Travelzoo’s revenues grew 12 per cent in the first quarter and shares of the online travel deal company rose by almost the same amount on Monday’s consensus-beating earnings.

Its Fly.com meta search engine, launched in beta in February, made a negligible contribution, but management sees major synergies from matching an engine that finds users the best flights with some of the hotel and holiday bargains its site and weekly newsletter offers to 15m subscribers. Read more

Lila Ibrahim and the new Classmate PC@CES, Las Vegas - Non-profit attempts to bring affordable computing to the developing world suffered a setback this week, while there were a couple of steps forward at the Consumer Electronics Show for commercial efforts.

Nicholas Negroponte, founder of One Laptop Per Child, announced a 50 per cent cut in his team and pay cuts for the remaining 32 people. Read more