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/ 18 April 2008

Google makes gains during credit crunch

The internet company Google has defied predictions of economic doom by delivering a 31% surge in quarterly profits, which appeared to vindicate the company’s claims that people will continue searching the web in a recession. Google’s first-quarter earnings jumped from -billion to ,31-billion.

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/ 21 February 2008

Virgin Galactic plans more spaceships

Virgin Galactic, billionaire Richard Branson’s space travel venture, plans to order five more spaceships and aims to turn a profit in five years from its commercial launch in 2010, an official said on Thursday. Prospective space travellers have so far placed deposits totalling more than -million for tickets that cost  000 each.

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/ 20 November 2007

Amazon launches own e-book reader

Amazon.com is hoping to invigorate a nascent market for electronic books by introducing its own e-book reader with free wireless connectivity. Monday’s long-anticipated announcement comes as e-books remain a sliver of overall book sales, partly because they lack the comfort and intimacy of bound paper.