When Intel’s chief executive addressed shareholders at last month’s investor day, he insisted that the “traditional market view” of the company as a Silicon Valley stalwart making chips for PCs and servers was wrong. “The way we look at the world is a bit different,” Brian Krzanich said. “We are a data company.” Investors would soon discover just how differently Mr Krzanich was looking at Intel’s world. […]
The French presidential election is setting up a critical test of resolve for Japanese investors as life assurers, big banks and struggling regional lenders enter a second year under the Bank of Japan’s negative interest rate policy. The policy shift by the BoJ in February 2016 accelerated efforts by Japanese investors to seek higher fixed-rate returns overseas and has raised the sensitivity of their portfolios to global […]
Image: Amit Mehra Photography By Manish Singh2017-03-14 04:19:59 UTC The festival of Holi, also known as the festival of colors, heralds the beginning of spring. It also signifies the victory of good over evil. One of the biggest Hindu festivals, Holi is also often linked with the eternal love of Lord Krishna and his consort Radha. It’s also the time of the year when everyone — well, […]
PC shipments in Australia totalled 1.12 million units in the fourth quarter of 2016, beating market expectations, according to research firm IDC. The total for the quarter, which included both desktops and tablets, was down year on year by 3.2 percent. However, the decline was an improvement on the forecast 10.2 percent drop. While the first half of last year was affected by Dick Smith’s shutdown, high […]
Researchers have developed a range of composite metal foams (CMFs) that can be used in applications from armor to hazardous material transport — and they’re now looking for collaborators to help identify and develop new applications. To that end, the researchers are issuing a comprehensive overview and new data on their CMFs. (via WSJ)
Japanese Prime Minister Shinzo Abe has asked Saudi Arabia’s King Salman to support the listing of Saudi state oil giant Aramco shares on the Tokyo Stock Exchange, a Japanese senior government official said on Monday. King Salman said that the kingdom would look into the request because he wants Japanese investors to buy Aramco shares, the official said after the two leaders met. Bourses in Asia and […]
To investors still betting — either by choice or technical necessity — that Toshiba can pull off a miracle escape act, Monday night produced yet another dispiriting blow. With just hours left before the troubled Japanese conglomerate was due to submit its audited third-quarter earnings — an already overdue document critical to its continued status as a listed entity — sources close to the company confirmed that […]
Recently, the open-source multi-instant messaging (IM) program Pidgin was updated to version 2.12.0. That’s the good news. It’s a very useful program if you work with people using multiple IM services. The bad news is that its developers couldn’t add support to newer IM platforms, such as WhatsApp, Facebook Messenger, and Slack. Additionally, it will no longer support the deprecated Facebook XMPP, MSN, MySpace, Mxit, and Yahoo. […]
KUALA LUMPUR: The Domestic Trade, Cooperatives and Consumerism Ministry will return confiscated pig bristle paint brushes to traders if they comply with the Trade Descriptions Act 2011. Its minister, Datuk Seri Hamzah Zainuddin, said business operators have been given a one-month period to label all paint brushes made with pig bristles (as non-halal). He said since March 9, inspection has been carried out to detect whether traders […]
Kuwait’s dual-tranche international debut bond has attracted order books in excess of $15 billion, a document issued by one of the lead banks showed. The debt sale, expected to price on Monday, is split into five-year and 10-year tranches. Initial price guidance was earlier released in the 100 basis points over US Treasuries area for the five-year tranche and the 120 bps over Treasuries area for the […]
By Se Young Lee and Jane Chung | SEOUL SEOUL The head of South Korea’s Samsung Group [SAGR.UL], Jay Y. Lee, may be languishing in a jail cell but he is allowed plenty of visitors, which may allow him to play a key role in corporate decisions even if he isn’t running the conglomerate like he did before. Lee, who didn’t attend last Thursday’s preparatory hearing for […]
Okta, the identity and device management firm based in San Francisco, has filed to go public. According to its S-1 form with the US Securities and Exchange Commission, Okta plans to raise up to $100 million of Class A common stock through an initial public offering and trade on the NASDAQ market under the symbol OKTA. Goldman, Sachs, JP Morgan Securities and Allen & Company are lead […]
Photo Hosni Mubarak waved to supporters in 2015, on his 87th birthday, from the Maadi Military Hospital in Cairo. Credit Amr Nabil/Associated Press CAIRO — An Egyptian prosecutor ordered Hosni Mubarak, the toppled Egyptian autocrat, released from the Maadi Military Hospital in southern Cairo, where he has been held for much of the last six years. But as of Monday night, Mr. Mubarak, 88, still had not […]
Nervousness in the US stock market has climbed to the highest level since the aftermath of the presidential election, even as equities have charted a mostly smooth path to further all-time highs in recent weeks. Credit Suisse’s fear barometer rose at the end of last week to 35.6, an increase of almost 10 points from the previous week and the highest reading since November 9, the day […]
Starting next month, Microsoft will begin offering a preview of an on-premises/local version of its Dynamics 365 for Operations ERP product. Microsoft announced Dynamics 365 for Operations — a rebranding of Dynamics AX 7 and part of the Enterprise version of its newly combined Dynamics 365 CRM and ERP application bundle — in July 2016. At that time, officials said Microsoft would continue to offer on-premises versions […]
President Rodrigo Duterte said he has instructed the military to assert Philippine ownership of a large ocean region off the country’s northeastern coast, where China’s survey ships were spotted last year, in a discovery that alarmed Philippine defence officials. Duterte said on Monday that he ordered the military to assert ownership of Benham Rise in a friendly way, repeating that his country has no option but to […]
In a photo op at the start of their meeting, Mr. Netanyahu greeted Mr. Greenblatt warmly, addressing him as Jason, and said, “I hope we can do some good things together.” Mr. Greenblatt replied, “I think we are going to do great things together.” Once seated, he thanked Mr. Netanyahu for reorganizing his schedule, throwing in a “todah,” Hebrew for thank you. Continue reading the main story […]
Leonardo Maugeri of Harvard University, who in 2012 predicted a glut in oil supplies and a steep fall in prices, has warned that there is again a prospect that the market is heading for “a substantial fall”. Strong growth in global supply, he argues in a new paper, is outpacing the increase in demand, in spite of the production cuts agreed by Opec and 11 non-Opec countries […]
Cloud accounting software provider Xero announced a new product that it says will bring machine learning and AI to the process of small business invoicing. The machine learning automation technology is currently without an official title, but Xero says it’s designed to simplify and improve the way invoices are filed. More specifically, the technology will automatically suggest the appropriate account codes for an invoice based on past […]
This Wednesday, Oct. 14, 2015, file photo, shows a Mobileye camera system that can be installed in your car to monitor speed limits and warn drivers of potential collisions, mounted behind the rearview mirror during a demonstration of the system, in Ann Arbor, Mich. Intel is buying Mobileye in a deal announced Monday, March 13, 2017, and valued at about $14.09 billion, the latest push by a […]
Phishing scams continue to be an effective method. Image: Getty Images/iStockphoto Staff are still falling for phishing scams, with social media friend requests and emails pretending to come from the HR department among the ones most likely to fool workers into handing over usernames and passwords. Phishing scams aim to trick staff into handing over data — normally usernames and passwords — by posing as legitimate email. […]
Norway’s salmon producers are turning to radical farming techniques in the face of multiple threats to their industry. From futuristic egg-shaped enclosures that bob in the water to supertanker-like structures submerged in the ocean, the Norwegian government is trying to counter increasing challenges in the form of sea lice, fish escapes and the shortage of suitable coastline for aquaculture. One of the big problems for salmon farmers […]
/By Arabian Post Staff/ The board of directors of the mega bank being created by the merger of FGB and the National Bank of Abu Dhabi (NBAD) has met to approve key items ahead of the legal completion of the merger in the coming weeks. During the meeting, the Board decided on the Group’s corporate governance structure and finalised the nomination of Board committees and delegation of […]
In the tech industry, it’s easy to get caught up in the minutiae. But we should all step back and witness an industry in transition. Here are a few things I believe will shape the next few years. Smartphone Hardware Runs its Course As my colleague Carolina Milanesi recently wrote, it’s becoming increasingly difficult to innovate in the smartphone space. After a decade […]
