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ChangeQuakes Of The Week

July 03, 2006

TOP CHANGEQUAKES OF THE WEEK
** Google Launches New Online Payment System
** House Approves Bill To Lift Offshore Oil Drilling Ban
** Chinese Scientists Make Breakthrough In Producing Bio-Oil
** NBC Unveils Promotional Deal With YouTube

MORE CHANGEQUAKES TO WATCH

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TOP CHANGEQUAKES OF THE WEEK

Google Launches New Online Payment System

(CORPORATE CHANGEQUAKE) -- Google this week launched its long-awaited service called Google Checkout, which some analysts said could help online merchants boost sales and convince them to commit more advertising money to the Web search leader.

www.foxnews.com

House Approves Bill To Lift Offshore Oil Drilling Ban

(REGULATORY CHANGEQUAKE) -- The House has voted to end a quarter-century offshore drilling ban and allow energy companies to tap natural gas and oil beneath waters from New England to Alaska.

www.boston.com

Chinese Scientists Make Breakthrough In Producing Bio-Oil

(DISCOVERY CHANGEQUAKE) -- Scientists from the University of Science and Technology of China said they have made a breakthrough in reducing the cost of converting crop stalks, chaff and sawdust into bio-oil, an alternative source of energy.

www.chinadaily.com.cn

NBC Unveils Promotional Deal With YouTube

(CORPORATE CHANGEQUAKE) -- NBC and YouTube announced a video-sharing partnership in which an official NBC channel will be created on YouTube, previewing NBC shows and showing exclusive video clips, lending more legitimacy to the online video space.

www.redherring.com

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MORE CHANGEQUAKES TO WATCH

TECHNOLOGICAL CHANGEQUAKES

Japan To Store Carbon Dioxide Underground To Fight Pollution

According to a recent report, Japan plans to capture a sixth of its carbon dioxide pollution and store the gas underground in a bid to tackle climate change.

www.guardian.co.uk


CORPORATE CHANGEQUAKES

Intel Introduces New Dual-Core Chip For Servers

Intel has begun shipping a new microprocessor for servers that it says closes gaps in computing performance and power consumption with products from competitor Advanced Micro Devices, which has been stealing market share.

www.informationweek.com

Related story: Marvell Buys Intel XScale Division For $600 Million
today.reuters.com

Coke, MasterCard Team Up To Try Cashless Vending

MasterCard says its PayPass contactless payments system will be accepted at Coca-Cola vending machines in Philadelphia following successful trials of the technology in New York and Atlanta.

www.finextra.com

Apple Says Internal Probe Uncovered 'Irregularities' In Employee Stock Options

Apple Computer is the latest Silicon Valley company to acknowledge some stock options awarded to employees might have been mishandled, saying its own internal investigation had uncovered "irregularities" in employee stock options issued between 1997 and 2001.

biz.yahoo.com


REGULATORY CHANGEQUAKES

Palm Settles Patent Suit With Xerox

Xerox Corp. and Palm Inc said they have settled a nine-year patent dispute over handwriting-recognition technology with Palm paying Xerox $22.5 million to license three Xerox patents.

www.forbes.com


ECONOMIC CHANGEQUAKES

U.S. Economy Grew 5.6% In The First Quarter

The economy sprang out of a year-end rut and zipped ahead in the opening quarter of this year at a 5.6% pace, the fastest in 2 1/2 years and even stronger than previously thought.

biz.yahoo.com


FDA APPROVAL CHANGEQUAKES

FDA To Modernize Its Regulation Of Clinical Trials And Bioresearch Monitoring

The FDA has announced a series of new policy and regulatory developments to strengthen the agency's oversight and protection of patients in clinical trials and the integrity of resulting data in an effort to modernize the agency's approach to bioresearch monitoring.

www.fda.gov

FDA Places Warning On Antibiotic Due to Liver Damage

The FDA has ordered stronger warnings of potentially deadly liver failure with the antibiotic Ketek (telithromycin), which is approved to treat acute bacterial sinusitis, mild to moderate pneumonia, and acute worsening of chronic bronchitis.

today.reuters.com


DISCOVERY CHANGEQUAKES

Nanotechnology Could Provide New Approach To Fighting Cancer

Using a nanoscale spring built from a molecule of DNA, scientists have taken a significant step toward a new approach to protein engineering that could lead to novel ways of killing cancer cells.

www.azonano.com

UV Breakthrough Promises Cheaper Chips

Scientists at the University College London have discovered a world first in the manufacturing of microchips, using nanotechnology to induce the oxidation of silicon at room temperatures using light from ultraviolet lamps instead of high-temperature, energy-hungry furnaces.

physicsweb.org