Chrysler May Soon See More Federal Aid

In addition to state tax credits from Michigan — and the billions of dollars already loaned it by U.S. taxpayers in the form of last year’s bailout — Chrysler may soon get approval for billions more in loans from the Departme…

Companies Launch Media Registry to Track Assets

Studios, cable and tech companies said they will launch an Entertainment Identifier Registry (EIDR) to track movies and TV shows in the same way that books are coded.

Each media asset, from a full-length movie to a short clip, will receive a unique I…

CommScope Agrees to $3.9 Billion Carlyle Buyout

CommScope (CTV), a maker of telecommunications equipment, agreed to be purchased by private equity firm The Carlyle Group for $3.9 billion.

Under the terms of the deal, Carlyle will acquire all of the outstanding shares of CommScope common stock for …

Sprint-Nextel Loss Grows to 30 Cents Per Share

Sprint-Nextel Corp (S) reported a loss of 30 cents per share for the third quarter, compared with a loss of 17 cents per share in 2009.

Revenues rose 1% to $8.2 billion, the company said in a statement.

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The increased loss was partly due to the company subsidizing customer upgrades to phones capable of working on its new network.

Sprint had “elevated subsidy levels as part of the…

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Sprint-Nextel Loss Grows to 30 Cents Per Share originally appeared on DailyFinance on Wed, 27 Oct 2010 08:12:00.

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IBM Developing Transistor to Reduce ‘Vampire Energy’

International Business Machines (IBM) is searching for a method that will cut devices’ power consumption by 90% and reduce so-called vampire energy – power used by machines when they are turned off.

IBM’s Zurich lab is developing a transistor to regu…