Daily Marauder

TECHNOLOGY

(Below) But what if people no longer want to use optical drives?

Researchers at the Swinburne University of Technology in Australia report that they have developed optical-disc technology that will allow for the storage of 1.6TB of content, about 32 times what a 50GB Blu-ray disc can hold. And the researchers apparently have struck a deal with consumer-electronics powerhouse Samsung to use the technology once it is perfected. Electronista (5/20)

After reporting a 3.2% revenue drop in its second fiscal quarter, Hewlett-Packard this week announced plans to cut 2% of its work force, accounting for about 6,000 jobs, over the next year. Overall, however, the results were in line with Wall Street expectations. “We’re pretty pleased with the results,” said Bill Kreher, an Edward Jones analyst, though he added that “we’re not seeing clear signs of a pickup” in the tech market. The Wall Street Journal (5/20)