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Arizona to appeal $1.6 billion school funding ruling (with video)

2014-07-22 17:48:00| American School & University

The state of Arizona will appeal a court ruling requiring it to increase funding for Arizona's K-12 system. read more

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'Nadella effect' makes Ballmer $2.8 billion richer

2014-07-22 14:55:28| InfoWorld: Top News

Former Microsoft CEO Steve Ballmer's "devices and services" strategy may be in tatters, discarded by his successor, Satya Nadella, but Ballmer must be smiling all the way to the bank. According to U.S. Securities and Exchange (SEC) documents, Ballmer owns more than 333 million shares in Microsoft. At Monday's closing price of $44.83, those shares were valued at $14.9 billion.

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FedEx Could Face $1.6 Billion Fine for Drug Shipments

2014-07-22 00:45:40| Air Courier - Topix.net

Starting around 1998, Internet pharmacies - some of which did not require a doctor's visit or prescription - began proliferating online, turning a corner of the Web into a black market bazaar for prescription pills.

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Global pay TV market to generate $280.4 billion in 2014

2014-07-21 17:40:28| Digital TV News

The worldwide pay-TV market continues to grow in Q1 2014. According to ABI Researchs Market Data, the total pay-TV subscriber base is expected to surpass 936.4 million at the end of 2014, generating $280.4 billion in service revenue.

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Huawei H1 sales up 19% to CNY 136 billion

2014-07-21 08:54:00| Telecompaper Headlines

(Telecompaper) Huawei announced revenues of CNY 135.8 million for the first half of 2014, up 19 percent from a year earlier. The company recorded an operating margin of 18.3 percent. Huawei said the results were in line with its expectations and helped by growing investments in LTE worldwide. Carrier network revenue was also helped by increased sales of software and services. In addition, the company benefited from its push to expand in the enterprise market, and Huawei reported "quality and sustainable growth" in its handset business. Further details of the results were not disclosed.  

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