first_img Categories: Glenn News State Reps. Gary Glenn, left, and Lee Chatfield provided testimony to the House Tax Policy Committee April 15 on their legislation to prohibit Michigan Economic Growth Authority tax credits beyond the state’s current $9.38 billion liability. The bills were unanimously approved today by the committee and now go to the House for consideration.Michigan House Tax Policy Committee members today voted unanimously in favor of legislation to protect taxpayers from additional financial liability through Michigan Economic Growth Authority (MEGA) tax credit extensions.The committee includes state Rep. Gary Glenn, R-Midland, who introduced House Bill 4334 to prohibit extensions currently allowed under the Michigan Business Tax Act. The committee also approved HB 4333, which addresses similar language in the Michigan Economic Growth Authority Act.“The MEGA credits and program expansion did what was intended at a time when Michigan was struggling through the recession by retaining the key industries and jobs that are now helping our state lead the nation’s economic rebound,” Rep. Glenn said. “While those past financial commitments can be honored with gratitude we must now look to ensure a fiscally responsible and realistic future that is stable and sustainable for Michigan taxpayers.”The MEGA tax credits were greatly expanded in 2008, and even though the program was ended by the Republican-led Legislature and Gov. Rick Snyder in 2011, there is a taxpayer liability of $9.38 billion projected over the next 17 years, including a $325 million state obligation this budget year.Current state law allows the existing credits to be increased and extended further, but the legislation approved today by the committee will freeze the existing program and its credit liabilities.HB 4333-4334 now go to the full House for consideration. 29Apr House committee approves Rep. Glenn bill to prohibit MEGA tax credit extensionslast_img read more

first_imgTesco, the UK’’s largest retailer, has started testing its Club Card TV streaming service and is expected to roll it out to its customers soon.The over-the-top service is in beta test mode and only available to Tesco employees. It is being run by Blinkbox, the streaming service that Tesco acquired in 2011.The Club Card programming line-up will include TV series and movies and there is content from Warner Bros. and the BBC among others.TV series include BBC comedy series Goodness Gracious Me and Two Pints of Lager and a Packet of Crisps and Electric Sky-distributed fashion series Fashion Avenue. There are also animated kids series including Care Bears and Justice League.Movie titles include Mazes and Monsters and Cheesecake Casserole. There are also kids animated titles including Superman: Brainiac Attacks and The Return of the King.The service will be free for Tesco customers who are part of the Club Card loyalty scheme. Consumers without a Club Card can get one free of charge and then access Club Card TV.Tesco is the largest retailer in the UK with a nationwide network of supermarkets. It also offers financial and other services under the Tesco brand.last_img read more

first_imgAdam SawickiDeutsche Telekom-owned T-Mobile Polska has appointed Netia CEO Adam Sawicki as its next chief executive, effective June 1. Sawicki is currently chief exec and president of the management board at Netia, Poland’s second largest fixed line operator. In his new role he will report directly to Claudia Nemat, board member for Europe and technology at Deutsche Telekom.The appointment will see Sawicki take over from Zacharias Piperidis, who has held the T-Mobile Polska top job on an interim basis since November in addition to his role as chief operating officer at Greek telco OTE Group – in which Deutsche Telekom is the largest shareholder.Piperidis stepped in to replace Miroslav Rakowski, who left T-Mobile Polska on October 31 “upon his own request to pursue new challenges outside the Deutsche Telekom Group.”“With Adam Sawicki at the helm of T-Mobile Polska, it is clear that we have the right man to tackle the Polish telecommunications market and industry,” said Nemat.“As a former CEO of GTS Central Europe and with his extensive international experience in the business and residential markets, he is a perfect strategic fit to help us ‘lead in business’ – a key element in our company’s strategy – and integrate the GTS operations we recently acquired.”Sawicki was president of the management board and chief executive officer of Ruch Internet between 2011 and 2012 and was CEO of GTS Central Europe from 2008 to 2011.last_img read more

first_imgLorenz GlatzFormer Kabel Deutschland chief technology officer Lorenz Glatz has joined the board of data analytics specialist Guavus.The company said that Glatz’s appointment is part of its on-going commitment to advance progress for the cable industry, following its strategic investment injection from Liberty Global and the launch of the latest version of Guavus Service Reflex 3, its analytics engine that combines network operations, care operations and field operations.Guavus has also joined the SCTE Standards Programme, where it will collaborate and help shape the future of industry-wide standards for the deployment of network maintenance, service assurance and customer experience management solutions. The company will work with SCTE to ensure that big data analytics products and data assets are available to further initiatives such as the Energy 2020 programme, the Network Operations Subcommittee (NOS) and the Special Working Group on Readiness for DOCSIS 3.1.“I see tremendous promise in Guavus’ products. They have pioneered a new category of service operations analytics that allow enterprises to not only correlate the impact network events have on service quality, but to take action in real-time to positively affect customer experience. This holistic approach, which can be applied to virtually any industry, is exactly what businesses need to compete, grow and succeed in today’s rapidly changing market,” said Glatz.“We are fortunate to have a Board of Industry Advisors that are so effective and engaged and are now privileged to welcome Lorenz to the team,” said Anukool Lakhina, CEO and founder of Guavus.“His expertise and guidance will be instrumental as we continue to extend into new markets around the world and to pioneer new products that allow the cable industry to exceed customer expectations across multiple channels, increase profits and rapidly bring new offerings to market.”last_img read more