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The ability to manufacture photonic interconnect components -- modulators, detectors, waveguides, and filters -- on silicon substrates has finally been realized, and these optical interconnect structures show great potential for intrachip and interchip applications. HP Labs is studying how this shift to light-based interconnects may revolutionize the way computers are built. Moray McLaren of HP will present his findings at the Optical Fiber Communication Conference and Exposition/National Fiber Optic Engineers Conference, March 4-8 in Los Angeles.

Transaction costs suck up to $50 billion a year out of the economy. But they could be on their way out. Here's why.

The standard 35 mm film we're all used to seeing in movie theaters will be replaced worldwide by digital technology in the next few years, and the hit blockbuster film "Avatar" is to blame for the shift, according to a new report. [More]

This chart shows the shift in the U.N. development index for Norway (top purple), the U.S. (second purple), Turkey (green) and the Democratic Republic of the Congo (red) from 1990 to 2011 If global development were a horse race, would you put your money on the slow-and-steady contenders or a fast new contender