Nortel's $9 billion (#5.3 billion) acquisition of Bay Networks has already hit its balance sheet as the Canadian telco equipment maker posted a $306 million (#180 million) loss in its third quarter results. Revenues increased 18% to $4.14 billion (#2.44 billion), while sales in the US, Asia Pacific, Caribbean and Latin America increased "substantially" over the quarter. Its enterprise sector saw the biggest growth at 33%, followed by 15% for carrier networks. On the positive side, Nortel Networks has created 150 engineering jobs at its research and development facility in Monkstown, Northern Ireland. The site specialises in synchronous digital hierachy (SDH) fibre optic multiplexers, which help carry data at up to four times the speed of traditional fibre networks.
New regulation expected to cut greenhouse gas emissions by about 17 million metric tonnes between 2020 and 2050
Molybdenum ditelluride is a two-dimensional material that can be easily stacked into multiple layers to create a memory cell
New light-guiding nanoscale device can control and monitor a nanoparticle trapped in a laser beam with high sensitivity
Optical traps are scientific instruments in which a focused laser beam is used to exert an attractive or repulsive force on a microscopic object to hold it in place
Scientists estimate that the exoplanet has already lost up to 35 per cent of its mass over its lifetime