One of the key strengths of cloud computing is its inherent resilience and ubiquity: get the architecture right, and you can be assured that your data resides in multiple locations, providing both data resilience and the ability to serve data to partners, customers and employees wherever they happen to be. However, EU legislation demands that some types of data must remain in the same country as the […]
A big name in the antitrust world, Kevin Arquit, is on the move from Simpson Thacher & Bartlett LLP to Weil, Gotshal & Manges LLP, his new firm said Tuesday. Mr. Arquit, a former general counsel at the Federal Trade Commission and director of its bureau of competition, departs after 14 years at Simpson, where he led the New York firm’s competition practice. He’s expected to join Weil […]
London’s FTSE 100 stands apart as the global laggard among major stock indices with investors giving it a wide berth almost a month since the election of Donald Trump. The performance reflects concern over Brexit negotiations hurting the shares of companies exposed to the UK economy while the pound’s recent rebound against the dollar and the euro offsets the boost for resource stocks from rising crude and […]
Dubai Municipality on Tuesday issued a statement to deny a social media video clip claiming liquid nitrogen ice cream is posing a danger to consumers in the emirate. In response to the online video, the Food Safety Department of Dubai Municipality clarified that this rumour is not true. It said liquid nitrogen is used in many industrial applications such as rapid cooling of ice and in making […]
BEIRUT, Lebanon — A court in Saudi Arabia sentenced 15 men to death on Tuesday for spying on behalf of Iran, after a trial that a Western human rights organization characterized as a “travesty of justice.” The sentences came as the sectarian and political rivalry between Saudi Arabia and Iran is fueling conflicts across the Middle East, including in Iraq, Syria and Yemen. Both Saudi Arabia, a […]
Wall Street climbed on Tuesday as telecom stalwarts AT&T and Verizon gained and bank shares added to their torrid post-election rally, helping the Dow set another record closing high. The S&P financial sector .SPSY rose nearly 1 percent, lifted by a 2.2 percent gain for Wells Fargo (WFC.N). The bank’s chief executive told an investor conference it will see a near-term profit hit because of the sharp […]
Speaking at the session were H.E. Saeed Al Tayer, MD and CEO of DEWA; H.E. Dr. Aisha Butti bin Bishr of the Smart Dubai Office; Academic Researcher Vivek Wadhwa; and Bibop G. Gresta and Dirk Ahlborn of Hyperloop Transportation Technologies, Inc. Dubai, December 6, 2016 A panel discussion exploring “Future Cities” and the role that knowledge plays in that regard concluded the sessions of day one of […]
(Image: Google) Google on Tuesday rolled out an update to its Google mobile app for Android and iOS, bringing two main categories into focus — current topics and upcoming events — and getting rid of the traditional Google Now cards. The app was previously one stream of information. Now, the upcoming events tab shows travel, meetings, and important dates from the user’s email and calendar, and the […]
The US Supreme Court has thrown out a $399m patent damages award against Samsung to Apple, in a unanimous verdict in favour of the Korean electronics group. The five-year-old case between the two smartphone market leaders could now continue for much longer, after the justices ordered the lower Federal Circuit court of appeals to reconsider the basis upon which the damages were originally calculated. While the decision does not […]
Hedge fund manager Pierre Andurand has returned almost 15 per cent this year by betting on a recovery in oil prices and he forecasts the rally has further to run after Opec’s agreement last week to cut supplies. The French founder of Andurand Capital, which has grown to be one of the world’s largest oil funds, returned 6.1 per cent in November as he positioned for crude’s […]
Image: Dropbox Dropbox on Tuesday announced the launch of Dropbox Mobile Offline Folders. The cloud-based file sharing service provider says the new premium feature will let users stay on task on their smartphones even when data and Wi-Fi is unavailable. With mobile offline folders, users can tag an entire folder to have its contents synced automatically to their phone or tablet, as opposed to marking each individual […]
“It’s something different,” Rose said recently. “Something to relax you. Something to stimulate your mind and help you out in the long term as far as clearing your mind. There’s different things you can do; I don’t take it for granted. Whenever I see those types of things, I try to focus in on it because you never know whether it gives you an advantage if you […]
NEW DELHI—Jayaram Jayalalithaa, the powerful chief minister of the state of Tamil Nadu whose fervent following was matched by few other Indian politicians, died late Monday after she failed to recover from cardiac arrest. The daughter of an actress in Tamil-language films, Ms. Jayalalithaa’s first career was in show business. She was featured in more than 100 movies, which catapulted her to fame before she turned to the political arena […]
Solar panels, which convert sunlight into electricity, are a key player in the fast-growing renewable energy sector, which also includes water- and wind-generated electricity The climate-friendly electricity generated by solar panels in the past 40 years has all but cancelled out the polluting energy used to produce them, a study said Tuesday. Indeed, by some calculations, the so-called “break-even point” between dirty energy input and clean output […]
Pouncer: Next year the compay plans to demonstrate the drones being launched from a C130 Hercules cargo aircraft.” Illustration:Windhorse Aerospace A UK company is developing lightweight and edible food drones to bring supplies to hard-to-reach areas in times of disaster. The Somerset-based Windhorse Aerospace last week presented its Pouncer design to Priti Patel, the UK’s Secretary of State for International Development. The drone is nine feet wide, […]
If you set out to make a positive investment case for Italy 20 years ago, the best hope was to play down the myriad structural inefficiencies that blighted the corporate sector and argue that this was a good economy burdened by an unworkable state. Now, after years of no growth accompanied by stubbornly high public debt, a positive case looks even harder to make, especially after the […]
Good morning. Here’s our daily summary of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. It’s so quaint that politicians still get pissed at the press and utter some version of Mark Twain’s, “Never pick a fight with people who buy ink by the barrel.” That was underscored again Monday by Donald Trump, who tweeted, […]
A four-rotor “bunnycopter” developed at MIT’s Computer Science and Artificial Intelligence Laboratory features propellers at different heights. Credit: Jason Dorfman/MIT CSAIL This fall’s new Federal Aviation Administration regulations have made drone flight easier than ever for both companies and consumers. But what if the drones out on the market aren’t exactly what you want? A new system from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) is […]
“We’ve found that [Facebook’s] Workplace has been an easy sell to people because they can use the same platform inside and outside the business,” says CIO Graham Benson. Image: Getty Images/iStockphoto Rentalcars.com is one of the first companies to use Workplace by Facebook, the recently launched enterprise social media platform. The service has now been live for staff for two months, according to Graham Benson, CIO at […]
India’s southern state of Tamil Nadu is mourning the death of one of its charismatic leader Jayaram Jayalalithaa, after she failed to recover from a cardiac arrest late Monday night. The streets of Chennai thronged with supporters and friends of Ms. Jayalalithaa, who served as chief minister of the state from 2014, as an enormous crowd gathered at a public hall where her body lay draped in […]
Ouch. Shares in spread-betters have tanked after the Financial Conduct Authority announced a comprehensive series of proposals to tighten up on a business that it says is poorly understood by clients. Over 80 per cent of customers lose money on these financial-market bets, the FCA said. At pixel time: CMC Markets shares are down by over 30 per cent to 128.4p. Shares in IG Group are down […]
The vast majority of UAE-based CEOs are confident about prospects for their organisations over the next three years, according to the KPMG 2016 CEO Outlook report. The survey findings revealed that 76 percent of polled UAE-based CEOs – compared to 41 percent of global CEOs – believe that their business will change significantly over the next three years. The survey also found that UAE bosses believe that […]
In interviews with The New York Times, a former Taliban finance minister described how he traveled to Saudi Arabia for years raising money while ostensibly on pilgrimage. The Taliban have also been allowed to raise additional millions by extorting “taxes” by pressing hundreds of thousands of Pashtun guest workers in the kingdom and menacing their families back home, according to Vali Nasr, a former State Department adviser. […]
Jason Dorfman, MIT CSAIL MIT researchers have unveiled a new way for consumers and businesses to take to the skies — by designing and developing their own drones. The program, created by a team from the Massachusetts Institute of Technology (MIT)’s Computer Science and Artificial Intelligence Laboratory (CSAIL), is a prototype computer system (.PDF) which allows users to create a variety of drones. According to the lab, […]
