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U.S. Postal Service posts $2 billion loss

2014-08-11 21:08:00| Air Courier - Topix.net

The U.S. Postal Service boosted its revenue through price increases and a continued focus on package-shipping, but still ended the third quarter with a $1.96 billion loss.

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U.S. Sales of Transformers Estimated to Increase to $4.7 Billion in 2016

2014-08-11 19:58:00| Transmission & Distribution World

The Newton-Evans Research Co. has announced its August publication of a new set of 12 U.S. transformer market two-page summaries. read more

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TSMC breaks record with July revenue of nearly NT$65 billion

2014-08-08 20:21:13| Semiconductors - Topix.net

Taiwan Semiconductor Manufacturing Co.' s consolidated revenue reached NT$64.925 billion in July, hitting a new single-month record.

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$11 billion later, high-speed rail is inching along

2014-08-08 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: High-speed rail was supposed to be President Obamas signature transportation project, but despite the administration spending nearly $11 billion since 2009 to develop faster passenger trains, the projects have gone mostly nowhere and the United States still lags far behind Europe and China. While Republican opposition and community protests have slowed the projects here, transportation policy experts and members of both parties also place blame for the failures on missteps by the Obama administration...

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IBM cracks open a new era of computing with brain-like chip: 4096 cores, 1 million neurons, 5.4 billion transistors

2014-08-07 20:00:21| Extremetech

Scientists at IBM Research have created by far the most advanced neuromorphic (brain-like) computer chip to date. The chip, called TrueNorth, consists of 1 million programmable neurons 256 million programmable synapses spread out across 4096 individual neurosynaptic cores. Built on Samsung's 28nm process and with a monstrous transistor count of 5.4 billion, this is one of the largest and most advanced computer chips ever made. Perhaps most importantly, though, TrueNorth is incredibly efficient: The chip consumes just 72 milliwatts at max load, which equates to around 400 billion synaptic operations per second per watt -- or about 176,000 times more efficient than a modern CPU running the same workload, or 769 times more efficient than other state-of-the-art neuromorphic approaches. Yes, IBM is now a big step closer to building a brain on a chip.

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