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Proposed 2015 budget means more funding for DARPA

The U.S. Defense Advanced Research Projects Agency says the Defense Department's proposed 2015 budget will restore more of its financial resources.

Disney Interactive lays off 700 people

Disney Interactive, focusing on "sustained profitability," is laying off one-quarter of its employees, James A. Pitaro, the division president, said Thursday.

CAE USA supplying UH-60 simulator to Mexico

A UH-60 Black Hawk simulator is being designed and manufactured for the Mexican Federal Police by CAE's U.S. subsidiary.
Facebook to revamp News Feed

Facebook to revamp News Feed

A year after announcing a major overhaul to its design, Facebook will finally update its News Feed so that the desktop and mobile versions will look similar.
Ananth Baliga

Canadian company tests new Boeing demonstrator plane

A new maritime surveillance aircraft by Boeing has completed its first flight, demonstrating its airworthiness, the company announced.

Texas EMS chooses AgustaWestland helicopter

Anglo-Italian manufacturer AgustaWestland reports a Texas-based air medical service has ordered an AW109 to join its fleet of fixed-wing aircraft.
Millions of Getty images now available for free via embed tool

Millions of Getty images now available for free via embed tool

Getty Images is set to release millions of stock photos for use by blogs, social media channels and websites, through a new embed tool.
Ananth Baliga

DynCorp wins subcontract for USAF work

DynCorp International was named a subcontractor to APRO International Inc. to provide Precision Measurement Equipment Laboratories support to the U.S. Air Force.
'Miracle Machine' makes wine from water

'Miracle Machine' makes wine from water

The Miracle Machine will enable wine-lovers to make the wine of their choice in just a few days, using only the device and a smartphone.
Ananth Baliga

L-3 Communications acquires Data Tactics Corporation

L-3 Communications has acquired Virginia-headquartered Data Tactics Corporation, enhancing its national security capabilities portfolio.
Spotify to acquire music recommendation service The Echo Nest

Spotify to acquire music recommendation service The Echo Nest

Spotify will acquire music intelligence company The Echo Nest, which the company says will improve user experience and the music discovery engine's performance.
Ananth Baliga
Apple again denied permanent U.S. sales ban against Samsung products

Apple again denied permanent U.S. sales ban against Samsung products

A U.S. District Court has again ruled against Apple's request to permanently ban the sale of 23 Samsung phones found to have infringed on its patents.
Ananth Baliga
Jobless claims fall to 3-month low

Jobless claims fall to 3-month low

Initial claims for jobless benefits for the week ending March 1 fell by 26,000 to a seasonally adjusted 323,000, the lowest level since November.
Ananth Baliga

Wood Mackenzie hired as energy consultant by Dublin

The Irish government hired energy consultant Wood Mackenzie to advise on how best to exploit frontier resources, Energy Minister Pat Rabbitte said.

Centrica warns of uncertain British gas future

The British economy needs to outline plans to enhance energy security as it starts to rely more on imports to meet gas demands, the head of Centrica said.

Canada wants more energy infrastructure options

The increase in North American oil production is straining existing pipeline capacity, Canadian officials said.
API says LNG answer to European energy woes

API says LNG answer to European energy woes

Ukraine and Eastern European allies could benefit for the U.S. shale gas revolution, but bureaucracy is in the way, the American Petroleum Institute said.

U.S. exporting more petroleum products, EIA says

U.S. exports of petroleum products topped the 4 million barrel per day mark in December, a monthly record, the Energy Information Administration said.

Genel Energy expects more oil from Kurdish north of Iraq

Oil produced from the Kurdish region of Iraq was lower than expected during the fourth quarter, though the trend should reverse, Genel Energy said Thursday.
Exxon stresses diversity in future growth agenda

Exxon stresses diversity in future growth agenda

Exxon Mobil Corp. Chairman Rex Tillerson said a diverse portfolio is a central part of his company's production agenda for 2014.

IEA sees no energy disruptions through Ukraine

The International Energy Agency said it is keeping close watch over natural gas transits through Ukraine to Europe, but hasn't observed a physical disruption.
Staples closing up to 225 stores

Staples closing up to 225 stores

Staples announces the closure of up to 225 stores and other cost-saving measures that could save the company $500 million annually.
Danielle Haynes

Comcast turning Chicago into WiFi hotspot

The cable and Internet company Comcast has begun a project to blanket Chicago with public WiFi using its existing service equipment.

Watchkeeper UAS gets OK for operation in Britain

An unmanned aerial system developed by Thales for the Royal Army has been given full release-to-service certification by Britain's Ministry of Defense.

U.S. Navy funds study on sepsis

The Naval Medical Logistics Command has entered a cooperative agreement with a Maryland-based medical foundation for research into severe sepsis.
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