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The Fine Print: Unlimited data plans have limits
2015-02-04 10:11:03| Wireless - Topix.net
As a long-time buyer of these data plans, I'm well aware that unlimited doesn't really mean unlimited. Some carriers threaten to slow down speeds after heavy use or curb how much you can stray from their own networks.
Sony plans more job cuts as smartphone sales shrink
2015-02-04 08:57:00| Telecompaper Headlines
(Telecompaper) Sony announced plans to cut another 2,100 jobs at its mobile phone business by March 2016, in order to return the activities to profit. In the past year, the company already reduced headcount by 15 percent at the mobile division. The additional restructuring is expected to cost JPY 30 billion and lead to JPY 90 billion in cost savings by the fiscal year ending March 2017. For the current year to 31 March, Sony forecast an operating loss of JPY 215 billion on sales of JPY 1.32 trillion for the mobile division. The downgrade from its previousl outlook reflects lower smartphoe unit sales, mainly in Asia, and foreign exchange effects. It will also take a JPY 176 billion impairment charge on the activities. In the coming years, sales are expected to shrink to JPY 900 billion to JPY 1.1 trillion in the year to March 2018 and the operatign margin improve to a positive 3-5 percent. In the latest quarter to 31 December, Sony reported sales up 28.7 percent to JPY 429.0 billion, and operating profit improved to JPY 9.3 billion from JPY 6.3 billion a year ago. The results were helped by exchange rate effects as well as an increase in smartphone sales to 11.9 million units from 10.7 million in the year-earlier period. For the full year to March, Sony downgraded its forecast for unit sales to 39.2 million, flat compared to the previous year, from an estimate of 41.0 million in October.
NASA makes plans to head to Europa and search for life
2015-02-03 19:31:09| Extremetech
NASA is in the early stages of planning a trip to Europa, and Europa Clipper is the current front runner.
General Electric plans to cut 330 Texas jobs in oil unit
2015-02-03 08:50:35| Oil & Gas - Topix.net
General Electric Co plans to cut 330 jobs in Texas in its oil and gas division, as it grapples with pressure on the unit from the drop in oil prices. The U.S. conglomerate notified Texas state regulators of the planned layoffs at its beam-pumping manufacturing facility in Lufkin, Texas, which amount to about 45 percent of the staff at the location.
U.S. rail sector plans to boost infrastructure spending as volumes rise
2015-02-03 08:05:35| Railroads - Topix.net
U.S. railroads expect to boost spending to $29 billion this year to lay track, add engines and otherwise upgrade a national network tested by a surge in energy and agriculture deliveries, the leading industry trade group said on Monday. The investment announced by the Association of American Railroads is the second annual increase for a transportation system that has become a vital tool for North Dakota oil producers and Midwest farmers enjoying bumper grain crops.
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