July, 2010
Race to the Top finalists announced by DOE
Billions of dollars in federal education reform grants are up for grabs within the Race to the Top. Wednesday, Secretary of Education Arne Duncan declared that 18 states and the District of Columbia as finalists within the competition's second round. In states that advanced such as California, various school districts cooperated to apply for ...
Apple Magic Trackpad – has the mouse met its match?
Apple introduced the much-anticipated Magic Trackpad at the Apple Store Tuesday, bringing the multi-touch gestures familiar to iPhone, iPod Touch and iPad users to the desktop. A new wireless device that connects via Bluetooth, the Magic Trackpad lets you use your computer with gestures, rather than pointing and clicking. Some industry insiders say the Magic ...
Interest rates lawsuit for Capital One
Capital One is in trouble because they have again raised credit interest rates without informing customers. Capital One was being sued for breaking the Truth in Lending Act earlier this year, but it was dismissed by a judge. The 9th Circuit thought the lawsuit should be reinstated on July 22. Now, it is illegal because ...
Toyota lawsuit settled for patent infringement
The Toyota patent infringement lawsuit has been settled after being threatened by the U.S. to have a block put on imports. In 1994, a patent covering "high voltage method to power gas-electric hybrid cars" was filed away. Toyota has agreed to license the technology from the Paice company.
The patent background
The patent involves two motors giving ...
Finance Division of Wells Fargo to be shut down
After heavy subprime mortgage losses, Wells Fargo has announced the closure of the Finance Division. Only about 3,800 of the 14,000 jobs within the Finance Division could be lost. Wells Fargo financial products, such as line-of-credit loans, will nevertheless be available.
Wells Fargo Finance Division
Open for over 100 years, Wells Fargo Finance has operated separately from ...
