Brazil regulator suspends Oi shares offer for 30 days
Brazil’s securities regulator on Thursday suspended the offer of shares of telecommunications company Grupo Oi SA saying its chief executive officer Zeinal Bava had breached a mandatory quiet period ahead of the offer by making comment to the press. The suspension will last 30 days, the Securities and Exchanges Commission said.
EU Partially drops anti-dumping probe against Chinese telecom gear makers
The EU will not take action against Chinese mobile telecom equipment makers including Huawei and ZTE, in order to maintain European manufacturers a place in the world’s second-largest economy. The decision came on Thursday during Chinese President Xi Jinping’s visit to Europe, when the European Commission announced it had ended an anti-dumping investigation into Chinese mobile telecommunications networks, according to a Reuters report.
BT chooses Genband signalling for roaming
Diameter controller to support BT Global IP Exchange Interconnectivity Service BT has selected Genband’s Quantix Diameter Signalling Controller expand its existing Global IP Exchange (GIPX) offering with LTE signalling and data roaming exchange capabilities for its mobile operator customers. The controller enables rich interworking between LTE networks to ensure that roaming subscribers can easily connect when on the road with service transparency and resiliency.
Global Telecoms Business
China’s rare earth supply crimp plan ruled to be illegal
The World Trade Organisation (WTO) has ruled in favour of the EU, US and Japan in their dispute against what they described as China’s unfair rare earth export rules. The WTO agreed to begin the investigation back in 2012 after complaints from the three that China was trying to push up prices and restrict exports by imposing increased duties, export quotas and minimum price requirements, and limiting the enterprises allowed to export the stuff. The ruling applied to “various forms of rare earths”, molybdenum, and tungsten.
Motion computing launches Motion R12 rugged tablet for mobile workers
Mobility specialist Motion Computing has revealed its latest line of rugged tablets aimed at mobile workers who shift between the office, a vehicle and operating out in the field. The Motion R12, available through the firm’s reseller partners from April, replaces the older J-Series Motion tablets as a Windows slate-mode device built to survive use in a range of work environments, with a range of supporting hardware to match. While Motion has been building enterprise-grade tablets for over a decade, the R12 brings in some influences from consumer devices, such as a sleeker design and a full HD 1920×1080 resolution on its 12.5in touchscreen, according to Motion’s country manager for Northern Europe Ian Davies.
UK ahead of the global pack in the technology venture capital growth
Global investment in financial-technology ventures has more than tripled from $928 million in 2008 to $2.97 billion (£1.78 billion) in 2013, with the UK winning a rapidly growing slice, according to Accenture research. The consulting firm said that over the past three years, such investment increased at more than four times the rate of overall venture-capital investment.
Facebook using drones, lasers and satellites to deliver internet to third world
Facebook has unveiled plans to bring Internet connectivity to third world countries by using drones, satellites and lasers. Mark Zuckerberg launched his Internet.org initiative last August, with the lofty aspirations to connect a further five billion people to the internet, bringing affordable apps and mobile web access to the two-thirds of the world who are not yet online. Six months on Zuckerberg says the group is making good progress, revealing more details of just how it is planning on delivering on its promise.
Games get government tax break in UK
The British government has been given the go ahead to insert coin into the UK video games industry, pressing start on games with a distinct national flavour. Could we see a next-gen update for Grand Theft Auto: London 1969? European trade watchdogs have approved measures to grant games set or developed in Britain up to 25 per cent tax relief on their costs, but only if they meet certain criteria. For example, Grand Theft Auto V, despite being developed by Scottish company Rockstar North, wouldn’t qualify because it isn’t set in Britain.
Sociologists find emerging condition, ‘cyberasociality’
Not every single user – among the billions collecting friends and followers on Facebook, Twitter, Google+, LinkedIn and other social media platforms – is perfectly comfortable conducting his or her social life online, according to sociologists at Cornell and the University of North Carolina. Some people don’t find online interaction to be “real,” and the researchers dub these individuals the “cyberasocial.” If you strongly agree with statements like, “I need face-to-face interaction before I can decide someone is trustworthy,” you, too, could be among the cyberasocial. Cybersocial (without the middle “a”) users of social media are likely to say, “I prefer to communicate online when discussing important or deep issues.”