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Australia

Australian Billionaire Plans To Build Titanic II 289

SchrodingerZ writes "Just in time to miss the 100-year anniversary of the fatal voyage of the Titanic, Australian mining billionaire Clive Palmer announced he has plans to recreate the Titanic, calling it Titanic II. 'It will be every bit as luxurious as the original Titanic but of course it will have state-of-the-art 21st Century technology and the latest navigation and safety systems,' says Palmer. He stated it was to be as close to the original as possible, with some modern adjustments. Its maiden voyage is set for 2016."
Power

Can World's Largest Laser Zap Earth's Energy Woes? 372

newviewmedia.com writes "Scientists at the Lawrence Livermore National Laboratory plan on using a laser the size of three football fields to set off a nuclear reaction so intense that it will make a star bloom on the surface of the Earth. If they're successful, the scientists hope to solve the global energy crisis by harnessing the energy generated by the mini-star."
Businesses

Deposit Checks To Your Bank By Taking a Photo 494

Pickens writes "The Mercury News reports that consumers will soon be able to deposit a check by snapping a photo of it with a cell phone and transmitting an encrypted copy to their bank. Although some critics contend paperless deposits are an attempt by the banking industry to eliminate 'float,' the standard one- or two-day waiting period between the time someone writes a check and the time the money is actually taken out of their account, actually remote-deposit capture started out as a way for big companies and financial institutions to process huge numbers of checks without having to ship them around the country. 'Our customers are becoming more and more tech-savvy,' said an SVP for mobile banking at Citibank. 'We're trying to support those people on the go.' Although the process adds a new wrinkle to concerns about fraud and the privacy of financial data, banks and the technology companies helping them say they have largely overcome these concerns. Another bank SVP said, 'For many institutions struggling to raise deposits and differentiate, this is an outstanding offering they can roll out inexpensively [note: interstitial]. It's a sticky product.'"

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