PostHeaderIcon Elgin not ready yet to cash in its gambling chips

Updated: January 27, 2012 2:04PM

It hasn’t even been a year since the Rivers Casino had its grand opening. If you remember, Des Plaines Mayor Marty Moylan cut the ribbon last July by exclaiming “Cha-ching,” Rivers Casino’s advertising catch phrase.

Until last year, the Grand Victoria Casino in Elgin was the place to hang out for great gambling, entertainment and restaurants. Should anyone be surprised that Elgin’s very own riverboat has been sent down river with a lot less cash for the Fox Valley? Of course not, because we all knew that when Des Plaines got the go-ahead for another riverboat casino, the cash was only going to go so far.

So...

PostHeaderIcon EU proposes new internet privacy laws

LONDON: European Commission has proposed new and tougher privacy laws that are aimed at putting greater responsibility on companies like Google and Facebook to protect users information, failing which, they would face hefty fines.

The new laws imply that millions of Internet users will have the right to be forgotten and they could order companies to erase all the data it has on them, according to new legislation announced by the European Commission on Wednesday.

The protection of personal data is a fundamental right for all Europeans, but citizens do not always feel in full control of their personal data, the Daily Mail quoted Viviane Reding, the EU Justice Commissioner...

PostHeaderIcon Clearwire Communications To Offer $300 Mln Of Senior Secured Notes

Clearwire Communications To Offer $300 Mln Of Senior Secured Notes

(RTTNews.com) – Clearwire Corp. (CLWR) announced that its operating subsidiary, Clearwire Communications LLC, intends to offer $300 million aggregate principal amount of first-priority senior secured notes. The Notes will be senior secured obligations of the Company and will be guaranteed on a first-priority lien basis by certain of the Companys domestic subsidiaries.

In a separate press release, Clearwire Corp. reported preliminary financial and operating results for fourth quarter 2011. Record quarterly revenues of approximately $362 million are estimated for fourth quarter 2011, representing...

PostHeaderIcon William Silhan Appointed as Military Products Sales Agent and Technical …

DUBAI, United Arab Emirates, Jan. 24, 2012 — /PRNewswire/ –#xA0;AVEC Corporation (AVEC) (OTC Markets: AVEC.pk) announced today the appointment of William Silhan as Military Products Sales Agent and Technical Consultant.

William F. (Billy) Silhan founded and was President of Pinpoint Systems International in 1990 after beginning his professional career at the Grumman Aerospace Corporation.#xA0;To capitalize on the emerging availability of the Global Position System, Pinpoint Systems International developed ruggedized Personal Computers (PCs) and Displays and developed the associated moving map software with a specific maritime target market. These markets included...

PostHeaderIcon Teo Announces Next Version of Unified Communications Platform

MUKILTEO, Wash., Jan 24, 2012 (BUSINESS WIRE) –
Teo
(
http://www.teotech.com ),
a company committed to helping organizations communicate more
effectively via a full suite of solutions including Unified
Communications, VoIP, E911 and secure TSG-6 offerings, today announced
availability of Teo UC 4, the latest version of its game-changing
unified communications (UC) platform. Teo UC 4 includes more than 200
enhancements and several new features for both end users and
administrators, reaffirming Teo’s commitment to providing the industry’s
most powerful and only truly...

PostHeaderIcon ClipperCreek Announces ETL Listing of Silver Spring Networks Direct-to-Grid …

SAN ANTONIO,
Texas–ClipperCreek announced today the
ETL listing of its
Silver Spring Networks Direct-to-Grid
communications technology.

Taking
advantage of existing Smart Grid communications infrastructure allows

utilities to fully maximize this increase in business while
minimizing
the impact on the grid.

The product pairs the grid-connected industry standard CS-40 electric

vehicle charging station with Silver Spring UtilityIQ back-office
software. This first of its kind product allows utilities to measure
EV
charging consumption and ensure...

PostHeaderIcon New eye tracking technology set to revolutionise computing experience

New eye tracking technology set to revolutionise computing experienceA new generation of personal computers and games consoles controlled by eye movement is about to become a reality.

PostHeaderIcon Will tablets bridge the digital divide?

Despite sluggish growth registered in the first quarter of 2011, India is one of the fastest emerging tablet markets globally, and advertisers have high expectations from this market. With converging content, the media industry is looking at mobile platforms and tablets as the future of communication technology.

The tablet market of many countries too point in that direction. Several countries have witnessed a sharp decline in sale of personal computers due to rise of tablets and notebooks. For instance, adoption of tablets has led to a 30 per cent reduction in PC usage in the US.

The Indian market scenario, however, is somewhat different. Firstly, tablets are yet to reach the tipping...