Thursday, October 27, 2011

Norway's Telenor says Q3 profit rose by 52 percent (AP)

OSLO, Norway ? Telenor's third-quarter net profit rose by 52 percent amid higher revenues, trimmed costs and a lower tax rate, the Norwegian telecommunications group said Wednesday.

The company's report showed third-quarter net profit rose to 2.6 billion kroner ($470 million) from 1.7 billion in the same period a year ago.

Revenue for the quarter increased by 2.2 percent to 24.6 billion kroner from 24.1 billion in the third quarter 2010.

The company raised its outlook for full-year organic revenue growth to 6-7 percent from its previous 5 percent forecast, but reiterated its expectation for operating margin before other income and expenses to be around 31 percent.

The result beat analysts' expectations and Telenor shares climbed 1.7 percent to 134.5 kroner ($24.3) in early trading on the Oslo stock exchange.

"I am pleased to see that in a world of slowing growth and rising risks, Telenor's financial performance continues to improve," Telenor CEO Jon Fredrik Baksaas said.

"Despite global macro economic turbulence and floods in Asia, our operations have so far remained resilient. We adjust our guidance for 2011 based on solid performance the first nine months and expectations for the rest of the year," Baksaas said.

Telenor said the effective tax rate for the third quarter decreased compared to 2010, due to the tax expense provision concerning a claim from Norwegian tax authorities in the third quarter of 2010.

The number of total mobile subscriptions increased by 31,000 during the quarter due to strong growth in mobile broadband and voice subscriptions following the launch of a new consumer mobile product portfolio, Telenor said. At the end of the quarter, the company's mobile subscription base was 1 percent higher than last year.

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/ap/20111026/ap_on_bi_ge/eu_norway_earns_telenor

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US envoy: Progress in N. Korea talks

The U.S. envoy leading talks with North Korea on Pyongyang's nuclear program says two days of meetings in Geneva have narrowed differences between the two sides.

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But Stephen Bosworth said Tuesday that no agreement was reached on formally resuming negotiations, either bilaterally or in the so-called six-party format that also includes China, Japan, Russia and South Korea.

"It has been a very useful meeting,'' Bosworth told reporters outside the U.S. mission in Geneva. "The tone was positive and generally constructive."

"I am confident that with continued effort on both sides we can reach a reasonable basis of departure for formal negotiations for a return to the six-party process.''

Bosworth says the two sides will remain in touch through North Korea's mission to the United Nations in New York.

U.S. diplomats want North Korea to adhere to a 2005 agreement it reneged on that required verifiable denuclearization in exchange for better relations with its Asian neighbors.

Check back for more details on this developing story. Reuters and The Associated Press contributed to this report.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Source: http://www.msnbc.msn.com/id/45031122/ns/world_news-asia_pacific/

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Wednesday, October 26, 2011

Elizabeth Warren takes credit for Occupy Wall Street: Smart move? (The Week)

New York ? Vying to defeat Sen. Scott Brown, the liberal hero says she's not just an OWS supporter, but one of its intellectual founders. Republicans pounce

While many Democratic politicians, and even a few Republicans, have tepidly embraced Occupy Wall Street, progressive icon Elizabeth Warren has gone further, taking some credit for inspiring the protest movement. "I created much of the intellectual foundation for what they do," Warren, who's running to challenge Sen. Scott Brown (R-Mass.) next year, tells Newsweek's Samuel Jacobs. And "Warren's boast isn't bluster," Jacobs notes, citing her decades of academic research on consumer debt and bankruptcy, along with the Wall Street?battling work she did setting up President Obama's consumer protection bureau. But is aligning herself with Occupy Wall Street really a winning electoral strategy for Warren?

Warren's claim will alienate voters:?Warren is "probably right" in claiming that she laid the groundwork for Occupy Wall Street, says Tina Korbe in?Hot Air. But that's hardly something to brag about.?"Republicans have already begun to point out that, by tying herself to the Occupy Wall Street protests, Warren risks backlash from ordinary voters who decry the impolite manners and more extreme tactics of the protesters." As the Occupiers veer deeper into rowdy class warfare, those risks only grow.
"Elizabeth Warren: I provided the intellectual foundation for Occupy Wall Street"

This is a winning argument for Warren:?Republicans plan to bring Warren down by painting her as one of the "99 percent," says David Dayen at?Firedoglake. Well, "good luck with that!" Most Americans are fed up after 30 years of being "brutalized" by predatory banks, and Warren really was a pioneer in seeing that and explaining what went wrong. I doubt the GOP's normal "loony left"?blue collar "culture war game" will work this time, especially "in, er, Massachusetts."
"Republicans attack Elizabeth Warren for favoring Occupy Wall Street..."

Smart or not, this battle has just begun: "Wow, this is going to be good," says Greg Sargent at?The Washington Post. The early tussling over OWS in the country's highest-profile Senate race is just a preview of what's to come. "National Republicans are placing their bet" that cultural populism will beat Warren's economic populism among key working-class and independent voters ? and Warren is "making the opposite bet." Who's right? Time will tell.
"It?s on: Republicans slam Elizabeth Warren for embracing Occupy Wall Street"

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Source: http://us.rd.yahoo.com/dailynews/rss/oped/*http%3A//news.yahoo.com/s/theweek/20111026/cm_theweek/220712

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Another Day, Another Mac Trojan on the Loose [Apple]

The ESNET security company is reporting that the Tsunami Trojan originally developed for Linux systems has been ported to OSX. The Trojan is designed to hijack an infected system and use its network connection in DDoS attacks or to automatically download more malware. More details are available at MacWorld. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/BxDyNHn57zY/another-day-another-mac-trojan-on-the-loose

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Nokia announces its Drive navigation, Mix Radio, and ESPN Sports Hub cloud services for WP7

Fancy some turn-by-turn voice-guided navigation, cloud based music or sports highlights on your brand new Nokia smartphone? You don't need an app for that: the Lumia 800 is now the only Windows Phone with full navigation built-in. Nokia announced its Drive navigation, which has a look and feel that should be comfortable with users of its former Ovi Maps suite. It also looks to have similar functionality, enabling the download of maps so that you can find our ways into offline areas (see gallery, below).

There's also exclusive Music and ESPN Sports Hub apps. The former features Mix Radio, a service that streams "locally relevant music" across hundreds of channels. The latter, meanwhile, allows sports fans to check up on stats, scores and news, and to pin their favorite teams or leagues to the start screen. All told, the company is promising a "uniquely Nokia" experience -- guess their slick hardware won't be the only way they break out of the WP7 pack. Check out a video demo of the navigation embedded after the break.

Amar Toor and James Trew contributed to this report.

Continue reading Nokia announces its Drive navigation, Mix Radio, and ESPN Sports Hub cloud services for WP7

Nokia announces its Drive navigation, Mix Radio, and ESPN Sports Hub cloud services for WP7 originally appeared on Engadget on Wed, 26 Oct 2011 05:07:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2011/10/26/nokia-announces-drive-mix-radio-cloud-services/

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US military deaths in Iraq war at 4,481 (AP)

As of Tuesday, Oct. 25, 2011, at least 4,481 members of the U.S. military had died in the Iraq war since it began in March 2003, according to an Associated Press count.

The figure includes nine military civilians killed in action.

At least 3,525 military personnel died as a result of hostile action, according to the military's numbers.

The AP count is three fewer than the Defense Department's tally, last updated Tuesday at 10 a.m. EDT.

Since the start of U.S. military operations in Iraq, 32,219 U.S. service members have been wounded in hostile action, according to the Defense Department's weekly tally.

___

The latest identifications reported by the military:

? Pfc. Steven F. Shapiro, 29, of Hidden Valley Lake, Calif., died Oct. 21 in Tallil, Iraq; assigned to the 3rd Battalion, 8th Cavalry Regiment, 3rd Advise and Assist Brigade, 1st Cavalry Division, Fort Hood, Texas.

_Staff Sgt. James R. Leep Jr., 44, of Richmond, Va., died Oct. 17 in Babil province, Iraq; assigned to the 2nd Squadron, 183rd Cavalry Regiment, 116th Brigade Combat Team, Portsmouth, Va.

___

Online: http://www.defense.gov/news/

Source: http://us.rd.yahoo.com/dailynews/rss/iraq/*http%3A//news.yahoo.com/s/ap/20111025/ap_on_re_us/us_iraq_us_deaths

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Tuesday, October 25, 2011

How The Gadget Show built its FPS simulator (video)

Remember The Gadget Show's FPS simulator that we showed you last week? Armed with naught but a pre-release level of Battlefield 3 and £500,000 ($650,000), it transformed a Birmingham studio into the sort of game room only multi-billionaires can dream of (as long as the dreams involved getting shot back, the sim comes packing paintball markers). The episode, which shows how this slice of gaming greatness came to be, has just finished airing here in the UK, where streaming and catch-up services aren't available to those outside the country. Fortunately for you lot, our friends at the show have uploaded the feature for you to watch in all it's glory after the break.

Continue reading How The Gadget Show built its FPS simulator (video)

How The Gadget Show built its FPS simulator (video) originally appeared on Engadget on Mon, 24 Oct 2011 16:00:00 EDT. Please see our terms for use of feeds.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/ksLoJeieprg/

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