PC maker Lenovo says profit up 59 percent Lenovo Group, the world's second-largest personal computer maker, said Wednesday its quarterly profit rose 59 percent over a year earlier on record sales. Advertisement:
 OmniVision’s 16-megapixel smartphone camera sensors support 4K resolution
OmniVision on Tuesday announced the OV16820 and OV16825 smartphone camera chips. The two sensors support up to 16-megapixels and can capture video at a 4k resolution, known as Quad Full High Definition (QFHD), at 60 frames per second. “It was an industry-wide assumption that smartphones would cut into DSC/DVC sales; but at higher resolutions, we’re seeing a very distinct divide between the two markets and both remain strong,” said Devang Patel, senior product marketing manager at OmniVision. “Industry experts have observed that mainstream DSC products are shifting to 16-megapixel resolutions and are offering improved image quality and optics. The OV16820 supports such offerings, allowing DSC/DVC manufacturers to provide consumers a high-resolution, feature-rich point and shoot photography experience, while the OV16825
SpaceX: Multimillionaire's Ship in Orbit The SpaceX Falcon rocket launch came off successfully this morning; carrying routine supplies for the International Space Station -- and maybe beginning a new era, in which private enterprise handles missions only NASA could before.
  Regulators, investors turn up heat over Facebook IPO
(Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. Facebook shares closed 8.9 percent lower at $31, following an 11 percent plunge on Monday. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...
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