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European company invents flying replica of goshawk.
CEO Randy Falco cites deepening recession and desire to focus on core businesses as rationale for consolidation plan and 10 percent workforce reduction.
In wake of rumors that Yahoo might partner or merge with the Time Warner unit, Chief Executive Randy Falco sends memo to employees. But he doesn't say much.
SmartBird by German-based Festo can fly, take off, and land autonomously. Good thing it doesn't like fouling statues.
The "BirdXPeller" makes them think there's a predator nearby.
It supposedly simulates a bird's flight by using "realistic flapping wing movements."
AOL sends e-mail to U.S. employees saying on Tuesday it will begin cutting its worldwide workforce by 2,000.
The "Automower Solar Hybrid" is a greener version of the Roomba of lawnmowers.
Time Warner has hired Google's Tim Armstrong to head up the ailing AOL unit, as the company tries to figure out what to do with the troubled online property.