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LA Dad Files Lawsuit vs Sprint, Nextel Over Pre-Loaded Porn in Kid's New Phone

2013-10-06 21:33:52| IT Services - Topix.net

He sued for breach of contract, fraud, breach of the implied warranty of merchantability and negligent infliction of emotional stress.

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Iowa Realty files lawsuit against competitor

2013-10-04 23:28:36| Real Estate - Topix.net

Iowa's largest real estate agency has filed a lawsuit against a competitor, alleging an attempt to damage its reputation.

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Apple files appeal against e-book injunction

2013-10-04 21:35:00| Telecompaper Headlines

(Telecompaper) Apple has filed a notice with the Second Circuit Court of Appeals in New York, stating its intent to appeal both a July ruling by US District Judge Denise Cote, that found it had worked in collaboration with the major book publishers to raise e-book pricing, and the sanctions that followed in a 6 September injunction, reported AllThingsD. "Apple also hereby appeals from any and all orders and rulings that were adverse to it," the company said in its notice. Apple did not comment on the filing but it is expected the company's argument will be that the DOJ failed to meet its burden of proof in the case and also overreacted by seeking to prosecute Apple for legitimate business practices. As lead counsel Orin Snyder said in his closing arguments, "Apple did not conspire with a single publisher to fix prices in the e-book industry. All of the government's evidence is ambiguous at best...its case is built on word games and inferences".

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Twitter files to raise USD 1 bln in IPO

2013-10-04 09:32:00| Telecompaper Headlines

(Telecompaper) Twitter as filed its general prospectus for an initial public offering of shares in the US. While the company has yet to fix how many shares it will sell or a price for the new stock, the document provides details on the messaging company's financial results for the first time. Twitter recorded revenue of USD 254 million in the first six months of this year, up from USD 122.4 million a year earlier, while its net loss swelled to USD 69 million from USD 49 million. Twitter reported an average 218.3 million monthly users in the second quarter, up 44 percent from a year earlier. Almost a quarter (49.2 million) were in the US, up 35 percent year-on-year, while users in the rest of the world were growing faster, up 47 percent to 169.1 million. The company said a good measure of its ability to monetise the service in the amount of revenue generated from each user viewing a timeline on the site or apps. This rose to USD 0.80 in ad revenue per 1,000 views in the second quarter, an annual increase of 26 percent. For the purposes of fixing a fee for the IPO filing, Twitter estimated it will raise USD 1 billion in the offering. It said it will use the proceeds to help fund general operating costs and an estimated USD 225-275 million in capital expenditure this year.

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China Green Agriculture, Inc. Files (8-K) Disclosing Change in...

2013-10-03 03:22:23| Steel - Topix.net

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Tags: in change china green

 

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