Chrysler
first to offer live mobile TV in vehicles
Starting in late December, Chrysler, Jeep, Dodge
Car and Ram Truck customers may watch many of their favorite TV programs
with a dealer-installed mobile TV option from Mopar. Chrysler
Group LLC is the first automaker in the United States to offer live
mobile TV to consumers with the capacity for as many as 20 channels
through Flo TV Auto Entertainment. The system offers something for everyone:
college and professional sports, breaking news, children's shows, prime
time sitcoms, reality TV and daytime dramas. More.
UM
solar car team third in world For
the fourth time in the University of Michigan Solar Car Team's history,
the students placed third in a biennial 1,880-mile race across Australia.The
UM car Infinium crossed the finish line in Adelaide Wednesday evening
Eastern time to complete the Global Green Challenge, formerly known
as the World Solar Challenge, after competing for five days. A final
finish time was not immediately available. More.
IT
company launches medical record service for docs ATMP Consulting Group, a Michigan-based strategic IT company
specializing in electronic medical record standards, Thursday announced
a new service to help private practice physicians select, implement,
and adapt IT solutions for electronic medical record alignment and compliance.
More.
New simulation
software from Altair Troy-based Altair Engineering Thursday announced
the release of Altair HyperForm Solista and Altair HyperBlank, two standalone
technologies that allow sheet-metal part manufacturers to easily simulate
forming operations to cut production costs and material scrap while
improving product quality. Leveraging
Altair's powerful finite-element solver engine, RADIOSS, HyperForm Solista
and HyperBlank offer efficient, cost-effective and accurate solutions
to simulate the entire manufacturing process for sheet-metal forming,
tube bending and hydroforming. More.
Detroit
company offers remote video surveillance
Detroit-based Mist Innovations Inc. this week unveiled its latest security
system, MistOnDemand II. The system, originally launched in June 2008,
now provides businesses complete, convenient and secure access to their
video surveillance system via their smart phone or personal digital
assistant at a significantly reduced cost. MoD II users dial into their
existing security system at any time to watch real-time, streaming video
of their businesses. Clients can switch between cameras, showing one
location or even look at multiple locations using the product. Additionally,
MoD II transmits a picture only when the customer dials into the system,
so it does not tie up the cellular network. More.
The United States
Department of Energy has awarded $151 million of grants to 37 companies,
universities and research institutions through the recently formed Advanced
Research Projects Agency-Energy.
AutoTech Daily reported
that this week’s awards are for the first round of projects funded
under ARPA-E, which is receiving $400 million under the American Recovery
and Reinvestment Act.
The initiative aims
to support “high-risk, high-reward” energy research to find
new solutions for climate change and energy security.
General Motors Co.,
which will receive $2.7 million to develop technology to convert waste
heat from vehicle engines into electricity, was the only automaker named
in the program.
Delphi Automotive Systems LLC won $6.7 million under the new DOE program
to develop technology to make power delivery from batteries to electric
motors 50 percent more efficient. It will work with International Rectifier
and Oak Ridge National Laboratory on the project.
Michigan State University is getting $2.5
million to complete its prototype development of a new gas-fueled electricity
generator to replace current backup generator technologies in plug-in
hybrid electric vehicles. Developers say the system is five times more
efficient than traditional auto engines in generating electricity and
is 20 percent lighter and 30 percent cheaper to manufacture.
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Profits,
revenues fall at ITC Holding, DTE Energy Novi-based ITC Holding Corp. Wednesday evening
reported third quarter net income of $37.8 million or 74 cents a share,
up from $28 million or 55 cents a share a year earlier. Revenue was
$151.3 million, down from $163.3 million a year earlier. For
the nine months, net income was $97.3 million or $1.92 a share, up from
$82.2 million or $1.64 a share a year earlier. Revenue was $464.5 million,
down from $465.8 million a year earlier. More.
Also, Detroit-based DTE Energy Thursday reported third quarter 2009
earnings of $158 million, or 96 cents a share, down from $178 million,
or $1.08 a share, in the third quarter of 2008. Revenue was $1.96 billion,
down from $2.34 billion a year earlier. For the nine months, net income
was $421 million or $2.55 a share, down from $423 million or $2.55 a
share in the first nine months of 2008. Revenue was $5.9 billion, down
from $7.16 billion a year earlier. More.
Ricardo
to develop fuel-efficient vehicle for U.S. Army
Van Buren Township-based Ricardo Inc., the United States subsidiary
of England's Ricardo plc, said Thursday it had won a contract for the
development of a new vehicle under the Fuel Efficient Ground Vehicle
Demonstrator program launched by TARDEC, the U.S. Army's Tank Automotive
Research, Development and Engineering Center in Warren. More.
GeneGo
launches new Web site with research freebies and more St. Joseph-based GeneGo Inc., the leading
systems biology tools company, announced today that they will be launching
a new Web site with free high quality pathway content. On
www.genego.com,
anyone can now search for genes, proteins, compounds, processes and
diseases and access high quality manually curated pathway maps for human,
mouse and rat signaling and metabolism. The web site includes 37 Cystic
Fibrosis specific disease maps, the result of a collaborative development
project with Cystic Fibrosis Foundation. GeneGo's new Web site also
features a new community career section. More.
THE WORLD
IN TECH
Motorola
shares surge on unexpected profit The turnaround effort long
sought at Motorola Inc. finally could be on track. The suburban-Chicago-based
maker of communications equipment reported an unexpected quarterly profit
Thursday as losses in its mobile phone division narrowed. The company
also forecast stronger-than-anticipated earnings for last three months
of the year, sending its shares up 11 percent. More.
Arizona
court rules records law covers metadata Hidden
data embedded in electronic public records must be disclosed under Arizona's
public records law, the state Supreme Court said Thursday in a groundbreaking
ruling that attracted interest from media and government organizations.
The Supreme Court's unanimous decision, which overturned lower court
rulings, is believed to be the first by a state supreme court on whether
a public records law applies to so-called metadata. Metadata can show
how and when a document was created or revised and by whom. The information
isn't visible when a document is printed on paper nor does it appear
on screen in normal settings. More.
Esquire
seeks to energize print with 3-D animation Hold
Esquire's December issue in front of a Webcam, and an on-screen image
of the magazine pops to life, letters flying off the cover. Shift and
tilt the magazine, and the animation on the screen moves accordingly.
Robert Downey Jr. emerges out of the on-screen page in 3-D, offering
half-improvised shtick on Esquire's latest high-tech experiment for
keeping print magazines relevant amid the digital onslaught. Esquire's
top editors are clearly enthused about the new technology, called "augmented
reality." "I felt like a caveman seeing fire for the first
time," says David Curcurito, the magazine's art director. More.
Amazon
using words to simplify shopping You're
probably used to typing your name, address and credit card number when
you buy things online. Amazon.com is guessing you don't enjoy it, though,
and wants to simplify the process by letting you purchase items with
a short phrase such as "Shopping Fanatic" and an identification
number. The online retailer planned to unveil the system, known as Amazon
PayPhrase, on Thursday. More.
Stocks:
Investors rush back in as economy grows Stocks logged their best day in three months
as investors rushed into the market on word the economy grew faster
than expected during the summer. The
Dow Jones industrial average jumped 200 points Thursday to recoup most
of its losses for the week, while demand for safe-haven holdings like
Treasurys wilted. The Commerce Department's report that gross domestic
product rose at an annual rate of 3.5 percent in the third quarter reinvigorated
investors who had dumped stocks for much of the week on signs of a slowing
housing market and a disappointing report on consumer confidence. The
economic growth came in ahead of the 3.3 percent rise forecast by economists
polled by Thomson Reuters. It was the strongest growth in two years
and broke four straight quarters of declines. Coming on the 80th anniversary
of the stock market crash that triggered the Great Depression, it was
the best indication yet that the longest recession since then has ended.
More.
The Nasdaq Composite Index (COMP)
rose 37.94 points or 1.8 percent to 2,097.55. The Dow Jones Industrial
Average ($INDU)
rose 199.89 points or 2.1 percent to 9,962.58. The Philadelphia Semiconductor
Index ($SOX)
rose 6.48 points or 2.2 percent to 307.26. The Morgan Stanley High Tech
35 Index (MSH)
rose 11.93 points or 2.3 percent to 530.88. The NYSE Arca Pharmaceutical
Index (DRG)
rose 2.28 points or 0.8 percent to 291.49. The NYSE Arca Biotech Index
(BTK)
rose 11.47 points or 1.4 percent to 838.7. Finally, the Standard & Poor's
500 (SPX)
rose 23.48 points or 2.3 percent to 1,066.11.
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