Software News

• Tiny Robot 3D Duplicators
  Work is underway designing tiny robotic cubes imbedded with magnets on each plane that can create a duplicate of any object, either equal in size to the original or any size version as required. Massachusetts Institute of Technology’s Robotics department are currently working with two dimensional cubes of four sides, each cube containing a microprocessor wit […]
• Lumia Hits us for a score of 900
  Mobile Phone Lumia 900 is here to stay. Lumia 900 is here thanks once again to the Finland Company Nokia. This is great news for the mobile phone giant that is presenting this device at a low cost and a streamlined design with a front-facing camera for video conferencing. This is putting it on the same playing field as the likes of Samsung and Apple that now […]
• Google And Microsoft To Encourage The Future of British ICT Education
  The government has finally agreed that creative and motivating ICT classes be reintroduced to the classroom by teaching children to program and put computer science back in the core of ICT lessons. The Secretary of State for Education, Michael Gove is reported as saying that the present ICT curriculum was ‘demotivating and dull’. Advising Mr Gove on implemen […]

Business Travel News

• Qatar, UAE urge citizens to stay away from Lebanon May 19, 2012
  DUBAI (Reuters) - Qatar and the United Arab Emirates urged their citizens to stay away from Lebanon, citing security concerns in a country where fighting prompted by sectarian tensions in neighbouring Syria has unsettled areas near a northern port. […]
• Refloat of Italy's Concordia wreck to be biggest ever May 19, 2012
  ROME (Reuters) - Salvage crews will employ huge cranes and air tanks to refloat the half-submerged Costa Concordia cruise liner in the largest ever operation of its kind, according to a plan unveiled on Friday. […]
• Thousands march in Frankfurt against austerity measures May 19, 2012
  FRANKFURT (Reuters) - At least 20,000 demonstrators marched through Frankfurt on Saturday in a peaceful protest against austerity measures implemented to tackle the intensifying euro zone debt crisis. […]
• Japanese woman, 73, scales Everest for the second time May 19, 2012
  KATHMANDU (Reuters) - For the second time, a 73-year-old Japanese woman has become the world's oldest woman to climb Mount Everest, repeating her own record set 10 years ago, the company that organised the climb said on Saturday. […]

Baltic News in UK

• Sour Grapes For Estonian Wine Business
  Recent court action has unfortunately been unable to reclaim funds claimed to be owed by an Estonian group of investors developing wine in the Ukraine since 1999. Thirteen years ago, Estonian investors signed a contract with Ukraine which agreed that Estonia would invest in a wine business, Magarach, the Ukrainian state grape and wine institute to start prod […]
• Martin Sedlacky Appointed airBaltic New Chief Operations Officer
  airBaltic have approved the appointment of Martin Sedlacky as the new Cheif Operations Officer and Member of the executive board.  Mr Sedlacky has a strong background  in the airline business having been employed  in restructuring airlines systems through central and eastern Europe, Scandinavia, Singapore, Malaysia and America. Working on consultancy project […]
• Latvian International Air Transportation Association Accounts for 2% GDP
  Economic research group, Oxford Economics, recently conducted and produced a research document detailing contributions made to Latvian GDP from Latvia’s International Air Transportation Association (IATA). In their report Oxford Economics acknowledged and thanked the IATA whom had been instrumental in providing key information and statistics regarding the av […]
• Estonian Green Energy Subsidies
  Keit Pentus, the Estonian minister of environmental affairs, has decided to hire ‘Sorainen’ – one of Estonia’s most expensive law firms.  This has been done in the hope to defend the current system of renewable energy subsidies, and help the country to meet green energy targets. Last year, subsidies have been reported to be drying up in Europe, because wind […]

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Financial News

• GM won't advertise in the 2013 Super Bowl May 18, 2012
  General Motors will not advertise during this year's Super Bowl game, the automaker said Friday. […]
• Postal Service's next deadline: Aug. 1 May 18, 2012
  The next deadline facing Congress to save the U.S. Postal Service is Aug. 1. That's when the agency won't have enough money to make a $5.5 billion payment to a retirement fund mandated by law. […]
• New York penthouse sells for a record $90 million May 18, 2012
  An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer. […]
• Stocks: Worst week of the year May 18, 2012
  Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook's public debut, the social network's shares barely popped above its offering price and failed to inspire investors to buy into the broader market. […]

Technology News

• Surprise: The Internet hates rich people May 18, 2012
  It's no shock that people love to hate Facebook. […]
• Internet greets Facebook's IPO price May 18, 2012
  Friends may be priceless. But 'friending' is worth $38 a share. […]
• Why I won't be quitting Facebook May 17, 2012
  Flush with cash and drunk with power after its $100 billion IPO, Facebook could be caught secretly brainwashing millions of new users into signing up (mind-control hoodies, anyone?) -- and still I might not quit the world's largest social network. […]
• Why I'll (probably) never leave Facebook May 17, 2012
  Flush with cash and drunk with power after its $100 billion IPO, Facebook could be caught secretly brainwashing millions of new users into signing up (mind-control hoodies, anyone?) -- and still I might not quit the world's largest social network. […]

Business News

• Seaway pipeline sends oil to Texas in historic reversal May 19, 2012
  HOUSTON (Reuters) - The Seaway pipeline began pumping crude from Cushing, Oklahoma, oil tanks to the heart of the U.S. refining industry in Houston on Saturday, marking a historic shift in the way oil flows across the United States. […]
• Russia Sberbank sees sale certainty after government formed May 19, 2012
  WASHINGTON (Reuters) - Europe's second largest lender Russia's Sberbank will see some certainty over the planned privatization sale after the new Russian government's lineup is announced on May 21, CEO German Gref said on Saturday. […]
• Google says it won China's approval for Motorola deal May 19, 2012
  (Reuters) - Google said on Saturday that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings, the last regulatory hurdle to a deal that would allow the world's No. 1 Internet search engine to develop its own line of smart phones. […]
• Audi eyes management reshuffle: CEO in magazine May 19, 2012
  FRANKFURT (Reuters) - Volkswagen's Audi division is looking into a management reshuffle as it eyes an expansion in China, Latin America and the United States, the unit's head told a German magazine. […]