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SAN FRANCISCO, Nov. 21 (Xinhua) -- Hewlett-Packard Co. (HP) on Monday reported that its profit in the most recent quarter fell more than 90 percent with sales also declining.In the company's fourth quarter of fiscal 2011 ended Oct. 31, the company posted net earnings of 239 million U.S. dollars, compared with 2.54 billion dollars in the same period a year earlier.HP's net revenue for the quarter reached 32.1 billion dollars, down 3 percent year-on-year.Excluding one-time items, HP earned 1.17 dollars per share, which topped estimates of analysts.According to Thomson Reuters, analysts had expected earnings of 1.13 dollars per share on revenue of 32.05 billion dollars.It was the first earnings report since Meg Whitman took over as chief executive officer (CEO) of the information technology giant on Sept. 22, replacing Leo Apotheker."HP has a great opportunity to build on our strong hardware, software, and services franchises with leading market positions, customer relationships, and intellectual property," Whitman said in a statement after the earnings announcement."We need to get back to the business fundamentals in fiscal 2012, including making prudent investments in the business and driving more consistent execution," she added.

SAN FRANCISCO, Nov. 14 (Xinhua) -- Google is running a secret research lab in the San Francisco Bay Area, where the tech giant invests to experiment and invent what may be world-changing technologies for the future, U.S. media reported on Monday.According to The New York Times, at the lab dubbed Google X, engineers are working at some 100 projects from robots, smart refrigerators to Internet-enabled dinner plates and a "space elevator," a proposed non-rocket space launch structure.An unnamed Google engineer familiar with the lab told the newspaper that it was run as mysteriously as the CIA with two officers, a nondescript one for logistics on the company's Mountain View campus and one for robots in a secret location.Scientists working at the lab include many roboticists and electrical engineers hired from Microsoft, Nokia labs, Stanford, MIT, Carnegie Mellon and New York University. Google's co-founder Sergey Brin is said to be "deeply involved" in Google X.The lab is reportedly headed by Sebastian Thrun, one of the world's top robotics and artificial intelligence experts. He teaches computer science at Stanford University and invented the world's first self-driving car.A Google spokeswoman would not confirm the existence of the lab, but said Google likes to invest in speculative projects."While the possibilities are incredibly exciting, please do keep in mind that the sums involved are very small by comparison to the investments we make in our core businesses," she told The New York Times.

WASHINGTON, Jan. 19 (Xinhua) -- New research published this week in Nature Medicine indicates that targeted drugs such as gefitinib might more effectively treat non-small cell lung cancer if they could be combined with agents that block certain microRNAs.The study, led by investigators with the Ohio State University Comprehensive Cancer Center, shows that overexpression of two genes called MET and EGFR causes the deregulation of six microRNAs, and that this deregulation leads to gefitinib resistance.The findings support the development of agents that restore the levels of these microRNAs. It offers a new strategy for treating non-small cell lung cancer, which is responsible for about 85 percent of the 221,000 lung-cancer cases and 157,000 deaths that occur annually in the United States. It also suggests that measuring the expression levels of certain microRNAs -- those controlled by the MET gene -- might predict which lung-cancer cases are likely to be resistant to gefitinib.Epidermal growth factor receptor (EGFR) is frequently overexpressed in non-small cell lung cancer, and this leads to uncontrolled cell proliferation. Gefitinib selectively inhibits EGFR activation and triggers cancer cells to self-destruct by apoptosis. However, non-small cell lung cancer cells inevitably develop resistance to the drug. The study reveals how this resistance occurs."Our findings suggest that gefitinib resistance that is caused by MET overexpression is at least partly due to miRNA deregulation, " says principal investigator Carlo Croce.

DUBAI, Oct. 9 (Xinhua) -- While many fairs in crisis-ridden Middle East struggle to attract sponsors and exhibitors, the Gulf Information and Technology Exhibition, or GITEX, which opened Sunday, has a different challenge: a lack of space due to the huge number of participants and professional visitors.The largest information and communication technology (ICT) trade fair in the Middle East occupied the entire 14 halls of the Dubai International Convention and Exhibition Centre in the heart of the sheikhdom. Some 3,500 exhibitors from 57 countries and regions display the latest cry of modern PC office and mobile technology, hard- and software and all kinds of related accessories. Over 130,000 visitors are expected to visit the ICT congress.Kazakhstan, Latvia, Malta, and Morocco participate for the first time. Besides, well-known giant brands such as Huawei, Intel, Microsoft or Blackberry, hundreds of small and medium enterprises participate this year."We are exhibiting for the second time here. It is worth coming, " said Dr. Andrej Vckovski, CEO of Swiss enterprise software producer netcetera from Zurich. "We already won a contract from the Health Authority in Abu Dhabi and we plan to expand to Qatar."The annual ICT spending in the Gulf Arab region alone is expected to grow by 15 percent and to reach 180 billion U.S. dollars in 2014.While e-users still have to wait for Windows 8 from Microsoft, Huawei Technologies demonstrates its latest Cloud Computing solutions. Cloud Computing describes the process where many firms share the same server simply through software, instead of running expensive independent servers at their premises.The fair has also a lot of firsts on its agenda. Nokia launches the N9 mobile phone in the region for the first time. Research in Motion or RIM from Canada shows its new Bold 9900 Blackberry smart phone. Panasonic showcases its planned solar-energy run community for 3,000 citizens in Fujisawa near Tokyo."We plan to finish construction and launch this full-fledged Green Community in 2018, when Panasonic will celebrate its 100 years anniversary," said Muneo Yamamoto, Technical Manager Systems Solutions at Panasonic.Symantec launches Endpoint Protection 12, Cloud Security software. "Security is currently the top priority for organizations across the Middle East," explained Bulent Teksoz, Chief Security Strategist for Emerging Markets at Symantec.According to the NASDAQ-listed software provider, 76 percent of United Arab Emirates residents have fallen victim to Cyber Crime in 2010, and Saudi Arabia remains the most spammed country in the world, with a spam rate of 84 percent, albeit global spam is decreasing.A parallel Gitex conference hosts leading experts from the ICT industry for presentations and discussions around the latest trends and challenges. For retail consumers, the Gitex Shopper Fair at the Dubai Airport Expo offers everything from laser printers to iPads, from Smart Phones to CD. Due to the discount sellers offer at the Gitex Shopper, the consumer fair is a popular hub for bargain hunters.

CANBERRA, Oct. 4 (Xinhua) -- A visiting U.S. obesity expert, Kelly Brownell, on Tuesday called on Australia to make a start on taxing high-sugar soft drinks.As director of U.S. Yale University's Rudd Center for Food Policy and Obesity, Professor Brownell is in Canberra of Australia to attend the 46th Australian Psychological Society Annual Conference.He said soft drinks were a good place to start in the taxing of high-sugar foods because they were the single greatest source of added sugar in the average person's diet, had absolutely no nutritional value, were marketed aggressively and were linked with the risk for obesity and diabetes.While obesity has overtaken smoking as the leading cause of premature death and illness in Australia, he said the government should tax soft drinks in the same way it taxes cigarettes, because research showed that taxes had been the strongest influence on falling rates of consumption."We have seen how effective tobacco taxes have been in reducing rates of smoking, so there is no reason to believe such taxes wouldn't be as effective in reducing the consumption of high sugar and fat foods," Brownell, who was named by Time magazine as one of the 100 most influential people in the world, told the conference in Canberra on Tuesday. "A soft-drink tax is a good place to start. "Earlier this week, Denmark became the first country to impose a tax on food containing saturated fats, and Brownell said he completely supports Denmark's policy and that governments should act courageously to do whatever is effective in encouraging better eating habits.According to the Organisation for Economic Co-operation and Development report, Australia is ranked as one of the fattest nations in the developed world. The prevalence of obesity in Australia has more than doubled in the past 20 years, with more than 17 million Australians are overweight or obese.

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