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EU calls on industry to tighten rules on in-app purchases

2014-02-27 16:13:00| Telecompaper Headlines

(Telecompaper) The European Commission has asked the mobile industry to come up with ways to reduce the risk of children over-spending on mobile apps and in-app content, following complaints from around the EU. On 27-28 February, the EC is meeting with national regulators and industry representatives to discuss the consumer concerns. These include misleading advertising of "free" games and content, direct marketing to children or their parents to buy items within a game and poor information on the charges and billing of mobile content. The EC would like to see the industry self-regulate its marketing, stop default billing of all mobile purchases, improve the information provided on costs and payment and always provide an email address where consumers can address complaints or requests for more information. The initiative is led by the Danish Consumer Ombudsman, and regulators from France, the UK, Italy, Belgium, Luxembourg and Lithuania as well as the Consumer Protection Cooperation network are participating in the meetings. The EC noted that principles published by the UK Office of Fair Trading earlier this year are in line with its aims. 

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Koch brothers attacked by Harry Reid on Senate floor: Calls them un-American

2014-02-27 16:00:13| Oil & Gas - Topix.net

The Koch brothers , David and Charles, were accused of being un-American by United States Sen. Harry Reid on Wednesday who made his opinions on the floor of the U.S. Senate.

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Li & Fung Calls at 2011 High on Profit Outlook

2014-02-27 12:51:01| Logistics - Topix.net

Options traders are turning bullish on Li & Fung Ltd. , the Hong Kong-based supplier to Wal-Mart Stores Inc., betting on a revival of its American operations after the stock lost 61 percent of its value.

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Line to add low-cost VoIP calls to app from March

2014-02-27 11:03:00| Telecompaper Headlines

(Telecompaper) Mobile messaging app Line has added low-cost calls to fixed and mobile numbers to its service. The new Line Call service initially will be available for the iPhone and Android versions of the app from March in six countries - Japan, the US, Mexico, Spain, Thailand and the Philippines. The Line app already supports free calls between Line users; the new service will extend this to all phone numbers. Customers will need to register an active mobile number in order to access Line Call. They can buy prepaid credit to make calls or purchase a 30-day plan which offers cheaper calls. It will also have a special offer of free calls to businesses with a Line account. The latter is a new service for businesses to set up a Line account for targeted marketing. Line is also expanding its stickers service, with the new Creators Market that allows anyone to post their own sticker for sale on the Line Store. The new services were unveiled at Line's Showcase event in Tokyo. Line counts over 370 million registered users worldwide. 

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NFSP leader calls for passage of Sugarcane Act

2014-02-27 07:57:20| Sugar Industry News

A SUGAR industry leader has called for the immediate passage of the proposed Sugarcane Act to ensure that programs for farm productivity, mill efficiency, among others will be implemented to sustain the sugarcane industry beyond 2015.

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