Microchip manufacturer AMD Inc announced that its Chief Financial Officer Thomas Seifert would be become interim chief executive with immediate effect to replace company’s CEO Dirk Meyer, who stepped down on Monday.

AMD, the world’s second biggest microchip manufacturer, said that the Meyer’s decision to resign was ‘mutual’. But, analysts are of the view that AMD’s recent disappointing financial performance and rival firm Intel's record revenue forced the company board to look for a new chief.

U. S. communications regulator, the Federal Communications Commission has at last released its new net neutrality regulations, which are believed to "clear" and easy to understand.

The new regulations will allow Internet Service Providers (ISPs) to charge customers for internet on the basis of their usage.

The Pentagon is planning to introduce an advanced imaging gear for its troops that will allow them see dangers in real time and will be able to judge objects from a distance of a kilometer.

The Pentagon's far-out research branch, Darpa revealed the new Soldier Centric Imaging via Computational Cameras effort, or SCENICC. The system digitally captures a kilometer-wide, 360-degree sphere and will show an image into 3-D on wearable gadget.

Nothing is perfect in this world, and Google’s recently unveiled Chrome OS-based laptop, the CR-48, is no exception.

The CR-48 laptop has several striking features such as flash chips for storage instead of hard drives, web-based apps that do away with the need to buy program discs and download large apps and the Chrome browser packed with icons for basic apps like that of getting started app, links for YouTube, Google Maps, Gmail, Google Talk, the Chrome Web Store and a note-taking app, known as Scratchpad. It boots up in no time. There is no need to press power button.

Social networking site Facebook has turned down the rumors which suggested that pedophiles are behind a viral Facebook campaign to replace profile photos with cartoon characters.

The campaign, called Facebook cartoon profile pic, has been urging users to swap a cartoon character for their usual profile photo. The campaigners believe that the move will help in fighting against child abuse.

But, some reports claimed that the group urging Facebook users to swap their profile photos with their favorite cartoon characters is in fact a group of pedophiles.

Verizon Wireless has finally rolled out its much-awaited 4G LTE (Long Term Evolution) wireless service to the public in thirty-eight major metropolitan markets across the United States.

The company claims that its new service will be able to deliver speeds around 10 times as fast as today’s 3G networks. The service will offer download speeds of 5Mbps to 12Mbps and upload speeds of 2Mbps to 5Mbps to as many as 110 million people.

A battery-powered electric car successfully completed a whopping 16,000 mile journey from Alaska to Argentina.

The electric car, dubbed SRZero, is developed at Imperial College's Energy Futures Lab. The combined cost of SRZero car and the trip stood at £750,000, but those envolved in the project saved a packet on petrol as the car was able to travel for 372 miles on a single charge that cost merely £3. The car has a top speed of 200km per hour.

English actor Stephen Fry posted a tweet stating he would pay the fine slapped on a trainee accountant had sent a tweet message threatening to blow up an airport.

In January, 27-year-old Paul Chambers had used microblogging site Twitter to threaten that he would blow Robin Hood Airport in Doncaster sky high after he learned that it was closed due to heavy snowfall.

Later, Paul Chambers claimed that he had just joked in frustration as the closure of the airport had disrupted his romantic travel plans.

Activision and Nintendo were involved in a bidding war to acquire British studio Rare, before Microsoft tabled successful counter offer.

Rare, which is well-known for the upcoming Kinect Sports and the original GoldenEye 007, was almost bought by Activision as the developer itself wanted to partner with Activision.

Ed Fries, the former vice president of game publishing at Microsoft, said that in the initial stage of the bidding war had emerged as the winner.

Partnership between phone maker Motorola and Italian sports car manufacturer Ferrari is well-known for producing elite smartphones.

The Motorola Milestone Ferrari Edition boasts of its remarkable features that facilitate it stand apart from others. It comes equipped with a 3.7-inch TFT capacitive touchscreen display with 16M colors support and a resolution of
480 by 854 pixels, full QWERTY keyboard with five-way navigation key, 3.5 mm audio jack, a 5MP photo snapper that features autofocus, dual-LED flash, video recording and geo-tagging.

A mobile application detecting breast cancer seems strange, but the findings of a research have recommended that the women in Scotland can monitor their breast on a regular basis with the help of a new mobile phone application.

The cancer charity, Breakthrough Breast Cancer in Scotland carried out a survey and discovered that nearly 47% of the women responded that they were not examining their breasts regularly for bumps or other signs of breast cancer.

The US firm, Fisker Automotive, is reported to be in plans to build five more models by 2016, its Chief Executive, Henrik Fisker posted. The Company is also in plans to unveil its rechargeable hybrid sports car.

Fisker is tagged among the two top automobile giants showcasing their designs in Paris that are planning a first-mover advantage in premium plug-in cars. This will be possible with the help of the US Government’s money and cheap the manufacturing assets which have been sold, following the crisis engulfing the Detroit car industry.

Free architectural tours will be hosted today by Diamond and Schmitt Architects, which is a part of opening ceremonies at Evergreen Brick Works.

Diamond and Schmitt have designed the new Centre for Green Cities and the Welcome Centre, and have pushed for the more environment friendly structures that should be built under new architecture plans.

To change the game, sustainable design would help, and the building scheme takes in a variety of experimenting and pioneering initiatives, in order to help it tread effortlessly on the land.

The Co-operative Bank, which is known for its ethics, has announced about its trial of Privilege and Privilege Premier Accounts this week.

The cost for its Privilege account is £114 and Privilege Premier Account is £156 a year. The bank has made an announcement for the customers to try these special accounts.

These accounts are designed to encourage people to shun free banking; instead they should go for packaged current accounts with added bonus.

Google marked the 120th birth anniversary of the queen of crime fiction Agatha Christie with a doodle on its home page.

Yesterday, Google doodle depicted Agatha Christie's fictional detective Hercule Poirot. The letter G on the Google's home page was transformed into the Christie's moustachioed detective, Hercule Poirot, which was enjoyed throughout the UK and Ireland by users of Google.co.uk.