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Updated: August 18, 2009
Hewlett-Packard saw its sales and profit decline in the most recent quarter, but the world's largest technology company still managed to beat Wall Street analysts' estimates for a difficult period.
 
 
Appeals court overturns ex-Brocade CEO Gregory Reyes' conviction
A federal appeals court today reversed the stock-option backdating convictions of former Brocade Communications Chief Executive Gregory Reyes, concluding that his 2007 trial was tainted by prosecutorial misconduct. 

 
Updated: August 18, 2009 1:10:14 PM PDT
 
Updated: August 18, 2009 5:31:15 PM PDT
Tesla
Silicon Valley's Tesla Motors will build a powertrain production facility in Palo Alto's Stanford Research Park as it ramps up efforts to sell battery engine technology to other car makers.

  Green energy news | Green living  

 
Officials at Geron, which has yet to give its treatment to people, were vague about the reason for the hold, saying only that it involved the U.S. Food and Drug Administration's pending review of new animal study data the company had submitted.
 
 
IBM
Hoping to one day use DNA to make microchips with vastly smaller components than is possible today, scientists with IBM in San Jose and the California Institute of Technology said they have for the first time coaxed manipulated shapes of the genetic material to collect on specific areas of a silicon wafer.
 
 
The move could expand the number of free and for-sale programs, or 'apps,' for the Pre, helping it compete with rival smart-phones such as Apple's iPhone and Research In Motion's BlackBerry.  
 
When it comes to feeling the love from consumers, Apple remains atop the PC heap, while Detroit is pleasing more customers with its cars, according to the American Customer Satisfaction Index, which is being released Tuesday.
 
 
DALLAS (AP) — Blockbuster Inc. says it will start offering movies that can be watched on certain Motorola Inc.  
 
San Ramon's Mirion provides devices and services to detect radiation.  
 
 
Updated: August 18, 2009 2:21:03 PM PDT
Plus: Sony cuts PlayStation 3 price by $100. Hewlett-Packard's profit and revenue fall in its latest quarter. Palm opens apps store to outside developers. Silicon Valley tech stocks finish mostly higher. FDA puts Geron's human test of spinal-cord-injury treatment on hold.  
 
Plus: Lockheed Martin is cutting 800 jobs in Sunnyvale and Denver. Invisalign maker's stock soars 28.3 percent. Silicon Valley tech stocks, Dow and Nasdaq fall.  
 
If you want ultrafast Internet access in the Bay Area, you typically have only one choice: Comcast. And because of this lack of competition, you can expect to pay through the nose for the privilege. You can thank government regulators for our lack of choice.
 
 
 

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