Five people have been arrested for distributing drugs since Monday. By Jacob Beltran Published 11:18 pm CDT, Friday, August 31, 2018 Robert Hernandez, 29. Robert Hernandez, 29. Photo: Bexar County Courtesy Bexar County investigators discovered a total 200 pounds of marijuana in one of four drug raids made during the week of Aug. 26, 2018. Bexar County investigators discovered a total 200 pounds of marijuana in one of four drug raids made during the week of Aug. 26, 2018. Photo: Bexar County Courtesy Gabriella Hernandez, 24. Gabriella Hernandez, 24. Photo: Bexar County Courtesy Deputies seized 5.3 ounces of black tar heroin and a pistol with a fake suppressor in another raid during the week of Aug. 26, 2018. Deputies seized 5.3 ounces of black tar heroin and a pistol with a fake … [Read more...] about BCSO finds hard drugs, thousands of dollars in separate drug busts
4000 aud dollars in pounds
ZTE pleads guilty to violating US sanctions against Iran, will pay nearly a billion dollars in fines
After cutting nearly 3,000 jobs in January, ZTE hasn't had much in the way of good news to share lately. Today, it appears the Chinese smartphone maker avoided a potentially fatal blow to its smartphone business, but did so at great cost - around a billion dollars, in fact. ZTE was accused last year of violating US sanctions against doing business with Iran (I know, ZTE is a Chinese company - this has to do with US technology), and as a result the US Department of Commerce threatened to cut off ZTE from all its US-based supply chain partners. While that threat was stayed on multiple occasions, it was finally scheduled to go into effect last month, in what could have truly been a disaster for ZTE's smartphone business. But it appears ZTE avoided the Commerce Department's guillotine, and has instead opted to pay its way out. In exchange for a guilty plea and $900 million in fines, ZTE will be allowed to continue working with its critical US supply-chain partners like Qualcomm. A court … [Read more...] about ZTE pleads guilty to violating US sanctions against Iran, will pay nearly a billion dollars in fines
Motorola loses $228 million dollars in the first quarter
In what has been a fairly favorable earning seasons for companies with involvement in the cellular industry like Verizon, Samsung, Apple and AT&T, leave it to laggard Motorola to report a bigger loss year over year for the Q1. The WSJ is reports that Moto has lost $228 million dollars in the first three months of its fiscal year, compared with a loss of $190 million in Q1 2008. Despite trying to keep up with declining cash flows by cutting costs, cash on hand dropped by $1.3 billion dollars to $6.1 billion from the end of last year to the end of the most recent quarter. Sales in the company's Mobile Device unit declined by a whopping 45% year over year to $1.8 billion dollars, and the division showed an operating loss of $509 million dollars, less than the $595 million operating deficit in the prior quarter, but more than the $418 million in red ink that the mobile division showed in the first quarter of the last year.Motorola may be trying to turn around the mess by offering new … [Read more...] about Motorola loses $228 million dollars in the first quarter
60 cents out of each dollar in industry profit will soon go in Apple’s pocket
It is amazing how things have changed in the cell phone industry. According to a chart that appears on All Things D web site, the share of industry profits belonging to Nokia have dropped over the last 8 quarters from a leading 39% in the fourth quarter of 2009 to just 4% after the third quarter of 2011. Those profits had to end up somewhere, and sure enough during that same time period Apple and Samsung each increased its piece of the pie. Samsung more than doubled its share of industry profitability from 12% to 29% while Apple has gone from 33% to 52% Both companies not only took advantage of the decline in Nokia's profits, but also those of RIM. The BlackBerry maker's engine was also in reverse, dropping from 19% of industry profits to 7%.The figures on the chart come from Canadian brokerage house Canaccord Genuity, and its analyst T. Michael Walkley says that with Nokia, Motorola Mobility and RIM struggling, Apple can continue to gain strength. Considering that the Cupertino … [Read more...] about 60 cents out of each dollar in industry profit will soon go in Apple’s pocket
AT&T, T-Mobile scammed out of $22 million dollars in handset scam
Gabe Beizem, the owner of a former AT&T and T-Mobile dealership in Brooklyn, and Rohan Stewart, a T-Mobile dealer in West Pal Beach, were indicated along with 6 others on charges of conspiracy and mail fraud. The eight scammed AT&T and T-Mobile out of $22 million dollars in bogus handset sales. U.S. Attorney Benton Campbell did not mince words about the indictment, "The type of fraud alleged in the indictment strikes at the very heart of our modern digital economy and imposes substantial costs on commercial businesses. It is a serious problem that requires serious action."According to the prosecutors, Beizem, Stewart and the other six defendants used dealer access codes to obtain customer information from AT&T and T-Mobile databases. They then took over the identity of existing customers to get handsets without paying for them. In a statement, T-Mobile said it would make sure that impacted customers would be notified and given the appropriate credit if warranted. Customers … [Read more...] about AT&T, T-Mobile scammed out of $22 million dollars in handset scam