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As Iot Changes How Carriers Make Money, Ericsson Is Buying New Smarts | Pcworld

The Stockholm-based company said the MetraTech deal would expand both its billing technology and its presence in the U.S. MetraNets customers span financial services, transportation, software and other industries, and Ericsson said the deal will allow it to serve multiple industries. Ericsson cited new revenue models emerging in IoT and in XaaS, a catch-all acronym for all types of technologies offered as a service. Ericssons interest in MetraTech may have been piqued most by the needs of its traditional telecommunications customers as they gear up for the age of IoT. Carriers have long relied on fat monthly bills from subscribers who pay for voice, text and data services on a mobile device or a home phone and broadband line. In developed countries, there arent many more new customers to sign up for those kinds of services, so carriers now want to make money putting myriad new devices online. Those IoT devices, such as sensors, appliances, cars and factory equipment, will call for new and different types of billing arrangements. While connected machines individually may generate less traffic than a smartphone, they could be lucrative in large numbers.
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Man accused of posing as pastor, SBI agent to steal money |

A South Carolina man who posed as a Charlotte-area pastor and State Bureau of Investigation agent to steal victims money was arrested following an investigation by the SBI, Attorney General Roy Cooper said Tuesday. Justin DeWayne Moore, 23, of Greenwood, South Carolina, was arrested Monday afternoon by the Greenwood County Sheriffs Office and taken into custody based on North Carolina arrest warrants on charges of extortion and impersonating a law enforcement officer. He faces extradition to Mecklenburg County. The SBI said Moore ran the scheme along with two family members, including one who is currently incarcerated in a South Carolina prison. Additional arrests may be forthcoming. The scheme allegedly started on social media, according to reports from victims. Each victim was friended by someone he thought was a woman on social media website, where they chatted and exchanged telephone numbers. The woman then exchanged nude photos with her new online friends, according to SBI. Victims said they soon got a call from someone who identified himself as the womans father. The man, who claimed to be a pastor, allegedly said that he had discovered the photos on his underage daughters phone and confronted her, and that she then threw her phone through a window of his church. The man followed up by telling the victim to delete the photos and then asking for help paying to fix the broken window and replace the phone.
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