SecureState releases smart-meter hacking tool, claims world first

SecureState, a management consulting firm specializing in information security, has released what it claims is the world’s first tool that allows users to assess the security of smart utility meters over an optical interface.

SecureState (Cleveland, USA) had previously sent a “lite” version of the tool, branded Termineter, to a select group of registrants, but the full open-source code allows individuals to manipulate and test the security of smart meters with full functionality.

Teologis takes over Navtrak

Navtrak (Salisbury, USA), which supplies GPS technology for fleet-management services, has been acquired by Software-as-a-Services (SaaS) company Telogis (Aliso Viejo, USA).

Telogis says the takeover will strengthen its position in the market for location-based services.

Report: M2M market poised for biggest transformation ever

The M2M market is on the brink of the biggest transformation in its 10-year history, according to a new report from market-research company Maravedis-Rethink.

AEP Texas expands smart meter rollout

Utility company AEP Texas has signed a new agreement with Landis+Gyr, owned by Toshiba and the Innovation Network Corporation of Japan, for the installation of smart meters across its entire service territory.

AEP had previously contracted Landis+Gyr to provide 720,000 of its “Gridstream” meters, 500,000 of which have now been deployed. Under the new deal, Landis+Gyr will provide an additional 280,000 meters to the rural areas of AEP’s service territory not covered as part of the original agreement.

Verizon Wireline disappoints, shares off 2.9 percent

Reuters

Weakness in Verizon Communications Inc's enterprise business offset a better-than-expected wireless quarter, sending the telephone company's shares down 2.9 percent.

After pushing Verizon's shares up 14 percent so far this year, investors focused in on the wireline miss on Thursday even as Verizon handily beat Wall Street estimates for wireless subscriber growth and profitability.

While earnings per share (EPS) met Wall Street expectations for the quarter, analyst said that wasn't enough.

China Mobile subscribers up 1.1 percent in June to 1.05 billion

Reuters

China, the world's largest mobile phone market, saw a 1.14 percent monthly increase in mobile subscribers to 1.05 billion in June, data from the country's three telecommunications operators showed.

The number of mobile subscribers in China has been growing steadily, with handset vendors such as Apple Inc , Samsung Electronics Co Ltd <005930.KS>, Huawei Technologies Co Ltd and ZTE Corp <0763.HK> <000063.SZ> clamoring for more market share.

Nokia revival hopes fade as analysts cut targets

Reuters

Analysts cut their price targets on Nokia to little more than the value of its cash and patents on Friday as hopes fade that phones using new Microsoft software can revive the ailing mobile company anytime soon.

The launch of new Lumia smartphones, expected to start in September, has turned into a make-or-break event for Nokia boss Stephen Elop, the architect of a tie-up with Microsoft which has so far done little to resurrect the firm's challenge to the dominance of Apple's iPhone and Samsung's Galaxy models.

Apple vs Samsung patent trial kicks off in Australia

Reuters

Apple Inc (AAPL.O) and Samsung Electronics Co (005930.KS) began the latest round of their long-running global patent war on Monday as an Australian judge started hearing evidence for an anticipated three-month long trial.

Apple and Samsung have been locked in an acrimonious battle across 10 countries involving smartphones and tablets since April 2011, with the Cupertino, California-based company filing a suit in Australia saying the touch-screen technology used in Samsung's new Galaxy 10.1 tablet violates Apple patents.

Kuwait's Wataniya Q2 profit halves, hit by Algeria currency loss

Reuters

Wataniya, Kuwait's No. 2 telecoms operator, reported a 49 percent drop in second-quarter profit on Monday, hit by foreign exchange losses from its Algeria unit and increased domestic competition.

Net profit at the firm, a subsidiary of Qatar Telecom (Qtel) , was 19.1 million dinars ($67.83 million) in the three months to June 30, down from 37.3 million dinars in the same period last year, a company statement said.

The company had 18.3 million customers as of June 30, up 8.3 percent from a year ago.

AT&T data fees to jump in new shared plan option

Reuters

AT&T Inc is following bigger rival Verizon Wireless with a new type of family plan that will significantly raise its fees for data services, such as mobile Internet.


But, unlike its rival, AT&T (Dallas, Texas, USA) said the plan will be an option, rather than a requirement, for new customers. AT&T customers and some Verizon (New York) customers upgrading to a new phone will also be able to keep their old plans, the companies said.

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