Qualcomm has announced that its Snapdragon branding will now apply only to premium processors, while those in the 200 tier will be relabelled under the new “Qualcomm Mobile” brand in an effort to differentiate their value — with the chip giant also moving away from processor branding towards “platforms”. “Moving forward, only premium mobile platforms will retain the Snapdragon brand, while processors in the 200 tier will […]
ING Direct in Australia has released its financial results for 2016, reporting AU$295 million in statutory after-tax profit off the back of attracting 163,000 new customers during the 12-month period. According to ING CEO Uday Sareen, the bank’s customer growth came as a result of ING further developing its digital offerings and launching a new online banking platform in 2016. “Bank customer inertia is declining as people […]
Overall, there was a 17% increase in the number of companies in MEA in 2016 compared to 2015, with Johannesburg being the leading destination for Africa JOHANNESBURG, South Africa, March 16, 2017 The Middle East Africa (MEA) region has become increasingly important for the majority of global Fortune 500 countries, according to a new report released by Infomineo (www.Infomineo.com ), a global business research company specialising in […]
A computer security firm on Wednesday revealed a flaw that could let hackers break into WhatsApp or Telegram messaging accounts using the very encryption intended to protect messages. Check Point Software Technologies said that it alerted Telegram and Facebook-owned WhatsApp last week, waiting until the vulnerability was patched before making it public. Check Point did not specify how many messaging accounts were at risk, but did […]
While it may not be the very definition of irony, we do find the fact that the Atlanta Fed has just cut its Q1 GDP forecast from 1.2% to 0.9%, a number which if confirmed would be the lowest quarterly print in year, just two hours before the Fed’s rate hike quite humorous. As a reminder, the number was as high as 3.4% one and a half […]
By John Davison | MOSUL AIRPORT, Iraq MOSUL AIRPORT, Iraq Outside a mosque on the edge of Mosul airport’s ripped up runway, Iraqis made homeless by war sit on suitcases, taking a brief rest before beginning their onward journey, on foot or in buses. Men push wheelchairs carrying elderly relatives or carts loaded with small children over dusty and uneven ground, part of an exodus of people […]
The Samsung Galaxy Note 8 is expected to debut later this year with impressive specs and features on board, including a dual rear camera setup. The rumor mill has been mostly focusing on the Galaxy S8 and Galaxy S8 Plus flagships set to debut later this month, and a slew of leaks, rumors, and reports tried to paint a picture of what to expect. When it comes to […]
By Andrea Shalal | BERLIN BERLIN The German government is reserving the right to ban Turkish politicians from campaigning in Germany, Chancellor Angela Merkel’s chief of staff said in an interview published on Wednesday, adding it would be a last resort. Turkish President Tayyip Erdogan’s drive for support among Turks living abroad for the April 16 referendum to expand his powers has caused deep strains between Ankara […]
AMSTERDAM Two publicly-funded websites used by Dutch voters to help them decide which party to vote for in their national election were inaccessible on Wednesday, apparently victims of a cyber attack. The sites, “Stemwijzer” and “Kiescompas”, are extremely popular, with nearly half of eligible voters using one or the other in the last national election in 2012. However, most voters use them in the weeks ahead of […]
It is fitting that just a few hours until the Fed’s second rate hike in two quarters, and one day after Goldman downgraded global stocks to Neutral for the next 3 months, not to mention with the results of the anticipated Dutch election due shortly, that global stocks as well as S&P futures are higher, while crude oil has finally managed to stage a rebound as the […]
Shares in Cathay Pacific fell as much as 6.9 per cent on Wednesday after the Hong Kong flag carrier swung to its first annual loss since 2008. The airline reported a net loss of HK$575m ($74m) for 2016 in the face of increased competition from mainland Chinese airlines and falling demand for its premium class seats. The net loss compares with a HK$6bn profit reported in 2015, […]
By Andrew Osborn | MOSCOW MOSCOW First, armed police seized some of its books. Next, its director was put on trial accused of stirring up ethnic hatred. And now, quietly, its shelves have been emptied and its volumes packed up, ready to be merged into another library’s collection. A year and a half after Russia’s only state-run Ukrainian language library, Moscow’s Library of Ukrainian Literature, was dragged […]
TOKYO Shares in Toshiba Corp tumbled on Wednesday after it said it would consider a sale of Westinghouse but did not offer any clarity on whether it would proceed with a Chapter 11 filing for the U.S. nuclear unit – a move that could stem losses. Toshiba’s failure to submit audited third-quarter earnings on Tuesday and its announcement of an expanded probe into Westinghouse also contributed to […]
NEW YORK — Millions of records from a commercial corporate database have been leaked. The database, about 52 gigabytes in size, contains just under 33.7 million unique email addresses and other contact information from employees of thousands of companies, representing a large portion of the US corporate population. Dun & Bradstreet, a business services giant, confirmed that it owns the database, which it acquired as part of […]
By Patricia Zengerle | WASHINGTON WASHINGTON The chairman of the U.S. Senate Intelligence Committee said on Tuesday he plans to hold public hearings on possible links between President Donald Trump’s campaign and Russia, although he did not say when they would take place. “It will happen,” Republican Senator Richard Burr told reporters after a closed committee meeting. Asked if he knew when, he said, “I don’t yet, […]
Ant Financial Services Group, the financial services affiliate of China’s Alibaba Group Holding Ltd (BABA.N), said on Tuesday it remained committed to the consummation of its merger with U.S. money-transfer company MoneyGram International Inc (MGI.O), after Euronet Worldwide Inc (EEFT.O) trumped its offer. U.S. electronic payments company Euronet Worldwide launched a $1 billion bid for MoneyGram on Tuesday, saying that its all-American deal would face less regulatory […]
Dutch voters head to the polls on Wednesday after Mark Rutte, prime minister, and rivals clashed over refugees, immigration and the economy in the last televised debate following an extraordinarily tight race. After a campaign that was interrupted by a diplomatic spat with Turkey, by fears of foreign interference and by a row over the security of populist Geert Wilders, the vote is set to be extremely […]
Oil prices have fallen almost 10 per cent in the past week to their lowest level since Opec agreed to cut output in November. Here are five factors contributing to the renewed bout of selling that could dictate whether Brent crude can hold above $50 a barrel. 1. Shale The US shale industry has come back with a bang, with oil prices back above $50 a barrel. […]
(Corrects name of gallery in paragraph 3 to Ayyam) By Tarek Fahmy. DUBAI Palestinian painter Samia Halaby has blunt advice for aspiring Arab artists – get your inspiration first-hand, whether from ordinary people or historical documents, avoiding the “lies” of the media. Halaby, who made her name with abstract paintings, drew on both kinds of source for her most overtly political project, a series of drawings of the 1956 […]
Senior Officials Attend Opening Ceremony at MENA Headquarters in Dubai Internet City DUBAI, United Arab Emirates – 14 March 2017 SAP SE today announced a five-year USD 200 million investment in the UAE, underpinning objectives outlined by the UAE Vision 2021 plan to create economic diversity and jobs for youth. Senior officials participated in the official ribbon-cutting VIP ceremony and inaugurated the new SAP MENA headquarters in […]
As consumers gear up for the arrival of the Galaxy S8, an analyst has dampened expectations by forecasting that the sales of the new Samsung flagship will be lower than that of the predecessor Galaxy S7. The analyst in question is KGI Securities’ Ming-Chi Kuo who has a fantastic track record when it comes to predictions, especially for Apple products. In a note to investors, the analyst […]
Authored by Patrick Buchanan via Buchanan.org, Not long ago, a democratizing Turkey, with the second-largest army in NATO, appeared on track to join the European Union. That’s not likely now, or perhaps ever. Last week, President Recep Tayyip Erdogan compared Angela Merkel’s Germany to Hitler’s, said the Netherlands was full of “Nazi remnants” and “fascists,” and suggested the Dutch ambassador go home. What precipitated Erdogan’s outbursts? City […]
When Intel’s chief executive addressed shareholders at last month’s investor day, he insisted that the “traditional market view” of the company as a Silicon Valley stalwart making chips for PCs and servers was wrong. “The way we look at the world is a bit different,” Brian Krzanich said. “We are a data company.” Investors would soon discover just how differently Mr Krzanich was looking at Intel’s world. […]
PC shipments in Australia totalled 1.12 million units in the fourth quarter of 2016, beating market expectations, according to research firm IDC. The total for the quarter, which included both desktops and tablets, was down year on year by 3.2 percent. However, the decline was an improvement on the forecast 10.2 percent drop. While the first half of last year was affected by Dick Smith’s shutdown, high […]
