/By Matein Khalid/ Despite the global fame of its brand ambassadors Leonardo DiCaprio and Snoop Dog, Alternative faux meat specialist Beyond Meat (symbol BYND) electrified Wall Street with its white-hot IPO. The recent panic in financial markets and rising geopolitical risk in the Middle East did not prevent Beyond Meat’s $240 million IPO from being a fabulous winner, rising from 25 to 89 as I write. Of […]
|By Raj Samani |As 2018 draws to a close, we should perhaps be grateful that the year has not been entirely dominated by ransomware, although the rise of the GandCrab and SamSam variants show that the threat remains active. Our predictions for 2019 move away from simply providing an assessment on the rise or fall of a particular threat, and instead focus on current rumblings we see […]
|By Matein Khalid| Dubai based Gulf Islamic Investments (GII) acquired a one million square foot Amazon logistics center in Dortmund, Germany for $144 million. This deal is a testament to the boutique global merchant bank created in Dubai by GII’s co-founder/CEO Pankaj Gupta, who I am honored to call a friend. I consciously model my own firm Asas Capial on the strategic path laid out by GII and […]
|By Matein Khalid| US and global equities surged on news of the US House of Representatives pass the tax reform bill, Cisco and Walmart posted blowout earnings and a potential bidding war emerged for Fox’s media assets. The rally on Thursday followed a week of carnage in the US high yield debt markets, flattening of the US Treasury yield curve and losses in the major stock market indices worldwide. […]
|By Arabian Post Staff| In an unprecedented move against corruption at high places Saudi Arabia’s King Salman removed the chief of the National Guard,along with 10 other princes, and replaced the the Economy Minister. The king also constituted anti-corruption panel, headed by Crown Prince Mohammed bin Salman to prevent corrupt practices by those in the authority. Al-Arabiya news channel reported that 11 princes and dozens of former […]
When The Washington Post broke the story this week that President Trump shared highly classified intelligence from a U.S. ally with Russia, not everything the reporters knew made it into print. Halfway through the story, this paragraph referring to the ISIS plot revealed by Trump appeared: “The Post is withholding most plot details, including the name of the city, at the urging of officials who warned that […]
In a small West Village theater last week, an audience cheered on the Wu-Tang Clan and Bill Murray as they stole a one-of-a-kind rap album from a capitalist caricature. They were watching the new musical about drug-price gouger, apparent twerp and accused fraud Martin Shkreli. The show is silly, fun and maybe went a little too long, which wasn’t too inconvenient because of its talented cast. (Who […]
If America’s political system were working as it should, Donald Trump would be on his way out. Either Congress would have started impeachment, or people around the president would have declared him unfit for office. But Mr Trump retains an ace up his sleeve. No elected Republican dares cross him. Any who think of standing up to him know they would risk an electronic lynching that could […]
BEIJING Chinese state media on Wednesday criticized the United States for hindering efforts to stop global cyber threats in the wake of the WannaCry “ransomware” attack that has infected more than 300,000 computers worldwide in recent days. The U.S. National Security Agency (NSA) should shoulder some blame for the attack, which targets vulnerabilities in Microsoft Corp (MSFT.O) systems and has infected some 30,000 Chinese organizations as of […]
A Samsung Galaxy S8 running Windows 10 Mobile has started making rounds online. If these images are accurate, then it means that Windows Phones are not dying just yet, despite the circumstances — Upgrade Advisor app now defunct and Creators Update limited availability to 13 handsets, with Microsoft giving 40 percent of the devices in the wild the cold shoulder. That’s a big “if,” though. Galaxy S8 Seen […]
Thailand has backed down on threats it made last week to block Facebook in the country, having previously threatened to issue court orders if the social media giant did not remove content the government deems illegal. Takorn Tantasith, secretary general of Thailand’s broadcast regulator, said Facebook would not be blocked due to its compliance with demands to remove content it deemed a threat to national security or […]
Instagram just copied the last iconic Snapchat feature, introducing “face filters” that allow users to spice up their selfies with augmented reality elements. Facebook, Instagram and Snapchat have been playing a copycat game for a while now as Facebook gradually “borrowed” more Snapchat features and added them to its own services. The new Instagram selfie filters are like the cherry on top, crowning all other copied elements […]
Fake news stories are often extremely easy to debunk. Fact-checking “Pope Francis endorses Donald Trump” required little more than an analysis of papal interviews and an email to the Vatican press office. Some fakers don’t even bother writing up an article to back up their hoax headlines. Yet by the time fact-checkers arrive on the scene of a fake, it may be too late to correct the […]
Kuwait’s supreme court on Monday upheld a five-year jail term against three members of the ruling family, including the former secret service chief, for insulting the judiciary. Those convicted include Sheikh Athbi Al-Fahad Al-Sabah, a nephew of the Gulf state’s emir and the former head of the secret service police, according to an official court verdict. He was one of three royals convicted, along with two other […]
Authored by Federico Pieraccini via The Strategic Culture Foundation, With Moon Jae-In’s victory in South Korea, the period of tension on the Korean Peninsula is likely to end. With the rise to power of the new president, South Korea can expect a sharp decline in hostilities with North Korea as well as a resumption of dialogue with China. An expected and highly anticipated victory was confirmed in South Korea on […]
Better analysis of advertising metrics plus cross-device tracking will result in big savings on advertising costs and create more revenue for media sites with great content — these were among the claims made this week at a San Francisco event hosted by ad tech companies Flashtalking, Tapad, and Integral Ad Science. These companies provide advertising control and measurement technologies and detailed analysis of online campaigns. Customers gain […]
The three beefy men sharing a laugh looked like old friends, not geopolitical adversaries. A smiling Donald Trump welcomed Russia’s foreign minister Sergei Lavrov and its US ambassador Sergey Kislyak to the Oval Office on Wednesday, just a day after the president had fired the man investigating Moscow’s role in helping him enter the White House. The extraordinary scene was just the latest sign that Mr Trump […]
NASA and the European Space Agency are not exactly pursuing a lander mission together. This was recently revealed by a NASA spokesperson to Fox News, following news from last month that the two space agencies were joining forces for a joint lander mission to Jupiter moon Europa when 2025 comes along. Not Teaming Up For Europa Lander Mission Dubbed the Joint Europa Mission, the proposal was revealed on […]
In a mini-tweetstorm Friday that combined references to alleged unfair treatment of his spokespeople and the firing of FBI Director James Comey, President Trump raised the possibility of canceling regular briefings with the White House press corps. The Fake Media is working overtime today! — Donald J. Trump (@realDonaldTrump) May 12, 2017 …Maybe the best thing to do would be to cancel all future “press briefings” and […]
When developer Spike Chunsoft revealed plans to resurrect the long-running Fire Pro Wrestling series with the upcoming Fire Pro Wrestling World, a small but ridiculously passionate slice of the gaming community collectively lost its mind. I was a part of the madness. The last true Fire Pro title—ignoring the Japan-exclusive social game and the awful, avatar-focused Xbox Live Arcade title—was the PlayStation 2’s Fire Pro Wrestling Returns […]
The Minneapolis Star Tribune turns 150 later this month. In honor of that milestone, a Minneapolis brewery made a pale ale in the newsroom’s honor. In a press release, Fulton Brewing Company’s head brewer, Mike Salo, explains how the beer was made. (And he just might have a future in writing if the whole beer thing falls through.) Extra! Extra! Pale Ale is an American pale ale […]
JERUSALEM: The Red Cross visited the leader of hundreds of Palestinian prisoners on hunger strike in Israeli jails on Thursday for the first time since the strike began, a spokesman said.A delegate from the International Committee of the Red Cross visited strike leader Marwan Barghouti on Thursday morning, the spokesman told AFP, the first such visit since the strike began 25 days ago.The spokesman was unable to […]
Verizon had a bidding war with AT&T over Straight Path Communications and it just sealed the deal, acquiring the company for more than $3 billion. More specifically, Verizon outbid AT&T and agreed to pay $184 per share in an all-stock transaction, amounting to $3.1 billion in total. The bidding war started when AT&T offered $95.63 per share, but Verizon raised and AT&T folded. Verizon Outbid AT&T “[T]he […]
Facebook announced on Wednesday that it’s penalizing websites that contain little substantive content and junky advertising, the social network’s latest step to police its platform for content that users find objectionable or irrelevant. “We hear from our community that they’re disappointed when they click on a link that leads to a web page containing little substantive content and that is covered in disruptive, shocking or malicious ads,” […]
