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Ghana's digital migration deadline now March 2016

2015-07-02 19:50:52| Digital TV News

Ghana will migrate fully to digital terrestrial television (DTT) by March 2016, the Ministry of Communications, has stated. Ghana had identified funding sources to implement the project at a cost of US$83 million.

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PayPal to acquire digital money transfer provider Xoom

2015-07-02 09:04:00| Telecompaper Headlines

(Telecompaper) PayPal said it has agreed to acquire Xoom, a digital money transfer provider, for USD 25 per share in cash, bringing the total entreprise value to USD 890 million. The deal, at a 32 percent premium over Xoom's three-month volume-weighted average share price, was unanimously approved by the boards of directors of both companies, as well as the board of PayPal parent eBay. The acquisition will allow PayPal to offer a broader range of services worldwide, increase customer engagement and enter a growing adjacent marketplace, the company said. Xoom is present in 37 countries, and in particular in Mexico, India, the Philippines, China and Brazil. Due to anticipated one-time integration costs, the transaction is expected to be slightly dilutive to PayPal's non-GAAP earnings per share for 2016. PayPal intends to fund the deal with cash on its balance sheet.

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As China pursues 'internet plus' strategy, Modi revives campaign for digital India

2015-07-02 03:45:50| Steel - Topix.net

Indian prime minister Narendra Modi waves as Cyrus Mistry , chairman of Tata Group, watches during the launch of 'Digital India Week'A in New Delhi on July 1, 2015. Photo: Reuters India is reinvigorating an US$18 billion campaign to provide fast internet connections for all, with a "digital week" aimed at popularising Prime Minister Narendra Modi's campaign promise to connect 250,000 villages in India by 2019.

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'Digital India' mission received overwhelmingly by IT industry: Cyrus Mistry

2015-07-01 16:07:12| Steel - Topix.net

Tata Group chairman Cyrus Mistry on Wednesday lauded the Central Government's vision of Digital India, adding that the initiative has been received overwhelmingly by the IT industry. "The Government of India's Digital India programme has been received overwhelmingly and with enthusiasm by the industry.

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Nilpeter to launch digital press at Labelexpo

2015-07-01 07:00:00| Label and Narrow Web Breaking News

The DP-3, part of the PANORAMA product line, combines Nilpeter's expertise in web handling with advanced inkjet technology.

Tags: press digital launch digital press

 

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