Technology Report: Air traffic bans boost video conferencing: Cisco

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Good afternoon Bit, MON 19 Apr 2010    Air traffic bans boost video conferencing: Cisco Startup ALGO claims trading software nears speed of light Publishing venture bets on iPhone short stories Lenovo looks to mobile Internet for growth Palm slides after losing key exec, RadioShack Facebook investor DST takes stake in Groupon RIM says video is big challenge to networks FCC awaits economic data from Comcast, NBCU NASA's new aircraft on earth mission Hydrogen cars on the road to reality Scanning entire books in minutes Air traffic bans boost video conferencing: Cisco April 19, 2010 03:11 PM ET OSLO/LONDON (Reuters) - The videoconferencing industry is getting a boost in demand from the disruption to business travel across Europe caused by a volcano in Iceland, Cisco Systems said. Full Article Startup ALGO claims trading software nears speed of light April 19, 2010 11:46 AM ET LONDON (Reuters) - New software by startup company ALGO Technologies offers to cut trade execution time to levels close to the speed of light, giving exchange clients an edge in the high-frequency trading arms race. Full Article Publishing venture bets on iPhone short stories April 19, 2010 08:53 AM ET LONDON (Reuters) - A new publishing company is betting that readers will bypass electronic readers such as Amazon's Kindle and Sony's Reader in favor of reading bite-sized stories on mobile devices they already own. Full Article Lenovo looks to mobile Internet for growth April 19, 2010 11:18 AM ET BEIJING/HONG KONG (Reuters) - Lenovo Group, the world's No.4 PC brand, said mobile Internet products will account for 10-20 percent of revenue in five years, as it embarks on a new drive into wireless computing. Full Article Palm slides after losing key exec, RadioShack April 19, 2010 03:12 PM ET NEW YORK (Reuters) - Palm Inc shares tumbled on Monday, weighed down by the resignation of the chief of its webOS phone software and concerns that a sale of the company may not come as soon as some anticipate. Full Article Facebook investor DST takes stake in Groupon April 19, 2010 11:29 AM ET LONDON (Reuters) - Russian Internet investment group Digital Sky Technologies, which bought a $300 million stake in Facebook last year, has led a $135 million investment round in Chicago-based social-commerce website Groupon. Full Article RIM says video is big challenge to networks April 16, 2010 06:54 PM ET TORONTO (Reuters) - Research in Motion Ltd says it is far from certain that video will become the "killer app" that defines smartphones, but even so the BlackBerry maker says developing more efficient delivery is necessary to prevent video from choking airwaves. Full Article FCC awaits economic data from Comcast, NBCU April 19, 2010 01:22 AM ET WASHINGTON (Reuters) - The Federal Communications Commission on Friday extended the public comment period for the joint venture between Comcast Corp and NBC Universal because it has not received additional economic data requested from the companies supporting their deal. Full Article

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