|By Arabian Post Staff| Ajman-based Tech Group, comprising a number of construction verticals, announced an investment of $100 million for the next three years, in what the company declares as an endorsement of the positive outlook for the country’s construction industry. Piling Tech, one of the group companies specializing in foundation engineering, design engineering and boring and driven piling systems, has acquired a new set of Soilmec […]
|By K Raveendran| Going by the pace at which machinery automation is advancing, the day does not appear to be a long way off when self-working machines carry out complicated and high-skilled operations without manual intervention. The Win Eurasia Metal Working Fair in Istanbul held during 11-14 February provided clear insights into the evolving trends in this area and the rapid strides Turkish machinery manufacturing industry is […]
By Nitten Nair/We are taught from a very young age to have career goals and to “aim” to be at the top of our chosen field before we decide to call it a day. I am sure many of you would have been asked the question, “Where do you see yourself in the next 5 years?” This profound question sows the seeds of having a career goal […]
Amit Singhal, senior vice president of search at Google, speaks at the garage where the company was founded on Google’s 15th anniversary in Menlo Park, California September 26, 2013. Reuters/Stephen Lam As one of Google’s earliest search pioneers steps down and the company’s leader in artificial intelligence takes his place, analysts say the move signals the company’s desire to make its search engine more sophisticated. Google parent […]
If the customer is “at the center of everything,” so, too, should be a company’s system for managing customer relationships, according to a recently published white paper. In other words, customer relationship management software (CRM) needs to be more than just a way to handle queries about products or fielding feedback from clients. It needs to be used as a central platform for connecting people, processes and […]
Reuters/ DEBORAH M. TODD AND ANYA GEORGE THARAKAN/Alphabet Inc easily beat Wall Street’s quarterly profit forecasts on Monday, helped by strong mobile advertising sales, sending the shares of Google’s parent higher in after-hours trading to surpass Apple Inc as the most valuable U.S. company. For the first time, the company disclosed the profitability of Google’s search engine and its other online services, and how much it is […]
INDIA IN SWEET SPOT TO BALANCE THE ACT
By K R Sudhaman
India is in a sweet spot as global economy is not looking good in the face of market turmoil in China. A global recession triggered by poor showing of European economy had hit badly the export led growth model of China, whose economy grew by 6.9 per cent in 2015, the slowest in two decades. Following this slowdown, high commodity prices had started correcting exerting more pressure on China down turn. The massive over investment in China in steel, cement, shipbuilding, petrochemicals, real estate and other infrastructure sectors began to burst. This volatility in equity and commodity markets did not augur well for the global and Chinese economies. Global economy may not be in a crisis as in 2008 during the financial meltdown but it is certainly not out of the woods and outlook for global economy is certainly bearish in 2016.
Thanks to Apple’s introduction of the WKWebView rendering engine beginning with the iOS 8 version of its mobile operating system, Google said it has been able to update its Chrome Web browser so it can perform far better on iPhones and iPads. Rolling out today, version 48 of Google Chrome for iOS is faster, more responsive and far more stable than previous generations of the browser, according […]
The trend of cyberattackers targeting retail and fast-food chains is continuing in 2016. Nationwide fast-food chain Wendy’s is the latest to announce it is investigating a possible credit card breach stemming from its POS (point-of-sale) system. “Reports indicate fraudulent charges may have occurred elsewhere after payment cards were legitimately used at some restaurants,” Wendy’s spokesman Bob Bertini told Reuters. “Until this investigation is completed, it is difficult […]
UAE. UAE. Hays GCC 2016 Salary & Employment Report, published today by recruiting experts Hays, found that 49 per cent of employers feel positive about 2016 compared to a higher 69 per cent who felt the same in 2015. The survey, which was completed by over 2,400 employees and 200 employers, forecasts mixed fortunes for job candidates and salaries over the next 12 months. In 2015, 48 […]
People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken in Warsaw September 27, 2013. Reuters/Kacper Pempel/Files An exodus of top Twitter Inc executives has raised concerns about the company’s plans to win more users. Media head Katie Jacobs Stanton, product head Kevin Weil, the head of the engineering division, Alex Roetter and HR head Brian “Skip” Schipper […]
A logo is pictured at Google’s European Engineering Center in Zurich April16, 2015. Reuters/Arnd Wiegmann/Files LONDON A British parliamentary committee will ask Google to testify about a back tax deal under which it will pay 130 million pounds ($185 million) to settle claims covering a 10-year period — an amount the opposition Labour party has described as derisory. Meg Hillier, the Labour party chairwoman of parliament’s Public […]
The North American International Auto Show concluded in Detroit, Michigan today. As of Thursday, over 515,000 people had attended, including President Barack Obama. Thursday’s tally represented an increase of 7,000 when compared to the same period a year ago. During opening weekend, over 208,000 people came through the Cobo Center in downtown, Detroit. Over 700 vehicles were on display at NAIAS while 57 debuted during Press Preview. […]
With Star Wars: The Force Awakens being the biggest in the series, it’s gotten me thinking about the influence of this incredible franchise on our lives. It defined a movie genre, of course, and no doubt inspired many a young kid to want to become a pilot or astronaut (me included, even if NASA still won’t return my calls). And just think how many cultural references we have […]
Reuters/Daniel Munoz/Files BEIJING China will maintain plans to gradually phase out subsidies for green energy vehicles until they are fully eliminated in 2021 and allow the market to determine the direction of green car development, Finance Minister Lou Jiwei said on Saturday. But auto executives speaking alongside Lou at an industry conference in Beijing laid out differing visions as to which technology the market will […]
Ford Motor Company has announced it will include Auto Start-Stop on all Ford F-150 EcoBoost trucks, starting in 2017. Auto Start-Stop is exactly what it sounds like: the engine shuts off when stopped and when the brake is released, the engine quickly restarts. The transition is seamless. Although it depends on how a person drives, overall the feature contributes to better fuel mileage while reducing emissions. It should be noted, Auto Start-Stop does […]
|By Matein Khalid| I had called for Brent crude to fall to $30 in successive columns since the November 2014 OPEC conclave in Vienna, when Saudi Arabia abandoned its traditional role as the “swing producer” the central bank of black gold. The world oil markets now face a supply shock, a demand shock, epic volatility and the loss of the “swing producer”. The world is running out […]
|By Matein Khalid| This was the ghastliest week for global risk assets since September 2011. Not even 290,000 new US jobs in December could negate the raw fear on Wall Street generated by the 10% fall in Shanghai, a yuan depreciation, market meltdowns of 6 – 7% in Tokyo, Hong Kong, Frankfurt, Mumbai and New York. Four months ago, I had published a KT article titled “History’s […]
The seemingly troubled life of an open source technology leader came to a sudden, premature end in San Francisco this week. Software engineer Ian Murdock, the founder of Debian Linux and later a senior staffer at Docker, died Monday at age 42 — under circumstances that aren’t yet clear. Born in West Germany, Murdock (pictured) moved to the United States and attended Purdue University. In January 2006, […]
|By Hannah Elliott| Want to see the future? Drive a BMW 7-Series sedan. It’s the car Bimmer uses as a medium for unleashing its newest and best technological offerings on the rest of the world. IDrive made its debut here, as did ABS and the active body control systems that monitor the movement of the car in relation to the road. Now those are de rigueur on all BMW […]
Google Fiber, the gigabit-speed Internet service that is slowly rolling out to cities across the country, may soon have some competition from an established service provider. Philadelphia-based Comcast has announced that it is testing a new protocol known as DOCSIS 3.1, which it said has the potential to boost download speeds to the gigabit level. Unlike Google Fiber, which requires laying down an extensive fiber optic cable […]
CRM giant Salesforce is working to fortify the quoting and billing functions of its software platform. To do so, the customer relationship management company just snapped up SteelBrick. Financial terms of Salesforce’s acquisition of the six-year-old startup were not disclosed in the announcement. But the technology giant’s regulatory filing reveals the deal is worth $360 million. That’s about half of the rumored price on the street. Salesforce […]
The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. Reuters/Jim Young BOSTON Networking equipment maker Cisco Systems Inc said on Monday it has launched a product review to look for tampering after rival Juniper Networks Inc’s disclosure found code in firewall software that made it vulnerable to cyber attacks. Juniper warned customers on […]
The Internet Engineering Steering Group (IESG) today approved a new HTTP error code — 451 — that can be used to identify online content that is unavailable for legal reasons, such as government-enforced censorship. Taken from “Farenheit 451,” the title of the classic Ray Bradbury novel about book burning, the error code has been championed for several years by former Google engineer and XML specification author Tim […]
