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The word ‘password’ is pictured on a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski/Files WASHINGTON At 3:59 p.m. EDT on Sunday, the National Security Agency and telecommunications companies will begin mothballing a once-secret system that collected Americans’ bulk telephone records, shutting down computers and sealing off warehouses of digital data. If the U.S. Congress fails to act, key provisions of […]

INTERNATIONAL.  Happy passengers are the ultimate goal of airlines and airports and new research from global IT provider SITA proves that technology can help. In a ground-breaking survey, SITA investigated the connection between a passenger’s use of technology and their emotions to discover how passengers around the world feel at every point of the journey. The results reveal that airline passengers are happiest and most excited when […]

UAE. Etihad Airways, the national airline of the United Arab Emirates, achieved its strongest financial results to date in 2014, posting a net profit of US$ 73 million on total revenues of US$ 7.6 billion, up 52.1 per cent and 26.7 per cent respectively over the previous year. 2014 PEFORMANCE SUMMARY OF ETIHAD AIRWAYS *The above results represent the standalone airline business within the newly formed Etihad […]

Intel Corp (INTC.O) has resumed talks to buy programmable-chip maker Altera Corp (ALTR.O) and is close to a $16 billion deal, people familiar with the matter said on Friday, paving way for the third mega semiconductor-chip deal this year. The price for Altera could be as much as $54 per share, according to one of the people. This would be a 15 percent premium over the stock’s […]

Given the lukewarm response received so far to wearable technology, it makes sense that Google would want to expand the definition of the term. So the company has introduced Project Soli, an attempt by its Advanced Technology and Projects (ATAP) division to harness the power of hand and finger manipulation to make it easier to interact with ever-smaller devices and screens. The idea behind the technology, introduced […]

Remedy Service Management 9.0, the new IT service management (ITSM) platform from BMC, is designed to provide both IT managers and end users with a more intuitive, consumer-type experience. BMC announced the release of the new platform, which it claims can boost IT productivity by up to 75 percent, earlier this month. BMC said the Remedy 9 platform provides a Smart Reporting feature for IT professionals that […]

Tech giant Apple has acquired Metaio, a company that creates tools for authoring, rendering and managing augmented-reality applications, for an undisclosed sum, according to legal documents filed in Germany. A notarized registration form filed in a Munich court indicates that 29,121 Euros (around $32,000) in shares held by Metaio were transferred to Apple last week. Based in Munich, Metaio was founded in 2003. The company grew out […]

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Avago Technologies Ltd (AVGO.O) agreed on Thursday to buy Broadcom Corp (BRCM.O) for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players. Avago, which serves the wireless and industrial markets, is offering Broadcom shareholders $17 billion in cash and Avago shares valued at $20 billion. Broadcom is best known for […]

A picture illustration shows Apple Inc’s logo reflected in a person’s eye, in central Bosnian town of Zenica, March 13, 2015. Reuters/Dado Ruvic/Files NEW YORK A federal appeals court on Thursday rejected Apple Inc’s bid to disqualify an antitrust compliance monitor appointed after the technology company was found liable for conspiring with five publishers to raise e-book prices. While saying some allegations against the monitor Michael Bromwich […]

A worker adjusts the logo at the stand of Huawei at the CeBIT trade fair in Hanover March 15, 2015. Reuters/Morris Mac Matzen/Files BANGKOK China’s Huawei Technologies, the world’s No. 2 telecom equipment maker, expects total shipments of smartphones in southeast Asia to rise 160 percent to 8 million units in 2015, boosted by strong demand in Myanmar, it said on Thursday. In the first quarter, Huawei […]

HR technology trends in focus at Dubai summit DUBAI, 22 days ago The latest trends in implementing technology for human resources (HR) function in the Middle East and North Africa (Mena) region will be shared exclusively at a conference in Dubai, UAE next week. The HR Tech Mena, under the theme ‘Smart HR Evolution,’ will take place on May 13 and 14 at the Taj Towers Dubai, […]

Travel tech firm moves to Microsoft Azure cloud technology DUBAI, 22 days ago Microsoft has signed a strategic deal with Illusions, a Dubai-based travel tech firm, to support the transfer of the company’s entire business operating platform onto Microsoft’s cloud technology, Azure, an initiative aimed at enhancing productivity and client satisfaction. The move to Azure will incorporate the existing system on which Illusions operates to provide services […]

Derek Donahue ….. Satcom EEMEA region’s regional director Satcom Direct appoints new regional director DUBAI, 22 days ago Satcom Direct, the leading provider of satellite voice and broadband data solutions for flight deck and cabin communications, has appointed Derek Donahue as its regional director for the Eastern Europe, Middle East and Africa (EEMEA) region. Currently based in the Dubai office, Donahue’s new role has him managing the […]

UAE. The private equity market in the Middle East has matured in the last five years in terms of deal structures, volumes and values, according to speakers at a debate organised by ICAEW’s Corporate Finance Faculty in the UAE. ICAEW members and guests gathered at Jumeirah Emirates Towers in Dubai last week (Wednesday, 20th May) to discuss private equity in the region. The event, sponsored by Merrill […]

ABU DHABI // Lunar pioneer Buzz Aldrin, the second man to walk on the Moon, shared his space journey and excitement for the UAE Mars mission during a lecture at Al Bateen palace on Wednesday. The former Nasa astronaut addressed an audience of dignitaries and industry leaders who included Sheikh Nahyan bin Mubarak, Minister for Culture, Youth and Community Development, Sheikh Hamed bin Zayed, Chairman of the […]

ABU DHABI // The Mohammed bin Rashid Space Centre will send students to American universities this summer as part of the UAE’s Mars Mission Hope. They will undergo an intensive programme in space sciences at the University of California, Berkeley, and the University of Colorado Boulder that will help them along a career path as Emirati scientists and engineers. “We don’t have a proper career path for […]

One of the biggest challenges marketers face these days is keeping track of customer behavior across multiple channels and devices. Oracle is hoping to help with that by adding new mobile capabilities to its Oracle Marketing Cloud. Those new capabilities, rolled out earlier this month, include an enhanced mobile Data Management Platform (DMP) that helps to link multiple identities across platforms and devices to a single customer. […]

We all know the Internet has revolutionized civilization, but have you ever stopped to think just how much it has changed your life over the past 15 years — and what the future may hold? The International Telecommunications Union (ITU) reports unprecedented growth in information and communications technologies (ICTs) since 2000. Here are some mind boggling statistic from the latest ITU report: there are over 7 billion […]

As virtual-reality enthusiasts await the first consumer edition of Oculus Rift next year, Facebook, which owns the game and the firm that makes it, is beefing up its talent roster. Oculus Wednesday said it acquired a trio of 3D reconstruction experts from computer vision firm Surreal Vision. The three founders of the UK-based immersive technology company will be moving over to Oculus: Richard Newcombe, the inventor of […]

A logo is pictured at Google’s European Engineering Center in Zurich April16, 2015. Reuters/Arnd Wiegmann WASHINGTON The Obama administration on Tuesday sided against Google Inc (GOOGL.O) and said the U.S. Supreme Court should not hear the company’s appeal in a case against Oracle Corp (ORCL.N) with wide implications for the technology industry, according to a court filing. The case involves how much copyright protection should extend to […]

The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. Reuters/Jim Young/Files WASHINGTON The U.S. Supreme Court on Tuesday ruled against Cisco Systems Inc(CSCO.O) over a patent infringement claim the tech giant is fighting. On a 6-2 vote, with Justice Stephen Breyer recused from the case, the court threw out a ruling by the […]

A motorcyclist rides past the entrance of the headquarters of Hon Hai, which is also known by its trading name Foxconn, in Tucheng, New Taipei city, December 24, 2013. Reuters/Pichi Chuang/Files GUIYANG, China Taiwan’s Foxconn Technology, the world’s largest contract electronics manufacturer, is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020, Chairman Terry Gou said on Tuesday. The company could spend […]

|By K Raveendran| Samena Capital, which recently completed the purchase of UAE’s global ceramics leader RAK Ceramics, has acquired a significant stake in London-based private banking and corporate advisory Kleinwort Benson Bank. (KBBL) The transaction opens up the possibility of the bank establishing a new global merchant banking operation in Dubai to offer advisory services for corporate in the region. The transaction is expected to close by […]

JORDAN.  Technology will be a “game changer” in tackling youth unemployment in the Middle East and North Africa’s emerging Digital Economy, but only if the government, private, and people sectors collaborate effectively, according to a new report released on the eve of the World Economic Forum on the Middle East and North Africa (MENA) 2015. The report “Re-Dynamizing the Job Machine: Technology-Driven Transformation of Labor Markets in […]

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