Developers and IT pros have been test-driving a preview of Office 2016 since March, but the final version is now set to launch starting September 22. Microsoft said the “seminal” release will be chock full of new IT management features. The new suite of Office applications will give Office 365 ProPlus business subscribers a choice of two types of ongoing updates. As they have in the past, […]
It’s the first plug-in vehicle Wi-Fi hotspot to hit the market — at least the first from AT&T. The wireless giant has tag-teamed with ZTE USA to offer ZTE Mobley, which launches on September 11 in AT&T brick-and-mortar and online stores. Packing a a powerful punch, the ZTE Mobley allows you to connect up to five devices to the Internet. You can use the hotspot data plan […]
Russian-speaking hackers with the cyberespionage group Turla have found a way to exploit weaknesses in global satellite networks to steal data while disguising the locations of their computers, the security firm Kaspersky Lab has revealed. Researchers at the firm said the hacking group, which has infected hundreds of computers in nearly four dozen countries over its eight-plus years of operation, has found an “exquisite” way to steal […]
|By Matein Khalid| The Federal Reserve could well raise its overnight borrowing rate at the next FOMC monetary policy conclave on September 17. Though contagion from China’s 40% stock market meltdown has triggered bear markets from Hong Kong to Frankfurt and plunged Asian/emerging markets equities into ta ghastly replay of 1998’s epic meltdown (General Suharto’s overthrow, the Russian rouble default, Malaysia’s capital controls, the run on the […]
The Pakistan arm of Dubai Islamic Bank plans to list a quarter of its shares on the Karachi Stock Exchange in the first quarter of 2016, its chief executive was quoted as saying. Junaid Ahmed said that the bank would benefit from a growing Pakistani economy and investment opportunities from large-scale government infrastructure projects, including a $46 billion project with China, dubbed the China-Pakistan Economic Corridor. “We […]
An explosion in the number of new Internet addresses has created a wealth of opportunities for criminals exploiting shady domains such as .zip, .kim or .party, according to an industry study published on Tuesday. Attackers are constantly in search of new domains for links to lead users to download malware, divulge personal data or spam their friends, and a liberalization of the Web has expanded the number […]
BEIRUT, Lebanon — The Arab kingdoms of the Persian Gulf have some the world’s highest per capita incomes. Their leaders speak passionately about the plight of Syrians, and their state-funded news media cover the Syrian civil war without cease. Yet as millions of Syrian refugees languish elsewhere in the Middle East and many have risked their lives to reach Europe or died along the way, Gulf nations […]
When it comes to Microsoft Windows 10, the momentum is huge. At least that’s the message Redmond is sending to the masses. Nick Parker (pictured), corporate vice president of Microsoft’s OEM division, took the stage at the IFA 2015 consumer electronics show in Berlin today to talk about the new operating system and how much traction it’s gaining even in the early days of its release. “Our […]
SAN FRANCISCO Ride services Lyft and Uber have poached dozens of key Twitter Inc (TWTR.N) employees over the past year, including top engineering managers, to help personalize their apps. Twitter’s management turmoil and 44 percent stock fall over the last 12 months have helped Lyft and Uber recruit key talent, as the micro-blogging site’s employees look to recreate its early success elsewhere, tech recruiters said. At least […]
A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski/Files Mozilla, creator of the Firefox web browser, said hackers had stolen security-sensitive information from Bugzilla, its bug tracker, and used it to “attack” Firefox users. The account that the hackers broke into was shut down shortly after the company discovered it had been compromised, […]
A new update for Facebook’s Conversion Lift tool aims to make things a little easier for advertisers on the social network’s site. While the previous version compared audience members who were served ads and those who were not, the latest iteration will allow companies to compare multiple ads to see which are more effective. The updated version of Conversion Lift is designed to help advertisers discover which […]
|By Matein Khalid| Hong Kong now trades at 9.6 times earnings and 0.86 book value. Hang Seng valuations were gutted by the protest movements in Central and the Shanghai financial meltdown. The Hang Seng index is down 25% since late May and now trades at six times forward earnings, its post Lehman, post 2014 bottom. Hong Kong trades at its lowest price/book value since the Asian flu […]
UAE. With a 54% decline in the price of oil prices during the past 12 months the United Arab Emirates (UAE) real estate market is now beginning to feel the effect with property transaction levels falling across Abu Dhabi, Dubai and Sharjah, according to the latest research from international real estate consultancy, Cluttons. Cluttons’ annual 2015 UAE Property Report reveals that the direct correlation between hydrocarbon revenues […]
TORONTO Hundreds of thousands of people signed up for infidelity website Ashley Madison in the last week, parent company Avid Life Media said on Monday, even after hackers leaked data about millions of its clients. The company also struck back at reports that the site had few genuine female users, saying internal data released by hackers had been incorrectly analysed. “Recent media reports predicting the imminent demise […]
Middle East Patients waited to receive medical-transfer documents in Gaza City in August. By JODI RUDOREN August 31, 2015 GAZA — The medical report details some worrying conditions: chronic dyspnea — a shortage of breath that could be a sign of heart or lung disease — and bronchial asthma. It says the patient, a 28-year-old woman from Gaza City, relies on “continuous medication” and an inhaler. But the woman […]
A new iPad is seen follownig a presentation at Apple headquarters in Cupertino, California October 16, 2014. Reuters/Robert Galbraith Apple Inc (AAPL.O) on Monday teamed up with network gear maker Cisco Systems Inc (CSCO.O) to improve the performance of its iPad and iPhone devices on Cisco’s corporate network. Cisco will provide services specially optimised for iOS devices across mobile, cloud, and on premises-based collaboration tools such as […]
INTERNATIONAL. The first Barclays UK Prosperity Map has revealed that booming house prices and returns in equity markets, in addition to higher wages and employment rates have resulted in every UK region becoming more affluent, and has driven a 41% increase in numbers of millionaires since 2010. Longer-term, growth in millionaires is expected to return to more normal levels, with a 9% increase in the UK expected […]
TORONTO The chief executive of infidelity website Ashley Madison’s parent company Avid Life Media has left, just over a week after hackers leaked data about millions of its clients in a massive cyber assault. Avid Life said on Friday the departure of Noel Biderman was by “mutual agreement” and its existing senior management team would take over until a new CEO is appointed. On Aug. 18, hackers […]
|By Matein Khalid| A month ago, I published a column predicting history’s first Made in China global recession. Wall Street finally agreed with me last week after we witnessed the most brutal crash in global equities since October 2008. I have predicated a 20% fall in US equities several times in the last three months and the 1000 point drop in the Dow last week only reinforces […]
A logo is pictured at Google’s European Engineering Center in Zurich April 16, 2015. Reuters/Arnd Wiegmann/Files BRUSSELS Google Inc has rejected EU antitrust charges that it abused its market power, exposing the company to the risk of a hefty fine if it does not alter its business practices. The company’s comments came after the European Commission in April accused it of distorting internet search results to favour […]
INTERNATIONAL. OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia’s role of guarantor of $100+/bbl oil. Despite the intense financial and economic pain this decision has inflicted on Saudi Arabia, its fellow OPEC members, and […]
A photo illustration shows the Ashley Madison app displayed on a smartphone in Toronto, August 20, 2015. Reuters/Mark Blinch Infidelity website Ashley Madison and its parent company have been sued in federal court in California by a man who claims that the companies failed to adequately protect clients’ personal and financial information from theft, saying he suffered emotional distress. The lawsuit, filed in U.S. District Court in […]
People gathered near the site of a bomb blast on the outskirts of Cairo on Friday. A study found that public turmoil, war and other crises can be associated with declining air pollution in the Middle East. By JOHN SCHWARTZ August 21, 2015 Civil unrest and humanitarian crises can now be detected from space — because of, somewhat surprisingly, cleaner air. A paper published on Friday in the journal […]
TORONTO Emails sent by the founder of infidelity website AshleyMadison.com appear to have been exposed in a second, larger release of data stolen from its parent company, cyber security experts confirmed on Thursday. The data dump by hackers who have attacked the site appears to include email messages linked to Noel Biderman, founder and chief executive officer of its Toronto-based parent company Avid Life Media. In a […]
