WASHINGTON/NEW YORK (Reuters) – AT&T Inc said any new “net neutrality” rules imposed by U.S. regulators need to apply to Web companies like Google Inc as much as to phone companies to ensure a level playing field.In a letter Friday to the head of the U.S. Federal Communications Commission’s Wireline Competition Bureau, the biggest U.S. telephone company argued that Google would have an unfair advantage if its Voice service is not subject to the same rules proposed by the FCC on phone operators.”To the extent ‘net neutrality’ is animated by a concern about ostensible Internet ‘gatekeepers,’ that concern must necessarily…
AT&T looks to flip net rules debate on Google
South Korea welcomes the iPhone
South Koreans will soon join the millions of others worldwide as its government on Wednesday approved the sale of the iPhone there.(Credit: Apple)For years, the Korea Communications Commission used technical rules to stifle competition, allowing homegrown companies like Samsung and LG to take over the market, according to a Wall Street Journal report.With an estimated 93 percent of South Korea’s population subscribing to a mobile service, Apple should be able to overcome one of the biggest barriers to smartphone success in South Korea–applications. Apple has been able to entice developers worldwide to build apps for the iPhone, with 75,000 apps…
Magna sees Opel paying back state loans by 2015
FRANKFURT/BRUSSELS (Reuters) – Magna will cut about 10,500 Opel jobs in Europe, the bulk in Germany, as it acts to return the carmaker to profit and pay back 4.5 billion euros ($6.55 billion) in state aid, its co-chief executive said. The Canadian auto parts supplier aims to sign a deal with former Opel parent General Motors within two weeks to buy a 55 percent stake together with Russian partner Sberbank, Siegfried Wolf said on Monday. “By 2015 we want to pay back the government-guaranteed loans. Opel will be profitable before that, however,” Wolf told a news conference. Around 4,000…
Obama move on China tires could spur more requests
WASHINGTON (Reuters) – President Barack Obama’s decision to restrict tire imports from China after union workers complained of a surge could lead to copycat cases in areas such as steel, clothing, paper, machinery and consumer goods, trade experts said on Monday “It’s a target-rich environment,” said Lewis Leibowitz, a lawyer who represents the Consuming Industries Trade Action Coalition, which opposed relief in the tires case. “There’s almost anything you can hit. And even within import categories that have gone down, there may be smaller product categories that have gone up,” Leibowitz said. However, the question of which industries could…
US SEC: Protecting long-term investors a priority
WASHINGTON: The first responsibility of the US Securities and Exchange Commision is to protect long-term investors if their interests conflict 10 most trade-friendly economiesBen Bernanke: Face of the FedMore on Financial crisisEconomies out of recession with short-term traders, the head of the SEC said in a letter revealed on Monday. “I firmly agree that the commission’s focus must be on the protection of long-term investors,” SEC Chairman Mary Schapiro said in a Sept 10 letter to Senator Ted Kaufman, Democrat of Delaware. Kaufman had asked the SEC to review what he called “questionable” developments in the structure of capital markets…
BofA-SEC bonus settlement rejected
NEW YORK: A federal judge on Monday rejected Bank of America Corp’s and the US Securities and Exchange Commission’s $33 million settlement over Top 20 Global Financial Brands 200919 Indian banks/financial institutions in Top 500 Global Financial Brands 2009 Merrill Lynch & Co bonuses as a contrivance that deprives shareholders of the truth. In rejecting the settlement for a third time, saying it “cannot remotely be called fair,” US District Judge Jed Rakoff ordered the SEC and the largest US bank to prepare for a trial by next February 1. He said he had a “distinct impression” that the…
Eurozone is ‘exiting recession’
“The economy appears to be at a turning point,” the commission said. It forecast growth of 0.2% for the July to September quarter, with Germany and France continuing to grow and Italy exiting recession. The commission also forecast the UK economy, which is outside the eurozone, would grow by 0.2% during the third quarter, marking the end of recession. Separately, official figures showed that eurozone industrial production fell by 0.3% in July compared with the previous month.
Home loan sops, DA to bring cheer
NEW DELHI: Here’s good news for serving and retired civil servants. The government has increased dearness allowance (DA) for government employees and dearness relief (DR) for pensioners by 5% with effect from July 1. This will put additional purchasing power in the hands of civil servants to the tune of Rs 2,903.55 crore, up to end-February, after which another instalment of DA would kick in. This comes as good news for marketers gearing up for an action-packed festive season, and would increase consumption in the economy. The Union Cabinet’s decision to increase DA to 27% is in accordance with the…
The Beginners Introduction to Making Money on Line!
An argument I often have with fellow marketers is that needing money to make money is complete fallacy. I know that it is possible to make money even if you have none to begin with. Ok it takes hard work and dedication and a lot longer to succeed than if you had oodles of money but it can be done.
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How To Earn Real Bux From Home
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