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Blackberry abandons sale, will replace CEO Heins

2013-11-04 01:00:00| Total Telecom industry news

Struggling Canadian smartphone maker to sell $1 billion of convertible debt to Fairfax.

Tags: sale replace ceo blackberry

 

America Movil abandons KPN take-over bid

2013-10-16 20:27:00| Telecompaper Headlines

(Telecompaper) America Movil has decided to not execute its intended offer on the remaining shares of KPN of EUR 2.40 per share. The operator already owns 29.8 percent of KPN's shares. During the last few weeks talks about the take-over have been held and several sources said that the talks were in the end stage. But KPN did not want to talk anymore if America Movil did not increase its bid. A KPN spokesperson told Telecompaper that its board of directors and supervisory board are currently studying America Movil's announcement with a reaction expected later this evening or tomorrow morning.

Tags: america bid takeover movil

 
 

Ontario abandons plan for new nuclear plants

2013-10-10 22:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Ontario government is dropping plans to build two new nuclear plants and will focus on refurbishing its aging facilities instead, the Canadian province's energy minister said on Thursday. Energy Minister Bob Chiarelli said new nuclear stations will not be part of Ontario's formal review of its long-term energy plan, which will be finalized before the end of the year. "Over the past few months, we have had extensive consultations for the review," said Chiarelli. "There is a strong consensus...

Tags: plan plants ontario nuclear

 

Yahoo abandons T-shirt rewards for vulnerability information

2013-10-03 14:12:03| InfoWorld: Top News

Yahoo will stop giving T-shirts as a reward for finding security vulnerabilities after a public shaming it's calling "t-shirt gate."The company received a drubbing from the Swiss security company High-Tech Bridge after it found four serious vulnerabilities in Yahoo's network, all of which have now been fixed. Three of those problems -- cross-site scripting flaws -- could have allowed an attacker to hijack a person's Yahoo email account.

Tags: information yahoo rewards vulnerability

 

Shell Abandons Western Slope Oil-Shale Project

2013-09-25 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Royal Dutch Shell PLC has become the latest company to abandon efforts to turn Western Slope oil-shale into oil, joining a long line of companies in a boom and bust cycle in the region. The company said energy markets have changed since the project started in 1982, and the company no longer wants to continue efforts to turn oily shale rock into liquid by heating the rock and pumping out the oil. Chevron stopped its oil-shale research in Rio Blanco County in February 2012. "We are exiting...

Tags: project western shell slope

 

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