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By THOMAS ERDBRINK June 21, 2016 TEHRAN — Threats issued on Monday by a senior Iranian commander to the Sunni-led island state of Bahrain seemed to indicate that Iran was prepared to support an armed uprising there, after the Bahraini authorities revoked the citizenship of a leading Shiite opposition cleric. In a statement, the commander, Gen. Qassem Soleimani, the high-profile leader of the elite Quds Force of the Islamic […]

SoftBank Group Corp. President and COO Nikesh Arora attends a conference of start-up businesses in New Delhi, India, January 16, 2016. Reuters/Adnan Abidi/Files TOKYO SoftBank Group Corp said on Tuesday that President Nikesh Arora would resign as of Wednesday’s shareholders meeting, less than two years since he joined the Japanese Internet conglomerate. SoftBank said Arora and Chairman and Chief Executive Masayoshi Son had disagreed over when Arora […]

During its annual SugarCon conference last week, customer relationship management (CRM) firm SugarCRM unveiled a new machine learning-based offering that’s currently in development: Sugar Intelligence Service. The service, which will be delivered through a Siri- or Cortana-like artificial intelligence (AI) agent called “Candace,” will combine companies’ in-house data with other outside sources to provide predictive analytics and a more 360-degree view of customers. No release date or […]

A new enterprise offering introduced by Oracle today is designed to enable independent software vendors (ISVs) to transition their businesses to the cloud, the company said. The new platform, called the Oracle Cloud Platform Ready for Independent Software Vendors, will allow ISVs to quickly register and publish their Oracle Cloud-compatible applications on the Oracle Cloud Marketplace, allowing them to fast-track new business opportunities in the cloud. Oracle’s […]

Beijing’s patent regulator has ordered Apple to stop selling its iPhone 6 and iPhone 6 Plus in the city because their design too closely resembles that of a Chinese phone. Apple is appealing the ruling, which marks the latest challenge to the tech company in its second-largest market. The two iPhone models violated design patents held by Chinese device maker Shenzhen Baili because of similarities in external […]

|By Matein Khalid| Sterling sell off in the world currency markets and the sheer populist appeal of Boris Johnson suggests the world should not rule out a geopolitical shock that will unnerve financial markets and lead to the mother of all rate cuts at the Bank of England. If Britain votes to leave the EU, the only currency I want to own is the Swiss franc and gold, […]

|By Arabian Post Staff|Malaysia’s state-owned oil corporation and Saudi Arabian Oil Co. are asking banks for proposals to finance about $7 billion for a planned refinery and a petrochemical complex in the Southeast Asian nation, Bloomberg reported. The lenders would provide financing for the two projects worth a total of $12 billion to be constructed by Petroliam Nasional Bhd. and Saudi Aramco under a memorandum of understanding that […]

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By the end of this week, Facebook expects to complete a “major” update to Messenger for Android that will enable people to use the app to send and receive standard SMS text messages. Vice president of messaging products David Marcus announced the update yesterday in a post on his Facebook page. Rolling out to “most countries,” the latest version of Messenger for Android will be a fully […]

Adobe’s Flash browser plug-in has been suffering a slow death by a thousand cuts, and today it learned of yet another. A blog post by a member of Apple’s Safari development team has revealed that the version of Safari due out this fall — Safari 10, set to ship with macOS Sierra — will arrive on users’ Macs with Flash deactivated by default. The aging and vulnerable […]

Deal Professor By STEVEN DAVIDOFF SOLOMON It’s hard to get one’s head around it: An initial public offering that would value a company in the trillions of dollars. That’s trillions, with a T. Saudi Arabia is considering selling shares in its state oil company. With 261 billion barrels of oil in reserves and a yearly output of over three billion barrels of oil, the company, Saudi Aramco, […]

Google has already brought its Fiber high-speed Internet service to six cities across the U.S., but it may soon add Dallas, the home turf of AT&T, to its list of deployment targets. In a blog post earlier today, Google announced that is “exploring the possibility” of rolling out its Fiber service in Dallas. AT&T, which is headquartered in Dallas, is already offering its high-speed GigaPower Internet service […]

}By Arabian Post Staff| Iran plans to set up its own financial center as it seeks to attract global financial institutions, Bloomberg reported. Chinese and Russian banks are seeking to set up representative offices in the area, Farhad Taghizadeh-Hesary, senior adviser to the Qeshm Investment and Development Co., was quoted as sayig in an interview. One of Japan’s largest banks is also negotiating with officials on establishing a […]

The macaw has a brain the size of an unshelled walnut, while the macaque monkey has a brain about the size of a lemon. Nevertheless, the macaw has more neurons in its forebrain — the portion of the brain associated with intelligent behavior — than the macaque. That is one of the surprising results of the first study to systematically measure the number of neurons in the […]

Light and matter are typically viewed as distinct entities that follow their own, unique rules. Matter has mass and typically exhibits interactions with other matter, while light is massless and does not interact with itself. Yet, wave-particle duality tells us that matter and light both act sometimes like particles, and sometimes like waves. Harnessing the shared wave nature of light and matter, researchers at the University of […]

Trilobites By NICHOLAS BAKALAR Archaeologists have been combing the ancient city of Petra in southern Jordan for at least two centuries. Now, with drones and satellite imagery, they have discovered new features, including a monumental platform of nearly 30,000 square feet, or roughly half a football field. Interactive Feature | More Reporting on Archaeology Pottery shards nearby date from the second century B.C. through the sixth century […]

From the author of the definitive history of Bourbon, Dane Huckelbridge, comes The United States of Beer: A Freewheeling History of the All-American Drink.  From George Washington’s first unsuccessful batch of homebrew to the rise of our country’s global mega beer brands to the frontlines of our current craft brew renaissance, this book covers the evolution of America’s favorite drink. Let’s block ads! (Why?) -Werd

Los Angeles: A California man was found guilty on Thursday of murdering a Saudi engineering student after responding to the victim’s ad to sell his car. A jury in San Fernando deliberated just 15 minutes before convicting Agustin Rosendo Fernandez, 29, of first-degree murder in the 2014 stabbing death of Abdullah Abdul Latif Al Kadi, a third-year electrical engineering student at […]

DUBAI // The Awqaf and ­Minors Affairs Foundation (Amaf) has given a cheque for Dh741,000 to the SOS Children’s Village in Jordan to finance the maintenance and restoration costs of its building. SOS Children’s Village ­International provides family-based care through support and empowerment schemes for orphans or children who have lost one parent. Ahmed Baghlaf provided the Dh741,000 cheque, said Tayeb Al Rais, secretary general of Amaf, […]

At its Tech World event in San Francisco yesterday, Lenovo unveiled a prototype of a phone that can bend around your wrist, as well as a concept tablet that can fold to act as a regular smartphone. The devices, not yet ready for market but rather “a sign of things to come,” add Lenovo to the small but growing list of companies, led by LG and Samsung, […]

Global IP traffic is expected to triple over the next five years, as a result of more than 1 billion new Internet users coming online before 2020, according to Cisco. As many as 10 billion new devices may join the Internet in that time, bringing the total number of connected devices up to 26.3 billion from the 16.3 billion that were connected in 2015. The study is […]

Tech giant Google’s Maps feature lets users find and view the exterior of virtually any building. Are you ready to look inside? Google’s Tango, previously known as Project Tango, aims to map the indoor world just as Google Maps has charted the outdoor world. Tango is meant to help users find everything inside a building, including hallways and offices. What might interest Google and its advertisers even […]

Last bastion of financial system pays salaries on both sides of civil war as governor maintains ‘economic traduce’ Yemeni locals and secruity guards are pictured outside the Central Bank of Yemen in the capital Sana’a. Dubai: As civil war engulfs Yemen, the central bank is so committed to staying neutral that it pays salaries of soldiers on both sides. The bank […]

|By Matein Khalid|Dr. Mervyn King broke with tradition by publishing his book “The End of Alchemy: money, banking and the future of the global economy”. After all, retired governors of the Bank of England do not, as a rule, do not write/publish books, let alone write books that lambast the City of London’s culture of greed and hubris. It is no coincidence that Dr. King quotes T.S. […]

LEBANON.  Byblos Bank issued today the results of the Byblos Bank Real Estate Demand Index for the first quarter of 2016. The results show that the Byblos Bank Real Estate Demand Index posted a monthly average of 42.5 points in the first quarter of 2016, representing a decrease of 12.5% from 48.5 points in the fourth quarter of 2015. The results constitute the ninth steepest quarter-on-quarter decline […]

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