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Latest news articles
Read the latest industry news from the Emerging and Advanced Communication Technology sectors.

2012-05-19T07:03:37-04:00 Blind Chinese activist leaves for US

A blind Chinese activist was hurriedly taken from a hospital Saturday and boarded a plane that took off for the United States, closing a nearly monthlong diplomatic tussle that had tested U.S.-China relations.

Possible engine problem delays U.S. rocket launch

CAPE CANAVERAL, Florida (Reuters) - The launch of a privately owned Falcon 9 rocket from Cape Canaveral Air Force Station was delayed on Saturday when a computer detected a possible problem with one of the rocket's engines, a Space Exploration Technologies official said. Preparations for the company's trial cargo run to the International Space Station proceeded smoothly until 4:55 a.m. EDT (0855 GMT) when, instead of the Falcon 9 rocket's main engines igniting, an onboard computer scrubbed the launch. "Liftoff … we've had a cutoff. ...

Facebook's messy debut on Wall Street

NEW YORK (Reuters) - U.S. stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month for equity markets. Shares of Facebook, the social networking giant, were volatile in the busiest day ever for a trading debut. After early gains of more than 10 percent, Facebook shares fell back to the $38 issue price, ending up just 0.6 percent at $38.23. It was the Nasdaq's most actively traded stock, with more than 566 million shares traded. ...

Obama pledges tough enforcement of Wall Street reforms

WASHINGTON (Reuters) - President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such regulation. "We've got to finish the job of implementing this reform and putting these rules in place," Obama said in a weekly radio address that accused some on Wall Street of causing the 2007-2009 economic crisis because they "treated our financial system like a casino. ...