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For example, The SPEECH Act is a federal law that forbids the enforcement of a defamation judgment based on substantive foreign law that does not meet First Amendment standards. While that act is limited to defamation, other case law has held that American entities are entitled to Due Process under American law when a ... |
The SPEECH Act was largely motivated by the case of Rachel Ehrenfeld, a writer and research scholar who alleged that Saudi billionaire Khalid bin Mahfouz had financed al-Qaeda through his bank and charitable organization. |
Ehrenfeld, a U.S. citizen based in New York, had not written or marketed her book internationally and refused to acknowledge the jurisdiction of the British court over her case. Her refusal resulted in the British Court awarding a default judgment against her which was not enforceable in the United States. |
That’s all well and good for individual bloggers or writers like Ehrenfeld who have no assets in a foreign country to be seized by court order. But news and public interest organizations who have bureaus in those countries are at risk. In addition, many nations forbid foreign ownership of media outlets, so many news or... |
Globalists and Social Justice Warriors may rejoice at “dumbing down” our free speech standards to the European level. |
In 2008, actress and animal-rights activist Brigitte Bardot was convicted in France on charges of “inciting racial hatred” for her criticism concerning the ritual slaughter of sheep during a Muslim feast. In the UK, Harry Taylor, an atheist who placed drawings satirizing Christianity in an airport prayer room, was conv... |
While it is unlikely that such judgments would be enforced here (as in the case of Rachel Ehrenfeld), if the European Court of Justice rules that Google (and others) doing business in Europe must block “offensive” content on a worldwide, and not just a European scale, there’s little doubt Google and others would cave: ... |
If Silicon Valley acquiesces to extraterritoriality, as a result, our eyes and ears overseas could be shut down, and the world would be thrown back to the 1950s, when people yearning to hear the truth about tyrannical governments would huddle in a basement around a radio tuned to Voice of America at the risk of arrest. |
Intel’s acquisition of mobile network assets from silicon vendor Mindspeed Technologies will give the chip giant what it needs to extend the Intel architecture throughout mobile operator networks, helping the carriers upgrade hardware and roll out new services more quickly, according to Intel. |
Intel announced on Monday that it would acquire the wireless access business of Mindspeed, known for chips that power small cells. It didn’t disclose the price but said the deal is likely to close in the first quarter of next year. The rest of Mindspeed is being acquired by network chip maker M/A-COM Technology Solutio... |
As with other areas of IT infrastructure, Intel has begun making inroads into service-provider networks. Standard Intel-architecture chips already power application processing within those networks, as well as control functions and processing of IP (Internet Protocol) packets, said Steve Price, general manager of Intel... |
With the Mindspeed assets, Intel will gain technology for the very edge of mobile systems, the radio-access networks (RANs) where signals from client devices hits cellular base stations and is converted into packets, Price said. This so-called baseband processing today typically is done by DSPs (digital signal processo... |
Mobile networks have mostly been the realm of specialized hardware platforms, which are updated less often than Intel’s and are more time-consuming to program for, Price said. With Intel chips for all parts of a carrier’s network, equipment vendors will be able to refresh their systems with higher performance each year... |
With networks built with Intel chips from end to end, it will be easier to realize intelligent, software-driven networks that can make more efficient use of strained resources, Price said. As mobile demands grow, this will be essential. |
”If the operator doesn’t change the way they’re building networks, then our user experience is going to be compromised,” Price said. |
For example, the smarter networks could let carriers could tune a customer’s service at any given time based on where they are, what app they are running, where the current network bottlenecks are, and other factors. The networks will also be able to use subscriber priority and app security requirements into considerat... |
Intel’s prospects as an end-to-end network chip supplier aren’t clear, analysts said. The company has a spotty track record for penetrating the cellular market, including its attempts with WiMax and with smartphone chips, Ovum analyst Daryl Schoolar said. And in this case, it’s buying into a cloudy business. |
”The small cell itself remains just swamped in hype and unrealized expectations,” Schoolar said. |
However, the acquisition should be good news for the small-cell industry, said analyst Ed Gubbins of Current Analysis. The business that Intel is buying has suffered from the slow ramp-up in small cells, he said. |
”The Intel deal replaces a weak player with a very strong, stable one that has a much better chance of being able to meet the anticipated demand for scaling up small cells in the relatively near future,” probably around 2015, Gubbins said in an email interview. |
The Mindspeed acquisition is particularly important because the five biggest RAN vendors are customers, and the company’s future was uncertain after the M/A-COM buyout was announced. |
”Now they at least have some more visibility into the future, so they don’t have to pause in their plans, waiting to find out about Mindspeed’s fate,” Gubbins said. |
A Malaysian banker in Cambodia has turned his attention toward helping poor people get out of the poverty trap in Cambodia. |
Chee Chin Hoe is CEO of VisionFund Cambodia, the microfinance arm of NGO World Vision International, a social development NGO, headquartered in Monrovia, California. |
For more than a year and a half, Chee’s leadership at VisionFund has been aimed at encouraging low-income Cambodians to develop financial plans for their future. |
“When you don’t have any financial literacy, then you don’t think of the need to save for the future. When you don’t have a financial plan, you spend what you have and you don’t see there is any purpose in having a surplus, because in the first place there wasn’t a plan,” Chee said. |
“Rather than just depending on fate, if there is a plan, when your children grow up you will be able to have some money for their education. They can also make a plan to see how they can expand their business so there will be more cash surplus,” Chee said. |
Chee is a third-generation Malaysian Chinese and at age 54, is the same age as the Malaysian nation. |
VisionFund began as a micro credit programme around the world to lend out money to the poor segment of people. Today, VisionFund International, which is a subsidiary of World Vision International, has operations in about 40 countries. Cambodia has the largest number of clients amongst VisionFund International’s network... |
Chee says while it is important to serve poor people, it is also important for the fund not to be depleted in order to keep surviving and be sustainable. |
A career banker himself in Malaysia, Chee saw the VisionFund opportunity as a way to use his existing skills and shift gears toward the lower-income segment of society in Cambodia. |
“The fact is that Cambodia has a greater need than Malaysia. I am happy that as a Malaysian, I am able to avail myself to living in another country to serve a greater need,” Chee said. |
“Malaysia has enough skill to carry on the development. I want to be able to use my skill and experience to help in a place which has lesser resources and considered less developed than Malaysia; here can I use my life to be more impactful." |
Microfinance interest rates on loans are usually higher than those of commercial banks because of the greater number of people and travel involved and the smaller amounts of the loans. |
Another factor is the higher overheadsassociated with operating in more rural areas, having to travel to rural villages and employing more staff. |
“Our operation costs are higher. We ourselves borrow money from commercial lenders to lend to the poor. Most of our lenders are foreign,” he said. |
Chee is optimistic about Cambodia because of the openness of the society. |
As a way to help even out the wide gap between rich and poor in Cambodia, Chee encourages the rich to invest in the poor through projects like VisionFund’s Social Investor Term Deposit (SITD). |
VisionFund, which operates almost like a bank, is offering a 10% return on term deposits in Cambodian Riel during a promotion period between now and September 30. |
“Riel is more scarce than US dollars, the supply is lesser and the cost of borrowing local currency is higher, therefore generally the rates offered for Riel deposits are higher than US dollar deposit,” Chee said. |
The Maricopa High School Rams football team showcased their arsenal of talent against the Notre Dame Prep Saints in a scrimmage at Rams Field Thursday night. |
Maricopa’s first string offense didn’t seem to have much issue moving the ball down the field. |
The Rams offense didn’t play a flawless game. Running backs were able to attack the holes, and quarterbacks had plenty of time to find their receivers. Receivers struggled a bit with dropped balls and poor blocking, but when Maricopa entered the red zone, their talent shined through. |
Junior receiver David Owens and utility player Isaiah Pedro both made spectacular plays at the wide receiver position to score touchdowns. Aaron Owens utilized his speed and arm strength at quarterback to constantly push the team forward as well. |
The experienced front line showed their power and how important they will be to the offensive success this season. Rarely were the quarterbacks under pressure, and the running backs gained yards nearly every time they touched the football. |
On the defensive side of the ball, the first string unit played very well. The linebackers and defensive backs were swarming to the ball and hitting hard. If the Rams showed any weaknesses, though, they revealed their depth on the defensive side of the ball is lacking and will need to be coached up throughout the seaso... |
The first string defense kept an explosive Notre Dame Preparatory offense in check for the most part. When the second string players entered the game, the Saints were able to spread the field and create opportunities for big plays a bit more. |
Overall, the Rams defense still looked vastly improved from last year. If the defense can bring that level of intensity into each game, Maricopa will likely compete well with any team they face this season. |
McDonald was quick to address the need to master the basics though. Despite a potent offense, the Rams lost three games last season by one score. “Losing pretty” will not be acceptable for this year’s team. |
As a whole, the Rams looked balanced on both sides of the ball. They still have some issues to work on, but the talent is in place to make a run at the playoffs. The team’s first real test will come on Friday when they host Agua Fria High School to kick off the regular season. The game will begin at 7 p.m. at Rams Fiel... |
Perhaps one person can change things - or at least expose wrongs. And throughout her political career of nearly two decades, former U.S. Rep. Cynthia McKinney has used the power of her voice to try to do both by amplifying the political issues that she feels are important. |
McKinney uses that same voice regularly to proclaim what she feels is the truth about the United States political system - as she did Saturday night in an address to delegates gathered for a banquet at the 11th annual Georgia State Conference of the NAACP at the Savannah Convention and Trade Center. |
Not only has McKinney's voice amplified the current state of Black America, but she openly expresses her belief that the United States government is partly to blame for the challenges of her community. |
"The black community in the U.S. is presently not being responded to by the political leadership in (this) country," McKinney said when asked what she hopes her audience took away from her speech. "We need to press that leadership for resolutions." |
The statistics of her community all but speak for themselves. Nearly 20 percent of blacks don't have any health insurance. Almost 1.4 million black men's voting rights are in jeopardy because of a felony convictions. More than 8 million blacks live in poverty. |
Pressing the issues is mostly what McKinney is known for. She has been a harsh critic of the Bush administration's response to the September 11 attacks, the War in Iraq and the handling of Hurricane Katrina destruction. |
Believing she is a "chosen voice" and an unrelenting advocate for the underprivileged, McKinney's behavior during Saturday night's event was different from the persona the media often paints of her. She made a personal effort to greet the majority of the night's attendees with some gesture of warmth. She was personable... |
McKinney was asked after her speech about the apathy that seems to be displayed by a generation younger than her own. |
"Young people are not apathetic," she said. "They are looking for a leader, someone to step up. They are the leader that they are looking for." |
Saturday night's gala was an annual fundraising event sponsored by the Georgia State Conference of the National Association for the Advancement of Colored People to continue the goals and objectives of the organization. The theme of the event was "Women Being Empowered." |
"We need to recognized women for their strength and courage," said NAACP state President Edward DuBose. "Cynthia is a longtime friend of the NAACP, and she certainly displays courage. She is not afraid to speak out." |
DuBose said the NAACP is striving to close the divide between the black community and mainstream America. |
Saturday night, these two advocates for change joined forces - and voices - to encourage those attending the Gala to move from just being frustrated about their community to actually mobilizing their efforts into action. |
NEW YORK ( TheStreet) -- The following companies from the telecom industry based out of countries like China, France, Russia and the U.K. have strong potential upsides, based on quarterly results reported or soon to be released. Moreover, some of these companies generate attractive dividend yields. |
A Research and Market report on Telecom 2011 says there are more than 5 billion global mobile subscribers, compared to less than 500 million subscribers in 1999. China and India offer huge potential for growth, driven by desirable demographics and the interest shown by large carriers and private investors. |
With emerging markets at the forefront, global mobile growth is forecast robust, with AT&T ( T - Get Report), NTT DoCoMo ( DCM and Verizon Communications ( VZ - Get Report) the top three global carriers in terms of sales. |
Analysts expect these six telecom stocks to generate 10% to 49% upside over the next 12 months. These stocks have an average buy rating of 57% and zero sell rating. The dividend yield for these stocks ranges from 2% to 10%. |
6. France Telecom ( FTE offers fixed and mobile telephony, data transmission, Internet and multimedia, and other value-added services for individuals, businesses and telecommunications operators. Broadly, the telco structures its operations into three segments: Personal Communication Services (PCS), Home Communication ... |
On June 15, 2011, France Telecom paid its interim dividend of $1.14 per share, completing its full dividend payment of $2 per share for fiscal 2010. Currently, the company has a strong dividend yield of 9.55%. |
For the first half of 2011, FTE's customer base swelled 7%, led by a 23% increase in mobile services in Africa and the Middle East. As of June 30, 2011, it had customers stood at 217.3 million customers at a 9.2% growth rate. Consolidated revenue improved 1.3% to $32.47 billion from the year-ago period. For 2011, the c... |
The company recently said that it plans to launch a low-cost mobile brand called Sosh for smartphone users, primarily to address the social networking phenomenon more effectively. Sosh essentially targets young people and will be sold only on the web with no fixed contracts. Fitch Ratings has affirmed FTE's long-term i... |
Of the two analysts covering the stock, 50% recommend a buy and the rest rate a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg see the stock gaining an average 9.9% to $21.70 in the next 12 months. |
5. China Telecom ( CHA - Get Report) is an integrated information services provider in China offering a range of telecommunications services, including wireline voice services, mobile voice services, Internet access services, value-added services, integrated information application services, managed data and leased lin... |
On July 11, the company recorded a gross dividend of $1.09 per share with a net dividend payout of 98.3 cents per share to shareholders. Currently, CHA has a dividend yield of 2.1%. |
China Telecom disclosed that it had 108.37 mobile subscribers in June, an increase of 2.67 million from the previous month and by 17.85 million from June 2010. This figure includes 21.54 million 3G subscribers, an increase of 1.87 million month-on-month and 9.25 million year over year. |
Industry sources report that the telecom operator has reached an agreement with Apple ( AAPL to launch the CDMA version of the iPhone in China by 2012 latest, or as early as October 2011. Separately, Ticonderoga Securities estimates that China Telecom has 13 to 15 million high-end subscribers with majority of them bein... |
Of the 5 analysts covering the stock, 60% suggest a buy and the rest rate a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg foresee the stock gaining an average 10.3% to $70.75 in the upcoming 12 months. |
4. China Mobile ( CHL engages in providing a range of mobile telecommunications services in 31 provinces, autonomous regions and directly-administered municipalities in China and in the Hong Kong Special Administrative Region of China. |
With its businesses consisting of voice and value-added services, the company offers mobile telecommunications services using the Global System for Mobile Communications (GSM). With a dividend yield of 3.96%, the company has a dividend payout ratio of 43.31%. |
China Mobile has established its payment company China Mobile E-commerce with a registered capital base of $77.7 million. China Mobile Group Hunan is the sole shareholder of the e-commerce company. Recently, China Mobile E-commerce applied for the license of payment business. China Mobile recently slashed its internati... |
The company's user base swelled by 5.62 million in June 2011, taking total subscribers to 616.8 million at the end of the month. On a year-over-year basis, subscribers increased 32.8 million. Meanwhile, 3G subscribers grew 3.03 million to 35.03 million at the end of the month. |
Mobile Market, the company's online application store, reported 70,000 applications and more than two million developers at the end of June 2011. Also, the number of registered users topped 80 million, while cumulative downloads exceeded 360 million. |
Of the 5 analysts covering the stock, 40% recommend a buy and the rest rate a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg foresee the stock gaining an average 12.1% to $54.63 in the upcoming 12 months. |
3. Vodafone Group ( VOD, a global mobile communications company, offers a range of services including voice, messaging, data and fixed-line solutions and handsets. The company has equity interests in over 30 countries and over 40 partner markets worldwide. Vodafone operates in Europe, Africa, Central Europe, Asia-Pacif... |
Vodafone recently announced that the board of Verizon Wireless has approved the payment of a $10 billion dividend. With a 45% stake in Verizon, Vodafone will be eligible for a dividend of $4.5 billion, payable Jan. 31, 2012. Vodafone intends to pay special dividend of $2.85 billion to shareholders in February 2012. Cur... |
The group's revenue totaled $19.09 billion at the end of the June 2011 quarter, for a 3.5% year-over-year growth. Service revenue rose 2.6% during the same period, while group data revenue grew 24.5%. Driven by broadband subscriber accretion, fixed-line services revenue increased 8.7% to $1.47 billion. The company has ... |
Recently, the company launched Vodafone 555 Blue -- the world's first designated prepay phone -- designed to put the Facebook experience into the heart of the handset. For fiscal 2012, the company estimates adjusted operating profit in the range of $15.7 to $16.8 billion and free cash flow of $8.6 to $9.3 billion. |
Of the 6 analysts covering the stock, 67% recommend a buy and the rest rate a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg see the stock gaining an average 21.1% to $33.30 in the upcoming 12 months. |
2. Mobile TeleSystems ( MBT - Get Report) is a leading telecommunications group in Russia, offering mobile and fixed voice and data services, including transmission, broadband, pay-television, a host of value-added services, as well as distribution equipment and accessories. The company operates through subsidiaries an... |
With a dividend yield of 5.8%, MBT has a five-year dividend growth rate of 99.1%. For fiscal 2010, the company's dividend as a percentage of net income stood at 78% with a dividend amount of 52 cents per share. |
According to market research group AC & M, mobile phone subscriptions in Russia increased to 222.7 million in June, a penetration rate of 153.4%. Total mobile phone users grew 0.6 million in June from the prior month. As of June 30, 2011, MTS had the highest market share of 31.9% in Russia, and 37.6% and 29.5% in Mosco... |
For the first quarter 2011, the group's revenue was up 12% year over year to $2.93 billion, led by subscriber additions, growth in data traffic and handset revenue. Cash and cash equivalents stood at $1.19 billion as compared to $927.7 million for the December quarter. Average Revenue Per User (ARPU) for mobile busines... |
Of the 23 analysts covering the stock, 74% recommend a buy and the rest rate a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg see the stock gaining an average 40.2% to $25.48 in the upcoming 12 months. |
1. Telecom Italia ( TI - Get Report), a telecommunication services provider in Italy, offers fixed and mobile telephony, Internet, media and news services through fixed and mobile telephones, personal computers and television terminals. The company divides its operations into: Domestic Business, Brazil Business, Argent... |
Telecom Italia has a strong dividend yield of 7.16% with a dividend payout of 37.84% during the past 12 months, starting mid-July. |
Telecom Italia Media reported that net loss for the first half of 2011 narrowed to $23.4 million from $31.8 million in the same period prior year as it seeks to boost its company value driven from high interest from international groups. Net financial debt, during the first half 2011 which stood at $207 million, is lik... |
During the final week of July, TI completed the acquisition of a 71% stake in 4G Holding for $12 million through wholly owned subsidiary TLC Commercial Services. With this acquisition and 200 sales points of 4GH in Italian shopping malls, Telecom Italia will enhance its positioning among specialist retailers of telepho... |
Of the two analysts covering the stock, 50% recommend a buy and the remaining suggest a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg see the stock gaining an average 49.2% to $17.41 over the next 12 months. |
>>To see these stocks in action, visit the 6 Telecom Stocks to Watch portfolio on Stockpickr. |
A Louisiana solider and his girlfriend were arrested Sunday night after his wife’s body was found in the trunk of a car. |
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