‘BUSINESS’ News

Reuters: Time Warner Cable suffers major outage

Liquid Telecom (Adds Time Warner’s comment) By Jim Finkle, Marina Lopes and Alina Selyukh Aug 27 (Reuters) – Time Warner Cable Inc , the No. 2 U.S. cable operator, suffered a massive network outage on Wednesday due to suspected human error that cut Internet services to some...

CMO Asia awards Ericsson for Women Leadership in ICT Development

Award recognizes Ericsson Regional VP for Marketing and Public Affairs in Southeast Asia and Oceania, Stephanie Huf, for contributions to the company’s establishment in Myanmar Ericsson (NASDAQ: ERIC) Vice President for Marketing and Public Affairs for Southeast Asia and Oceania, Stephanie Huf, has been given...

Ericsson chosen for money platform in Peru

Asbanc, Peru’s national bank association, has chosen Ericsson to design and build what is claimed will be the country’s largest private initiative aimed at financial inclusion. The aim is to deliver the underlying infrastructure over which financial services can be pitched to the country’s mobile...

Google, five Asian telecom firms partner to build $300 million undersea cable to Japan

Liquid Telecom (Reuters) – Search engine Google Inc and five Asian telecom and communications companies have agreed to invest about $300 million to develop and operate an undersea cable trans-Pacific cable network connecting the United States to Japan. To be named “FASTER,” the cable network will have...

European Court of Justice to Rule If Bitcoin is VATable

The European Court of Justice will rule if bitcoin transactions are subject to its value-added tax rules (VAT). If that top court decides to impose VAT regulations on member nations with bitcoin businesses, they could suffer an economic setback. Others could miss out on the...

Washington: US to woo Africa with billions in new funding deals

WASHINGTON — The US will announce nearly $1bn in business deals, increased funding for peacekeeping and commit billions of dollars to expand food and power programmes in Africa during a summit this week, US and development officials say. President Jacob Zuma will be in the...

NEW YORK: Target sent victims to Experian, which leaked data to criminals

Companies can’t keep your data safe. It’s that simple. When Target lost data on some 110 million customers, it recommended them to credit bureau Experian for “identity theft protection,” offering to cover the cost for a year. Think you’re in better hands? Think again. Sometime...

BlackBerry finally cedes to Indian government monitoring its servers

Blackberry appears to be losing an ongoing dispute with the Indian government over the state’s access to its data, as today an internal document from the state’s Department of Telecommunications stated “the lawful interception system for Blackberry Services is ready for use.” According to the...

Evidence is growing of Open Data’s potential economic benefit

One of the key policy drivers for Open Data has been to drive economic growth and business innovation. There’s a growing amount of evidence and analysis not only for the total potential economic benefit but also for some of the ways in which this is...

Understanding the Copyright’s Volition Requirement After Aereo

Jonathan’s post continues DisCo’s ongoing coverage of the Aereo case.  Last week, Prof. Michael Carrier wrote a post for DisCo on the possible effect of Aereo on investment.  Previously, DisCo writer Matt Schruers guest-posted on SCOTUSblog about how Aereo creates uncertainty for the cloud. One of the...