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BUSINESS
February 2, 2008 | Peter Pae, Times Staff Writer
Two key Boeing Co. defense executives have been quietly transferred to the troubled 787 jetliner program, suggesting that problems with developing the plane could be worse than the company has revealed. In what some analysts said was an unusual move, the two executives were placed on "special assignment" with the commercial aircraft division in Seattle in early January, two weeks before Boeing announced that production problems had forced a further delay in initial deliveries of the Dreamliner.
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BUSINESS
January 9, 2008 | From the Associated Press
Hyundai Motor Co. launched its rear-wheel drive Genesis luxury sedan Tuesday, a car the South Korean company sees as its ticket into the ranks of the world's top-end automakers. Hyundai preceded the introduction by showing a promotion film featuring a decidedly James Bond-like actor driving the sleek, road-hugging vehicle. The screen then receded to reveal an orchestra and three South Korean tenors who gave a live performance of "Nessun dorma," an aria from Puccini's opera "Turandot."
BUSINESS
January 9, 2008 | From Reuters
General Motors Corp.'s planned launch of the highly anticipated Chevrolet Volt in 2010 is "a stretch" even though the automaker has not hit any snags in its development of the rechargeable electric car, the automaker's chief executive said Tuesday. Rick Wagoner said the automaker's initial tests of a new-generation of lithium-ion batteries needed to power the Volt had been favorable.
BUSINESS
November 30, 2007 | From Reuters
Verizon Wireless, the No. 2 U.S. mobile service, said Thursday that it planned to build a next-generation high-speed wireless network based on Long Term Evolution, or LTE, technology and to start trials next year. The move could eventually bring revenue to network equipment makers suffering from slower spending by carriers. But it is also seen as a blow to a rival technology developed by Qualcomm Inc. and to WiMax, an emerging wireless standard that Intel Corp. supports.
BUSINESS
November 29, 2007 | From the Associated Press
Internet search leader Google Inc. is testing technology that will locate users of its mobile mapping service, even if the phone making the connection isn't equipped with a GPS receiver. The tracking feature, introduced Wednesday, is being touted as an added convenience because it will enable people on the go to skip the task of typing a starting address on a mobile handset's small keys when they turn to Google's maps for guidance.
BUSINESS
November 27, 2007 | Peter Pae, Times Staff Writer
It was considered a stunning turn in warfare when a remotely controlled aircraft on a reconnaissance flight over Afghanistan spotted a Taliban convoy and fired a jury-rigged Hellfire missile, striking and destroying the target. The headline-grabbing flight in late 2001 -- though rudimentary and under remote human control -- marked the first search-and-destroy mission by a flying drone, and it propelled robotic warfare from the pages of science fiction to the battlefield.
BUSINESS
November 20, 2007 | From the Associated Press
Amazon.com Inc. is hoping to invigorate a nascent market for electronic books by introducing its own e-book reader with free wireless connectivity. Monday's announcement comes as e-books remain a sliver of overall book sales, partly because they lack the comfort and intimacy of bound paper. Amazon Chief Executive Jeff Bezos said the Web retailer spent three years developing the Kindle reader, which the company is selling online for $399.
BUSINESS
November 16, 2007 | From Bloomberg News
The world's biggest jetliner is getting even bigger. Airbus said Thursday it planned to build a 900-seat version of its A380 super-jumbo jet. Emirates, the aircraft's biggest customer, said it would buy the new model. Airbus will begin developing a "stretch" A380 after the standard plane reaches full production in 2010, Chief Operating Officer John Leahy said. Airbus has 191 orders for the 555-seat A380, including 58 from Emirates.
BUSINESS
November 12, 2007 | From the Associated Press
Intel Corp. plans to roll out its newest generation of microprocessors today, flexing its manufacturing muscle with a sophisticated new approach that crams up to 40% more transistors onto a chip. The world's largest semiconductor company plans to start shipping 16 new microprocessors -- which also boast inventive materials to reduce electricity loss -- for use in servers and high-end personal computers.
BUSINESS
November 6, 2007 | Jessica Guynn, Times Staff Writer
Google Inc. rules your computer. Now it wants to rule your mobile phone. After months of speculation, Google on Monday unveiled its vision to transform the wireless industry by making mobile phones as good for Web surfing as personal computers. Google and a consortium of 33 companies, including mobile- handset makers, phone carriers and other technology leaders, plan to offer free software to power mobile phones that will hit the market in the next six to 12 months.
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