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Nokia to give billions back to shareholders as sales dip

2015-10-29 13:41:16| Telecom - Topix.net

" Telecom networks company Nokia saw its shares rise on Thursday after it raised its outlook for the year and said it would distribute 4 billion euros to shareholders, despite a drop in third quarter earnings. Revenue in the period was down 2 percent from a year earlier at 3.03 billion euros due to lower demand in North America and Europe.

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How telcos plan to make billions by selling and combining customer data

2015-10-28 13:42:20| Extremetech

A new report tracks how telcos in the US are raking in cash by selling and marketing their own user's information -- with revenues expected to triple by 2020.

Tags: make data plan customer

 
 

Climate Change Is Already Costing Us Billions of Dollars Every Year

2015-10-25 20:21:00| Climate Ark Climate Change & Global Warming Newsfeed

Motherboard: Climate change has already begun to cost us, and its only going to get worse. Hurricanes, intensified in size and frequency by climate change, are taking a massive financial toll already, according to a new paper. The study, published in Nature Geoscience this week, found that an increase in property dollar amounts lost over the past several decades in a case study was due to hurricanes intensified by global warming. Conducted by researchers from the Universidad Nacional Autónoma in Mexico and...

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Oslo wants to ban cars city center and divest billions from fossil fuels

2015-10-21 02:08:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: There goes Norway making the rest of the world look like crap again. The Guardian reports that the Oslo city government recently proposed a ban on private vehicles in the city center after 2019. In addition, the city government - a coalition of the newly elected representatives from the Labour Party, the Socialist Left, and the Green Party - plans on divesting its $9 billion pension fund from coal, oil, and gas companies. The capital of Norway`s city center isn`t highly residential - only 1,000...

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Study: Climate change adding billions to US hurricane costs

2015-10-19 19:55:00| Climate Ark Climate Change & Global Warming Newsfeed

USA Today: The economic cost of U.S. hurricane strikes has increased dramatically due to man-made climate change, says a study out Monday. "The rise in losses is consistent with an influence of global warming on the number and intensity of hurricanes, an influence which may have accounted for 2% to 12% of the U.S. hurricane losses in 2005," according to the study. In 2005 alone, climate change was likely responsible for close to $14 billion of additional damage, including the part of the devastation from...

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