Engine Troubles Costs Qantas $100 Million

Published on December 1, 2010 by Technology Slice

Engine Troubles Costs Qantas $100 Million – The cost to insurers of the damage to the A380 alone is expected to be about $US70m ($72.9m), according to the insurance arm of US-based Aon Group, The Australian reports. This is in addition to costs associated with business losses and disruptions that analysts predict will fall between [...]

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Posted in Travel

FaceBook Will Not Go Public Yet

Published on August 1, 2010 by Technology Slice

FaceBook Will Not Go Public Yet – While the 26-year-old Harvard dropout battles lawsuits from old business partners and rising concerns about privacy issues, he’ll also be forced to hone his skills as a CEO in the coming year as he fends off a big challenge from Google, the New York Post reports. “Facebook is [...]

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Posted in Internet

Starcraft II Could Sell 7 Million Copies

Published on July 26, 2010 by Technology Slice

Starcraft II Could Sell 7 Million Copies – StarCraft II unit sales could reach 7 million in Activision Blizzard’s current fiscal year, generating $350 million in sales for the publisher and $171 million in operating profit, analyst Mike Hickey with Janco Partners said in a Friday research note.

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Posted in Games

Rudd’s Mining Tax Explained

Published on June 18, 2010 by Technology Slice

The Government says the old tax system has failed to keep pace with the spiralling profits generated by the big miners. The miners believe the new tax is not a tax on “super profits” but on very mild profits. This is how the tax would work. Under the current system, mining companies pay 5 per [...]

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Posted in General

Google Releases Caffeine Infrastructure

Published on June 9, 2010 by Technology Slice

Google Releases Caffeine Infrastructure – The company says the new indexing system, dubbed “Caffeine”, will provide the largest selection of web content ever offered on Google. It’s faster – processing hundreds of thousands of pages in parallel every second – and takes up nearly 100 million gigabytes of storage in one database.

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Posted in Internet

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