Industry News

Nokia Bell Labs, Deutsche Telekom T-Labs and the Technical University of Munich achieved a 1 Terabit-per-second transmission rate over optical fiber Probabilistic Constellation Shaping provides greater flexibility and performance to enable optical networks to operate closer to the Shannon limit to meet growing consumer and business data demands Breakthrough will allow telecommunication operators and..."/>
Nokia Bell Labs, Deutsche Telekom T-Labs and Technical University of Munich achieve speeds of 1 Tb per second in groundbreaking optical technology trial
Telenor ASA today announces that the underwriters have priced its offering of 142,500,000 VimpelCom Ltd. American Depositary Shares in the United States at a public offering price of USD 3.50 per ADS, resulting in net proceeds to Telenor of USD 486,281,250.. Telenor has also granted the underwriters a 30- day option from today to purchase up to 21,375,000 additional ADSs at the public offering price, less underwriting discounts and commissions. The offering is expected to..."/>
Telenor announces pricing of its offering of VimpelCom ADSs
Red Hat to open Fort Point office. Raleigh, N.C.-based open source software company Red Hat Inc. confirmed yesterday that it has signed a lease to open a 40,000- square-foot location at 300 A St. in South Boston's Fort Point neighborhood. The new facility, which will have 100 to 150 employees, will be the first East Coast location for Red Hat Open Innovation Labs, with an executive briefing center and an engineering lab."/>
Boston Herald The Ticker column [Boston Herald]
Traffic jam [Mint, New Delhi]
Siemens AG, the 165- year-old global engineering and technology giant that reported a revenue of E75.6 billion in fiscal 2015. Born in Stuttgart, Germany, the 46- year-old member of the managing board, head of human resources, people and leadership, and chief diversity officer of Siemens, studied..."/>
India is among the top 5 in terms of Siemens's people and growth: Janina Kugel [Mint, New Delhi]
Reliance Communications Ltd's wireless business and Aircel Ltd will improve the combined entity's competitive position in the world's second largest telecom market by users. A subscriber base that generates low average revenue per user of Rs100, slow growth rate and weak operations along with the fact that the entity will have to establish a new brand and will carry a huge debt burden are the challenges..."/>
Most analysts bearish on RCom-Aircel merger [Mint, New Delhi]
Bharat Bill: pay bills anytime, anywhere [Mint, New Delhi]
Tesla Motors' bid to open retail stores here, once again sending a message to the upstart automaker that it is not welcome in the state. Any Michigander who wants to buy a Model S or Model X will have to drive to Chicago, Cleveland, Columbus, Cincinnati or Indianapolis where the Palo Alto-based Tesla operates galleries, mostly in upscale shopping malls. Tesla wants to sell its high-end battery-powered cars directly to..."/>
It's final: Michigan won't let Tesla open a dealership in Grand Rapids [Detroit Free Press]
Facebook: "After all these years proudly serving the community of Fairfield, we're saddened to inform you, our wonderful customers, that Symmes Tavern on the Green will be closing its doors... so make sure to stop in and say' Hi! 'at least one last time before then. ""/>
BRIEF: Fairfield restaurant closing this weekend [Journal-News, Hamilton, Ohio]
Microsoft's corporate vice president of education marketing, is leaving the company for a post at Prophet, who previously led marketing for Windows, will join the Microsoft rival as its first chief equality officer, leading San Francisco-based Salesforce's initiatives focused on gender, LGBTQ and racial equality. Prophet, who starts at the business software giant on Sept. 26, will report to Chief Executive Marc Benioff."/>
Microsoft education marketing exec moves to rival Salesforce [The Seattle Times]
CoreLogic, a global property information analytics..."/>
Fewer local home owners still under water, report finds [Times-Herald, Vallejo, Calif.]
Apple iPhone 7 and iPhone 7 Plus are incoming, and that means Apple had to reconfigure the pricing of the iPhone 6 s and the iPhone 6 s Plus as well. Both of last year's phones will continue to sell alongside the new 7 series phones, which will be available in India from 07 October. Here is how the entire portfolio now stacks up."/>
Apple confirms iPhone prices for India [Mint, New Delhi]
MeetMe, Inc. common stock in its proposed merger with US-based flirting social network Skout, Inc. are fair, and that the department has issued a permit authorizing MeetMe to issue shares of common stock in the merger, MeetMe said. This determination was made at the conclusion of a fairness hearing conducted under..."/>
California Regulator Clears MeetMe to Acquire Flirting Social Network Skout in USD 83m Deal
NEC Corporation announced today the release of its annual report on corporate social responsibility during the fiscal year ended March 31, 2016. NEC has announced its CSR activities aiming to promote sustainable growth and increase corporate value since fiscal 2005. The report arranges non-financial information regarding environmental, social and governance issues for the purpose of disclosing information which corresponds to the needs of..."/>
NEC Releases Annual Report on Corporate Social Responsibility
Facebook official." "When we first went out to talk to, it was clear New Mexico wasn't even on their radar," she said during a news conference. ""/>
State, local officials celebrate Facebook deal [Albuquerque Journal, N.M.]
Apple announced the iPhone 7 and confirmed that it was removing the headphone jack from the device, people were not pleased. Now, the company is surveying MacBook Pro users about how often they use the 3.5 mm port on their laptops. There's no way to know for sure, but the easiest conclusion to draw would be that Apple is gunning for our headphones again."/>
Apple wants to know if you're using the headphone jack on your MacBook Pro [The Oregonian, Portland, Ore.]
Gmail outage over for most [The Miami Herald]

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