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Telecom Giants Join Facebook's Open Compute Project As Pressure Mounts For Cisco

2016-01-28 19:08:58| Telecom - Topix.net

Telecom heavyweights joined Facebook's Open Compute project on Wednesday, bringing more heft to the social media giant's crusade to bring low-cost data center gear to the masses and potentially jeopardizing Cisco's dominance in the carrier infrastructure space. U.S.-based AT&T and Verizon, German carrier Deutsche Telekom, British mobile network operator EE and South Korea's SK Telecom signed on to back Facebook's foundation for open-source data center design.

Tags: join open project pressure

Sugar levels to be cut by food and drink giants

2016-01-23 14:46:19| Beverages - Topix.net

Sugar levels are set to be reduced by food and drink giants as they vow to cut the nation's calorie consumption. And on top of shrinking the size of popular products to bring them in line with healthy-eating guidelines, ads targeted at the under-16s will also be avoided.

Tags: food levels cut drink

Oil Giants Start Losing Safety Net as Refining Margins Squeezed

2016-01-19 21:03:24| Oil & Gas - Topix.net

Refining profits that buttressed earnings for Exxon Mobil Corp. and Royal Dutch Shell Plc as crude prices plunged are now slumping, further pressuring all of the world's biggest oil companies as they move into 2016. Global refining margins, the estimated profit from turning oil into gasoline and diesel, fell 34 percent in the fourth quarter, the steepest decline in eight years, to $13.20 a barrel, data on BP Plc's website show.

Tags: net start safety oil