A thin but energetic Steve Jobs made a surprise return to the spotlight on Wednesday, taking the stage to unveil Apple Inc's new iPad and drawing a standing ovation.
The Silicon Valley legend has been out on medical leave since late January and his reappearance, in trademark turtleneck and jeans, bolstered Apple shares and reassured investors and fans worried about his health.
LightSquared (Reston, VA, USA), a wholesale-only wireless broadband and satellite network provider, has closed on $586 million of debt, led by UBS AG and JP Morgan. LightSquared will use the proceeds of the financing for general corporate purposes, which include constructing its 4G-LTE network. Over the last seven months, the financially troubled company has raised more than $2 billion in debt and equity.
HP (Palo Alto, CA, USA) introduced four new telehealth partnerships on Sunday at the annual Healthcare Information and Management Systems Society (HIMSS) conference. "LifeBot," provider of a mobile telemedicine solution, "Canvys," a medical display company, "Medweb," a cloud-hosted image and data repository, and "Parental Health," a senior monitoring company.
Frustrated school officials have turned to GPS tracking in an attempt to curb truancy, as reported in a local California, USA newspaper. The six week pilot program is aimed at habitually truant seventh- and eighth-grade students with four or more unexcused absences.
IEEE has announced that IEEE P2030, a proposed standard for smart grid communications, is nearing sponsor ballot within IEEE, a major milestone toward ratification as a standard. Work will continue at the IEEE P2030 Working Group meeting, today and tomorrow in New Orleans, LA, USA.
IEEE P2030 is being developed for use by the power engineering, communications and information technology industries worldwide as a foundational, system-of-systems guide for Smart Grid interoperability. IEEE is the first standards development organization to address Smart Grid interoperability.
IDTechEx (Cambridge, MA, USA), an M2M-sector analyst firm, has released their "Printed and Chipless RFID Forecasts, Technologies & Players 2011-2021" report, which predicts a spike in this market to $3.93 billion by 2019.
Sprint (Overland Park, KS, USA) is partnering with IDEAL LIFE Inc. (Toronto, Canada) to expand IDEAL LIFE's product portfolio to include embedded wireless devices. The companies will develop, certify and co-market a version of the IDEAL LIFE hub to transmit health data over the Sprint network.
Chinese telecom equipment makers have their sights set on the United States, a massive market that has so far been largely off limits to them because of fears over the security of key national infrastructure.
Huawei (Shenzhen, China), the world's number three seller of network gear, and ZTE (Shenzhen), number five, both told Reuters in interviews at the Mobile World Congress in Barcelona that they wanted to crack the United States.
Vodafone (London) and Intel (Santa Clara, CA, USA) will co-develop a new kit that will allow companies to embed M2M functionality into products. The kit will be built around Intel's "Atom" class processor, and supported by service from Vodafone's network.
Target applications include smart meters, connected vehicles, or even entire smart buildings, according to a joint statement.
The news arrives only a day after Deutsche Telekom and France Telecom announced a cross-border cooperative M2M initiative.
After more than three years of AT&T (Dallas, TX, USA) exclusivity, Verizon Wireless' (Basking Ridge, NJ, USA) iPhone finally goes on sale today in the U.S. After years of pent-up demand from its customers, Verizon has seen very strong pre-launch demand for Apple's handset. Analysts predict, on average, that Verizon could sell more than 12 million units this year.