Western Europe will lose its Mitsubishi manufacturing plant

Mitsubishi motors has announced on Monday that it will close its Netherlands manufacturing plant (NedCar) by the end of the year 2012.

This stoppage of production in Europe would be the result of financial crisis faced by the company in different countries.

“In ending production in Europe, Mitsubishi is taking its first steps to concentrate production in places like Thailand that are selected as export hubs,” said Takeshi Miyao, a Tokyo- based analyst at industry researcher Carnorama. “Demand in Europe is slipping, so they may have chosen to end production there first.”

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Mobile technology innovators at one place by Best Buy

Best Buy has introduced two videos at its official youtube channel. In one video for its annual Super Bowl commercial, many different innovators have been introduced.

This video is titled as Phone Innovators and is about 30 seconds in duration.

The other video slightly detailed the innovations by the mobile technologists. This video is titled as Mobile Innovators and is about 3 minutes in duration.

Mark Durcan is the new CEO at Micron Technology Inc.

Micron Technology Inc., semiconductor firm's CEO Steve Appleton died in a plane crash last week and in this time the company has announced Mark Durcan as new CEO.

"Steve was a true friend who will be dearly missed by all of us," said Mark Durcan, Micron President and Chief Operating Officer. "Our thoughts and prayers are with his family and our team members as we all grieve this tragic loss."

"Mark has been instrumental in Micron's success in his role as President and COO and has garnered the respect of the company, his team members and the industry at large." said Micron director Robert Switz.


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Vodafone and Wind Hellas has terminated the merger deal

Vodafone has announced on Monday that

Vodafone Group and Largo Limited, the sole shareholder of Wind Hellas, confirm that they have agreed to terminate discussions relating to a potential business combination between Vodafone Greece and Wind Hellas.

The discussions about the merger started back in August.

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VFCache by EMC is a faster retrieval project

EMC has integrated solid state storage drive (SSD) with high speed PCIe connection for faster retrieval of the data from the storage area.


According to the company, VFCache could increase the speed by up to 4000 times than usual disk drives. Moreover, there will be 3x throughput improvement and 50% cut in latency.


EMC has still unveiled this device for the Web-based companies and high speed markets such as financial transaction systems and trading applications but it has plans to introduce its "Thunder" system for the broader market soon.


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Green tea is beneficial in reducing disabilities; Research

Researchers have worked on more than 45,000 people in the age range of 65 or above for three years and found that these people were more active and have more capability to do daily activities as compared to those who are not green tea drinkers.

This research has been published online in The American Journal of Clinical Nutrition.

"Green tea consumption is significantly associated with a lower risk of incident functional disability, even after adjustment for possible confounding factors," Researchers wrote.

Researchers have found that at least five cups per day consumption can help in reducing disabilities to one third as compared to one cup per day consumption.

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Research; Prehistoric species of crocodile

Researchers from University of Missouri have discovered a species of crocodile that is about 95 million years old.

They have named it as "Shieldcroc".

“Aegisuchus witmeri or ‘Shieldcroc’ is the earliest ancestor of our modern crocodiles to be found in Africa,” said Casey Holliday, co-researcher and assistant professor of anatomy in the MU School of Medicine. “Along with other discoveries, we are finding that crocodile ancestors are far more diverse than scientists previously realized.”

According to researchers, this species can help in further studies related to prevention from extinction and protection from bad environments.

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