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Rank shares boosted after hints of government lifeline to bingo
But the industry mostly blames the Government. The main gripe is the "double taxation" that levies VAT on bingo's participation fee, a charge not imposed on any other form of gambling. The other bone of contention is last year's Gambling Act, which re-classified slot machines and imposed limits on the number of high-prize games in different types of venue, taking a huge bite out of bingo halls' incomes.
Despite the boost in investor confidence after the minister's speech, the industry is more cautious. Paul Talboys, the chief executive of the Bingo Association, said: "The industry is encouraged to see that the minister clearly has a genuine interest in the plight of bingo. But the industry is operating under extremely difficult circumstances and the Government's failure to address that double taxation issue in the Budget places great emphasis on any positive statement the minister may make. more
Alcatel-Lucent Unveils Enhancements For Small Business
Process improvements are based partially on a relationship with open source pioneer Red Hat and allow integration of real-time voice into basic businesses processes. XML integration is another feature provided. Knowledge enhancements are described by Alcatel-Lucent as improved unified communications and enterprise 2.0 applications.
A1 Lofts, which uses Alcatel-Lucent's OCS largely for its CRM features and resource-sharing tools, said in the past it had been deterred by license fees of non-open source products.
In a statement, Steve Mills, managing director of A1 Lofts, said of Alcatel-Lucent business partner The Comms Co., "The company examined each of our daily business processes and was able to identify Alcatel-Lucent's open source approach as the most successful and cost-effective way of improving each of these processes." . more
Tuition balance stands between DeVry student, diploma
This month, she completed the course work required to get her bachelor of science degree from DeVry. But now money once again stands between her and her dream.
Unless she can come up with $7,210 she owes in tuition, she will not receive her diploma.
Melanie Wright, regional public relations manager for the university, said graduation candidates must fulfill all financial obligations at least 30 days before commencement.
For Barnes, that deadline has passed. She is scheduled to graduate June 22.
Barnes said she knew she owed money. She just didn't have it. And, because of bad credit, she can't take out another loan. She doesn't have family members she can turn to.
At 28, Barnes is the backbone of her family. Hers is the name on the lease for the apartment she shares with her mother and two older brothers. more
Getting the "Free" Business Model Wrong Doesn't Mean the Model is
While "free" seems to be an increasingly popular business model there are quite a few people who seems to be completely bungling what to do with "free" and then complaining when it doesn't work. Techdirt takes a look at some of the arguments surrounding why free as a business model may or may not work and why many of these arguments, while prevalent, just don't hold water. "you give away the infinite goods, not the scarce goods. Your time is a scarce good. No one is saying that everything needs to be free -- they're saying that infinite goods will be free, because of it's very nature in economics. In fact, Poole's argument is particularly weak when it comes to programmers, because most programmers don't earn any kind of royalties for the software they write. They are paid a salary, for their time -- but not for the software itself (which is an infinite good). more
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