Inventory overhaul made Walgreen’s profit sink

Inventory overhaul made Walgreen’s profit sink

The drugstore chain, Walgreen Co. has posted a bigger-than-expected 8.7% fall in its third quarter earnings.

The fresh look of drugstore chain has cost about $30,000 to $50,000 to implement in each store. 

China not ready to ditch "Green Dam"

China not ready to ditch "Green Dam"

China is in no mood to call off its plan to force every computer in the country to run controversial internet filtering software, commonly known as "Green Dam" from July 1.

Study: Total knee replacement procedure cost-effective in elderly adults

Study: Total knee replacement procedure cost-effective in elderly adults

According to a recent study by the researchers at Brigham and Women's Hospital in Boston and the Boston University School of Public Health, total knee replacement (arthroplasty) procedure is cost-effective in elderly adults with advanced osteoarthritis.

Apple releases upgrades - MacBook Pro 1.7 Update; iMac 1.4 Update

Apple releases upgrades - MacBook Pro 1.7 Update; iMac 1.4 Update

In a move to fix an issue with the drive interface of its newly-released MacBook Pro line, Apple Monday released firmware upgrade - the MacBook Pro EFI Firmware Update 1.7.

Merck begins third and final phase of testing of Stimuvax cancer vaccine

Merck begins third and final phase of testing of Stimuvax cancer vaccine

In a move to expand the potential use of its experimental product, the Stimuvax cancer vaccine, and a subsequent regulatory approval for the use of the drug in with breast tumor patients, Merck KGaA has begun the third and last phase of testing of the drug.

Rockstar Games says ‘GTA: Chinatown Wars’ coming to PSP and PSP-Go this fall!

Rockstar Games says ‘GTA: Chinatown Wars’ coming to PSP and PSP-Go this fall!

Going by the Monday statement of Take-Two subsidiaries, Rockstar Leeds and Rockstar North, which developed the DS-exclusive title 'Grand Theft Auto: Chinatown Wars', the game will be available for the Sony PSP and PSP-Go! Initially to be released on UMD for the PSP, the title will be available for digital download for the PSP-Go this fall.

FTC intends cracking down on blogosphere payola

FTC intends cracking down on blogosphere payola

The Associated Press has reported that with guidelines, expected to be released later this summer, the Federal Trade Commission (FTC) intends cracking down on blogosphere payola - the guidelines will help FTC penalize bloggers who promote products, without disclosing sufficient details about them.

Palm Pre’s SDK kit to come by summer-end; “jailbroken” community ‘at work’!

Palm Pre’s SDK kit to come by summer-end; “jailbroken” community ‘at work’!

With Palm saying that the Pre's Mojo software development kit (SDK) will be available by the end of summer, developers keen to create applications for the newly-released smartphone will have to wait for the while!

IBM unveils Aquasar – a high-performance computer cooled by water!

IBM unveils Aquasar – a high-performance computer cooled by water!

In one of the most recent attempts in support of green technology, IBM has unveiled a ground-breaking high-performance computer (HPC) called Aquasar, which by using water for cooling, will reduce energy use and greenhouse gas emissions from data centers.

HP’s introduces its web-connected printer - Photosmart Premium

HP’s introduces its web-connected printer - Photosmart Premium

On Monday, Hewlett-Packard introduced an inkjet printer HP Photosmart Premium, which is equipped with TouchSmart Web to facilitate the printing of the documents from the Internet without a PC. The new internet-connected inkjet printer, to be released later this year, will be priced at US$399.

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