Adobe to buy Omniture for $1.8 billion
BOSTON/SEATTLE (Reuters) – Adobe Systems Inc plans to pay $1.8 billion for fast-growing business software maker Omniture Inc as the maker of Photoshop and Acrobat looks to turn around declining sales.
Adobe, which announced the deal on Tuesday as it reported lower quarterly sales and profit, has been struggling over the past year as the recession [...]
Google plans new mirror for cheaper solar power
SAN FRANCISCO (Reuters) – Google Inc is disappointed with the lack of breakthrough investment ideas in the green technology sector but the company is working to develop its own new mirror technology that could reduce the cost of building solar thermal plants by a quarter or more.
“We’ve been looking at very unusual materials for the [...]
Ten Bubbles in the Making
One year after America’s brush with economic catastrophe, there’s plenty of looking back at the bubbles that caused financial chaos.
But what’s next?
There are surely dangerous economic bubbles forming as we speak. As Alan Greenspan warned this week, “They [financial crises] are all different, but they have one fundamental source,” he said. “That is the unquenchable [...]
Google Apps a hit in the classroom
Years ago, Apple (NASDAQ: AAPL) helped secure its niche in the personal computer world by targeting the classroom. Many people who learned on the Apple II are among its most loyal fans today.
Google is making huge inroads following the same path, as its Google (NASDAQ: GOOG) Apps Education Edition has been adopted by more and [...]
China, U.S. to dominate solar market
LOS ANGELES (Reuters) – The United States and China are in a head-to-head race to become the world’s top market for solar power, and panel makers are wasting no time making plans to cash in on the growth promise of both markets despite the global recession.
At the Reuters Global Climate and Alternative Energy Summit this [...]