After three years without a winner in a NASA-backed competition to develop the science fiction space elevator concept, a team from Seattle on Friday collected $900,000 after its laser-powered robotic machine raced up more than 2,950 feet (nearly 1 kilometer) of cable dangling from a helicopter.
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EBay Inc. says a group of investors who are buying the majority of its telecommunications service, Skype, agreed to settle a legal skirmish with Skype's founders.
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