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888 confirms William Hill approach

2015-02-10 17:14:20| BBC News | Business | UK Edition

Online gambling group 888 Holdings confirms that bookmaker William Hill has made an approach to buy the firm.

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UBS confirms fresh US tax probe

2015-02-10 08:51:15| BBC News | Business | UK Edition

UBS has confirmed it is being investigated by US authorities into whether it helped Americans evade taxes through investments banned in the US.

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Verizon confirms wireline, tower sales for USD 15 bln

2015-02-06 08:37:00| Telecompaper Headlines

(Telecompaper) Verizon Communications has confirmed plans to sell part of its wireline assets to Frontier Communications for USD 10.54 billion. Frontier will acquire the local wireline operations serving customers in California, Florida and Texas for USD 9.9 billion in cash and USD 600 million in assumed debt. In addition, Verizon has agreed to lease the rights to over 11,300 of its wireless towers to American Tower Corporation, which will also purchase approximately 165 Verizon towers, for a total upfront payment of USD 5 billion. Part of the proceeds of the sales will be returned to shareholders in the form of a USD 5 billion accelerated share-repurchase programme.

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GSE's China Subsidiary Receives ISO 9001:2008 Certification, Confirms Commitment To Global Quality

2015-02-06 07:13:46| plantautomation News Articles

Global energy services solutions provider GSE Systems, Inc. ("GSE" or the "Company") recently announced that GSE Systems Engineering (Beijing) Co., Ltd., the company’s wholly-owned subsidiary, has received ISO 9001:2008 certification for its simulation, engineering, design and consultation services for the energy industries

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FCC chairman confirms plans for Title II internet regulation

2015-02-04 17:43:00| Telecompaper Headlines

(Telecompaper) FCC chairman Tom Wheeler has confirmed plans to implement strict net neutrality rules, in line with the earlier call from President Barack Obama. In an article in Wired magazine, Wheeler said he will send the proposal to his fellow commissioners this week. It will include plans to extend Title II authority under the Telecommunications Act to internet access services. This would see internet service designated a utility, the same as fixed telephony services, allowing the FCC to impose stricter regulations. Wheeler said the new rules will also ban paid prioritization, where a service provider can pay the network operator for preferred access to end-users, as well as prohibit blocking and throttling of lawful content and services. These rules will also apply to internet services over mobile networks. The FCC chairman said the Title II regulations will be modernised "for the 21st century", in order to ensure the new regulation does not dissuade invesment in networks. "For example, there will be no rate regulation, no tariffs, no last-mile unbundling," he said. In addition, Wheeler plans a "general conduct rule that can be used to stop new and novel threats to the internet". This should allow the FCC to adapt the regulation in future depending on changes in technology and the market.

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