IBM has announced a definitive agreement to acquire Algorithmics for US$387 million, subject to price adjustments at closing. Algorithmics is a risk analytics firm with operations in Toronto, Canada.

Samsung Electronics America Inc., a subsidiary of Samsung Electronics Co. Ltd., today announced its newest lines of LED/LCD thin- and zero-client PC-over-IP Cloud Station monitors, which provide an alternative to desktop PCs, enabling highly secure access to any PCoIP-enabled remote host.

Sony is returning to its innovative roots with the introduction of a head-mounted display that simulates a 62.5-foot screen.

ViewSonic Corp., a leading global provider of computing, consumer electronics and communications solutions, today announced its two latest LCD large format graphics and professional monitors -- the VG2732m-LED and VP2765-LED.

Sony Electronics, trying to advance its music players into the modern age of digital devices, showed a prototype today of a new Walkman based on Google's Android operating system--and CNET got the first public look.

A spokesman for the San Francisco Police Department said the company did not file a police report based on the loss at the bar.

The Chinese government continues to expand its clean energy production plans, to replace increasingly expensive coal power that is shutting down coal plants and causing power shortages of at least 16 GW.

The days of using light bulbs as a political football may be drawing to a swift and un-melodramatic close, now that the company Lighting Science Group has announced the development of a new 60-watt equivalent LED lightbulb that will retail for under US$15.00.

Retailers expect a sharp rise in the cost of the traditional 60W light bulb as European-wide legislation preventing their production or import takes effect on September 1.

Osram AG (Munich, Germany), the lighting subsidiary of Siemens AG, is celebrating the opening of a pilot-line manufacturing plant for organic light-emitting diodes (OLEDs).

A Silicon Valley maker of solar power arrays that was started with high hopes and $527 million in loans from the federal government said on Wednesday that it would cease operations.

Chinese banks are the most important investor base in the Dim Sum market and they take a different view to PRC credits compared to investors in global markets.

In the latest look down its road map, Globalfoundries claims it is shipping thousands of 32nm wafers a week, gearing up multiple 28nm offerings for 2012 and planning first customer tape outs using a planar 20nm process at the end of next year.

A new report shows that China, considered the looming threat for competitors in the renewable energy business, may not stand a chance against the booming American solar sector.

The global solar cell market is projected to expand to 13.31 trillion yen in 2030, up about 290% from 2010, research firm Fuji Keizai Co. said Tuesday.

The solar-equipment industry has begun its biggest consolidation in at least two years as photovoltaic systems plunge in price, forcing weaker companies to team with competitors or close shop.

Deutsche Bank has provided financing for two major PV projects in southern Europe. The bank's Asset Finance & Leasing (AFL) division help fund the construction of SAG Solarstrom's 48MW plant in Canaro, Italy and arranged the debt financing required for InfraClass Energie 5 to buy a 15.3MW system in Toledo, Spain.

GE Capital Real Estate and SunEdison flipped the switch on the first two of fifteen solar rooftop systems, which fall under the Ontario FiT program. The solar projects are part of GE Capital Real Estate's environmental sustainability initiative with SunEdison agreeing to build and operate all fifteen of the PV systems.

The database tapped by hackers includes member e-mail addresses and, in some cases, personally identifiable information such as birthdates, homepage URLs and screen names from messaging services such as AIM, Skype and Yahoo.

Recession in rich countries has discouraged some would-be incomers from trying their luck. America, for instance, has seen a sharp decline in Mexicans trying to cross its southern border. Immigration to Europe has slowed. Some studies also suggest that increased inflows of migrants are a leading indicator of a pickup in growth.