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Finland : Stora Enso to invest Usd 43 million in Demonstration Plant in Louisiana, Usa
2014-09-06 12:52:54| Paper - Topix.net
The plant will be utilized for industrial validation of the recently bought extraction and separation technology developed by Virdia that allows cellulosic biomass, like wood or agricultural waste, to be transformed into highly refined sugars.
Google to pay USD 19 mln to settle in-app charges complaint
2014-09-04 19:40:00| Telecompaper Headlines
(Telecompaper) Google has agreed to settle a Federal Trade Commission complaint alleging that it unfairly billed consumers for millions of dollars in unauthorised charges incurred by children using mobile apps downloaded from the Google Play app store for use on Android mobile devices. Under the terms of the settlement, Google will provide full refunds, with a minimum payment of USD 19 million, to consumers who were charged for kids' purchases without authorisation of the account holder. Google has also agreed to modify its billing practices to ensure it obtains express, informed consent from consumers before charging them for items sold in mobile apps.
Verizon to pay USD 7.4 mln to settle FCC data privacy probe
2014-09-04 09:27:00| Telecompaper Headlines
(Telecompaper) Verizon Communications has agreed to pay the Federal Communications Commission USD 7.4 million to resolve an investigation into the company's use of personal consumer information for marketing purposes. The FCC accused Verizon of failing to inform around two million new customers about their rights to opt out of having their information used for marketing purposes. The company didn't provide the required notices back in 2006 and didn't even become aware of the issue until September 2012. Verizon then failed to notify the FCC of the problem until 18 January 2013, some 126 days later, which is far in excess of the 5 business days the FCC requires. The fine is the largest payment ever received by the FCC in an investigation into the use of customers' personal information. Verizon will now be required to print opt-out notices on every bill for the next three years, not just the first one sent to customers.
IndoorAtlas receives USD 10 mln investment from Baidu
2014-09-03 09:29:00| Telecompaper Headlines
(Telecompaper) IndoorAtlas, a provider in magnetic positioning technology for indoor location, agreed to a USD 10 million investment from Chinese search engine Baidu. IndoorAtlas also announced it is signing an exclusive agreement for the Chinese market with Baidu. Through this partnership, Baidu intends to strengthen its indoor mapping offering in China. The company will be using the funding towards ramping up R&D, engineering and business development in the US, Asia, and Europe.
Tags: investment
usd
receives
baidu
Sprint launches USD 60 Unlimited Plan
2014-08-21 21:15:00| Telecompaper Headlines
(Telecompaper) Sprint has officially launched its USD 60 Unlimited Plan, providing consumers unlimited talk, text and data. The new plan will be available to both new and existing Sprint customers beginning 22 August. To qualify for the plan, customers much purchase their device through Sprint Easy Pay, pay full retail price or bring their own compatible device. The new offer from Sprint presents a direct challenge to T-Mobile, which offers the same plan with LTE access at USD 80. T-Mobile responded to Sprint's announced with a new customer referral programme, offering a free unlimited LTE data upgrade for a year to Simple Choice customers who refer a new customer from Sprint, Verizon or AT&T.
Tags: plan
usd
unlimited
sprint
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