Seagate Introduces Perpendicular 2.5-Inch Disc Drive

Seagate Technology has announced the world's first 2.5-inch disc drive built on perpendicular recording technology The 160GB Momentus notebook has 25% more capacity than the largest capacity notebook drive currently on the market.

Greenberg Leaves AIG’s Board

Former chairman and CEO of insurance group American International Group (AIG), Maurice "Hank" Greenberg, has resigned from the company's board.