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Yesterday´s Future is Today´s Reality. In the area of Business applications, cloud seems to be all over the place. But it has many facets which all have its right to exist, though it´s a fatal misunderstanding to see cloud simply as an alternative technical deployment option. From the new millennium SaaS models that have been adopted, initially with huge appetite in dedicated Line of Business areas. We […]

Two months after an unexpected, landslide loss in the December 4 constitutional referendum which cost him his job as Italy’s prime minister, on Sunday Matteo Renzi quit as leader of Italy’s ruling party, in the process triggering a re-election fight against minority dissidents that threatens the stability of the center-left government, Bloomberg reports. Renzi told a national assembly of the ruling PD that he had handed in […]

President Trump unveiled an alternate universe Thursday in which virtually every problem of his is the creation of the press. In a rambling, angry and contradictory media meltdown, Trump bashed “the failing New York Times,” The Wall Street Journal, CNN and the BBC, among others, following a fleeting announcement of a new nominee for Labor Secretary. It constituted what at minimum is a quadrupling down — or might […]

Theresa May has ordered her top officials to examine Kraft Heinz’s proposed takeover of Unilever to see if it raises concerns for the wider British economy and merits government intervention. The $143bn takeover approach is a big test for Mrs May’s industrial policy: last year she criticised Kraft’s 2010 takeover of the British chocolate maker Cadbury — the US company reneged on a promise to retain factories […]

UAE-based developer Manazel Real Estate has announced that it is preparing to launch a major coastal project in the Ghantoot area, an area situated between Dubai and Abu Dhabi. The project is currently in the licensing stage, with further details to be announced at the Cityscape exhibition in Abu Dhabi in April, the company said in a statement.  Mohamed Mehanna Al Qubaisi, chairman of Manazel Real Estate, […]

special feature Harnessing IoT in the Enterprise The tech revolution is spreading to every corner of the earth with the Internet of Things, and it’s enabling data analytics and automation in ways never before imagined in business. Depending on whose numbers turn out to be right, there will be somewhere between 20 and 200 billion “things” connected to the internet by 2020. We all know about the […]

By Jonathan Landay | MUNICH MUNICH Russia has shown no change in behaviour or policies to embrace U.S. President Donald Trump’s offer of better relations or cooperation in fighting Islamist militants, U.S. officials and lawmakers say.     Trump’s latest overture was delivered by Vice President Mike Pence on Saturday to a security conference in Germany held amid European worries over U.S. commitment to the continent’s security and […]

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February 18, 2017 by: Peter C ampbell, Motor Industry Correspondent Theresa May has agreed to meet PSA chief executive Carlos Tavares to discuss the French carmaker’s proposals to buy General Motors’ European operation Opel, which includes Vauxhall. Downing St confirmed the prime minister’s involvement as talks between PSA, the owner of Peugeot and Citroen brands, and GM move towards a conclusion, which is expected in the next […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. So what if Donald Trump strong-armed media advertisers in the same way he’s trying to get companies to keep jobs in the United States? The subject was broached by a faraway observer after Trump’s angry and rambling anti-press rhetorical screed […]

BEIRUT Syrian warplanes carried out air strikes in a besieged rebel-held district of Homs on Saturday that killed at least two people, adding to a death toll of more than 20 in nearly two weeks of air raids, an activist and monitors said. Al-Waer, the last rebel-held neighbourhood in the western city of Homs, had for months been spared much of the intense violence raging elsewhere in […]

SEOUL Handcuffed and tied with white rope, the scion of one of the world’s biggest conglomerates, Samsung Group, was taken on Saturday for questioning by South Korean authorities after spending a night in a small detention cell. Samsung Group chief Jay Y. Lee was arrested on Friday for his alleged role in a corruption scandal that has led to the impeachment of President Park Geun-hye. The 48-year-old […]

Soundtrack Your Brand (SYB), the brainchild of an ex-Spotify executive and the quickest growing background music company, has raised $22 million in a round of funding. The round was led by UK’s Balderton Capital and Industrifonden, which is a Nordic venture capital fund. The funding, SYB revealed will be used for the business’ worldwide expansion, as well as improving the service. The company intends to use the […]

Committed to its new strategy to support the corporate sector with innovative financing solutions 18 February 2017 Kuwait – Warba Bank has announced that an agreement has been concluded with Al-Mulla International Financing Company by which the bank will increase the allocated amount of the acquisition of financing portfolios from Al-Mulla International Financing to reach the amount of 50 Million Kuwaiti Dinars. This substantial agreement reflects Warba Bank’s […]

When Paul Polman became chief executive of Unilever, the consumer goods company which on Friday rejected a $143bn takeover approach from Kraft Heinz, he told investors to steer clear unless they were prepared to sacrifice short-term profit for “sustainable” ideals. The same message has been delivered to the maker of Kool-Aid drinks and Oscar Mayer hot dogs, with a flat rejection of a deal that would be […]

Brad Grey, the chairman and chief executive officer of Viacom Inc’s (VIAB.O) Paramount Pictures film studio is expected to leave with an announcement coming as early as next week, according to two sources familiar with the situation. Grey’s departure from the studio, which he has headed for 12 years, comes after years of underperformance, producing box office bombs such as “Teenage Mutant Ninja Turtles: Out of the […]

Current economic conditions around the world provide a good foundation for growth. But unprecedented levels of market uncertainty mean that organizations have to be ready to change strategy faster than ever before. Growth around the world In the US, President Donald Trump has inherited an economy with strong fundamentals: low inflation, and the lowest unemployment rate since 2007. He has promised a pro-business economic agenda with lower […]

Researchers at EPFL and UNIL have discovered a faster and more efficient gait, never observed in nature, for six-legged robots walking on flat ground. Bio-inspired gaits — less efficient for robots — are used by real insects since they have adhesive pads to walk in three dimensions. Credit: EPFL/Alain Herzog When vertebrates run, their legs exhibit minimal contact with the ground. But insects are different. These six-legged […]

By Hyunjoo Jin and Joyce Lee | SEOUL SEOUL Samsung Group chief Jay Y. Lee was arrested early on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea, dealing a fresh blow to the world’s biggest maker of smartphones and memory chips. The 48-year-old Lee, scion of the country’s richest family, was taken into custody at the Seoul […]

Before anyone at Apple officially utters a word about the iPhone 8 it seems that we already know a lot about Apple’s upcoming $1,000+ smartphone. But Apple could still drop some surprises on us. Must read: OLED iPhone 8 may finally have the feature that owners have been craving #1: New iOS user interface We’re so focused on the hardware that we’ve not stopped to think about […]

Ten years ago Vladimir Putin angrily declared that the post-cold war order was a sham. Standing before the western military and diplomatic establishment at the Munich Security Conference, the Russian president accused the US of plunging the world into chaos by warmongering, meddling in other countries’ affairs and disregarding international law. For many, it marked the moment that Mr Putin became an adversary. Now, as foreign policy […]

Containers are great, having to re-invent persistence to use them, not so much. But that is changing. You’re not the only one concerned about container persistence: 82 percent of respondents in a recent survey said they’d deploy containers within two years if storage challenges could be resolved. That is a legitimate concern, as containers can offer great versatility and efficiency compared to virtualization, but being forced to […]

Mr. Trump’s position on a two-state solution discarded a policy that has underpinned America’s role in Middle East peacemaking since the Clinton administration and raised a host of thorny questions. Continue reading the main story The Palestinians are highly unlikely to accept anything short of a sovereign state, and a single Israeli state encompassing the Palestinians would either leave them as second-class citizens or would no longer […]

New Zealand telecommunications provider Spark has announced its financial results for the first half of FY17, reporting earnings before interest, tax, depreciation, and amortisation (EBITDA) of NZ$471 million, up 3.5 percent. Revenue was up by 4.1 percent, to NZ$1.79 billion, while earnings after tax amounted to NZ$178 million, up 12.7 percent. Capex increased by 3.7 percent for a total of NZ$224 million, and opex was up by […]

BERLIN No country can solve the world’s problems on its own and governments can achieve more for their nations if they work together closely, German Chancellor Angela Merkel said on Wednesday. Germany holds the presidency of the G20 leading economies this year, a platform Merkel wants to use to safeguard multilateral cooperation after U.S. President Donald Trump questioned international alliances and obligations and insisted on putting “America […]

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