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Twitter CEO resigns, company drops 140 character limit

2015-06-12 09:03:00| Telecompaper Headlines

(Telecompaper) Twitter CEO Dick Costolo has announced his resignation, on the same day the company decided to end the 140 character limit on direct messages, Bloomberg resported. The resignation will take effect from 1 July. Co-founder Jack Dorsey will replace Costelo as interim, until a permanent replacement is found. Costolo came under fire from investors for failing to rejuvenate the service and for low customer uptake. He will leave without taking about USD 16 million in stock awards. The market welcomed the departure, with shares jumping in late trading. Dorsey's appointment signals the company will focus on improving its product, after a rake of leadership changes in the last five years. Direct Messages are different from tweets in that they are only visible between individual users. The change in the number of allowed characters will come next month.

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Sky's the limit: offshore workers lose home comforts as oil price pinches pockets

2015-06-10 01:00:00| Offshore Technology

North Sea operator Talisman Sinopec Energy has cancelled its Sky subscription and removed the service from its offshore operations in a move it says will save 600,000 a year. With a low oil price weighing heavy on companies' costs, Adam Leach looks

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Premium Bonds investment limit rises

2015-06-01 13:47:17| BBC News | Business | UK Edition

Investors in Premium Bonds can now add an extra 10,000 to their investment, although the chances of winning the 1m jackpots remain slim.

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FCC Likely To Reject T-Mobile's Request To Further Limit AT&T And Verizon's Spectrum Dominance

2015-05-30 07:17:16| IT Services - Topix.net

According to a new report by Reuters, the Federal Communications Commission will likely choose to ignore T-Mobile US Inc 's request to further limit the purchasing power of AT&T Inc. and Verizon Communications Inc. during the upcoming 2016 spectrum auction. Citing people familiar with the matter, Reuters reported that the FCC is comfortable with the opportunities that smaller competitors, such as T-Mobile and Sprint Corp , will have against the two dominant telecom players in the airwave auction.

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U.S. to Limit Petroleum Drilling on Habitat of Greater Sage Grouse

2015-05-29 14:21:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The Obama administration, aiming to keep a finicky, chickenlike bird called the greater sage grouse off the endangered species list, moved on Thursday to limit petroleum drilling and other activities on some of its wide-ranging habitat in the American West. The move which includes a collection of 14 land-management plans across 10 states stems from a determination in 2010 by the federal Fish and Wildlife Service that the bird, a potent symbol of the West known for its flamboyant courtship strut,...

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