Fear and loathing was the overriding sentiment of fund managers and analysts contemplating the market implications of an unlikely Donald Trump presidency. Instead we have seen hope and excitement as the reality sinks in. What changed? It’s been quite the turnround. The overwhelming finance industry view before Tuesday’s election was that the stock market would tank if Mr Trump triumphed. Going by how equities quivered every time […]
The Google Pixel, a device that is being considered as possibly the best Android smartphone to date, has just been hacked by Chinese team in less than 60 seconds. The feat was achieved by white hat hackers from security solutions company Qihoo 360 at PwnFest, a hacking competition held in Seoul, South Korea. The Google Pixel Hack At PwnFest, Qihoo 360 demonstrated an exploit that gave the team […]
Would you dress in diamond nanothreads? It’s not as far-fetched as you might think. And you’ll have a Brisbane-based carbon chemist and engineer to thank for it. QUT’s Dr Haifei Zhan is leading a global effort to work out how many ways humanity can use a newly-invented material with enormous potential — diamond nanothread (DNT). First created by Pennsylvania State University last year, one-dimensional DNT is similar […]
ABU DHABI, UAE 13 November 2016 Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, has awarded the early works contract for the first phase of Mayan, a luxury residential development located on Yas Island, to Dutch Foundation & Concrete Rehabilitation Company WLL. The AED 30 million contract provides for shoring, piling and earthworks for Mayan’s 512 luxury apartments which are spread […]
NIA to increase aim to increase GREE’s market share to 20 per cent with sales of 175,000 units in the UAE Dubai, United Arab Emirates (November 13, 2016) NIA Limited, a Dubai-based enterprise dealing in Home Appliances and HVAC solutions, has opened a sprawling new headquarters in Jebel Ali Free Zone area. The brand new facility will function as the design, marketing and logistics centre for the […]
GREENSBORO, United States Honda Motor Co (7267.T) expects to ramp up production of business jets as part of its plan to expand in the growing industry, the head of the Japanese automaker’s aircraft operations said in the United States. The firm hoped to produce 80 business jets annually by March 2019, from up to 36 currently, Honda Aircraft Company CEO Michimasa Fujino told reporters at its plant […]
BERLIN A U.S. government regulator has started investigating Volkswagen’s (VOWG_p.DE) Audi brand over a reported discovery of a new cheat software device at the luxury carmaker, Bild am Sonntag reported, without citing the source of the information. The German weekly paper said a week ago that the California Air Resources Board (CARB) had this summer discovered cheating software in an automatic transmission Audi which is unrelated to […]
Before he was elected to be the next US president, Donald Trump had garnered the support of just one prominent billionaire in Silicon Valley: billionaire Peter Thiel, founder of PayPal and Facebook board member. The US technology industry had been shocked that one veteran from the Valley, which prides itself on liberal values, had supported, funded and even spoken for Mr Trump at his convention — and […]
What the heck is a Haval? I can already hear you asking the question before I have even begun my spiel. I don’t blame you, because the marque was a mystery to me, too, before testing the H8 Luxury. I had barely laid eyes on a Haval, much less driven one. So let’s establish its credentials before going any further. Haval was created in 2006 as a […]
Gone are the days when Google let malware sites off the hook with a stern warning and a solemn promise not to revert to their harmful ways. The search engine has instituted a new policy — effective immediately — for sites it deems to be repeat offenders of its “Malware, Unwanted Software, Phishing, and Social Engineering” policies. Under the terms of the new policy, Google will slap […]
|By Arabian Post Staff| It might be possible in the not too distant future to travel between Dubai and Abu Dhabi in 12 minutes if plans announced today materialise without any major hitch. Hyperloop One, which is reinventing transportation by developing the world’s first Hyperloop, an integrated structure to move passengers and cargo between two points immediately, safely, efficiently, and the Dubai Roads and Transport Authority (RTA) agreed […]
Thanks to a new deep learning system called Caffe2Go, Facebook now lets users of its mobile app transform videos with artwork-inspired special effects in real time. The platform enables such on-the-fly style transfers by dramatically improving how efficiently artificial intelligence (AI) processes images and videos. With the help of Caffe2Go, users of Facebook’s iOS or Android app can quickly change the look of their photos or videos […]
Facebook Inc said on Monday, it was testing a feature that would let page administrators create job postings and receive applications from candidates, a move that could pressure LinkedIn Corp’s recruiting business. “Based on behaviour we’ve seen on Facebook, where many small businesses post about their job openings on their Page, we’re running a test for Page admins to create job postings and receive applications from candidates,” […]
By Jack Kim and Ju-min Park | SEOUL SEOUL South Korean prosecutors raided the offices of Samsung Electronics on Tuesday as part of a probe over a political scandal involving President Park Geun-hye and her friend who is alleged to have exerted improper influence in state affairs. A prosecution official told Reuters the search is related to the scandal involving the president’s friend, Choi Soon-sil, but declined […]
By Julia Fioretti | BRUSSELS BRUSSELS Britain’s privacy watchdog said on Monday that Facebook (FB.O) has agreed to suspend using data from UK users of its WhatsApp messaging app for advertisements or product-improvement purposes after the watchdog said consumers weren’t properly protected. The watchdog said the social media giant faces action if it uses such data without valid consent. The Information Commissioner’s Office (ICO) had said in […]
Tech giant Oracle announced the completion of its deal to acquire cloud company NetSuite for $9.3 billion in cash today. Oracle said that enough NetSuite shares — 53 percent — had been tendered in favor of the vote as of midnight Friday. The completion of the deal caps off a dizzying few weeks of mergers and acquisitions activity in the enterprise tech sector. For example, semiconductor-maker Broadcom […]
Alphabet Inc (NASDAQ:GOOGL) subsidiary Google has revised its search engine rules so that it can prioritize mobile searches. Google has launched an initiative called “mobile first” whose aim is to rank websites based on whether they are mobile-friendly. However, it does not mean that support for desktop sites will be thrown out the window. Google will still support desktop orientation but it plans to shift towards a […]
By Naomi Tajitsu and Chang-Ran Kim | TOKYO TOKYO Toyota Motor Corp is looking at mass-producing long-range electric vehicles (EVs) that would hit the market around 2020, the Nikkei newspaper reported on Monday, in what would be a dramatic reversal of strategy for the world’s top-selling automaker. Even as rivals such as Nissan Motor Co, Volkswagen AG and Tesla Motors have touted pure electric cars as the […]
By Catherine Cadell | BEIJING BEIJING A top Baidu Inc executive, widely seen as a potential successor to chief executive Robin Li, has resigned after an internal company probe found conflicts of interest involving another firm acquired by the Chinese search engine giant. Li Mingyuan, 32, known as the “prince” of Baidu within China’s tech community, stepped down following the investigation, according to an internal email seen […]
FUJAIRAH // Their schoolmates can only dream of driving a fast vehicle at their age, but seven lucky youngsters are learning how to handle motorised boats in a course designed for children under the age of 15. They are the first chosen to take part in month-long courses devised by the new Fujairah Marine Youth Training Centre, which aims to keep the seafaring traditions of the UAE […]
|By Arabian Post Staff| GE marked a new milestone in its operational presence in Kuwait with the opening of the GE Kuwait Technology Center (GEKTC), a flagship facility that will foster localized research, provide hands-on training and build an innovation ecosystem specifically for the power sector. Approved by the Kuwait Direct Investment Promotion Authority (KDIPA) for a Foreign Investment License last year, the 6,000 sq meter GEKTC, […]
By Sankalp Phartiyal and Anya George Tharakan | MUMBAI/BENGALURU MUMBAI/BENGALURU Infosys Ltd cut its annual revenue growth target for the second time in three months as India’s software service exporters feel the pinch of major Western clients holding back on spending as they wait to see how November’s U.S. presidential election and Europe’s Brexit drama play out. While it reported second-quarter net profit grew 6.1 percent, the […]
|By Matein Khalid| The Algiers pact was a game changer in the international oil markets. Crude oil prices have risen to three month highs above $50 Brent after OPEC agreed to cut output to the 32.5 – 33 MBD range, with the symbolic Saudi-Iranian deal reinforced by a sharp drop in US inventories and Hurricane Matthew’s havoc in the Caribbean. Unfortunately for OPEC, the US land rig […]
|By Arabian Post Staff|Etihad Aviation Group and TUI AG confirmed they are in discussions to create a strong European leisure airline group, focused on point-to-point flying to connect key tourist markets. It is proposed to contribute the touristic operations of the airberlin group and the German TUIfly company, including the aircraft currently operated by TUIfly for airberlin under a wet-lease agreement, into a new airline group established […]
