11/01/2010

Kodak, Samsung agree on licensing pact

(AP) -- Eastman Kodak Co. said Monday it will draw royalties from South Korea's Samsung Electronics Co. under a licensing pact that gives the companies access to each other's digital-imaging patents.

China unveils 'world's fastest train link'

Last month China unveiled what it billed as the fastest rail link in the world -- a train connecting the modern cities of Guangzhou and Wuhan at an average speed of 350 kilometres (217 miles) an hour.

Biodiesel industry on hold after tax credit runs out

The biodiesel industry is revving up efforts to reinstate the U.S. biodiesel tax credit, warning that as many as 23,000 jobs could be at risk if lawmakers don't revive the program that expired at the beginning of 2010.

Electronic Arts lowers 2010 guidance as sales weak

(AP) -- Video game publisher Electronic Arts Inc. cut its full-year guidance on Monday, as ongoing weakness in its game disc sales didn't ease up over the holidays as the company had hoped.

Blindness groups, ASU settle suit over Kindle

(AP) -- Two organizations representing the blind have settled a discrimination lawsuit against Arizona State University over its use of Amazon's Kindle e-reader device.

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