TEHRAN, Iran (AP) – Iran claimed Sunday that it had reverse-engineered an American spy drone captured by its armed forces last year and has begun building a copy. Gen. Amir Ali Hajizadeh, chief of the aerospace division of the powerful Revolutionary Guards, related what he said were details of the aircraft’s operational history to prove his claim that Tehran’s military experts had extracted data from the U.S. RQ-170 Sentinel...

SAN FRANCISCO (Reuters) - Google executive chairman Eric Schmidt and billionaire co-founder Larry Page have teamed up with “Avatar” director James Cameron and other investors to back an ambitious space exploration and natural resources venture, details of which will be unveiled next week. The fledgling company, called Planetary Resources, will be unveiled at a Tuesday news conference at the Museum of Flight in Seattle,...

According to TUAW: Goldman Sachs sees a rosy future for Apple despite recent stock dips, expecting stock prices to hit $750 and advising investors to buy ahead of next Tuesday’s earnings report. AppleInsider reports that analyst Bill Shope estimates that Apple sold 31.1 million iPhones and 12.5 million iPads in the previous quarter. Mac sales are expected to be “lackluster,” he said, but better than Wall Street’s...

The government’s controversial plans to allow intelligence agencies to monitor the internet use and digital communications of every person in the UK suffered a fresh blow on Tuesday when the inventor of the world wide web warned that the measures were dangerous and should be dropped. Sir Tim Berners-Lee, who serves as an adviser to the government on how to make public data more accessible, says the extension of the...

The Discovery shuttle flew for the last time Tuesday, beginning in Cape Canaveral, Fla., on the back of a 747, looping around the monuments in Washington D.C., and landing in Virginia, where it will ultimately be transferred to the Udvar-Hazy annex of the Smithsonian Air and Space Museum. In Washington, onlookers left buildings and stood on rooftops to watch the shuttle and its escort circle the city. NASA retired the shuttle program last month...

Acclaimed French designer Phillippe Starck revealed in a recent interview that he has been working with Apple on a “revolutionary” new product that will be revealed within the next 8 months. Given that Phil Ives is rumoured to have a 50 inch Apple Television inside his home currently, I am almost CERTAIN that we will finally see the Apple Television this Christmas season, and it’s going to sell like crazy.  I’m...