Triathlon Finds A Fountain Of Youth Once the domain of the middle-aged, the triathlon has taken off on campus.... Read Full Article Saddam Speaks From Beyond Grave To Give Orders On Genocide Read Ned Parker’s blog from inside Iraq Saddam Hussein spoke from beyond the grave when prosecutors played a purported audiotape of his voice yesterday during the trial for the genocide of Iraqi Kur... Read Full Article Qualcomm Fights To Set Mobile TV Standard Qualcomm, the American wireless technology developer, has entered the battle to set the standard for mobile television in the UK by buying spectrum from Ofcom, the communications regulator.... Read Full Article China Police Shoot Dead Hostage Taker A trip to China’s famed terracotta warriors took a terrifying turn for a group of Australian tourists when they were taken hostage by a man claiming to be carrying explosives.... Read Full Article Microsoft Completes Aquantive Purchase Microsoft has completed the largest purchase in its history, sealing its $6 billion takeover of Internet advertising firm Aquantive.... Read Full Article |
Awarder Of Space Prize To Add OthersSAN FRANCISCO, Jan. 31 — Reduce poverty, win millions. The X Prize Foundation, which awarded $10 million to the maker of a private space vehicle in 2004, said Wednesday that it was starting a broad fund-raising campaign to raise $50 million. The money will be used to reward other innovators. Over the next few years, the group plans to create contests that spur innovative thinking about poverty, energy consumption and health care, among other issues, said Tom Vander Ark, president of the foundation, which is based in Los Angeles. The group said it was holding a March 3 event at Google’s headquarters to kick off the new fund-raising effort. Mr. Vander Ark said the group planned to award $200 million or more in 10 to 15 new prize categories over the next five years. The X Prize “takes action by clearly defining the goal and providing the incentive for progress,” Mr. Vander Ark said in a statement. The group is starting a contest to reward development of a hyperefficient car, able to get at least 100 miles a gallon. The car must be in production and available for purchase. The prize is likely to be $25 million, Mr. Vander Ark said. It awarded a $10 million purse to a company led by the aircraft designer Burt Rutan and the Microsoft co-founder Paul G. Allen. They built a vehicle that went into suborbital space in 2004. Last October the foundation announced that it would award $10 million for technology that can map 100 human genomes in 10 days. Tag CloudExternal InformationAdditional InformationDrug Maker Fined in Plavix Case...Burren Energy soars on £1.4bn Eni bid... Retailers braced for icy blasts a Easter falls at earliest since 1913... 2 Big Manufacturers Upbeat on Next Year... Where Am I?News Main Page - Business - Awarder Of Space Prize To Add Others |
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