Saturday, April 21, 2012

IBM to reduce US employee head count by 78% to grow EPS to $20

Source: I, Cringely

IBM’s internal plan to grow earnings-per-share (EPS) to $20 by 2015 by reducing US employee head count by 78 percent.

This is a Suspicious News Brief. Read more at I, Cringely

Planetary Resources to bring a 500-ton asteroid to Earth by 2025

Source: ars technica

According to MIT's Technology Review, a new firm backed by several deep-pocketed investors will announce itself Tuesday at the Museum of Flight in Seattle. The firm calls itself Planetary Resources, and the people involved include Charles Simonyi of Microsoft, Sergey Brin and Larry Page of Google, James Cameron, Ross Perot Jr., and Peter Diamandis, founder of the X-Prize Foundation. With this much money involved, the eyeballs of space geeks everywhere are now expectantly coming to bear on Seattle.

This is a Suspicious News Brief. Read more at ars technica

'Huge' water resource exists under Africa

Source: BBC News

Now scientists have for the first time been able to carry out a continent-wide analysis of the water that is hidden under the surface in aquifers. Scientists say the notoriously dry continent of Africa is sitting on a vast reservoir of groundwater. They argue that the total volume of water in aquifers underground is 100 times the amount found on the surface.The team have produced the most detailed map yet of the scale and potential of this hidden resource.

"Where there's greatest ground water storage is in northern Africa, in the large sedimentary basins, in Libya, Algeria and Chad. The amount of storage in those basins is equivalent to 75m thickness of water across that area - it's a huge amount."

This is a Suspicious News Brief. Read more at BBC News.