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Showing posts from January 19, 2014

Microsoft reports better than expected earnings

Microsoft , the world's largest software firm, has posted better-than-expected earnings for the October-to-December quarter. The firm reported a net income of $6.56bn (£3.94bn) for the quarter, up from $6.38bn a year earlier. Its earnings were boosted by strong sales of its new Xbox game console and its Surface tablets during the holiday season . The company also saw strong demand from businesses for its cloud services. Overall, the firm's revenue rose 14% during the quarter to $24.5bn. Its shares rose close to 4% on the news in after hours trading.

Internet Outage Leaves China Disconnected for 8 Hours

China cried "cyber attack" over Tuesday's massive Internet outage across the country, but it appears it might have been a case of friendly fire. One hypothesis that's getting a lot of support is that Chinese censors flubbed their management of the Great Firewall and accidentally redirected a massive amount of network traffic to domains they really wanted to block, triggering a network overload.

Apple Slashes iPad Mini Price in india

American technology giant Apple, in its bid to make inroads in India 's mid-range tablet market, has reportedly slashed the price of its 2012 iPad Mini model in the country. Manish Khatri, proprietor of popular electronics retail shop Mahesh Telecom, revealed that Apple has slashed ₹4,999 on iPad Mini (Wi-Fi), bringing down the cost to ₹16,901. The offer is carried out via EMI (Easy Monthly Installment) and cash-back incentives.

Google's Sugar-Sensing Contact Lens

The Google lab known for working on unusual projects like self-driving cars is crafting a contact lens that could help diabetics manage blood sugar levels . "We're now testing a smart contact lens that's built to measure glucose levels in tears," project co-founders Brian Otis and Babak Parviz said Thursday in a blog post. The lens works "using a tiny wireless chip and miniaturized glucose sensor that are embedded between two layers of soft contact lens material," Otis and Parviz said.

DNA solves one of the Titanic's oldest mysteries

More than 100 years after Loraine Allison disappeared with the sinking ship, genetic testing uncovers a massive hoax and brings to light who this girl really was. DNA has helped solved a nearly 70-year-old hoax -- one that has haunted a family and its ancestors in the debacle over the identity of a girl who was said to have died on the Titanic. When the massive ship struck an iceberg more than 100 years ago, it was believed that only one child from the first class died in the sinking ship: Loraine Allison. The 2-year-old apparently didn't get safely on a life boat because her parents were said to have been frantically searching for her little brother, who unbeknownst to them was already on a life boat. Allison and her mother's body were never found in the ship's wreckage.