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|By Arabian Post Staff| Residential batteries, together with battery applications in commercial, industrial and utilities, are considered to be the next big opportunity in batteries besides electric vehicles. Indeed, this will become a $6 billion market by 2026 as predicted by the new IDTechExResearch report “Batteries for Residential, Commercial, Industrial and Utility Applications 2016-2026: Technologies, Markets, Players and Opportunities”. On April 30, 2015, Tesla officially launched its residential and commercial/utility-scale […]

Despite recently weakening consumer sales for both the iPhone and iPad, Apple devices and software have enjoyed a growing presence in business enterprises. Out of net sales of nearly $234 billion in 2015, some $25 billion came through sales to large business customers, according to Apple’s most recent annual report, released in October. While those sales were just a small fraction of the company’s overall revenues, they […]

Normally, individual molecules of genetic material repel each other. However, when space is limited DNA molecules must be packed together more tightly. This case arises in sperm, cell nuclei and the protein shells of viruses. An international team of physicists has now succeeded in artificially recreating this so-called DNA condensation on a biochip. Recreating important biological processes in cells to better understand them currently is a major […]

A solar storm that jammed radar and radio communications at the height of the Cold War could have led to a disastrous military conflict if not for the U.S. Air Force’s budding efforts to monitor the sun’s activity, a new study finds. On May 23, 1967, the Air Force prepared aircraft for war, thinking the nation’s surveillance radars in polar regions were being jammed by the Soviet […]

A sign of Alibaba Group is seen at CES (Consumer Electronics Show) Asia 2016 in Shanghai, China, May 12, 2016. Reuters/Aly Song/File Photo HONG KONG Chinese e-commerce giant Alibaba Group Holding Ltd is offering to help international technology firms such as SAP SE to enter China, a market where foreign tech companies face increased government scrutiny. Alibaba Cloud, the cloud computing arm of Alibaba Group, said in […]

A man uses a mobile phone in front of an advertisement board bearing the image of Pokemon Go at an electronic shop in Tokyo, Japan, July 27, 2016. Reuters/Kim Kyung-Hoon/File Photo SAN FRANCISCO Top video game companies, caught off-guard by the runaway success of Pokemon Go, are wrestling with how to play catch-up to the augmented reality app that has become a worldwide phenomenon. Nearly a dozen […]

A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski/Illustration/File Photo SYDNEY Australia has set up a cyber-intelligence unit to identify terrorism financing, money laundering and financial fraud online, the government said on Tuesday, because of “unprecedented” threats to national security. The measure expands on a major platform of conservative Prime Minister Malcolm Turnbull, […]

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A general view of a Wal-Mart store in Mexico City, April 24, 2012. Reuters/Edgard Garrido/Files Wal-Mart Stores Inc (WMT.N), vying to better challenge Amazon.com Inc (AMZN.O), will pay about $3 billion for internet retailer Jet.com and its innovative pricing software in the largest-ever deal for an e-commerce startup. The deal disclosed on Monday follows a five-year e-commerce acquisition spree in which Wal-Mart, the world’s biggest traditional retailer, […]

Eyeing the opportunity to grow its e-commerce sales, Walmart today announced it will shell out $3.3 billion to acquire the online retailer Jet. Since launching a year ago, Jet has grown rapidly to reach $1 billion in merchandise sales. While Walmart dominates the brick-and-mortar retail ecosystem in the U.S., its online sales trail that of its greatest e-commerce competitor, Amazon. In 2015, Amazon reported net sales of […]

TOKYO Nick Johnson, who claims to be the first person to capture all 145 creatures now available in the “Pokemon Go” mobile gaming phenomenon, says he is not ready to put away his smartphone just yet and hopes for new features. The 28-year-old tech employee from Brooklyn, New York, who refers to himself as the “world-first Pokemon Go master” on his Twitter account, announced last week he […]

Software security firm Symantec has identified a group called Strider that’s aiming spying-related malware at individuals and organizations in Belgium, China, Russia and Sweden. Apparently active since at least late 2011, Strider has kept a low profile and could be a nation-state attacker, Symantec said. Strider uses “stealthy,” hard-to-detect malware called Remsec that provides backdoor access to infected computers for stealing data, logging keystrokes and other actions, […]

INTERNATIONAL. EY announces the launch of its Commercial Analytics Services Hub (EY CASH). This cloud-based analytics platform helps consumer products and retail (CPR) companies accelerate growth by predicting consumer choice to inform key decisions. EY CASH combines the professional services organization’s sector experience with the flexibility, scalability and enhanced security of the Microsoft Azure cloud and Cortana Intelligence. With 73% of CPR companies finding profitable growth far […]

UAE.  [ME NewsWire] –The latest Global Economic Conditions Survey (GECS) from ACCA and IMA, suggested positive signs for businesses in the GCC but a stark forewarning of how the shock of Brexit will hit a fragile recovery in global business confidence. Responding to the findings, Lindsay Degouve de Nuncques, head of ACCA Middle East said: “It is encouraging to see that our members’ business confidence has improved […]

WASHINGTON — The Syrian military was foundering last year, with thousands of rebel fighters pushing into areas of the country long considered to be government strongholds. The rebel offensive was aided by powerful tank-destroying missiles supplied by the Central Intelligence Agency and Saudi Arabia. Intelligence assessments circulated in Washington that the Syrian president, Bashar al-Assad, was losing his grip on power. But then the Russians arrived, bludgeoning […]

Today, Facebook officially took the wraps off what co-founder and CEO Mark Zuckerberg called the “biggest and most advanced hardware lab” in the company’s history. Designed for Facebook engineers and designers working on everything from improved data center equipment to virtual-reality cameras, the Area 404 lab covers 22,000 square feet, “the size of half a football field,” at the company’s offices in Menlo Park, Calif., Zuckerberg said. […]

INTERNATIONAL. New research from Long Finance, sponsored by PwC and conducted by Z/Yen, shows the wholesale insurance* market is enthusiastic about implementing blockchain solutions**. The report is based on interviews with brokers, insurers, reinsurers, regulators and trade bodies from across the global wholesale insurance market. As well as cost reduction and improved efficiency, blockchain could be a transformative technology changing the way the industry operates, enabling revenue […]

Engineers at the University of California San Diego have developed a flexible wearable sensor that can accurately measure a person’s blood alcohol level from sweat and transmit the data wirelessly to a laptop, smartphone or other mobile device. The device can be worn on the skin and could be used by doctors and police officers for continuous, non-invasive and real-time monitoring of blood alcohol content. The device […]

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, July 28, 2016. Reuters/Kim Hong-Ji/Files SEOUL Samsung Electronics Co Ltd on Wednesday unveiled a new Galaxy Note smartphone with a curved screen and iris-recognition technology, seeking to build on the sales momentum that has helped it roar back to surging profit growth. Samsung, the world’s top smartphone maker, saw its January-June mobile profit […]

SolarCity Corp (SCTY.O) agreed to Tesla Motors Inc’s (TSLA.O) $2.6 billion offer to buy the solar panel installer, the companies said on Monday, clearing one obstacle in the way of Elon Musk’s ambitious plans for a carbon-free energy and transportation company. Tesla’s offer represented about half of SolarCity’s value a year ago, a tumble reflecting the solar company’s slowing growth, complex financial structure and the increased scrutiny […]

Nick Denton, founder of Gawker, talks with his legal team before Terry Bollea, also known as Hulk Hogan, testifies in court, in St Petersburg, Florida, United States, March 8, 2016. Reuters/John Pendygraft/Pool/File Photo NEW YORK Gawker Media Chief Executive Nick Denton filed for personal bankruptcy protection on Monday, according to court documents that name his largest creditor as Hulk Hogan, a former professional wrestler who won a […]

Jack Ma, founder and Executive Chairman of Alibaba Group speaks during the inaugural ”Xin” Philanthropy Conference in Hangzhou, Zhejiang Province, China, July 9, 2016. China Daily/via Reuters A Chinese consortium that includes game developer Shanghai Giant Network Technology Co Ltd and e-commerce company Alibaba Group Holding Ltd founder Jack Ma has agreed to acquire Caesars Interactive Entertainment Inc’s online games unit for $4.4 billion in cash, the […]

INTERNATIONAL. Despite significantly increasing investment in compliance and being continuously under the scrutiny of regulators, economic crime in financial services has increased, showing new thinking is needed to make investment in compliance deliver more value and tackle economic crime.　 The views are published in a new paper by PwC examining how the financial services sector (including Banking & Capital Markets and Insurance) responds to economic crime. Financial […]

SAUDI ARABIA. JLL, the world’s leading real estate investment and advisory firm, today has released its Q2 2016 Riyadh and Jeddah Real Estate Overview reports assessing the latest trends in the office, residential, retail and hotel sectors. With Saudi Vision 2030 pivotal to the diversification and restructuring of the economy in lieu of decreasing oil prices, this report highlights that both Riyadh and Jeddah continue to maintain […]

Faster, higher, stronger: those are the three qualities captured in the official Olympic Games motto “Citius, altius, fortius”– to which some will want to add “dubious”. With doping seemingly rife in sport generally and the Russian Olympic team in trouble, it’s hard to see the Rio Games as the embodiment of the famous dictum of Pierre de Coubertin, founder of the modern Olympics, that it’s not the […]

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Just in:
Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Meraas showcases five residential zones at Dubai Design Week // Hong Kong mandates crypto transaction disclosures to tax authorities // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // SC to examine students’ exam plea today // Oil and chip shares retreat after Democratic victories // Emirates Group records AED 4.1 billion half-year profit // Cyberport Venture & Capital Forum 2026 Grand Opening // U.S. Mid Term Result Is A Clear Verdict Against Trump’s Authoritarianism // OpenAI identifies 948 Linux privilege escalation flaws using AI // BJP’s Aggressive Response Exposes Anxiety Over Opposition Unity // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // APT29-linked campaign exploits outdated Apple and Android software // Govt opposes Arlekar’s PSC action // ADIA and partners establish $1.4 billion aviation venture // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Utilities pursue ₹1,992 cr in unpaid bills // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Vance attributes Republican midterm defeats to Iran conflict //