EA posts hefty loss, to cut 540 jobs (AFP)

October 30, 2008

A boy plays a 'FIFA World Cup Game' on a computer. US videogames giant Electronic Arts reported a hefty quarterly loss on Thursday and said it was cutting six percent of its workforce, or 540 employees.(AFP/File/Prakash Singh)AFP - US videogames giant Electronic Arts reported a hefty quarterly loss on Thursday and said it was cutting six percent of its workforce, or 540 employees.


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New snag for Hubble, no repair mission before May (AP)

October 30, 2008

This undated handout photo provided by NASA, taken by the Hubble Space Telescope, shows a pair of gravitationally interacting galaxies called Arp 147. The Hubble Space Telescope is working again, taking stunning cosmic photos after a one-month breakdown. The Hubble Space Telescope Science Institute in Baltimore said the $10 billion telescope is as good as it was before a shutdown in late September. That glitch scotched plans for spacewalking astronauts to upgrade the telescope this month. (AP Photo/NASA)AP - The Hubble Space Telescope is working again, taking stunning cosmic photos after a breakdown a month ago. But the good news was quickly tempered by NASA's announcement Thursday that a mission to upgrade the popular telescope will be delayed at least until May.


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SolarReserve Gets Private Equity Funding

October 30, 2008
Los Angeles-based SolarReserve, a developer of utility scale renewable energy solar power plants, has scored an investment from Argonaut Private Equity. Argonaut said Thursday it is expanding its stake in SolarReserve, but did not detail the amount of the additional investment in the firm. SolarReserve is developing thermal solar energy plants based on molten salt and heliostats. SolarReserve recently raised $140M in a funding round from Citi, Credit Suisse, Good Energies, Nimes Capital, PCG Clean Energy & Technology Fund, and US Renewables Group.No tag for this post.

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