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Business News
Fannie Mae, Freddie Mac shares tumble on bailout fears (Reuters)

A home that has been foreclosed and repossessed by the bank up for sale in Burbank, California, July 20, 2008. (Fred Prouser/Reuters)Reuters - Shares of Fannie Mae and Freddie Mac slid at the open on Thursday, on mounting fears that the two mortgage finance companies may need a government bailout, which would wipe out shareholder value.


Analysts see tough quarter for U.S. investment banks (Reuters)

People walk past the world headquarters for Morgan Stanley  and  Co. Incorporated in New York May 19, 2008. (Lucas Jackson/Reuters)Reuters - Wall Street research analysts are projecting yet another tough quarter for U.S. investment banks marked by additional writedowns across a series of fixed-income assets amid an already weak operating environment.


Lehman outlook dims on failed sale report (Reuters)

The exterior of the world headquarters for Lehman Brothers is seen in New York June 4, 2008. (Brendan McDermid/Reuters)Reuters - The outlook for Lehman Brothers Holdings Inc darkened further on Thursday as a newspaper reported that an intended asset sale had collapsed and a Citigroup analyst forecast big losses for the group.


Nasdaq falls more than 1 pct as oil gains (Reuters)

A board at the New York Stock Exchange shows the final tally for the day, June 26, 2008. (Brendan McDermid/Reuters)Reuters - The Nasdaq extended losses on Thursday, falling more than 1 percent as resurgent crude oil prices pushed above $120 per barrel, heightening fears about the durability of business and consumer spending.


Barnes & Noble profit falls, cuts year sales view (Reuters)
Reuters - Barnes & Noble Inc posted a smaller-than-expected drop in quarterly profit on Thursday, but cut its full-year sales forecast, citing a challenging environment for book sales.
Global stocks gain, dollar rises towards 2008 peak (Reuters)

A man looks at an electronic board displaying share prices in Tokyo August 19, 2008. (Yuriko Nakao/Reuters)Reuters - World stocks edged higher on Wednesday after the previous day's tumble to their lowest level in almost two years attracted some buyers, while rebounding commodity prices helped resource shares.


Technology reshapes America's classrooms - 07, Jul 2008

BOSTON, Massachusetts (Reuters) - From online courses to kid-friendly laptops and virtual teachers, technology is spreading in America's classrooms, reducing the need for textbooks, notepads, paper and in some cases even the schools themselves.



By Jason Szep
BOSTON, Massachusetts (Reuters) - From online courses to kid-friendly laptops and virtual teachers, technology is spreading in America's classrooms, reducing the need for textbooks, notepads, paper and in some cases even the schools themselves.
Just ask 11-year-old Jemella Chambers.
She is one of 650 students who receive an Apple Inc laptop each day at a state-funded school in Boston. From the second row of her classroom, she taps out math assignments on animated education software that she likens to a video game.
"It's comfortable," she said of Scholastic Corp's FASTT Math software in which she and other students compete for high scores by completing mathematical equations. "This makes me learn better. It's like playing a game," she said.
Education experts say her school, the Lilla G. Frederick Pilot Middle School in Boston, offers a glimpse into the future.
It has no textbooks. Students receive laptops at the start of each day, returning them at the end. Teachers and students maintain blogs. Staff and parents chat on instant messaging software. Assignments are submitted through electronic "drop boxes" on the school's Web site.
"The dog ate my homework" is no excuse here.
The experiment at Frederick began two years ago at cost of about $2 million, but last year was the first in which all 7th and 8th grade students received laptops. Classwork is done in Google Inc's free applications like Google Docs, or Apple's iMovie and specialized educational software like FASTT Math. 





(c) 2008 Reuters
TAGS: Education, Online Report text item, Canada
Other news from Technology category:
  1. DreamWorks Animation, Intel tie up on 3-D movies - 21, Aug 2008

    SAN FRANCISCO (Reuters) - Starting in 2009, all of DreamWorks Animation SKG Inc's films will be in next-generation 3-D.

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  2. Intel to build Yahoo widgets into new TV chips - 21, Aug 2008

    SAN FRANCISCO (Reuters) - After years of false starts aimed at bringing the Web to TV sets, Yahoo Inc said on Wednesday it is working with Intel Corp to create Web computer channels that run alongside TV shows.

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  3. Palm unveils Treo Pro to battle BlackBerry - 21, Aug 2008

    NEW YORK (Reuters) - Palm Inc unveiled a Treo smartphone Wednesday based on Microsoft Corp software to compete for business users against rivals such as Research In Motion's BlackBerry.

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  4. Ericsson, STMicro merge wireless chips - 20, Aug 2008

    PARIS/STOCKHOLM (Reuters) - Ericsson and STMicroelectronics have agreed to join their wireless chip and software businesses to create a joint venture that will supply four of the world's top five cell phone makers.

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  5. Thousands of file-sharers face legal action in UK - 20, Aug 2008

    LONDON (Reuters) - Thousands of people suspected of sharing music, films and games over the Internet will be pursued through the courts for damages, lawyers for entertainment companies said on Wednesday.

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  6. Microsoft to pay Novell $100 million more for Linux support - 20, Aug 2008

    SEATTLE (Reuters) - Microsoft Corp plans to pay software maker Novell Inc up to $100 million in additional subscription fees due to strong demand for Novell's open-source Linux software that partners with Microsoft's proprietary Windows software.

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  7. Intel new chip design saves power, boosts graphics - 20, Aug 2008

    SAN FRANCISCO (Reuters) - Intel Corp's latest chip design will conserve more power than its current processors and deliver vastly faster graphics images as the No. 1 chipmaker seeks to push its technology beyond just personal computers as that market slo

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  8. EBay lowering fixed-price sellers' listing fees - 20, Aug 2008

    SAN FRANCISCO (Reuters) - EBay Inc is cutting the fees U.S. sellers on its site pay for fixed-price items, in one of the company's boldest moves this year to boost merchandise for sale, lure new buyers and take on competitors.

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  9. Apple updates iPhone software to fix glitches - 20, Aug 2008

    NEW YORK (Reuters) - Apple Inc has issued a software update for the latest iPhone to help fix connection problems that led to a flurry of online complaints from customers, a European mobile service provider said on Tuesday as Credit Suisse reported stron

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  10. Judge backs hackers in Boston subway dispute - 20, Aug 2008

    BOSTON (Reuters) - Three students from the elite Massachusetts Institute of Technology who found a way to hack into Boston's transit system to get free rides can talk publicly about the security flaw, a court ruled on Tuesday in a decision hailed as a vic

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Software News
Apple tries to de-bug iPhone (USATODAY.com)
USATODAY.com - Apple acknowledged that a software update for the iPhone partly fixes the connection snags that have caused a global firestorm for the new iPhone 3G.
Salesforce.com stock drops on cautious outlook (AP)
AP - Salesforce.com Inc. kept its financial guidance within the range of analyst estimates Wednesday, disappointing investors who expected a more bullish forecast from one of the Internet's most popular software services.
Google Invites Security Researchers to Debug Android (NewsFactor)

A prototype of the Google Android mobile by Qualcomm is on display at the Mobile World Congress (formerly 3GSM World Congress) in Barcelona, February 11, 2008. (Albert Gea/Reuters)NewsFactor - In a move that could help it avoid an iPhone 3G-like software drama, Google wants bug hunters to test its Android mobile platform. On Monday, the Android Security Team posted a message to introduce itself to the security research and vulnerability communities.


Apple Reportedly Plans Another Fix for the iPhone (NewsFactor)

Dwango Co., a mobile service company adviser Tsuyoshi Natsuno, 43, gestures as he speaks to The Associated Press during an interview in Tokyo, Japan, Thursday, Aug. 21, 2008. Natsuno developed Japan's first Net-linking cell-phone service 'i-mode' in 1999. These days, he can't stop gushing praise for an American rival offering, Apple Inc.'s iPhone. (AP Photo/Shizuo Kambayashi)NewsFactor - The Apple rumor mill is churning, but this week it's about software fixes instead of new products. News reports are raising expectations of yet another iPhone software fix in September.


Centrino 2 Owners Get Free PAN Upgrade in 2009 (PC Magazine)
PC Magazine - Next year, those users who purchased Intel Centrino 2-based laptops will be able to upgrade to a delayed, wireless personal-area-network technology dubbed "Cliffside" that Intel will make available via a software download.
Palm unveils Treo Pro to battle BlackBerry (Reuters)

The Palm Treo Pro is seen with earbuds in a handout image. (Palm/Handout/Reuters)Reuters - Palm Inc unveiled a Treo smartphone Wednesday based on Microsoft Corp software to compete for business users against rivals such as Research In Motion's BlackBerry.