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Statement by Robert C. Weber, IBM Senior Vice President and General Counsel

ARMONK, N.Y. - Saturday, December 14th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Yesterday, IBM (NYSE:IBM) learned of a lawsuit pushing a wild conspiracy theory. This lawsuit seeks to confuse IBM's support for a U.S. cybersecurity legislative proposal -- which has yet to be enacted -- with the completely unrelated NSA surveillance program called PRISM. Even a cursory reading of the legislative proposal, known as CISPA, makes clear that it has nothing to do with the recently disclosed NSA surveillance program. The legislation is designed to help protect companies from cyber attacks by encouraging the sharing of technical cyber threat information, such as malware code. The ability for those under attack to work together to help prevent cybercrime is a modern business requirement and an important goal, which is why many companies, including IBM, support such legislation. This bill does not refer to China ... Read more »
Views: 358 | Added by: uaeonlinenews | Date: 12.15.2013 | Comments (0)

ME NewsWire / Business Wire

IRVING, Texas - Thursday, December 12th 2013

    Demand growth expected to be about 35 percent between 2010 and 2040
    Technology, efficiency key to meeting expected growth; without efficiency gains, global energy demand could more than double
    Oil and natural gas expected to continue to meet nearly 60 percent of global energy demand

The world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization, according to ExxonMobil’s Outlook for Energy: A View to 2040, which was released today.

"Understanding global energy trends is absolutely critical for effective energy policy,” said Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation (NYSE: XOM). "The world depends on safe, reliable and affordable en ... Read more »
Views: 322 | Added by: uaeonlinenews | Date: 12.15.2013

NEW YORK - Friday, December 13th 2013 [ME NewsWire]

(BUSINESS WIRE) Multi Packaging Solutions, Inc. ("MPS”) announced today that it has received and accepted the required consents (the "Consents”) with respect to the previously announced consent solicitation (the "Solicitation”) on the terms and subject to the conditions in the Consent Solicitation Statement, dated November 21, 2013 (as amended or supplemented from time to time, the "Consent Solicitation Statement”) with respect to certain proposed amendments (the "Proposed Amendments”) to the Indenture, dated August 15, 2013 (the "Indenture”) governing MPS’s outstanding 8.500% Senior Notes due 2021 (the "Notes”).

The Solicitation expired at 5:00 p.m., New York City time, on December 12, 2013 (the "Expiration Time”). As of the Expiration Time, MPS received the consent of holders of 97.8% in principal amount of the then outstanding Notes voting as a single class. These consents may not now be revoked.

MPS made the S ... Read more »
Views: 323 | Added by: africa-live | Date: 12.15.2013 | Comments (0)

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