Has the mighty iPhone reached its selling peak? If good sales, as opposed to outrageously great sales, are any indication, that could be. Apple said on Tuesday that it sold 74.8 million iPhones during its fiscal first quarter, which ended December 26. That marks the slowest quarter of growth since the company began selling the smartphones in 2007. In the same period in 2014, Apple sold 74.5 […]
Lei Jun, founder and chief executive officer of Xiaomi, attends a session of the second annual World Internet Conference in Wuzhen town of Jiaxing, Zhejiang province, China, December 16, 2015. Reuters/Aly Song HONG KONG/ BEIJING Xiaomi Inc, China’s second-biggest smartphone vendor, more than doubled Internet services revenue in 2015 to about $564 million, an internal document reviewed by Reuters showed, but still fell well short of an […]
SAN FRANCISCO/MUMBAI As China sales show signs of cooling, Apple Inc(AAPL.O) is touting India’s appetite for iPhones, betting that rising wages and an expanding middle class will pull consumers away from the cheap alternatives that currently dominate the market. In an earnings call in which the company reported meagre iPhone growth and forecast its first revenue drop in 13 years, the Indian market stood out as a […]
ENERGY-HUNGRY BANGLADESH SAW DECADES-LONG WAIT
By Ashis Biswas
KOLKATA: Diplomacy may have won the day for Russia more than financial/technological reasons, in bagging the order to build two nuclear power generating stations in Bangladesh by 2022-23.
This would enable Bangladesh to become the third country in South Asia to generate nuke power, after India and Pakistan. However, Sri Lanka could join the list soon according to present indications.
A proposal to build nuclear power plants in East Pakistan had been put forward as early as 1961 and approved in 1963, according to open source information. Therefore, neither Awami League (AL) leader Sheikh Hasina, nor Bangladesh Nationalist Party (BNP) leader Khaleda Zia, can be rightfully accused of harbouring illusions of grandeur in going nuclear. Bangladesh has pledged to observe non-proliferati
The world’s biggest oil producer is spending as much now as it did before the crash in crude prices, signaling no surrender in Saudi Arabia’s battle with rivals. Saudi Arabian Oil Co. is maintaining investment in oil and natural gas projects and has formulated a new strategy in response to cheaper crude as it studies options to sell shares in its parent company and downstream refining and chemical […]
UAE. To coincide with the annual Arab Health Exhibition & Congress this week, six major investment opportunities in the GCC’s health care market in 2016 have been predicted by EY as being areas of high demand and growth in the region. According to the EY ‘Investment Big Bets – Healthcare and Life Sciences in the GCC’ report launched today, specialized centers of excellence (CoEs), home health care […]
People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken in Warsaw September 27, 2013. Reuters/Kacper Pempel/Files An exodus of top Twitter Inc executives has raised concerns about the company’s plans to win more users. Media head Katie Jacobs Stanton, product head Kevin Weil, the head of the engineering division, Alex Roetter and HR head Brian “Skip” Schipper […]
FATAL ANTI-DALIT BIAS OF MODI’S MINISTERS
By Amulya Ganguli
In a voice choked with (feigned?) emotion, Narendra Modi told the Ambedkar University convocation last Friday that Rohith Vemula was forced to take his own life. But he did not specify who forced the Dalit student although the prime minister knew that the “culprits” were in his cabinet. Moreover, they are likely to continue in their posts despite their guilt – unless they are booked for the abetment of suicide.
The two “guilty” ministers, however, must be wondering what they did wrong. After all, when labour minister Bandaru Dattatreya shot off a letter to the “high school girl” – SmritiIrani has studied only up to Class XII – in the human resource development ministry, complaining about how Hyderabad University has become a “den of casteism, extremism and anti-national politics”
The North American International Auto Show concluded in Detroit, Michigan today. As of Thursday, over 515,000 people had attended, including President Barack Obama. Thursday’s tally represented an increase of 7,000 when compared to the same period a year ago. During opening weekend, over 208,000 people came through the Cobo Center in downtown, Detroit. Over 700 vehicles were on display at NAIAS while 57 debuted during Press Preview. […]
With Star Wars: The Force Awakens being the biggest in the series, it’s gotten me thinking about the influence of this incredible franchise on our lives. It defined a movie genre, of course, and no doubt inspired many a young kid to want to become a pilot or astronaut (me included, even if NASA still won’t return my calls). And just think how many cultural references we have […]
Reuters/Daniel Munoz/Files BEIJING China will maintain plans to gradually phase out subsidies for green energy vehicles until they are fully eliminated in 2021 and allow the market to determine the direction of green car development, Finance Minister Lou Jiwei said on Saturday. But auto executives speaking alongside Lou at an industry conference in Beijing laid out differing visions as to which technology the market will […]
Compared to rival tech companies like Google and Facebook, Apple doesn’t say much publicly about its virtual-reality ambitions. Occasionally, though, the company’s aspirations are revealed through a business acquisition or a new hire. This time, speculation is being fueled by Apple’s recently revealed hiring of Doug A. Bowman, a leading VR researcher who has until now been director of Virginia Tech’s Center for Human Computer Interaction. Bowman’s […]
Ford Motor Company has announced it will include Auto Start-Stop on all Ford F-150 EcoBoost trucks, starting in 2017. Auto Start-Stop is exactly what it sounds like: the engine shuts off when stopped and when the brake is released, the engine quickly restarts. The transition is seamless. Although it depends on how a person drives, overall the feature contributes to better fuel mileage while reducing emissions. It should be noted, Auto Start-Stop does […]
|By Matein Khalid| I had called for Brent crude to fall to $30 in successive columns since the November 2014 OPEC conclave in Vienna, when Saudi Arabia abandoned its traditional role as the “swing producer” the central bank of black gold. The world oil markets now face a supply shock, a demand shock, epic volatility and the loss of the “swing producer”. The world is running out […]
After a decade of unprecedented economic sanctions, Iran is about to be back in business. The Islamic Republic curbed its ability to make a nuclear bomb as required under a deal with world powers, clearing the way for it to resume global commerce, the International Atomic Energy Agency said Saturday. The European Union, United Nations and U.S. agreed in July to lift sanctions simultaneously once compliance was verified. […]
|By Matein Khalid| This was the ghastliest week for global risk assets since September 2011. Not even 290,000 new US jobs in December could negate the raw fear on Wall Street generated by the 10% fall in Shanghai, a yuan depreciation, market meltdowns of 6 – 7% in Tokyo, Hong Kong, Frankfurt, Mumbai and New York. Four months ago, I had published a KT article titled “History’s […]
|By Arabian Post Staff| Gold seems to be re-discovering its safe haven status in the wake of a turmoil that billionaire investor George Soros describes as the beginning of a global market crisis. Bullion rallied above $1,100 an ounce, rising for a fourth day to a two-month high, after Chinese shares plunged, the yuan slid and the country’s stock exchanges closed early for the second time this […]
Lower power. Longer range. That’s the story behind Wi-Fi HaLow, a new technology the Wi-Fi Alliance has just introduced to help tap into the momentum around low power Wi-Fi solutions that cater specifically to the Internet of Things (IoT). The Wi-Fi HaLow designation, which aims at products leveraging IEEE 802.11ah technology, works at and below the one gigahertz frequency band without sacrificing range. In fact, HaLow promises […]
Ride-sharing app company Lyft today announced that it has raised $1 billion in new funding, including a $500 million investment from General Motors. The additional funds bring to $2 billion the total amount of capital the firm has attracted since it was founded in 2012. Under the new arrangement, Lyft and GM [Image credit: General Motors] will work together to build a network of on-demand, self-driving cars […]
Facebook CEO Mark Zuckerberg asks a question during the II CEO Summit of the Americas on the sidelines of the VII Summit of the Americas in Panama City April 10, 2015. Reuters/Carlos Garcia Rawlins/Files NEW YORK Mark Zuckerberg wants to build an artificially intelligent assistant in 2016 to help run his home and assist him at work, the Facebook Inc founder and chief executive said on Sunday. […]
A Samsung logo is seen at Samsung Electronics’ headquarters in Seoul, South Korea, December 18, 2015. Picture taken on December 18, 2015. Reuters/Kim Hong-Ji SEOUL South Korean tech giant Samsung Electronics Co Ltd said it expects a difficult business environment in 2016 due to weak global economic conditions and heightened competition in key businesses including memory chips and smartphones. In a statement on Monday, Samsung said Chief […]
Russia’s Telecoms Minister Nikolai Nikiforov attends an interview with Reuters at his office in Moscow December 9, 2013. Reuters/Sergei Karpukhin/Files MOSCOW A social network account of Russia’s communications minister was temporarily blocked on Sunday in a cyberattack carried out by hackers presenting themselves as a Turkish activist group and parading images of a warplane and Turkish flags. Russia’s ties with Turkey suffered a severe blow when a […]
The seemingly troubled life of an open source technology leader came to a sudden, premature end in San Francisco this week. Software engineer Ian Murdock, the founder of Debian Linux and later a senior staffer at Docker, died Monday at age 42 — under circumstances that aren’t yet clear. Born in West Germany, Murdock (pictured) moved to the United States and attended Purdue University. In January 2006, […]
It’s almost 2016, which must mean another iPhone is on the way. Not only will we be getting a new iPhone, but one with significant changes over previous models, if we are to believe the rumors. The release date may still be nine months away, but that shouldn’t stop us from parsing through the rumor mill. Reports are leaking out from Cupertino that Apple is considering a […]
