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Big Blue just spent $1 billion to give Watson the ability to see. IBM’s supercomputer is getting an upgrade with technology acquired from Merge Healthcare, which will add data and images to Watson’s advanced image analytics and cognitive abilities. Merge Healthcare has made a name for itself providing medical image handling and processing, interoperability and clinical systems that work to advance healthcare quality and efficiency. The company’s […]

Government overreach is the primary culprit that keeps the Internet from being the free and open source of information and ideas that it could be, according to a leading computer crime defense attorney. Jennifer Granick, director of civil liberties at the Stanford Center for Internet and Society, addressed the subject of Internet freedom yesterday in her keynote address at the annual Black Hat computer security conference in […]

An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. Reuters/Mike Segar NEW YORK Has the “curse of the Dow” finally caught up with Apple? Shares of the iPhone maker have been in a rut since posting disappointing quarterly results in late June, falling to a six-month low of $113.25 on Tuesday. […]

Terry Gou, founder and chairman of Taiwan’s Foxconn Technology, gestures during a news conference in New Delhi, India, August 4, 2015. Reuters/Anindito Mukherjee NEW DELHI/MUMBAI Foxconn, the trade name for Hon Hai Precision Industry Co Ltd, will invest in India as it builds a supply chain in the country, in a move that may help the country’s efforts to build a technology manufacturing base. Taiwan-based Foxconn is […]

Viva, Kuwait’s fastest-growing telecom operator, has reported a net profit of KD21.6 million ($71.3 million) for the first half of the year, jumping 14 per cent compared to the same period last year. Total revenues reached KD134 million ($442.5 million), growing 18 per cent when compared to KD113 million ($373.1) in H1 2014. Operational profit increased by 24 per cent, from KD20 million ($66 million) in H1 […]

The Iranian energy projects market represents a $167 billion opportunity for regional and international companies as the Islamic Republic prepares for the lifting of sanctions, a report said.  According to the latest data from Meed Projects, the Mena leading projects tracking service, there are 197 individual energy (oil, gas, petrochemical, industry and utilities) projects either planned or under way in Iran, a number that could well double […]

TEHRAN — Despite the smiling clown, a symbol of the Great Satan’s love for meat, buns and fries, there were no angry mobs punching fists in the air, shouting “Death to America”; nor did the smell of burnt American flags permeate this Tehran neighborhood. It smelled of juicy burgers, flipped by a cheerful Iranian teenager named Jahan. His kitchen was crowned with a flashing logo that looked […]

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A BMW i3 electric car is seen during the opening of the 85th International Motor Show in Geneva March 5, 2015. Reuters/Arnd Wiegmann/Files VIENNA The chief executive of BMW (BMWG.DE) hinted in a German paper that there was potential for another of its “i” electric car models. “Between the i3 and the i8, there is space if you look at it from the number point of view,” […]

INTERNATIONAL.  New research from PwC projects that traditional assets under management (AuM) in 12 markets across Africa will rise to around $1,098 billion by 2020, from a 2008 total of $293 billion. This represents a compound annual growth rate (CAGR) of nearly 9.6%. Traditional asset management, in particular the mutual fund industry, is expanding aggressively across Africa. This will largely be driven by a number of factors: […]

The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014. Reuters/Sergio Perez Uber Technologies Inc has closed a new round of funding that values the online taxi-hailing company at nearly $51 billion, the Wall Street Journal reported, citing people familiar with the matter. Uber raised […]

FRANKFURT/SAN FRANCISCO BMW (BMWG.DE) and Apple (AAPL.O) may rekindle a courtship put on hold after an exploratory visit by executives of the world’s top maker of electronic gadgets to the headquarters of the word’s biggest seller of premium cars. Apple Chief Executive Tim Cook went to BMW’s headquarters last year and senior Apple executives toured the carmaker’s Leipzig factory to learn how it manufactures the i3 electric […]

Tech company Nvidia has just issued a voluntary recall of about 88,000 of its Shield eight-inch tablets. If you bought your Shield between July 2014 and July 2015, it seems you might need to worry about the tablet catching fire. The good news is Nvidia will replace the one in your hands absolutely free. “Nvidia has determined that the battery in these tablets can overheat, posing a […]

In an open letter to Microsoft CEO Satya Nadella, Mozilla CEO Chris Beard (pictured) said it’s “disturbing” that the new Windows 10 operating system makes it difficult for users to choose anything but Microsoft’s Edge as their default browser. Beard is asking Microsoft to reconsider its approach and make user settings with Windows 10 more obvious and intuitive to manage. Beard, whose organization develops the Firefox Web […]

An employee works inside the office of U.S. online cab-hailing company Uber, on the outskirts of New Delhi, India, April 24, 2015. Reuters/Anindito Mukherjee REUTERS – Uber Technologies Inc will invest $1 billion in India in the next nine months, as the online taxi-hailing company looks to expand its services in its biggest market outside the United States. Uber said it would use the additional investment to […]

UAE.  The MENA Private Equity Association, a non-profit organisation supporting the development of the private equity and venture capital industry in the Middle East and North Africa, launched today its ninth “MENA Private Equity & Venture Capital” Annual Report. According to the Report, which was compiled in collaboration with Deloitte and Zawya – Thomson Reuters, 2014 was a significant year for the industry and has demonstrated the […]

ABU DHABI // Bertrand Piccard, co-founder of the Solar Impulse project and one of the pilots of Solar Impulse 2, the world’s first totally solar-powered aircraft, is looking to his staunchest supporters for funds to continue his journey around the world. Mr Piccard returned to Switzerland looking for €20 million (Dh80m) to repair the damage caused to Solar Impulse 2 as it flew to Hawaii. As the […]

DUBAI // A model to help promising young leaders achieve their potential has been launched by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Called “The Leader of the 21st Century Model”, it has been launched for the UAE Government Leaders Programme and is created by the UAE Government. Inspired by the leadership of Sheikh Mohammed, it aims to strengthen the competencies and leadership skills […]

Sophos launches cloud-based secure web gateway DUBAI, 1 days ago Sophos, a leading security solutions provider, has launched the Sophos Cloud Web Gateway, a cloud-based secure web gateway that delivers advanced protection for users, devices and data across multiple operating systems, regardless of their location. The addition of secure web gateway to Sophos Cloud integrates technology from Mojave Networks, which Sophos acquired in October last year, said […]

Tech giant Google today announced an update to its Google Translate app that expands its instant visual translation capabilities by 20 more languages, for a total of 27. The camera mode of the app now supports 37 languages. The Google Translate app was already known as a handy little device that allows users to instantly translate already printed text in seven languages by clicking on an in-app […]

Russian Hackers Use Twitter To Hack U.S. Targets If your company has been experiencing an unusual amount of traffic from Twitter lately, you may be in for a shock. A hacker group suspected of being supported by the Russian government has been using the micro-blogging platform to hack into U.S. computer networks, according to a new report by computer security firm FireEye. The hacking group is what […]

|By Matein Khalid|So Pearson PLC has sold the FT Group (with its flagship Financial Times newspaper) to Japan’s Nikkei Inc for $1.32 billion. Pearson will use the cash proceeds to increase its investment in education publishing businesses in the US and Canada, now 75% of revenues. This deal is a milestone in the history of newspaper publishing and my own life as an investor/financial journalist. I discovered […]

New Balance made a lightweight chill-shoe as comfy as your favorite sweatshirt by using actual sweatshirt. The Fresh Foam Zante Sweatshirt features a new-sew upper blending street-inspired materials with NB’s proven running tech. This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers. -Werd

Mena lagging in adopting cyber security policies BEIRUT, 1 days ago Despite the current global focus on cyber security issues including hacking, data losses, breaches and other information leaks, organizations in the Mena region still do not have formal cyber security initiatives in place, a report said. In keeping with international trends, managing Compliance Risk remains a high priority for organizations across Mena region, explained the Middle […]

Mark Zuckerberg, founder and CEO of Facebook, addresses a gathering during the Internet.org Summit in New Delhi October 9, 2014. Reuters/Adnan Abidi/Files MUMBAI Facebook Inc plans to scale up its service to offer free basic Internet on mobile phones, an executive said, after introducing the application in 17 developing countries over the past year. In a blog post released to mark the first year of the initiative, […]

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