingyun”, has been developed in Tianjin, and works at double the speed of “Tianhe-1″, the previous fastest machine in China.

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Computer chip errors could improve efficiency

Researchers have claimed that computer chips could become up to 30 per cent more power efficient and much cheaper if they were allowed to make more mistakes. According to a report by the BBC, scientists found that there was some advantage in tolerating more hardware errors and designing software that could cope with them.

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Man Infects Himself with (Computer) Virus

We are one step closer to the future: a British scientist has become the first human being to contract a computer virus. Yep, you heard that right. Dr. Mark Gasson, a cybernetics expert at the University of Reading, deliberately infected himself (by way of an RFID chip implanted in his wrist) with a benign computer [...]

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Burberry steps up footprint in new markets

Burberry is to step up investment in new luxury markets, such as Latin America, as it seeks to build on the strength of its brand and a 23 per cent increase in underlying profit in the year to March. Angela Ahrendts, chief executive, said: “Shame on us if we don’t optimise the momentum of the [...]

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MONEY MARKETS-European, regulatory worries lift bank costs

The cost for banks to borrow dollars from each other rose to a 10-month high on Tuesday on fears over the European economy and U.S. financial regulatory reform. Not only are interbank loan costs rising, but it has become more expensive for banks, especially European ones, to raise funds from the commercial paper market, analysts [...]

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Pennon pleases with raised dividend

Pennon pleased investors yesterday when the water, sewerage and waste group disclosed plans to lift its dividend by a greater-than-expected 4 per cent a year in spite of a harsher regulatory regime. But to help deal with the consequences of Ofwat’s pricing restrictions, South West Water, from which Pennon derives more than 70 per cent [...]

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De La Rue plans buy-back as banknote demand leaps

A surge in production of high-specification and high-denomination banknotes boosted sales at De La Rue, the currency and secure document manufacturer, as it announced a share buy-back following the sale of its stake in Camelot, the UK lottery operator. “We had Camelot for the thick end of 15 years,” said James Hussey, chief executive of [...]

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United Utilities cuts pension deficit

United Utilities has made its defined benefit pension schemes less generous to employees as the UK’s biggest listed water company looks to cut costs in the face of a harsher regulatory regime. The utility announced the move, which it said was backed by unions, as it kicked off the results season for the water sector [...]

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