Customers stand beneath an Apple logo at the Apple store in Grand Central station in New York City, July 21, 2015. Reuters/Mike Segar DETROIT/SAN FRANCISCO Consumer electronics company Apple Inc (AAPL.O) has hired a senior engineer from electric car maker Tesla Motors Inc (TSLA.O), according to a LinkedIn posting, as part of Apple’s effort to build a team of experts in automated driving. A LinkedIn profile for […]
Chip company Rambus, known mostly for its memory technology and propensity to sue competitors, said it is taking a greater role in the manufacture of its chips. To mark the occasion, the company introduced its R+ DDR4 server memory chipset, RB26. The company said the chipset, for RDIMMs and LRDIMMs, is aimed at the enterprise and data center server markets. Rambus, based in Sunnyvale, Calif., develops DRAM […]
NEW YORK/SEOUL Samsung Electronics Co Ltd (005930.KS) unveiled a new Galaxy Note phablet and a larger version of its curved-screen S6 edge smartphone on Thursday, marking a fresh bid by the South Korean company to revive momentum in its handset business. Samsung is the world’s top smartphone maker but its market share fell in the second quarter when the company released its critically acclaimed S6 models, squeezed […]
JERUSALEM — The two issues with perhaps the broadest consensus and resonance in Israeli politics are opposition to the Iran nuclear deal and support for the release of Jonathan J. Pollard, the convicted Israeli spy, from a North Carolina prison. Now the two could be tied together, as some in Washington appear to be highlighting Mr. Pollard’s likely parole in November in hopes of quieting the vigorous […]
A surge in shares of Amlak Finance since they returned to Dubai’s stock market last month has raised concerns about a new wave of unbridled speculation on one of the region’s biggest exchanges. The Islamic mortgage lender has soared about 150 percent since it restarted trading in early June after a six-year suspension due to debt problems. At its latest close of 2.52 dirhams, the stock is […]
It could be a match made in heaven. Wall Street says Intel Corp (INTC.O) is the best suitor for Qualcomm Inc’s (QCOM.O) chip unit, if the maker of Snapdragon mobile processors decides to break itself up. “The chip deal to end all chip deals,” says Cowen and Co analyst Timothy Arcuri, would give Intel’s smartphone chip making business a much-needed boost. It would also allow Intel to […]
|By Matein Khalid| As a student of investing and the son of a painter/art historian, I cherish art as a visceral, spiritual value but am also intrigued by its historical linkage to banking and the financial markets. The happiest moments of my life have been spent in the Prado, Tate, Hermitage, Rijksmuseum, Ufizi, MOMA, Met, the National Gallery on Trafalgar Square, the Louvre, Musee d’Orsay and so […]
The IBM logo is seen outside the company’s offices in Petah Tikva, near Tel Aviv October 24, 2011. Reuters/Nir Elias International Business Machines Corp’s (IBM.N) revenue fell for the 13th consecutive quarter and missed the average analyst estimate, as it continued to shed low-margin businesses and the strong dollar weighed on Big Blue’s results. Shares of the world’s largest technology services company fell about 5 percent in […]
The logo of U.S. memory chip maker MicronTechnology is pictured at their booth at an industrial fair in Frankfurt, Germany, July 14, 2015. Reuters/Kai Pfaffenbach Micron Technology Inc (MU.O) has told China’s Tsinghua Unigroup Ltd that its $23 billion acquisition offer is not realistic because U.S. authorities would block the deal due to national security concerns, according to people familiar with the matter. The Boise, Idaho-based chipmaker’s […]
Intel Q2 revenue drops 4pc to $13bn NEW YORK, 3 days ago Intel Corp reported that its net revenue fell 4.6 per cent to $13.19 billion during the second quarter of the year, edging past the average analyst estimate of $13.04 billion. Growth in the company’s data centers and Internet-of-Things businesses helped offset weak demand for personal computers that use the company’s chips. Shares of the world’s […]
A man looks at a smartphone at the Intel booth during the 2015 Computex exhibition at the TWTC Nangang exhibition hall in Taipei, Taiwan, June 2, 2015. Reuters/Pichi Chuang Intel Corp (INTC.O) reported better-than-expected quarterly results on Wednesday as growth in its data centres and Internet-of-Things businesses helped offset weak demand for personal computers that use the company’s chips. Shares of the world’s largest chipmaker, which also […]
If you read the news regularly, you read about data breaches and massive hacks just about every week. That can make you a little nervous about safeguarding your financial information. A new MasterCard survey reveals you are not alone. Seventy-seven percent of consumers are anxious about their personal and financial information being hacked. In fact, the fear of a hack is higher than the fear of compromised […]
A ball boy holds a ball on Court 18 at the Wimbledon Tennis Championships in London, July 3, 2015. Reuters/Henry Browne Deep in the bowels of the All England Club, an army of employees from one of the world’s technology giants are teaching a computer named Watson to master tennis. Seven-times Wimbledon champion Roger Federer can relax though. A silicon-chipped cyborg is not about to wreak havoc […]
If you’re sick of your smartphone’s shaky Web capabilities and its tendency to lose power after just a few hours, Apple is feeling your pain. According to reports, the company’s next iPhone might offer faster Web connectivity and better battery life, all thanks to a single component. The handset, which by most indications will be called the iPhone 6S, will launch with a chip called the MDM9635M. […]
TEHRAN — Persian carpets were rolled out in the Beit-e Rahbar, the downtown Tehran offices of Iran’s supreme leader, Ayatollah Ali Khamenei, on Tuesday, a sign that important guests were on their way. One by one, members of Iran’s establishment, politicians, clerics and commanders filed in, many exchanging the perfunctory greetings of committed rivals. They sat cross-legged and waited anxiously, knowing a crucial week of nuclear negotiations […]
Consumers are barely used to the Apple Watch, and already there’s discussion about what might be included with the next edition of the wearable. Media reports on Friday revealed details about a second-generation model that might sport a video camera and a new wireless system. The first Apple Watch was released just two months ago. The camera would be called the FaceTime Video Camera and would be […]
Hewlett-Packard offered up a slew of new laptops on Friday, including the Pavilion x2 tablet-notebook hybrid that features a magnetic hinge so it can easily transform from notebook to tent mode to stand mode. The Envy notebooks, meanwhile, promise longer battery life and a new curved profile. “Customers want devices that are portable without sacrificing battery life or power,” said Kevin Frost, vice president and general manager, […]
Visitors at the exhibit “A Brief History of Humankind” at the Israel Museum. The museum is Israel’s largest cultural institution, presiding over Jerusalem from a hilltop site alongside the Knesset and the Supreme Court. By ISABEL KERSHNER June 17, 2015 JERUSALEM — A softly lit case displays a small, gnarled implement that is said to be the world’s oldest known complete sickle, dating back 9,000 years. On a wall […]
With the debate continuing over how Android security compares to the security of other mobile platforms, Google is getting more proactive. The mobile operating system maker just launched Android Security Rewards, complete with cash incentives to encourage security researchers to keep digging for — and reporting — flaws. Google will provide both money and public recognition to security researchers who discover and disclose vulnerabilities to the Android […]
Saudi opening may be non-event with no licences awarded RIYADH, 11 hours, 30 minutes ago The opening of Saudi Arabia’s stock market to direct foreign investment on Monday may disappoint traders who have been hoping for large and immediate fund inflows, as the kingdom has yet to announce the award of any licences. Saudi Arabia’s Capital Market Authority announced plans to open the market last July, and […]
Big Blue is looking to make its mark on the mobile device and wearables market. No, IBM isn’t pushing out a smart watch or even a smartphone. In partnership with SiCAD, a silicon design platform company, IBM just announced High Performance Services for Electronic Design Automation (EDA). IBM is billing EDA as the electronic industry’s first enterprise-class, secure cloud service that provides on-demand access to electronic design […]
The Apple logo is seen at the flagship Apple retail store in San Francisco, California April 27, 2015. Reuters/Robert Galbraith/Files Apple is planning to introduce its mobile payment system, Apple Pay, to Britain this summer, The Telegraph reported on Saturday, citing industry sources. Apple is expected to make the announcement on Monday in San Francisco at its annual conference for developers, the paper said. It quoted the […]
An employee answers phone calls at the switchboard of the Google office in Zurich August 18, 2009. Reuters/Christian Hartmann Google Inc (GOOGL.O) said 21 percent of tech hires last year were women, boosting overall number of women in technical roles by 1 percent, as part of efforts to increase diversity. The company recently began disclosing the makeup of its workforce after admitting that it was “wrong, and […]
Men stood on a building damaged during Hamas’s last war with Israel. Gaza’s unemployment rate has risen to 44 percent, the highest in the world. By DIAA HADID and MAJD AL WAHEIDI June 1, 2015 GAZA CITY — On a street here crammed with glittery clothing and electronic shops, Mahmoud Matar flipped through the receipt book for his appliance store, much of it blank: His lone sale that day was a $7 […]
