Crowdfunded Ubuntu Edge smartphone breaks $10m barrier

If you decided to fund your next car purchase by begging for money on a street corner and promising people that you would get a really sweet ride with the money, you would be treated like the tramp that you are. If you go on Kickstarter/Indiegogo or any other crowdfunded site, you are an entrepreneur who knows how to hustle and you are sticking it to the man (VC/Angel/Rich Uncle Larry).   

NSA pays £100m ($150m) in secret funding for GCHQ

The US government has paid at least £100m to the UK spy agency GCHQ over the last three years to secure access to and influence over Britain's intelligence gathering programmes. The top secret payments are set out in documents which make clear that the Americans expect a return on ...

Beats plans to spin out Daisy music streaming service

Apple's reportedly in talks with Beats Electronics - the high-priced -headphone maker founded by hip-hop producer Dr Dre and music mogul Jimmy Iovine - about its planned Daisy music streaming service.

Atari files for bankruptcy, hopes to raise some cash

Iconic games developer Atari has filed for Chapter 11 bankruptcy protection in the US, in an effort to split from its parent company.

Manned Mars mission wins initial funding

Dutch company Mars-One says it's won enough sponsorship money to create a reality TV show which it hopes will in turn fund a manned trip to Mars.

Big pharma joins fight against tropical diseases

Some of the world's biggest pharmaceutical companies have teamed up with the Bill & Melinda Gates Foundation, pledging to eliminate or control ten neglected tropical diseases (NTDs) by 2020.

Chimps exempted from almost all medical research

The US has significantly tightened its rules on the use of chimpanzees in medical research, ruling it out except for cases in which there's no other valid testing method.

SETI to check out Kepler exoplanets for signs of alien life

Scientists at the SETI Institute are to pop their headphones back on and start listening out for aliens once again, thanks to new funding.

Top US scientists warn against 'clear-cutting' research programs

As US policymakers debate cutting science spending, more than 140 scientific societies and universities have joined forces to urge US policymakers not to cut out entire programs.

Senator slams National Science Foundation for 'waste'

A senator known for his opposition to unnecessary government spending has hit out at the National Science Foundation in a 73-page report.

Mobile gaming market booming thanks to iPhone & Facebook

Online gaming is bigger than ever thanks to Facebook and mobile devices like Apple's iPhone.  

Report: Facebook valued at $100 billion+

Facebook has exceeded all predicted profits as reports say it’s on track to make $2 billion this year alone, revaluing the company at a staggering $100 billion or more. 

SETI to mothball alien-seeking telescopes

A shortage of funding has forced SETI's Allen Telescope Array (ATA) - used to search for signs of alien life - to shut down.

Phone recycling machines set to appear on street corners

How many old phones and other gadgets do you have sitting around at the back of a drawer? You could soon turn them into instant ready cash - and incidentally help the planet - simply by dropping them into a slot.

Republicans must think knowledge grows on trees

I have long believed that the USA is a profoundly anti-intellectual country, in spite of America’s (paradoxical) belief in its technological and intellectual superiority over the rest of the world.

Fastest-ever man-made craft gets EU go-ahead

The EU has agreed funding for a project to create the largest and fastest man-made craft in history.

ESA extends 11 missions until 2014

The European Space Agency has decided to give a new lease of life to 11 of its operating space science missions. All are coming to the end of their funding - but still delivering important scientific results.

Fusion reactor gets EU go-ahead

The Iter fusion reactor has got the go-ahead for completion after the EU agreed additional funds.