Verizon has announced that it will buy Yahoo’s core business after all, but at a $350 million discount since the internet company had two massive cyberattacks. The Verizon-Yahoo deal has been in the cards for a good while now and the companies have been negotiating the terms of the agreement. After two massive Yahoo data breaches came to light last year, however, the deal was not that […]
Photo Seif al-Islam el-Qaddafi on trial in Zintan, Libya, in 2014. Credit Reuters GENEVA — Seif al-Islam el-Qaddafi, the son of Libya’s ousted dictator, should be turned over to the International Criminal Court to be tried on war crimes charges, the United Nations said on Tuesday, adding that he did not get a fair trial in Libya. But the question is, who will hand him over? A […]
The International Monetary Fund’s description of Greek debt as potentially explosive has left negotiators in Brussels struggling to bridge the differences between Athens and its creditors before time runs out to avert default. With creditors unwilling to release the next tranche of bailout money needed to keep the country afloat, Greece is facing €7bn of debt redemptions in July that it cannot afford. Investors appear to have […]
This seems like typecastingImage: getty images/marvel By Laura Prudom2017-02-21 20:18:47 UTC Game of Thrones alum Iwan Rheon, who played literal and figurative bastard Ramsay Bolton, is heading to the Marvel universe for ABC’s new Inhumans series, it was announced Tuesday. Sticking with type, Rheon will play the villain Maximus — aka “Maximus the Mad” — brother of lead character Black Bolt. In the show, Maximus is described […]
My taxi driver in San Diego had a plan. He was moving to Laredo to get back into long-distance trucking. He’d work hard for 10 years, save a couple of hundred grand, and retire to Mexico. I did the math: that put him around 2028. He might just make it before all the trucking jobs go away. At Qualcomm last week, Cristiano Amon, president of […]
Whatever route the government chooses for Brexit it will need to cooperate with other countries, especially our EU neighbours, to combat tax avoidance, tax evasion and money laundering. Yet the signs are not very good as the government seems to have chosen non-cooperation. It has snubbed the EU inquiry into the Panama Papers. Last year, a leak of 11.5m documents and 2.6 terabytes of information from the […]
Yahoo agreed to take a $350m cut on the original $4.8bn sale of its core business to Verizon, becoming one of the first major US companies to revise deal terms because of a cyber attack. Verizon, the US telecoms company, will now pay the California-based internet company $4.5bn, Yahoo said on Tuesday, ending months of uncertainty about the future of the deal first agreed in July last year. […]
Photo A session at the International Conference in Support of Palestinian Intifada in Tehran on Tuesday, where Ayatollah Ali Khamenei, Iran’s supreme leader, urged renewal of the Palestinian uprising, or intifada, against Israel. Credit Ebrahim Noroozi/Associated Press TEHRAN — Everything was in place on Tuesday for a gala celebration at Iran’s annual conference in support of Palestine. Awaiting the hundreds of guests was a table piled high […]
European markets regulators are examining a potential loophole in share-trading rules, which they fear promotes lightly regulated, private networks rather than placing curbs on trade away from public exchanges. Concern is mounting that the rules, which take effect from next January, could be exploited by some banks and high-frequency traders (HTF), to sidestep policymakers’ determination to make share trading more transparent. In an effort to improve trading […]
Qualcomm is stepping up its Internet of things game with support for Android Things OS, integration with Amazon Web Services and two systems-on-chips that aggregate a bevy of standards. special feature Louisville and the Future of the Smart City Louisville, Kentucky is building a unique bridge between the smart city and the smart home. Here’s what communities and citizens can learn about the benefits of the onrushing […]
By Robin Emmott | BRUSSELS BRUSSELS U.S. President Donald Trump sent top U.S. officials to Europe with a familiar warning from Washington that allies must spend more on defence, this time with the ultimatum “or else”. But Europeans have tried to deflect the threats with the argument that a commitment to security is not just about spending targets, which diplomats said that U.S. officials did not challenge, […]
Saudi Arabia is favouring New York to list state oil giant Saudi Aramco IPO, while also considering London and Toronto for the prospect of floating the firm, the Wall Street Journal reported on Monday. Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo and Shanghai but are unlikely to pursue listing in those places, the newspaper said, citing people familiar with the matter. The listing […]
Texas Monthly Editor-in-Chief Tim Taliaferro on Tuesday backed away from comments made during an interview with Columbia Journalism Review that indicated the magazine was retreating from political and longform journalism. In a note published on Texas Monthly, Taliaferro said that he “unfortunately gave the CJR the wrong impression” when he told the journalism review that “Texans don’t care about politics.” “Let me first say that I know […]
Microsoft CEO Satya Nadella has said India has ‘entrepreneurial energy,’ and that he hopes his company can harness India’s move to make its vast biometric database available to app developers. In Bangalore Monday, Mr. Nadella said he wanted Indians to be able to access Microsoft products using their Aadhar ID cards, and that his company was teaming up with Flipkart, India’s rival to Amazon. Here are five […]
There is no sign that the ongoing rumble among carriers are winding down. Verizon underscored this after it announced a new cheaper prepaid plan bundled with its own data bucket, making it simpler for prepaid customers to avail of the Big Red’s services. New Verizon Prepaid Plan The new Verizon prepaid plan costs $40 and comes with 2 GB data cap. This has increased the company’s prepaid offerings […]
Photo Red Crescent workers collected the bodies of migrants on Monday from a beach near the town of Zawiya, Libya. Credit Libyan Red Crescent CAIRO — The bodies of 74 migrants were recovered from a beach near the town of Zawiya in western Libya, rescuers said on Tuesday, an ominous sign before the high season for Mediterranean crossings. The bodies were believed to have come from a […]
At least 180 Chinese listed companies will be forced to cancel or scale back planned rights offerings worth $97bn in response to regulations that target excessive fundraising used for dubious acquisitions and financial speculation. The rules come as Chinese regulators are increasingly concerned about the trend of “exit the real, enter the fake” — a phrase used to denote companies abandoning real economic activity in favour of […]
iPad sales are in serious decline, but Apple CEO Tim Cook remain “very bullish” about the tablet. Can a March refresh turn things around? Must read: OLED iPhone 8 may finally have the feature that owners have been craving The Internet of Things 10 types of enterprise deployments As businesses continue to experiment with the Internet of Things, interesting use cases are emerging. Here are some of […]
Instagram has revealed there are 63 million users in the MENA region, equivalent to ten percent of the social media platform’s global community. Worldwide, Instagram has 600 million people actively using the platform each month, with 400 of those logging in on a daily basis. Instagram Stories has also proven popular, with 150 million new posts each day. The latest figures highlight how people in MENA have […]
ZDNet Google and Microsoft have pledged changes to their search engines which will make life harder for users seeking illegal, copyrighted material. Google, Microsoft, and the UK government have worked out their differences and reached a truce over the availability of pirated material online. While removing links to any website which claims to offer copyrighted material smacks of censorship, the tech giants have offered to sign up […]
By Sumeet Chatterjee and Lawrence White | HONG KONG/LONDON HONG KONG/LONDON HSBC Holdings (HSBA.L) reported a 62 percent slump in annual pre-tax profit that fell way short of analysts’ estimates as the British bank took hefty writedowns from restructuring and pointed to brakes on revenue growth. HSBC shares slid more than 6 percent after the company reported revenues fell by a fifth from 2015, underscoring the challenge […]
Tuesday 08:45 GMT Overview European stocks are easing back after a mixed Asia session as Wall Street looks to re-enter the fray at record levels. The dollar is stronger and Treasury yields are moving up as expectations build of tighter US monetary policy, a scenario that is hurting gold. Hot topic European government bond markets remain a focal point for investors after an opinion poll showed Marine […]
Telstra has confirmed that its enterprise voice and data outage across New South Wales was caused by a faulty piece of hardware. The outage affected only enterprise customers on Tuesday morning until 1pm AEDT, with consumer fixed-line and mobile services not impacted by the hours-long outage. Earlier this month, Telstra also experienced an outage across fixed-line and mobile services due to a fire at its Chatswood exchange […]
By Drazen Jorgic | MALAM JABBA, Pakistan MALAM JABBA, Pakistan Atop the piste of Malam Jabba in Pakistan’s once dangerous Swat Valley skiers schuss downhill, a new Chinese-built chairlift ferries tourists to the peak, and a luxury hotel is under construction to replace one torched by the Taliban. The Taliban declared skiing “un-Islamic” during their 2007-2009 reign of terror over Swat, but improved security in recent years […]
