NEW YORK (GenomeWeb News) – In a speech to the National Academy of Sciences this morning, US President Barack Obama argued his case for increasing funding in basic science, particularly increases in the White House's budget proposal for 2010, and a plan to double the budgets for the National Science Foundation, the National Institute of Standards and Technology, and the Department of Energy's Office of Science.

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CNBC reports that Amazon invested in the startup Grail as it sees an opportunity for its cloud computing company in genomics.

Lawrence Krauss writes at Slate that science is needed for good public policy and should not be ignored.

Researchers are working on re-making the yeast genome from scratch, according to the Associated Press.

In Cell this week: functional profiling of Plasmodium genome, a self-inactivating rabies virus, and more.