A new battle is breaking out among the titans of cloud computing, as competition in the fast-growing sector shifts to a fresh arena: artificial intelligence. Amazon is the latest tech company to join the fray, boosting its focus on artificial intelligence at a time when Amazon Web Services, its cloud computing division, is locked in competition with Microsoft and Google. AWS, which sells computing and data storage […]
U.S. President-elect Donald Trump on Monday nominated Dr. Ben Carson to serve as secretary of the Department of Housing and Urban Development (HUD). “I am honored to accept the opportunity to serve our country in the Trump administration,” Carson said in a statement. (Reporting by Subrat Patnaik in Bengaluru; Editing by Anil D’Silva) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var […]
Nissan Motor Co.’s Leaf, with no one inside, scoots during a demonstration of their Intelligent Vehicle Towing system at Nissan Oppama plant in Yokohama, near Tokyo Monday, Dec. 5, 2016. Nissan Motor Co. is testing out self-driving cars at one of its plants in Japan to tow vehicles on a trailer to the wharf for loading without anyone behind the steering wheel.(AP Photo/Koji Sasahara) Nissan Motor Co. […]
Frank Land and Dame Stephanie Shirley unveil a plaque to mark the site of the world’s first business computer, installed 65 years ago. Photo: LEO Computers Society A plaque has been installed in Hammersmith, west London, where Lyons, the tea-shop company, ran the world’s first electronic business computer 65 years ago. Nothing remains of Cadby Hall, the two-acre site where Lyons had its head office, several bakeries, […]
BEIJING Iran’s nuclear deal with six major powers should continue regardless of changes in the internal situation of participant nations, China’s Foreign Minister Wang Yi told Iran’s visiting foreign minister during a meeting in Beijing on Monday. The future of the deal to curb Iran’s nuclear programme has been thrown into jeopardy with U.S. President-elect Donald Trump set to take office next month. During his election campaign […]
This is the first of a series on the global rise of exchange traded funds The supposed death of the stock picker has become one of the dominant narratives of post-crisis finance. As trillions of dollars have rushed into low maintenance, index-based products facilitated by exchange traded funds, it has become common place to hear traditional fund managers and analysts complain that this wall of cash is […]
Jayaram Jayalalithaa, the chief minister of the southern state of Tamil Nadu and one of India’s most powerful politicians, was in “very critical” condition Monday, a day after she suffered a cardiac arrest, according to authorities at the hospital where she is being treated. Ms. Jayalalithaa, who has a cult-like following, was on life support systems, Apollo Hospitals said in statement Monday afternoon. Four doctors from New […]
By Jack Kim and Ju-min Park | SEOUL SEOUL Besides South Korean President Park Geun-hye, the biggest casualty of the country’s mushrooming political corruption scandal may be the presidential aspirations of United Nations Secretary-General Ban Ki-moon. Although he has not declared his candidacy, Ban was until a month ago the front-runner in opinion polls to win the election scheduled for Dec. 20, 2017, a race he was […]
BEIJING China’s Foreign Ministry expressed displeasure on Monday after President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron (AIXGn.DE). Obama’s executive order barring China’s Fujian Grand Chip Investment Fund (FGC) from completing the acquisition of a German company with American assets was one of only a few such instances in which a U.S. president has blocked a […]
GENEVA The United Nations needs a record $22.2 billion to cover humanitarian relief projects next year, covering the needs of 93 million people in 33 countries, U.N. humanitarian chief Stephen O’Brien said on Monday. “This is a reflection of a state of humanitarian need in the world not witnessed since the Second World War,” he told a news conference, adding that 80 percent of the needs stemmed […]
By Idrees Ali | ABOARD A US MILITARY AIRCRAFT ABOARD A US MILITARY AIRCRAFT While the fight to retake the Iraqi city of Mosul from Islamic State is going to be difficult, it is “possible” it could be complete before President-elect Donald Trump takes office, U.S. Defense Secretary Ash Carter said on Monday. Some 100,000 Iraqi government troops, Kurdish security forces and mainly Shi’ite militiamen are participating […]
PARIS Socialist French Prime Minister Manuel Valls is to announce later on Monday that he will run for president in next year’s election, Agence France-Presse and French television reported. Valls’ office issued a statement that he would make a declaration at 1730 GMT at the town hall in Evry, just south of Paris, but it gave no further details. His expected announcement follows a primary ballot in […]
Discuss the law of large numbers with statisticians and they mean using large samples to improve experiments. Analysts take the phrase to mean no company or economy can grow stratospherically forever. China watchers have another approach, forecasting eye-popping numbers for future foreign investment into Chinese financial markets. Expected long-term inflows via the Shenzhen-Hong Kong Stock Connect, launched on Monday, are no exception. But in the short term, […]
UCF scientist Jayan Thomas has made a breakthrough that would essentially turn jackets and other clothing into wearable, solar-powered batteries that never need to be plugged in. It could one day revolutionize wearable technology, helping everyone from soldiers who now carry heavy loads of batteries to a texting-addicted teen who could charge his smartphone by simply slipping it in a pocket. Credit: UCF Marty McFly’s self-lacing Nikes […]
ISLAMABAD A fire at a luxury hotel in the Pakistani city of Karachi killed at least 11 people on Monday and injured dozens, media reported. The blaze broke out in a ground floor kitchen of the Regent Plaza hotel and trapped guests in upper floors, the English-language Dawn newspaper reported. The hotel has more than 400 rooms. Video footage showed some hotel guests using a chain of […]
In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful what you say on the phone.” Aksar had just published Niger’s first exposé from the Panama Papers, the investigation based on a leak of documents […]
Following a successful listing on the Australian Securities Exchange (ASX) on November 17 with a market capitalisation of AU$23 million, conversational commerce company Flamingo is now looking at Australia as a key market, with online lending marketplace DirectMoney being announced as its first local client. Born in Australia and based in the US, Flamingo is a software-as-a-service (SaaS) company that provides an “intelligent guided selling platform” to […]
SHANGHAI Chinese trainmaker CRRC (601766.SS)(1766.HK) plans to build more factories abroad as part of its plan to double sales outside of China to up to $15 billion by 2020, state-run China Daily reported on Monday. CRRC expects a total of $8 billion worth of orders from overseas customers this year, and was also open to teaming up with competitors to win bids in some markets, company executives […]
OAKLAND Victims of a fire that destroyed a converted warehouse in California this weekend, killing at least 33 people, included a woman working her way through culinary school, at least three musicians and a teacher. Their lives all ended suddenly when the performance space and artist community known as the Ghost Ship, which the city said was permitted only as a warehouse, turned into an inferno late […]
John Key has resigned as New Zealand’s prime minister, saying it felt like “the right time to go” and that he wanted to leave on his own terms ahead of next year’s general election. Mr Key, a former Merrill Lynch banker who won three consecutive elections and whose National party is ahead in opinion polls, said he would vote for Bill English, deputy prime minister, in a […]
In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful what you say on the phone.” Aksar had just published Niger’s first exposé from the Panama Papers, the investigation based on a leak of documents […]
By Ernest Scheyder and Valerie Volcovici | CANNON BALL, N.D./WASHINGTON CANNON BALL, N.D./WASHINGTON The U.S. Army Corps of Engineers said on Sunday it turned down a permit for a controversial pipeline project running through North Dakota, in a victory for Native Americans and climate activists who have protested against the project for several months. A celebration erupted at the main protest camp in Cannon Ball, North Dakota, […]
By Crispian Balmer and Gavin Jones | ROME ROME Italian Prime Minister Matteo Renzi said he would resign after suffering a crushing defeat on Sunday in a referendum on constitutional reform, tipping the euro zone’s third-largest economy into political turmoil. His decision to quit after just two and a half years in office deals a blow to the European Union, already reeling from multiple crises and struggling […]
Futuristic racing franchise Wipeout, which has been a part of the PlayStation library since the first game was launched in 1995 has been notably absent on the PlayStation 4, with the last installment in the series being Wipeout 2048 for the PlayStation Vita handheld console. When Shuhei Yoshida, the President of Sony Worldwide Studios, was asked in September last year on whether Wipeout will be making a […]
