The US has sued Qualcomm over the way it licenses its technology for mobile phones, hitting at the business that generates most of the US chip company’s profits. The case follows an investigation begun in 2014, but which was accelerated in recent weeks as the Federal Trade Commission moved towards filing a high-profile antitrust case just days before a new administration takes control in Washington. Qualcomm’s shares […]
A much delayed surveillance system to monitor trading in the world’s largest equity market took a big leap forward on Tuesday with the selection of the group to build and operate the project. Founded in 2009, Thesys Technologies, a trading technology provider, beat out the Financial Industry Regulatory Authority and SunGard Data Systems. Called the “Hubble telescope” by one regulator, the so-called Consolidated Audit Trail, or CAT, […]
By Caroline Valetkevitch | NEW YORK NEW YORK U.S. stocks fell on Tuesday as financials and other big post-election gainers lost ground. Biotech and pharma stocks declined after President-elect Donald Trump said in a Washington Post interview over the weekend that he would target companies over drug pricing and that he was ready to unveil a plan to replace Obamacare. The Nasdaq biotech index .NBI was down […]
Microsoft has listed the Alcatel Idol 4S’s unlocked version on its official website. The Windows variant of the Alcatel Idol 4S, which is already available from T-Mobile in the U.S., is now available for purchase from Microsoft’s online store as well. Pairing experience and productivity, the Alcatel Idol 4S comes in two variants – Android and Windows. The smartphone was introduced by the company at the MWC […]
ABU DHABI // A winner of the UAE Rain Enhancement Programme award on Tuesday said the uncertainty about whether rain could be produced on demand proved the importance of funding. “That’s why we’re doing science, to try and unravel more of the effectiveness of rain enhancement,” said Dr Paul Lawson, one of three beneficiaries of this year’s US$5 million award, announced on Tuesday. “It’s like doing research […]
HH Sheikh Mansour Bin Zayed: “The UAE is playing an active role in driving research in science and technology to identify solutions to tackle global water security challenges. This comes in support of the ambitious innovation and energy strategies of our country” Abu Dhabi-UAE: 17 January, 2017 Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs […]
It’s impossible for one person to see everything on display at CES each year. I had three staffers helping me cover the show, and PCMag had a dozen people on the ground in Las Vegas for its coverage. Being at CES provides valuable hands-on time with gadgets on the floor and in closed-door briefings. Based on what I saw, it’s clear that some amazing new […]
As the fitness wearables market continues to climb, Lumo Bodytech, a startup making wearables focused on things like running and posture, has decided to further business revenue by licensing its platform. Lumo, valued at $41 million according to Pitchbook, now plans to open up its proprietary tech stack — including software, algorithms, applications, and hardware — to third parties hoping to cash in on the wearables market. These […]
Researchers have illuminated another path forward for LED technologies by refining the manufacturing of light sources made with crystalline substances known as perovskites, a more efficient and potentially lower-cost alternative to materials used in LEDs found on store shelves. (via WSJ)
Oracle CEO Mark Hurd said the movement to cloud computing is driven by business realities as much — if not more — than technology. Speaking at his keynote at Oracle CloudWorld in New York, a regional tour designed to land cloud customers, Hurd said the global gross domestic product is growing at about a 2 percent clip. Half of the growth in the world is coming from […]
With rapid development in urban civilization and a gradual increase in the number of automobiles, traffic is becoming an intolerable issue. Airbus Group’s urban air mobility division has crafted a flying car that shall assist in avoiding the annoying traffic congestions on the road. The group plans to examine a prototype for the electrically-operated, self-piloted flying car. These cars shall assist commuters to avoid the traffic blockage. The Urban Air […]
Ford has turned to jet fighters and racing cars as inspiration for the all-new digital dashboard that features in the latest incarnation of its GT supercar The “smart” digital display, which works in a way similar to those used in modern jet fighters and racing cars, shows data based on five special driving modes. “Driver focus and attention are key with such high performance,” said Jamal Hameedi, […]
Three years ago, The New York Times published its innovation report, an unsparing assessment of the newsroom’s many weaknesses. Nearly 100 pages long and full of words like “worrying,” “shrinking” and “upheaval,” the report described a New York Times that was in a digital standstill while competitors like BuzzFeed, Vox Media and The Washington Post were racing ahead. Today, The New York Times released the results of […]
In PwC’s 20th annual survey of CEOs worldwide, 38% (2016:35%) are very confident about their company’s growth prospects in the next 12 months while 29% (2016:27%) believe global economic growth will pick up in 2017 In PwC’s 20th annual survey of CEOs worldwide, 38% (2016:35%) are very confident about their company’s growth prospects in the next 12 months while 29% (2016:27%) believe global economic growth will pick […]
SINGAPORE — Rats on its premises and other hygiene problems have landed the popular Kim San Leng Food Centre in Bishan a one-day suspension, so that it can clean up the premises. A rat trap seen at the back of Kim San Leng Food Centre in Bishan, Block 511 Bishan Street 13, taken on Jan 17, 2017. Photo: Koh Mui Fong/TODAY The centre, which has 10 stallholders, was […]
The company rolling out Australia’s National Broadband Network (NBN) has warned of possible civil works disruptions after announcing that it will begin extending fibre and cable broadband into major cities this year. Much of the disruption will occur as NBN needs to gain access to pits and existing infrastructure within high-density cities. “As the NBN network rolls out into cities, we will be met with new problems […]
Masdar, Abu Dhabi’s renewable energy company, has acquired a stake in Hywind Scotland, a 30-megawatt (MW) floating offshore pilot wind farm in the North Sea, it was announced on Tuesday. Through the transaction, Statoil and Masdar have agreed to share the development risk and Masdar will cover 25 percent of previous and future costs. Due to start commercial operation in late 2017, Hywind Scotland is the world’s […]
Though people have tried to predict where it will strike, no one can ever really know what acts of terror the militant group ISIS will come up with next. In making itself known on social media, ISIS has shown that it knows how to hit the 21st century society where it hurts. Its newest act of modernizing technology for its own purposes comes in the form of commercial […]
ABU DHABI // Permits are now being issued to food trucks operating outside the city, Abu Dhabi Integrated Transport Centre said on Tuesday. Locations where the vehicles are permitted include Al Raha Beach, Saadiyat Island, the E11 Abu Dhabi-Dubai road, Al Falah and Al Garm. Parking regulator Mawaqif has also issued permits to companies hosting recreational activities. “This step will contribute to diversifying the ways of offering […]
Computers have long helped us with our analytic tasks at work. But new technology options mean we can now work with them in more collaborative and intuitive ways. At one level, this is nothing new: computers have been making business decisions for a long time. For example, people used to decide how much airline seats should cost or whether a credit card transaction was fraudulent. Computers now […]
The Emirates Authority for Standardisation and Metrology (ESMA) has announced that it is working on new regulations to cover electric vehicles in the UAE. The UAE System for Electric Vehicles, the first of its kind regionally, will come into operation later in the first quarter of 2017 after approval by the UAE Cabinet, news agency WAM reported. Dr Rashid Ahmed Bin Fahad, Minister of State and chairman […]
MOSCOW Allegations of Russian cyber attacks are fabricated, Russian Foreign Minister Sergei Lavrov said on Tuesday. Lavrov said at a news conference that U.S. intelligence agencies who had tried to prove that U.S. President-elect Donald Trump had links to Russia have drawn a blank and should be fired. The Russian minister also described as a charlatan the former British spy who wrote a dossier on Trump’s alleged […]
A string of code found in the latest beta version of the Google App hints that Google Assistant will become even more useful in the future by allowing users to make payments through voice commands. The integration with Google’s wide range of services and the expanding availability of third-party APIs has contributed to making Google Assistant a successful piece of software, and the future addition of a […]
Facebook is throwing its weight behind French tech by choosing Paris to launch its first official start-up incubator, as the battle heats up among European capitals to lure the best tech companies following the Brexit vote. The social media giant announced on Tuesday it had become a founding partner in Station F, a €250m start-up campus in central Paris that is set to be the largest in […]
