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Duke Energy joint venture part of $8 billion bid to supply green energy to Southern California
2014-09-23 20:12:00| Energy - Topix.net
Duke American Transmission Co. would build a 425-mile high-voltage line from a Wyoming wind farm to a Utah power storage facility, under the proposal.
Tags: to
part
green
california
GLOBAL: Bacardi sponsors Branson space venture with Grey Goose deal
2014-09-23 13:12:00| Daily beverage news and comment - from just-drinks.com
Bacardi has signed a deal with Virgin Galactic to make its vodka brand Grey Goose the official spirit of the Richard Branson-backed commercial spaceflight project.
Tags: global
space
deal
sponsors
AT&T, Chernin venture buys control of Fullscreen
2014-09-22 16:56:00| Telecompaper Headlines
(Telecompaper) AT&T has partnered with the Chernin Group to buy a majority stake in the online media company Fullscreen. As part of the deal, Fullscreen CEO and founder George Strompolos will continue as CEO and maintain a material stake in the company. The acquisition will be by Otter Media, a joint venture set up by AT&T and The Chernin Group to invest in and launch over-the-top video services. Fullscreen, founded in January 2011, is a major YouTube partner, working with more than 50,000 content creators to engage subscribers and monetise online video content. AT&T said the deal will help strengthen its ability to reach young people. The acquisition is expected to close within the next month, subject to regulatory approval. WPP, which had invested in Fullscreen in a round of Series A funding led by the Chernin Group in 2013, also will continue as a strategic shareholder in the company. Chernin is already an investor in Fullscreen and founder Peter Chernin sits on its board.
Tags: control
att
venture
buys
Ericsson to Shut Down Modem Business From Former STMicro Venture
2014-09-18 13:28:25| Appliances - Topix.net
Ericsson AB, the largest maker of wireless networks, will shut down a chip business it took over from a former venture with STMicroelectronics NV. Talks with employees are underway over the decision to stop development of so-called LTE thin modems, which go into devices to let them connect to faster mobile-phone networks, Stockholm- based Ericsson said today.
Tags: business
ericsson
modem
venture
American-French Venture Starts Construction of First US-Brazil Undersea Cable Link
2014-09-12 23:13:47| ENR.com: Headline News
The 10,700-km system is set to operate in 2016.
Tags: link
construction
cable
starts
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