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Wall Street Takes a Birthday Tumble

After two years of the bulls reigning supreme, the bears are flexing their muscles after a ratings downgrade of Spanish debt reminded investors of an ongoing European debt crisis. (Greek debt was downgraded earlier this week). Worries about the global economy at large also flared up after China announced its largest trade deficit in 7...

Eye-controlled Laptops are Coming

Visitors to last week’s C-bit trade fair in Hanover, Germany saw the future of computer technology. And it’s mouse-free. This is the first laptop with built-in eye control – a development we all need according to Tobii Technology’s Jan-Erik Lundkvist. The technology is being tested by children playing computer games… hands-free. Lundkvist says: “Natural user...

Job Market Turns Sunny

The U.S. labor market is catching up to a rebound long seen in other parts of the economy. Employers added 192,000 jobs in February, which was more than expected, and the most since May last year. And figures for December and January were revised up, according to the Labor Department. Meanwhile – the unemployment rate...

Drunk and Ready to Go? Car of the Future May Say “No”

Accidents happen every day, but according to the World Heath Organisation drunk drivers are responsible for a million road deaths every year. Researchers at technology giant QinetiQ are trying to find ways to keep roads of the future free of drunk drivers and are currently developing two prototypes that give the car veto power over...

A Case of Spies or Undetected Lies?

Yet another twist in the tale of corporate espionage that’s been gripping France – it may be complete fiction. In an interview with Le Figaro, an executive from Renault cast doubt on the accusations that spurred the dismissal of three of its executives and threatened a diplomatic row with China. Chief Operating Officer Patrick Pelata...

Hummingbird Robot the Future of High-Tech Spying

It looks innocent enough but this delicate hummingbird is designed for warfare, specifically – for spying. Funded by the US Defense Department, the Nano-hummingbird as its called was created by California-based company AeroVironment (Nasdaq: AVAV) and project manager Matt Keennon says it’s a major advance in drone technology. “It weighs 19 grams, the endurance is...