A judge rejected Apple Inc.'s demand to increase the $1.05 billion in damages a jury ordered Samsung Electronics Inc. to pay its fiercest rival in the smartphone market. U.S. District Judge Lucy Koh also rejected demands from both companies to conduct another trial on different issues over claims that the South Korean company unfairly used technology controlled by Apple to build its iPads and iPhones to market knockoff products.
Ford is joining with Daimler and Renault-Nissan to speed development of cars that run on hydrogen, with hopes of bringing a vehicle to market in as little as four years. Hydrogen fuel cell vehicles generate electricity after a chemical reaction between hydrogen and oxygen. Hydrogen is stored in special high-pressure tanks, and the only emissions are water vapor and heat.
The maker of the BlackBerry smartphone is promising a speedy browser, a superb typing experience and the ability to keep work and personal identities separate on the same phone, the fruit of a crucial, long-overdue makeover for the Canadian company.
Plastic plain bearing specialist igus® has just launched its manus competition for the sixth time. The last contest, which ran in 2011, received over 300 entries from all over the world. The manus competition seeks innovative and challenging applications that use self-lubricating, maintenance-free polymer bearings to improve technology and reduce costs. Winners will receive cash prizes totaling over 11,000 USD.
Exxon has once again surpassed Apple as the world's most valuable company after the iPhone and iPad maker saw its stock price falter. Apple Inc.'s stock has been on the decline since its earnings report earlier this week. It dropped 2 percent Friday to $441.30 for a market capitalization of $414.5 billion. Exxon Mobil Corp. gained 13 cents to $91.48 and has a market capitalization of $417 billion.
The Boeing 787 Dreamliner battery that caught fire earlier this month in Boston shows evidence of short-circuiting and a chemical reaction known as "thermal runaway," in which an increase in temperature causes progressively hotter temperatures, federal accident investigators said Thursday.
The 787 Dreamliner was born in a moment of desperation. But once production started, the gap between vision and reality quickly widened. The jet that was eventually dubbed the Dreamliner became plagued with manufacturing delays, cost overruns and sinking worker morale.
A state-backed corporate turnaround fund is encouraging Sony Corp., NEC Corp. and Nissan Motor Co. to merge their lithium-ion battery businesses in the face of intensifying international competition, sources close to the matter said Friday. The Innovation Network Corp. of Japan and the three companies are aiming to reach an agreement on the merger plan within fiscal 2013, they said.
Manufacturers have been using technology to cut blue-collar jobs for years. Now, they're targeting their white-collar workers, too. Factory Automation Systems makes machines that help companies cut, bundle and load products faster and cheaper than humans can. But it didn't realize how much technology could help its own business until the Great Recession hit.
Toyota Motor Corp. and BMW Group are working together on next-generation batteries for green vehicles called "lithium-air" as their collaboration, first announced in late 2011, moves ahead in fuel cells, sports vehicles and other fields.
There's only a handful of things that have truly changed the way the human condition lives, says Time International Editor Jim Frederick. Indoor plumbing and the railway have created life as we know it, but has innovation now reached a wall? At a Time/CNNMoney panel at the World Economic Forum, CEOs talk about the state of innovation in the global economy.
To workers being pushed out of jobs by today's technology, history has a message: You're not the first. From textile machines to the horseless carriage to email, technology has upended industries and wiped out jobs for centuries. It also has created millions of jobs, though usually not for the people who lost them.
German automaker Volkswagen on Wednesday flipped the on switch for a new solar park at its Tennessee assembly plant. The 33-acre installation next to the Chattanooga plant has a capacity to produce more than 13 gigawatt hours of electricity per year. That's the equivalent of the amount of energy used by 1,200 area homes each year, according to Volkswagen.
Toyota's Canadian manufacturing arm will receive nearly $34 million in seed money from Ottawa and Ontario as it builds a new assembly line at its plant in Cambridge, Ont. Ottawa will kick in $16.9 million from the Automotive Innovation Fund, while Ontario will match that with an investment from its Strategic Jobs and Investment Fund.
As 21st century technology strains to become ever faster, cleaner and cheaper, an invention from more than 200 years ago keeps holding it back. It's why electric cars aren't clogging the roads and why Boeing's new ultra-efficient 787 Dreamliners aren't flying high. And chances are you have this little invention next to you right now and probably have cursed it recently: the infernal battery.
For many investors, Apple's best days are behind it. Competitors are catching up, they believe, and the latest iPhone is stumbling. The company's doubters have backed their conviction with billions of dollars. Last week, the stock fell below $500 for the first time in 11 months.
After two separate and serious battery problems aboard Boeing 787s, it wasn't U.S. authorities who acted first to ground the plane. It was Japanese airlines. The unfolding saga of Boeing's highest-profile plane has raised new questions about federal oversight of aircraft makers and airlines.
Solar photovoltaic (PV) technology has been around for most of the 20th century; however it has only made financial and commercial sense in the last five to 10 years. The growth of the PV industry has been driven by the improving economics associated with a PV install as a result of cost reductions and incentives.
At the Detroit Auto Show you can see how automakers are working to keep up with the pace and change of consumer electronics, including tablet computer technology that could soon replace many of the controls in your car for both drivers and passengers.
Researchers from the University of Michigan, Michigan State University and Wayne State University have been showing how their combined efforts have contributed to some of the technological advances on display at this week's Detroit auto show.
Sony Corp., the struggling Japanese electronics and entertainment company, is headed in the right direction although its comeback is not yet complete, its chief executive said Thursday. Kazuo Hirai told reporters that Sony is now more nimble and focused under his leadership which began nine months ago.
Transportation of the two-wheeled variety is sharing the floor at the Detroit auto show with the latest cars, trucks and concept vehicles, a nod to the potential marketing boost that bikes may offer for automakers. Some, such as those at Subaru's display, are shown as accessories on vehicles including the Outback wagon that are aimed at outdoor enthusiasts.
Japan's Mitsubishi is investing €576 million ($770 million) in developing German offshore wind farms. Netherlands-based grid operator Tennet said Wednesday that Mitsubishi will take a 49 percent stake in the €2.9 billion high-voltage cables linking four offshore farms to the German grid.
Headlights, grilles and other doodads are stepping up and popping out on cars: from daytime running lights that go up the hood of the new Cadillac ATS, to a wide, bold grille on the Ford Fusion, to engraving within the lamps of the new Corvette and Ford Transit. They are inexpensive but distinctive, providing automotive eye candy that can even boost gas mileage or improve safety.
Past met present at the auto show Monday when a holographic image of Thomas Edison was used to promote vehicles from electric truck and van maker VIA Motors. Bob Lutz, the retired General Motors executive who led development of the Chevy Volt, took to the stage at the North American International Auto Show to listen as a hologram of a person portraying the inventor gave advice about the potential for electric vehicles.