This and That On dot Net

The current mobile industry business model can’t survive, writes consultancy PRTM in a fascinating new report on the state of the market released in the lead-up to the Mobile World Congress trade show, running from Feb. 15 to 18 in Barcelona.

Source: http://www.businessweek.com/globalbiz/blog/europeinsight/archives/2010/02/mobile_operator.html

State Street Corp., the third-largest U.S. custody bank, reported a second-quarter profit after a loss a year earlier and said it removed redemption restrictions on clients at its securities lending business.

Source: http://www.businessweek.com/news/2010-07-07/state-street-removes-redemption-limits-as-earnings-rise.html

GE Healthcare, a business unit of General Electric Company (NYSE:GE), announced today a commitment to reduce the average energy consumption of new ultrasound products by 25 percent by 2012*. With support from the European Union (EU) Commission, GE Healthcare and a group of ten other medical device manufacturers within the European Coordination Committee of the Radiological, Electromedical and Healthcare IT industry (COCIR), have proactively committed to a self-regulatory initiative for the energy efficient design of medical imaging equipment…

Source: http://feedproxy.google.com/~r/mnt/healthnews/~3/SzACxHmUkWo/3BLc

Repsol YPF SA, Spain’s largest oil company, is seeking to raise about $4 billion from an initial public offering of its Brazilian business, valuing the unit at about $10 billion, two people familiar with the plan said.

Source: http://www.businessweek.com/news/2010-07-30/repsol-said-to-seek-4-billion-for-ipo-of-brazil-unit.html

Xe Services LLC, the security company formerly known as Blackwater Worldwide, brought in BlackArch Partners as an adviser as founder Erik Prince seeks a buyer for the business.

Source: http://www.businessweek.com/news/2010-08-03/xe-hires-blackarch-as-blackwater-founder-seeks-sale.html

Amazon.com Inc., the world’s biggest Internet retailer, doesn’t plan to cede ground in its growing digital books business. To that end, it’s adding features to the application that make its digital books available on competing devices — a move designed to ensure it won’t lose sales even as …

Source: http://www.businessweek.com/the_thread/techbeat/archives/2010/06/amazon_kindle_app_gets_friendlier_with_apple.html

Qantas Airways Ltd. and AirAsia Bhd. are challenging Singapore Airlines Ltd. and other full-service carriers with a low-fare, long-haul business model that has previously failed.

Source: http://www.businessweek.com/news/2010-07-04/qantas-airasia-may-make-low-cost-long-haul-a-force-in-asia.html

Korean Air Lines Co. intends to get 50 percent of passenger revenue from premium classes by 2019 as it adds new planes and challenges Singapore Airlines Ltd. and Cathay Pacific Airways Ltd. for business travelers.

Source: http://www.businessweek.com/news/2010-07-20/korean-air-seeks-50-of-sales-from-premium-classes.html

The U.S. Supreme Court agreed to consider longstanding business complaints that states including California are undermining the benefits of arbitration by requiring that consumers be allowed to press cases as a group.

Source: http://www.businessweek.com/news/2010-05-24/consumer-arbitration-draws-u-s-high-court-review-in-at-t-case.html

Telstra Corp. surged the most in a decade in Sydney trading after Australia’s largest phone company avoided state sanctions by surrendering the nationwide fixed- line business to the government.

Source: http://www.businessweek.com/news/2010-06-21/telstra-surges-on-government-internet-network-deal-correct-.html