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Net profit to rise 223% to 271% to between RMB 1 billion and RMB 1.15 billion

SHENZHEN, China - Tuesday, July 15th 2014 [ME NewsWire]

(BUSINESS WIRE)-- ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, today raised its forecast for first-half profit as the company maintained the strong momentum in its 4G infrastructure operations.

Net profit attributable to shareholders of the listed company will be between RMB 1 billion and RMB 1.15 billion in the first six months, an increase of between 223% and 271% from a year earlier, according to the revised guidance published by ZTE today. This compared with earlier guidance of between RMB 800 million to RMB 1 billion.

In the first six months, ZTE continued to strengthen cost control and operational management, achieving improved profitability in international ... Read more »

Domains Designed For the Restaurant Industry Enters General Registration on July 14, 2014

MEXICO CITY - Monday, July 14th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Restaurants and bars all over the world can now register new domain names ending with .REST (dot-rest) and .BAR (dot-bar) in a new global online neighborhood designed specifically for restaurants and bars. The simple and defined domain names categorize restaurants and bars so that diners, food-lovers and nightclub-goers can easily find them online.

.BAR, a domain designed for bars and nightclubs, and .REST, the abbreviation for “restaurant” in almost 30 languages and in more than 50 countries, are launching simultaneously in order to create a space on the Internet specifically for the food and beverage industry.

The domains, created by Mexico-based Punto 2012, were engineered by restaurant technology professionals working to make restaurants and bars more relevant, visible and easier ... Read more »

‘Payment solutions’ identified by global merchants as a key factor for successful expansion into Asia

HONG KONG - Monday, July 14th 2014 [ME NewsWire]

(BUSINESS WIRE)-- While over 80 percent of global online merchants plan on expanding their e-Commerce businesses in Asia over the next 12 months, almost all respondents (99 percent) say they face obstacles in gaining a firm foothold in the market, and in particular China, according to research by NTT Communications.

The survey, Breaking into the e-Commerce Market in Asia: Opportunities and Challenges, interviewed 200 United Kingdom and United States based decision-makers from the retail, gaming, travel and hospitality industries to evaluate the business potential of Asia’s e-Commerce market, the challenges merchants face, and the role that payment solution providers should play in helping merchants overcome these challenges.

Two-thirds of respondents forecast the volume of their compan ... Read more »

Instant, Distortion-Free 360° Views And Immersive Communications Heading For Next-Gen Mobile Phones, Tablets, and Wearable Devices.

ME NewsWire/ Business Wire

MONTREAL - Saturday, July 12th 2014

In a single move, North American panoramic imaging innovator, ImmerVision (www.ImmerVisionEnables.com), has made distorted fish-eye views and camera accessories obsolete and enabled every mobile and wearable device in the world to deliver an unprecedented 360° user experience.

ImmerVision’s new 3.8 mm panomorph (patented wide-angle panoramic) lens is the world’s smallest and is designed to be fully integrated into the most compact mobile phone or wearable device. Yet it is capable of doing what no other lens can: deliver a distortion-free 360° x 182° view without having to pan the camera.

“If Ellen DeGeneres had a phone with this technology, her famous Oscars selfie would have captured a much wider, clearer, and more n ... Read more »

Hybrid Chip Allows Implementation of Multi-Technology AMI Networks

SAN JOSE, Calif. - Saturday, July 12th 2014 [ME NewsWire]

(BUSINESS WIRE)-- EnVerv announced today samples availability of its EV8600 dual-modem PLC+RF System on Chip (SoC) targeted at a multitude of Advanced Metering Infrastructure (AMI), industrial automation and home automation applications.

The EV8600 combines EnVerv’s industry-leading Power Line Communications (PLC) technology operating at 10-500KHZ and a Radio Frequency (RF) modem operating in the range of 142-1050MHz. The EV8600 also includes a powerful applications processor - on which bridging/routing algorithms between the two modems are implemented - and internal flash memory.

“The EV8600 is a perfect vehicle for designers and network planners who would like to combine the best of two PLC and RF worlds to achieve as close to 100% coverage as possible in AMI networks or inside factories and homes,” said Afsh ... Read more »

Expects to Generate Approximately $75 Million in Annual Savings - Revises 2014 Adjusted Operating Income Guidance to $200-$230 Million

HIGHLAND HEIGHTS, Ky. - Thursday, July 10th 2014 [ME NewsWire]

(BUSINESS WIRE)-- General Cable Corporation (NYSE: BGC) (the “Company”) today announced it is implementing a restructuring program designed to improve profitability and return on invested capital in each of its three reportable segments. The restructuring program, which builds on the Company’s existing productivity and asset optimization plans, is expected to result in ongoing annual savings of approximately $75 million, beginning in 2014 with full realization starting in early 2016. The restructuring program is focused on the closure of certain underperforming assets as well as the consolidation and realignment of other facilities. The Company is also implementing reductions in selling, general and administrative (SG&A) expenses globally.

Gre ... Read more »

RTS delivers high-performance, multi-asset trading solutions to enhance speed and geographic reach of Bloomberg trading technologies

ME NewsWire/ Business Wire

NEW YORK & FRANKFURT - Wednesday, July 9th 2014

Bloomberg announced today that it has acquired RTS Realtime Systems, a global provider of low-latency connectivity and trading support services. RTS provides market connectivity and trading tools for equities, futures, options, FX and fixed income trading.

“RTS’s strength in market connectivity is a perfect complement to our experience in data, analytics and order management,” said Dan Doctoroff, Bloomberg President and CEO. “As we continue to enhance our enterprise and trading solutions, incorporating RTS’s premier exchange connectivity and talented team will provide tremendous value to our clients.”

The acquisition will broaden Bloomberg’s exchange connectivity through RTS’s existing gl ... Read more »

Systematic, independent reviews validate the efficacy and safety of oscillating-rotating power brush technology

GENEVA - Thursday, July 10th 2014 [ME NewsWire]

(BUSINESS WIRE)-- For the third consecutive time, the independent, not-for-profit Cochrane Collaboration has concluded that oscillating-rotating technology – used in Oral-B power toothbrushes – is the only type of power brush consistently proven to reduce more plaque and gingivitis versus manual brushing in the short and long term. This outcome was derived from a larger study that concluded power brushes outperform manual toothbrushing.

“This is an important conclusion that will help consumers and professionals make better oral care choices,” said Dr. Paul Warren, vice president, Professional and Scientific Relations at Procter & Gamble. “Consumers and some professionals may be skeptical about the benefits and safety of power brushes. An independent confirmation of the ... Read more »

Jointly Developed Solutions to Provide Consumers with Secure Device-Based Authentication for Online Services; Eliminates Need for Multiple Log-Ins and Passwords

TORONTO & COLOMBES, France - Friday, July 11th 2014 [ME NewsWire]

(BUSINESS WIRE)-- SecureKey, the leading provider of trusted identity networks, and Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space, today announced their collaboration to bring to market a range of solutions compliant with the GSMA-led Mobile Connect initiative which provides secure access and authentication for online services. Based on SecureKey’s briidge.net™ Connect cloud-based digital identity management platform and leveraging OT’s long standing expertise in secure element-based security, these solutions allow mobile operators to provide consumers with secure smartphone-based authentication solutions across the broadest range of devices in the market, eliminating the n ... Read more »

MWC Becomes World’s Largest Carbon Neutral Conference and Exhibition

BARCELONA - Thursday, July 10th 2014 [ME NewsWire]

Mobile World Congress 2014

(BUSINESS WIRE)-- The GSMA today announced that the 2014 Mobile World Congress has officially been certified as carbon neutral, making it the world’s largest conference and exhibition to have achieved this important designation. AENOR (Asociación Española de Normalización y Certificación) has verified that the GSMA successfully completed the certification process under the PAS 2060 international standard and Mobile World Congress has achieved a zero carbon footprint. The certificate was presented to John Hoffman, CEO, GSMA Ltd. by Eva Subirá, Director of AENOR in Catalunya.

The 2014 Mobile World Congress generated approximately 165,000 metric tonnes of carbon dioxide equivalent (tCO2e); it is estimated that 89 per cent of carbon emissions related to Mobile World Congress resulted from attendees ... Read more »