Sunday, August 19, 2012

Consumer Watchdog Praises Judge's Decision Rejecting Proposed Settlement In Facebook "Sponsored Stories" Privacy Settlement

??U.S. Census Bureau Daily Feature for August 19 (2012-08-19 05:02)
U.S. Census Bureau Daily Feature for August 19 - on ITbriefing.net

WASHINGTON, Aug. 19, 2012 -- Following is the daily "Profile America" feature from the U.S. Census Bureau:


??Comcast and Fresno Mayor Ashley Swearengin Kick Off Year Two of The Groundbreaking Internet Essentials Program Designed to Help Close The Digital Divide (2012-08-18 20:32)

FRESNO, Calif., Aug. 18, 2012 --?Fresno Mayor Ashley Swearengin and Comcast Senior Vice President of Strategic Operations, Filemon Lopez, today announced year two of Internet Essentials, an ambitious and comprehensive broadband adoption program designed to help close the digital divide for low-income Americans.? In its first full year of availability, nearly 100,000 families or 400,000 Americans are now online and Comcast continues to enhance the program with new features and processes designed to accelerate enrollment in the program.? The Greater Fresno area currently has more than 2,650 families connected to the Internet Essentials program.


??Consumer Watchdog Praises Judge's Decision Rejecting Proposed Settlement In Facebook "Sponsored Stories" Privacy Settlement (2012-08-18 02:52)

SANTA MONICA, Calif., Aug. 17, 2012 --?Consumer Watchdog praised Judge Richard Seeborg's rejection late Friday afternoon of a proposed settlement in a class action suit against Facebook for using its users' personal information in "Sponsored Stories" advertisements without their consent.

"This decision does much to defend the integrity of the class action process," said John M. Simpson, Consumer Watchdog's Privacy Project Director. "The way this deal was proposed there was no real benefit for class members."

In his decision in Fraley v. Facebook Justice Seeborg wrote:

"In this instance there are sufficient questions regarding the proposed settlement that it would not be appropriate simply to grant the motion and postpone resolution of those issues to final approval."

Read Settlement here: http://www.consumerwatchdog.org/resources/fraley_order.pdf

Consumer Watchdog had opposed the settlement saying that proposed deal "is not fair, adequate or reasonable and provides no direct or indirect benefit to class members."

"Under the proposed settlement Facebook is poised to continue to misappropriate its users' personal information without their consent," wrote Laura Antonini, Consumer Watchdog staff attorney in objecting to the settlement. "Indeed, Facebook recently expanded Sponsored Stories to its mobile platform, an arena where the misappropriation of personal information has far reaching and potentially dangerous consequences; the proposed settlement does not address this major expansion."

In his order Friday Judge Seeborg raised concerns about these area of the proposed deal:

-- The propriety of a settlement that provides no monetary relief directly to class members.

-- The amount of $10 million cy pres award, money going to charities. "Assuming that it may be appropriate to approve a settlement that provides for no cash distribution to class members in this case, the question will remain as to whether $10 million in cy pres recovery is fair, adequate, and reasonable," the Judge wrote.

-- The injunctive relief.

-- The amount of attorney's fees, which could total $10 million.

Visit our Website at www.ConsumerWatchdog.org


??Infonetics: IPTV Operators Turning Up the Heat with Multi-Screen TV, Content Discovery, Social Networking (2012-08-18 01:37)

Market research firm Infonetics Research released excerpts from its 2012 IPTV Service Deployment Strategies: Global Service Provider Survey, for which service providers currently providing IPTV network services were interviewed to assess their needs and to analyze trends in the IPTV market.


??Mentor Graphics Files Patent Infringement Suit against EVE (2012-08-18 00:57)

Mentor Graphics Corporation (NASDAQ-NMS: MENT) today announced it had filed another patent infringement suit against EVE in the U.S. Federal District Court for the District of Oregon.


??Chemtura Announces Polyester Polyols Price Increase (2012-08-18 00:27)

Chemtura Corporation (NYSE: CHMT) announces today that effective Sept. 1, 2012, or as contracts allow, it will increase prices up to 6 percent for its polyester polyols, including FOMREZ? products, globally. This price increase is necessary given the continued escalation of raw material costs.


??Convergence CT Deploys Advanced Clinical Data Warehouse at Advocate Health Care (2012-08-18 00:17)

Illinois based Advocate Health Care, one of the nation?s top health systems, has successfully completed implementation of its Clinical Information System, a consolidated information source that brings together patient-linked longitudinal data from diverse hospital systems. Utilizing Convergence CT?s (CCT) Clinical Data Warehouse (CDW) technology and services, working with Advocate?s subject matter experts, data is converged into a single, easily accessible resource for clinical research, data reporting and operational studies. This affords Advocate?s medical and quality staff the ability to perform detailed, ?deep? queries necessary to satisfy complex protocols without requiring additional Information Technology resources or impacting operational database systems.


??Mobile Integrated Systems Enters Into a Perpetual Worldwide License and Commercialization Agreement with Quantitative Alpha Trading (2012-08-18 00:12)

TORONTO, Aug. 17, 2012 -- Mobile Integrated Systems, Inc. (OTC: MIBI) is pleased to announce that it has entered into a perpetual worldwide licensing and commercialization agreement (the "Agreement") with Quantitative Alpha Trading, Inc. (CNSX: QAT) to develop QAT software and market all of QAT's products.


??ZIM Corporation reports first quarter 2013 financial results (2012-08-17 23:32)

OTTAWA, Aug. 17, 2012 - ZIM Corporation (OTCBB: ZIMCF), a provider of software products and services for the database and mobile markets: today announced its financial results for its first quarter ended June 30, 2012. All figures presented are calculated in accordance with generally accepted accounting principles (GAAP) in the United States and presented in US dollars.


??Interactive Brokers Group, Inc. Receives NASDAQ Notice of Non-Compliance with Listing Rules (2012-08-17 22:37)

Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, announced that on August 16, 2012 it received a letter from the NASDAQ staff notifying the Company that it is non-compliant with NASDAQ Listing Rule 5250(c)(1) because its Quarterly Report on Form 10-Q for the period ended June 30, 2012 was not filed on a timely basis with the Securities and Exchange Commission (?SEC?) and has not yet been filed.


??ZAGG CEO Steps Down (2012-08-17 22:17)

ZAGG Inc. (NASDAQ-NMS: ZAGG), a leading mobile device accessories and technology company, announced today that Robert G. Pedersen II has stepped down as CEO and Chairman. ZAGG President and COO Randall Hales has been appointed interim CEO by the Board of Directors, and Cheryl Larabee has been appointed to serve as Chairperson of the Board of Directors, effective immediately.


??ThinkForex? Releases Client Portal with New Advanced Account Management Features - cPortal? (2012-08-17 22:02)
ThinkForex? Releases Client Portal with New Advanced Account Management Features - cPortal? - on ITbriefing.net

AUCKLAND, New Zealand, Aug. 18, 2012 --?ThinkForex is upgrading its forex trading client portal, improving the way customers interface with the company. The new ThinkForex cPortal provides traders with one central location to complete all essential forex account management functions. Accessible from any web enabled device, the cPortal will place you in full control of your forex trading account in real-time.


??Leap Reports Granting of Inducement Awards (2012-08-17 22:02)
Leap Reports Granting of Inducement Awards - on ITbriefing.net

SAN DIEGO, Aug. 17, 2012 -- Leap Wireless International, Inc. (NASDAQ-NMS: LEAP), a leading provider of innovative and value-driven wireless communications services, reported today that it has issued inducement awards to three new non-executive employees.


??Equifax Board of Directors Declares Quarterly Dividend (2012-08-17 22:02)
Equifax Board of Directors Declares Quarterly Dividend - on ITbriefing.net

ATLANTA, Aug. 17, 2012 --?Equifax Inc. (NYSE: EFX) today announced that the Equifax Board of Directors declared a quarterly dividend of $0.18 per share, payable on September 14, 2012, to shareholders of record as of the close of business on August 24, 2012. Equifax has paid cash dividends for 99 consecutive years.


??Port Authority Police Benevolent Association, Inc. Responds to JFK Airport Security Concerns Reported by the New York Post on Friday, August 17, 2012 (2012-08-17 21:57)

Responding to inaccuracies in recent media reports concerning identified security flaws at John F. Kennedy Airport, Port Authority Police Benevolent Association President Paul Nunziato clarified his remarks to the New York Post during a conference call on August 16, 2012: ?There has been some misunderstanding of the terms utilized in reports concerning a security gate at JFK which was noted in a report as being ?unsecured,? Nunziato stated. ?The Port Authority Police Benevolent Association informed the New York Post?s editorial staff, prior to the Post publishing the story, that the gate in question was NOT unlocked and was NOT reported to be unlocked. This same information was also conveyed to the Post by the Port Authority.?


??SwRI Receives U.S. DOE Award to Advance Clean Coal Technology (2012-08-17 21:37)

Southwest Research Institute and industry collaborator Thar Energy LLC have received $700,000 from the U.S. Department of Energy to demonstrate a novel, supercritical carbon dioxide (sCO2) power cycle using pressurized oxy-combustion, a process that uses pure oxygen instead of air as the primary oxidant. The contract award is one of eight given by DOE to support the development of carbon capture, utilization and storage technologies for coal-fired plant emissions.


??M2M Creations, LLC Launches Off-the-Floor EZ Store Storage Solutions (2012-08-17 21:22)

CORONA, Calif., Aug. 17, 2012 -- M2M Creations, LLC, comprised of three entrepreneurial mothers/professionals, announces the launch of its e-commerce business. The first product offering branded Off-the-Floor EZ Store provides simple, innovative storage solutions. A patent-pending modular storage system, with both wall mount and door hang options, does not consume any valuable floor space. Unit assembly and customization of various accessories makes it a "snap" for anyone. This multi-purpose, all-in-one storage solution meets the needs of a wide array of consumers lacking space and seeking efficient organization.



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