ME NewsWire / BusinessWire

LINZ, Austria - Sunday, September 15th 2013

In the course of insolvency proceedings of the dayli chain in Austria, the receiver in insolvency is trying to find an international purchaser for the attractive, extensively dispersed retail structure. The offer encompasses a total of about 1,000 small retail trade businesses in several countries, the network of electronic data processing and cash register infrastructure, the warehouses and the market rights for dayli. A purchaser would have 1,000 ready made locations at his or her disposal. Splitting is also possible.

In July 2013 the retail chain dayli, as successor to the German group of drugstores Schlecker in Austria, Italy, Poland, Luxembourg and Belgium, had to go into receivership. The retail structure of dayli consists of between 500 and 700 rented, completely furnished small retail trade units of about 100 to 400m2 in size in Austria, about 190 in Italy, 160 in Poland, 28 in Luxembour ... Read more »

Inventor and Visionary Revolutionized the Experience of Sound

ME Newswire / Business Wire

SAN FRANCISCO - Sunday, September 15th 2013

Dolby Laboratories (DLB) today announced that Ray Dolby, an American inventor recognized around the world for developing groundbreaking audio technologies, died today at his home in San Francisco, at the age of 80. Dr. Dolby had been living with Alzheimer's Disease in recent years, and was diagnosed in July of this year with acute leukemia.

Dr. Dolby founded Dolby Laboratories in 1965 and created an environment where scientists and engineers continue to advance the science of sight and sound to make entertainment and communications more engaging. Dr. Dolby’s pioneering work in noise reduction and surround sound led to the development of many state-of-the-art technologies, for which he holds more than 50 U.S. patents.

"Today we lost a friend, mentor and true visionary,” said Kevin Yeaman, President and CEO, Dolby Labora ... Read more »

LUXEMBOURG - Saturday, September 14th 2013 [ME NewsWire]

(BUSINESS WIRE) SES (Paris:SESG)(LuxX:SESG) announced today that StarTimes Communication Network Technology, China’s most influential system integrator, technology provider and network operator, has signed a 10-year contract on SES-5 at 5 degrees East to expand its media footprint in Africa and deliver direct-to-home (DTH) broadcast services across the continent.

StarTimes, which is the fastest-growing digital TV operator Africa and has over 2.6 million digital terrestrial television (DTT) subscribers, also acquired SES’ 20% shareholding in South African pay-TV operator Top TV.

The contract will see StarTimes utilise four transponders as of October 2013 and a fifth transponder from February 2014 to grow their DTH subscribers in Africa. The Chinese broadcaster will continue to broadcast TopTV on SES-5 by using three of the newly-contracted SES transponders that were formerly leased by ODM. The other two out of ... Read more »