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This is the first of a series on the global rise of exchange traded funds The supposed death of the stock picker has become one of the dominant narratives of post-crisis finance. As trillions of dollars have rushed into low maintenance, index-based products facilitated by exchange traded funds, it has become common place to hear traditional fund managers and analysts complain that this wall of cash is […]

The company responsible for rolling out the National Broadband Network across Australia was directly warned that a draft opinion piece by its chairman, Ziggy Switkowski, could potentially be seen as favouring one side during an election campaign. (Screenshot: Chris Duckett/ZDNet) In a letter submitted in response to Senate Questions on Notice late Friday afternoon, Deputy Secretary of the Department of Communications and the Arts Ian Robinson told […]

Futuristic racing franchise Wipeout, which has been a part of the PlayStation library since the first game was launched in 1995 has been notably absent on the PlayStation 4, with the last installment in the series being Wipeout 2048 for the PlayStation Vita handheld console. When Shuhei Yoshida, the President of Sony Worldwide Studios, was asked in September last year on whether Wipeout will be making a […]

  Don’t worry about the robots, worry about the humans. Image: iStock There’s a huge difference between the modest aims of the artificial intelligence (AI) and machine learning being used today, and the grand ideas of creating an artificial general intelligence that could match — and then rapidly exceed – the capabilities of a human mind As they develop, AI and machine learning will be able to […]

New energy vehicles (NEVs) at Beijing Institute of Technology’s campus. Credit: Yu Hao Many Chinese cities are suffering from deteriorating environmental quality—particularly due to air pollution that contributes to fog and haze. Air pollutant levels now far exceed “safe” limits established by the European Union, and one of the main culprits behind it is the rapid increase in automobile ownership and usage. These rising environmental concerns are […]

Expert Panel At Telematics Middle East 2016 to Discuss Impact of the OEMs’ Changing Role in the Mobility Market and How Connected Cars will change the industry? Expert Panel At Telematics Middle East 2016 to Discuss Impact of the OEMs’ Changing Role in the Mobility Market and How Connected Cars will change the industry? Dubai, UAE – December 4, 2016  Bright Box, a global vendor of connected […]

Apple CarPlay, Image: Ford Apple in a November letter to US regulators publicly acknowledged work on autonomous vehicles for the first time, after years of reports surrounding Project Titan. Steve Kenner, Apple’s director of product integrity, sent a five page letter to the National Highway Traffic Safety Administration, urging regulators not to impose too many restrictions on self-driving as the iPhone maker begins testing the technology. “The […]

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One of CES’ major trends over the last few years has been the connected car — the concept of adding Internet connectivity and networking to our vehicles. Stealing the spotlight this year was Nvidia, which launched the Drive PX 2 — an in-car artificial intelligence system. PX 2 is designed for automakers exploring autonomous driving and includes 360-degree situational awareness, deep learning and the processing power of […]

On April 7, 14 large blue letters quietly disappeared from the outer walls of an office building in an exclusive neighborhood in northern San Salvador. One by one, the letters came down from the blue and beige stucco walls, leaving behind faint traces of the name of the law firm that had been working there just days before: M-O-S-S-A-C-K-F-O-N-S-E-C-A. Employees of the El Salvador branch of Mossack […]

Apple has written a letter to the U.S. National Highway Traffic Safety Administration telling that new companies entering the auto industry should be given the same rights as established companies. This letter hints that Apple has the rumored iCar in the works. Apple’s Letter To NHTSA Apple’s letter to the NHTSA indicates that the company still has plans of testing autonomous cars. “Apple uses machine learning to […]

Apple logo. Apple has revealed it is investing heavily in autonomous vehicles in a letter asking the government to make it easier to develop self-driving cars. The company is “excited about the potential of automated systems in many areas, including transportation,” Apple said in a November 22 letter to the National Highway Traffic Safety Administration offering Apple’s opinion about draft regulations for the sector. “Apple looks […]

It’s becoming an increasingly difficult chore trying to scour the App Store for decent apps given its very saturated library. A plethora of excellent apps intermingle with shovelware, and it’s often a tall order to sort the ones worthy of downloading from the ones that aren’t. A tall order, sure, but not impossible. Here’s a chief list of the best iPhone apps for 2016. Evernote Evernote has struggled […]

By Ahmed Rasheed | BAGHDAD BAGHDAD No food or fuel has reached Mosul in nearly a week and the onset of rain and cold weather threatens a tough winter for more than a million people still in Islamic State-held areas of the city, residents said on Saturday. Iraqi troops waging a six-week-old offensive against the militants controlling Mosul have advanced into eastern city districts, while other forces […]

Apple has for the first time publicly acknowledged its plans to develop self-driving cars, with a letter that urges the US highways regulator to promote “fair competition” between newcomers to the automotive industry and traditional manufacturers. In an unusually direct statement accompanying the letter, an Apple spokesman confirmed its work on autonomous systems that could be used to transform “the future of transportation”. Apple’s letter touts the […]

Dubai-based port operator DP World has announced the creation of an investment vehicle in partnership with Caisse de dépôt et placement du Québec (CDPQ), one of North America’s largest pension fund managers. The investment platform totals $3.7 billion, with DP World holding a 55 percent share and CDPQ the remaining 45 percent, the company said in a statement.  The platform will invest in ports and terminals globally […]

By Peter Henderson | OAKLAND, Calif. OAKLAND, Calif. At least nine people were dead and about 25 were unaccounted for after a massive fire broke out during a late-night party in a warehouse in Oakland, California, the city’s fire chief said on Saturday. Fire officials were still trying to determine how the blaze started at about 11:30 p.m. on Friday, said Chief Teresa Deloach-Reed. The roof of […]

|By Arabian Post Staff| DP World has announced the creation of an investment vehicle worth $3.7 billion in partnership with Caisse de dépôt et placement du Québec (CDPQ), one of North America’s largest pension fund managers, for investing in global port developments. DP World will hold 55% share of the partnership. The platform will invest in ports and terminals globally (excluding the UAE) across the life cycle of the […]

Google has launched a new series of Dubai’s iconic sites on Street View, a feature by Google Maps that allows users to view and navigate 360-degree imagery of major locations across the world.  As the United Arab Emirates gears to celebrate its 45th National Day on December 2, Google Maps’ one billion daily users can now explore some of Dubai’s world-renowned landmarks such as the city’s picturesque […]

ABU DHABI // Firework displays lit up the capital’s skies as Emiratis and expatriates came together on Friday to enjoy the National Day celebrations. People poured into the streets to take in the festive atmosphere and show their love for the country, while vehicles were plastered in the colours of the UAE flag and portraits of the leaders. Crowds gathered on the beach and the parks that […]

AJMAN// A time capsule that sums up the UAE’s history with videos, pictures and writings, was the highlight of Ajman’s celebrations for 45th National Day. The capsule, an initiative from the Ajman Tourism Department, was launched on November 25 and will be on display until December 3 before being placed underground for a period of five years. People from across the country were invited to participate with […]

A digital battle is being waged over the huge amount of technical data that will be stored in autonomous vehicles Just like credit cards, smartphones or search engines, autonomous cars will carry a trove of information about their owners as they make driving more comfortable, raising new concerns about privacy. Automakers are engaged in a fierce race to develop the first driverless car, which experts say should […]

SHARJAH // Hundreds of residents decorated their cars and played traditional Emirati songs while roaming the streets of Sharjah to celebrate National Day. Naser Hammad, 39, from Al Dhaid, said that many people, Emiratis and residents alike, wait for this day to come together and celebrate the union. “It’s a day to celebrate the progress of this great nation, which is home to hundreds of nationalities all […]

Photo Friends and family of the former N.F.L. player Joe McKnight gathered at the site of his fatal shooting in Terrytown, La., on Thursday. Credit Michael Democker/NOLA.com The Times-Picayune, via Associated Press The man held in the fatal shooting of the former N.F.L. standout Joe McKnight in Louisiana admitted to investigators that he had pulled the trigger, the authorities said, but he was allowed to walk free […]

Everyone wants to know when fully self-driving cars will be ready for the road. The companies developing the technology usually give a timeline of several years to decades away. Automotive parts manufacturer Delphi and Mobileye are no different, and during a media roundtable this week in San Francisco, Delphi’s VP of services, Glen DeVos, envisioned a long-term timeframe for the widespread use of the technology. […]

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