Telecommunications company fined $400k for barring emergency access
Almost 6000 TPG customers in Australia with suspended or inactive accounts due to bills being unpaid or other reasons were denied access to emergency lines between March and September 2011. The telco was fined $400,000 in the Federal Court on Wednesday, with Justice Mordecai Bromberg criticising the company’s lax approach to important regulations.
Telefónica launches mobile ad exchange
Telefónica has become the first telecoms provider to launch a mobile advertising exchange, throwing it into competition with internet companies like Google and Facebook. The Spanish group announced on Wednesday that it teamed up with Blackstone, the private equity group, to buy the technology behind MobClix, an ad exchange that went bankrupt last year.
US operators agree to mobile phone ‘kill switch’
US mobile industry group CTIA and participating operators have announced the ‘Smartphone Anti-Theft Voluntary Commitment’, an effort by the industry to deter smartphone thefts in the US. Each device manufacturer and operating system signatory of Part One of this commitment agrees that new models of smartphones first manufactured after July 2015 for retail sale in the US will offer, at no cost to consumers, a baseline anti-theft tool that is preloaded or downloadable on smartphones.
Intel benefits from XP migration but mobile dips
Intel finally sees some positive developments during the first three months of the year, but worries persist. The good news came from the stabilisation of Intel’s PC business, as well as the data centre group which continued to show strong gains. Likewise, its new Internet of things business unit, while small, still had strong revenues gains.
London fintech boom — TransferWise and others hit record numbers
Slowly but surely a revolution has been taking place in financial technology, or fintech as we call it these days. These days fintech’s hottest sphere is not in Bloomberg terminals but in disruptive cloud startups, using the Internet as a route around the dedicated lines of the past. Globally, fintech investment has more than tripled over the past three years, according to a recent study by Accenture. It’s risen from $928 million in 2008 to $2.97 billion in 2013. Fintech investment has increased at — check this out — more than four times the rate of overall VC investment.
Adapt launches Europe’s first EMC-based software defined data centre
Adapt has become the first European managed service provider to agree a deal to deliver a software defined data centre entirely based on EMC’s trove of technologies. The partnership between the two companies will deliver a variety of specific benefits and is being done in response to increasing customer demand and diversification of challenges.
MusicQubed aims for ‘forgotten fans’ priced out by streaming music services
A growing number of companies are exploring what you might call “mid-price” subscription music services, hoping that there are lots of people out there willing to pay a few quid a month for a more limited selection of music. British startup MusicQubed, which runs the O2 Tracks service for mobile operator O2. It’s the successor to a similar app launched with Samsung in 2012, and part of what MusicQubed boss Chris Gorman – founder of retailer Gadget Shop – describes as an attempt to reach the “forgotten fan” – people who like music, but have been “priced out” of music subscriptions by the industry’s focus on £10-a-month all-you-can-eat services.
NBCUniversal launches a digital-first programming initiative
NBCUniversal is launching a company wide digital programming initiative to provide content for its online platforms including Hulu, and its VOD services. The made-for-digital programming will be promoted across the company’s portfolio of television networks and featured on its collection of digital platforms as well as on national video-on-demand. Programming will be free-to-view and will feature advertising as well as branded content.
We’ve been expecting you: restaurant that Googles its customers
The trend began in New York, inevitably, where Justin Roller, maître d’ at Eleven Madison Park, the city’s current must-be-seen-at restaurant, began to research his diners. The idea was to improve their experience by learning salient details: whether they were celebrating a birthday, were fanatical about wine, or morbidly afraid of bread rolls. Now the Holborn Dining Room, at the Rosewood Hotel, west London, is said to be doing the same.