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Unlike Apple, which exerts start-to-finish control over the chips and software that go into its iPhones, Google must deal with a far more diverse hardware/software environment for Android smartphones. But the tech giant might be looking to increase its influence over the systems-on-chip (SoCs) that go into Android devices. An article published yesterday in The Information noted that Google has recently talked with different chip-makers to give […]

Two months after announcing a $50 million investment in artificial intelligence (AI) research, Toyota is more than doubling down on its bet. At a press conference in Toyko today, the car maker unveiled plans to spend $1 billion over the next five years to establish a new company — the Toyota Research Institute (TRI) — focused on AI and robotics. The institute will be located in Silicon […]

AUCKLAND, New Zealand The next revolution in space, making humdrum what was long the special preserve of tax-funded giants like NASA, will be launching next year from a paddock in New Zealand’s remote South Island. The rocket launch range is not just New Zealand’s first of any kind, but also the world’s first private launch range, and the rocket, designed by Rocket Lab, one of a growing […]

A Dell logo is pictured on the side of a computer in this photo illustration in the Manhattan borough of New York October 12, 2015. Reuters/Carlo Allegri NEW YORK Dell Inc is preparing to sell around $10 billion in non-core assets, including software and services, to reduce the heavy debt load it will be taking on to buy EMC Corp (EMC.N), according to people familiar with the […]

The price range for mobile payments company Square Inc’s initial public offering will be set this week and its shares will start trading in the week before Thanksgiving, CNBC said in a tweet on Monday, citing sources. The company, headed by Twitter Inc (TWTR.N) Chief Executive Jack Dorsey, filed for an IPO on Oct. 14. Square’s roadshow, which will likely take Dorsey across the globe to drum […]

Drone maker DJI and Canonical want to help developers’ applications take flight. Literally. The companies announced today that they are releasing a computer embedded on a drone platform. The goal is to allow developers to transform drones into more intelligent, autonomous machines capable of performing complex computing tasks on their own, according to DJI. The DJI Manifold, as the new system is called, runs on Canonical’s Ubuntu […]

Boston-based enterprise storage provider ClearSky Data said it has raised $27 million in a Series B investment round led by Polaris Partners, along with Akamai Technologies. The money will be used by ClearSky to refine its managed service delivery model for enterprise storage, which the company said combines the performance and availability of primary storage with the economics and scalability of the cloud. ClearSky made a splash […]

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People use their cell phones in Mexico City, October 8, 2015. Reuters/Edgard Garrido/Files LONDON Thumbing through guide books for restaurant and shopping tips while on holiday could soon be a thing of the past, thanks to mobile travel technology that knows where you are and what you like and can ping you personalised recommendations. People are increasingly turning to their mobile phones to book flights, hotels and […]

Thanks to Back To The Future Day, I was able to use on of Scott Park’s BTTF-themed works in one of our Carspotters’ Challenges. Inspired by the rest of his portfolio, I decided to showcase more of his automotive-pop culture-themed artwork. Click here for bigger version. Click here for bigger version. The featured works are Star Cars and Star Cars Vol. 2, respectively, a series which showcases […]

|By TAP Staff| Starting salaries for professional occupations are expected to see modest rises over the next 12 months, according to the Robert Half 2016 Salary Guide. Across professional occupations including finance and accounting, financial services, information technology, legal, and human resources and administration, salaries are expected to see an average rise of 1.7%. The roles that are the most difficult to fill are predicted to see […]

Singapore Air’s decision to restart direct flights to New York is an ominous sign for the future of aviation hubs like Dubai. Singapore, Hong Kong, Los Angeles and Dubai became hubs from the 1970s to the 2000s for a simple reason: Commercial aircraft of the era struggled to travel more than about 10,000 kilometers without stopping to refuel. That put swathes of the Americas off-limits to direct […]

|By TAP Staff| Etihad Airways and IBM announced a ten-year technology services agreement worth approximately US$700 million. The transformational agreement, one of the most important strategic collaborations by Etihad Airways, will provide access to the latest cloud-based technologies and services for the airline, its group companies and equity partners. Etihad Airways, one of the fastest-growing airlines in the world, carried 14.8 million passengers in 2014, and serves […]

|By Matein Khalid| 2015 has been a horror story for emerging markets and Asian shares have not escaped the fallout from the 40% plunge in Shanghai/Shenzhen since June. Yet financial markets discount the future while UAE investors invariably extrapolate the recent past. So even while I resurrect the ghosts of 1998 when Suharto’s regime fell amid anti-Chinese riots in Jakarta, South Korea was forced to accept a […]

A Microsoft logo is seen at a pop-up site for the new Windows 10 operating system at Roosevelt Field in Garden City, New York July 29, 2015. Reuters/Shannon Stapleton/Files Microsoft Corp unveiled on Tuesday its first laptop, a line of Lumia smartphones, a new Surface Pro tablet and an updated version of its wearable fitness tracker, Microsoft Band, all running on Windows 10, its latest operating system. […]

SAUDI ARABIA.   Saudi Arabia is leveraging low oil prices to accelerate development of its downstream petrochemical derivatives sector, and will add over 30 million tonnes of production capacity by 2020, raising production to 126 million tonnes from 2014 levels of 94.6 million tonnes, the latest edition of The Oil & Gas Year (TOGY) revealed. Capital expenditure in the petrochemical sector as well is set to further […]

|By TAP Staff| Dubai Holding Commercial Operations Group (DHCOG) announced a net profit of AED 2.6 billion for the first half of this year ending 30th June 2015, an increase of 24 percent. Full year profits are expected to exceed AED 5.5 billion, the company said. Ahmad Bin Byat, Vice Chairman and Managing Director of Dubai Holding, said Dubai Holding will continue to reinforce its successful strategy […]

Letters spell the word ”Alphabet” as they are seen on a computer screen with a Google search page in this photo illustration taken in Paris, France, August 11, 2015. Reuters/Pascal Rossignol Google Inc has morphed into Alphabet Inc. After U.S. markets closed on Friday, Alphabet replaced Google as the publicly traded company that will house Google’s search and Web advertising businesses, maps, YouTube and its “moonshot” ventures […]

DUBAI // A Skydive Dubai plane ran off a runway on Friday while trying to land, though no one was injured, authorities said. Dubai Media Office said the twin propeller plane had just the pilot on board when it tried to land at the company’s landing strip, off Dubai Marina. It said the de Havilland Canada DHC-6 Twin Otter “deviated off course, resulting in a minor accident”. […]

Boxes move on a conveyor belt at a Wal-Mart Stores Inc company distribution center in Bentonville, Arkansas June 6, 2013. Reuters/Rick Wilking/Files ATLANTA Wal-Mart Stores’ expanding network of large distribution centers will allow it to deliver packages throughout the United States in two days, setting it up to compete more efficiently in online holiday sales, a senior executive said on Thursday. Competition with online rivals including Amazon.com, […]

UAE. Lifting of Iran sanctions in the future will significantly boost its economy and positively affect the neighbouring GCC economies, especially the UAE. According to speakers at a panel discussion organised by ICAEW’s Corporate Finance Faculty in the UAE, this is due to its solid trading infrastructure. ICAEW members and guests gathered at Jumeirah Emirates Towers in Dubai recently to discuss the impact of lifting Iran’s sanctions. […]

UAE. A recent report surveying 150 financial advisors in the UAE – part of a larger Natixis global study of 2,400 advisers in 14 countries across the globe – has revealed that investors making emotional investment decisions in turbulent markets is the top mistake advisors see among individual investors. Advisers are concerned that individual investors tend to be too focused on short-term market events, leading them to […]

An attendee at the Microsoft Ignite technology conference walks past the Hewlett-Packard (HP) logo in Chicago, Illinois, May 4, 2015. Reuters/Jim Young/Files REUTERS – Hewlett-Packard Co said its board had approved the previously announced split of the company into two separate listed entities – computers and printers, and corporate hardware and services. Hewlett-Packard said on Thursday that it expected its split into Hewlett Packard Enterprise Co and […]

Jack Dorsey, interim CEO of Twitter and CEO of Square, goes for a walk on the first day of the annual Allen and Co. media conference in Sun Valley, Idaho July 8, 2015. Reuters/Mike Blake SAN FRANCISCO Twitter Inc (TWTR.N) co-founder and interim Chief Executive Jack Dorsey is expected to be named permanent CEO as early as Thursday, while keeping his job as the head of online […]

UAE.  In many industrial companies, services play virtually no role. Yet the service business is reporting growth rates up to 40 percent faster than sales of new products. What’s more, the gross profit margin of services is on average a good ten percentage points higher. These are the conclusions from international management consultants Bain & Company in their latest study, “Winning in Industrial Services,” in which 45 […]

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