Reuters/Kim Hong-Ji/Files SEOUL Samsung Electronics said it had struck a deal with a Alibaba Group Holding for owners of its phones to be able to more easily make payments with Alipay accounts – a move it hopes will boost sales in the world’s biggest smartphone market. Users of Samsung Pay will also have the option of paying with their Alipay accounts without having separately access the Alipay […]
A security guard keeps watch as he walks past a logo of Google at an exhibition stage during the 4th China (Shanghai) International Technology Fair 2016 in Shanghai, China, April 21, 2016. Reuters/Aly Song WASHINGTON Google has no plans to expand its partnership with Fiat Chrysler Automobiles NV to create a self-driving car, the program chief at the Alphabet Inc unit said on Thursday, affirming that the […]
A team of scientists working at the U.S. Department of Energy’s (DOE) Argonne National Laboratory and led by Northern Illinois University physicist and Argonne materials scientist Zhili Xiao has created a new material, called “rewritable magnetic charge ice,” that permits an unprecedented degree of control over local magnetic fields and could pave the way for new computing technologies. The scientists’ research report on development of magnetic charge […]
At its I/O Developers Conference this week, Google announced a new product that had been an open secret for several months. The Tensor Processing Unit (TPU) is named after the TensorFlow software it uses for its machine learning programs. In announcing the chip, Google referred to the TPU as an accelerator chip, able to speed up a given task, like data analysis or voice translation. When he […]
The SWIFT logo is pictured in this photo illustration taken April 26, 2016. Reuters/Carlo Allegri/Illustration/File Photo Major U.S. banks are scrutinizing security of the SWIFT messaging network following cyber attacks in Bangladesh and Vietnam involving fraudulent transfer requests, according to media reports on Tuesday. JPMorgan Chase & Co (JPM.N) has limited SWIFT access to some employees amid questions about the breaches at two Asian banks, The Wall […]
Reuters/Jim Urquhart/Files SAN FRANCISCO Republican presidential candidate Donald Trump on Tuesday warned that a dangerous financial bubble has formed in the technology industry – and Silicon Valley responded with a collective eye roll. In a Reuters interview, the New York billionaire said technology start-ups that had never earned a profit were able to sell shares at very high prices, likening the situation to the overheated […]
The Westminster School in Ghusais area, Dubai. The School is hiking fees. Dubai: A Dubai school’s decision to hike its tuition fees by 27 per cent has left parents fuming over what they claim goes against the Knowledge and Human Development Authority’s (KHDA) fee framework, which depends on school ratings. However, KHDA has said that one-time increases exceeding normal yearly increases can be granted when schools apply […]
Adam Zampa and Ashok Dinda shared the spoils by grabbing three wickets each as Rising Pune Supergiants produced a disciplined bowling effort Visakhapatnam: Delhi Daredevils worsened their chances of making it to the Indian Premier League (IPL) play-offs after going down to Rising Pune Supergiants by 19 runs via Duckworth-Lewis method in a rain-marred tie at the VCA Stadium on Tuesday. Chasing a modest 122, Pune were […]
Researchers at IBM say they’ve achieved a “significant milestone” in an emerging type of memory technology called phase-change memory (PCM). Because it doesn’t lose data when power is turned off and can endure millions of read-write cycles, PCM could eventually enable new levels of performance in a wide range of devices. During a demonstration today at the International Memory Workshop in Paris, IBM researchers showed how they […]
The Firefox Web browser has overtaken both of Microsoft’s browsers put together when it comes to market share, according to a new report. That’s the good news for Mozilla, which develops Firefox. The bad news is that Google’s Chrome browser is leaving both Mozilla and Microsoft in the dust. According to the latest figures from Statcounter, 60.5 percent of worldwide users opted for Chrome as their browser […]
Tripoli: Libya’s new unity government said Tuesday it wants warplanes and helicopters to fight terrorists as it hailed international support for lifting a longstanding embargo on weapons sales. International backing to lift the embargo, in place since 2011, is “fundamental to the creation of a strong army… capable of fighting the jihadist Islamic State group and other extremist groups”, Deputy Prime Minister Mussa Al Kony said. On […]
Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) revealed a more than $1 billion stake in Apple Inc (AAPL.O) in a rare foray into the technology sector, which Buffett has largely shunned apart from a poorly performing investment in IBM (IBM.N). Shares of Apple rose 3.7 percent on the news, closing up $3.36 at $93.88. Berkshire made its investment in the first quarter, before the iPhone maker in April […]
Markets move ‘sideways-to-soft’ ahead of Ramadan amid fears international markets will not be robust Dubai: UAE indices fell on Monday, extending losses for another session as traders repositioned themselves ahead of the Ramadan season. The Dubai Financial Market General Index (DFMGI) closed 0.43 per cent lower at 3,290.37, while the Abu Dhabi Securities Exchange General index closed 0.66 per cent lower at 4,345.31. “UAE markets are moving […]
Ministry has been also taking steps to intervene in the market on time so that consumers are not affected by price rise New Delhi: Keen to prevent a repetition of last year’s skyrocketing prices of onions and pulses, the union Food and Consumer Affairs Ministry is taking steps to prepare timely import plans and also set up buffer stocks of these items, official sources said here on […]
Among the apps and other innovations Google expects to highlight during its I/O 2016 developer conference in Mountain View, Calif., this week is Project Tango, its technology for bringing “a new kind of spatial perception” to the Android device platform. Google is planning “a big expansion” of the project it first unveiled in 2014, according to a report by Bloomberg last week. Much like Google Maps enables […]
Dubai: Supporters of Turkish Super Lig club Eskisehirspor on Sunday destroyed their own football stadium, setting the stands on fire and vandalising them in the wake of the club’s last-ever match at the ground. Immediately after the final whistle the pitch was invaded by fans who set about pulling down the goals before turning their attention to the aging stadium. The fracas was a demonstration of disgust […]
They hog resources, take too long to load and are often embedded with malware. That’s why Google is planning to phase out Adobe Flash videos in its Chrome Web browser by the end of this year. Google disclosed its plan to ditch the multimedia player in a proposal that was published on its Chromium-dev Google Groups page last week. Instead, Chrome will transition to HTML5 as its […]
Concerns about identity theft, financial fraud and business or government tracking are creating a “chilling effect” on online commerce and free expression, according to analysis of data from a 2015 survey of Internet use conducted for the Department of Commerce’s National Telecommunications and Information Administration (NTIA). Of the 41,000 households asked about privacy and security in the July 2015 U.S. Census Bureau survey for the NTIA, 19 […]
…at least not without saying something about it. I thought this pet peeve belonged just to me, but apparently there are quite a bunch of folks that hate this. And it’s not often that one sees a disguised “colorful” metaphor in the title of a Car Lust post. But if there’s one method of bad driving that gets my blood boiling… it’s people that think they have […]
Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman/Files DHAKA A Bangladesh government-appointed panel investigating the theft of $81 million from the country’s central bank has found that SWIFT, the international banking payments network, committed a number of mistakes in connecting up a local network, the panel head said on Sunday. “We have shown that SWIFT […]
A security guard keeps watch as he walks past a logo of Google at an exhibition stage during the 4th China (Shanghai) International Technology Fair 2016 in Shanghai, China, April 21, 2016. Reuters/Aly Song LONDON Google faces a record antitrust fine of around 3 billion euros ($3.4 billion) from the European Commission in the coming weeks, British newspaper The Sunday Telegraph said. The European Union […]
Reuters/Denis Balibouse/File photo SAN FRANCISCO Warren Buffett struck media gold with a 2012 investment in debt-laden Media General Inc. Now the famed investor may try to reprise that success by supporting a bid for Yahoo Inc’s Internet assets. The Berkshire Hathaway Inc chairman is backing a consortium that includes Quicken Loans Inc founder Dan Gilbert, that is seeking to buy Yahoo’s online portfolio, Reuters reported […]
Radio-frequency identification (RFID) tags have proved useful for things like tracking inventory, but they haven’t worked in games and other applications that require fast information processing — until now. A team of researchers from Disney and Carnegie Mellon University have developed a way to use RFID tags for near-real-time interactions with a wide variety of objects. The new system, called RapID, uses probabilistic models to enable computers […]
SAN FRANCISCO Apple Inc’s (AAPL.O) $1 billion investment in Chinese ride sharing company Didi Chuxing intensifies a race to acquire technology, talent and market access in a rapidly evolving global personal transportation market. Apple’s investment comes as auto and technology industry executives and investors are placing bets that self-driving car systems, electric vehicles and ride sharing will eventually converge to allow companies to sell rides in self-driving vehicles, […]
