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By Heather Somerville | SAN FRANCISCO SAN FRANCISCO Chinese powerhouse Didi Chuxing’s acquisition of Uber Technologies Inc’s China operations marked the biggest move yet toward consolidation in an industry that many investors and Silicon Valley pundits view as a winner-take-all game. On the day the Didi deal was announced earlier this month, Uber board member Bill Gurley said Uber’s rivals in other markets had a slim chance […]

In-depth review charts the scientific understanding of rainbows and highlights the many practical applications of this fascinating interaction between light, liquid and gas. There’s more to rainbows than meets the eye. Knowledge gained from studying these multicoloured arcs of scattered light can be incredibly useful in ways that may not immediately spring to mind. Rainbow effects can warn of chemical contamination in the atmosphere, help to develop […]

A new speech analytics tool announced yesterday by Verint Systems is designed to help customer service professionals get real-time guidance for better managing calls. The software-based system can alert service reps to caller insights as they happen as well as help companies ensure compliance with important policies and regulations, the company said. The Melville, New York-based Verint said the new real-time speech analytics capabilities are natively embedded […]

Printers are down, but PCs are up — for now. That’s the scenario presented by Hewlett-Packard when it discussed its third quarter earnings with analysts this week. HP reported a quarterly profit of 49 cents per share, on revenue of $11.9 billion, compared with earnings of 39 cents a share on revenue of $12.4 billion for the same quarter last year. The company said its outlook for […]

T-Mobile and Sprint began yet another duel yesterday by unveiling rival wireless plans with unlimited data usage. Their announcements came just one day after AT&T unveiled new wireless service plans it said will eliminate data overage charges for customers. Starting at $70 per month for one line, the new T-Mobile One plan comes with several caveats, including slower data speeds after customers exceed 26 GB in a […]

By Eveline Danubrata and Glenys Kirana | JAKARTA JAKARTA Asian fans of smartphone game Pokemon Go are hunting out the best telecom providers and network gear to overcome the hurdle posed by patchy network signals in their race to capture virtual cartoon characters. From Indonesia to Hong Kong and Cambodia, the wild popularity of Nintendo’s (7974.T) augmented reality app is also driving lifestyle changes for many gamers, […]

Starting Sunday, AT&T is launching new wireless plans that it said will eliminate data overage charges for customers. Instead of generating extra fees once they exceed their monthly data caps, the network speeds of customers with Mobile Share Advantage plans will be slowed down to limit further data consumption. Verizon, the largest wireless company in the U.S., made similar changes to its mobile plans last month with […]

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Scientists sponsored by the Office of Naval Research (ONR) have genetically modified a common soil bacteria to create electrical wires that not only conduct electricity, but are thousands of times thinner than a human hair. As electronic devices increasingly touch all facets of people’s lives, there is growing appetite for technology that is smaller, faster and more mobile and powerful than ever before. Thanks to advances in […]

As more and more enterprises give up license-based software in favor of faster, more convenient cloud services, the software industry itself is changing dramatically, according to a recent report from the advisory firm PwC (formerly known as PricewaterhouseCoopers). Although legacy software companies that have moved into the cloud are reaping the benefits of the growing “as-a-service” ecosystem, they are also facing some risks. The “PwC Global 100 […]

For more than 120 years the Venus Table of the Dresden Codex — an ancient Mayan book containing astronomical data — has been of great interest to scholars around the world. The accuracy of its observations, especially the calculation of a kind of ‘leap year’ in the Mayan Calendar, was deemed an impressive curiosity used primarily for astrology. But UC Santa Barbara’s Gerardo Aldana, a professor of […]

|Arabian Post Special| Sale of gold jewellery for cash is emerging as one of the major sources of gold supply and is accounting for almost a third of total supplies to the market this year. According to the World Gold Council, the high price level of gold in recent times has taken its toll on the jewellery sector and conversely recycling has sparked into life. Jewellery consumers […]

INTERNATIONAL. A KPMG report finds that the global Political Risk and Crisis Management insurance market looks set to exceed $10bn by 2018 A KPMG report, out today, finds that the that the global Political Risk and Crisis Management insurance market looks set to exceed $10bn by 2018, an anticipated $2bn of growth. The challenging macroeconomic environment, recent terrorist attacks, growing cyber threats and global political uncertainties are […]

BAGHDAD — If there were one safe place in Iraq, it should be a hospital nursery, locked down for the night with dozens of babies nestled inside. But here, not even that is a given. When a fire started late Tuesday night in the maternity wing of one of Baghdad’s main hospitals, it quickly engulfed the babies’ room. And then, in another Iraqi tragedy in a horrifying […]

|By Arabian Post Staff| Residential batteries, together with battery applications in commercial, industrial and utilities, are considered to be the next big opportunity in batteries besides electric vehicles. Indeed, this will become a $6 billion market by 2026 as predicted by the new IDTechExResearch report “Batteries for Residential, Commercial, Industrial and Utility Applications 2016-2026: Technologies, Markets, Players and Opportunities”. On April 30, 2015, Tesla officially launched its residential and commercial/utility-scale […]

Despite recently weakening consumer sales for both the iPhone and iPad, Apple devices and software have enjoyed a growing presence in business enterprises. Out of net sales of nearly $234 billion in 2015, some $25 billion came through sales to large business customers, according to Apple’s most recent annual report, released in October. While those sales were just a small fraction of the company’s overall revenues, they […]

|By Arabian Post Staff| Uzbekistan’s banking system recently received Moody’s endorsement when the agency acknowledged that the country’s banks continue to benefit from a growing economy with well-diversified export revenues. “As a result, banks in Uzbekistan are somewhat shielded from the volatility characteristic of some other countries in CIS,” Olga Ulyanova, a Vice President – Senior Analyst at Moody’s, said in a report. The International Monetary Fund […]

|By Arabian Post Staff|After a period of near desperation, oil is once again getting into the limelight, with crude trading near the highest close in two weeks in the wake of OPEC plans for informal talks to control supply. Qatar Oil Minister Mohammed Al Sada said the other day that OPEC members are in “constant deliberations” on stabilizing the market, although it is not clear if there […]

ABU DHABI // A pilot scheme to allow Filipinos working overseas to apply for an exit clearance each time they return home on holiday is to begin next month, officials announced on Monday. Those returning to the same employer and job site and listed on the electronic data base of the Philippine overseas employment administration (Poea) will no longer be required to secure an overseas employment certificate, […]

INTERNATIONAL. EY announces the launch of its Commercial Analytics Services Hub (EY CASH). This cloud-based analytics platform helps consumer products and retail (CPR) companies accelerate growth by predicting consumer choice to inform key decisions. EY CASH combines the professional services organization’s sector experience with the flexibility, scalability and enhanced security of the Microsoft Azure cloud and Cortana Intelligence. With 73% of CPR companies finding profitable growth far […]

WASHINGTON — A cash payment of $400 million delivered to Iran in January became part of the presidential campaign on Wednesday, as Donald J. Trump seized on the money transfer as a sign of what he called the administration’s failed foreign policy — prompting a forceful White House rejection. Josh Earnest, the White House press secretary, said the payment to Iran was part of the resolution of […]

UAE. Project activity in the UAE is forecast to recover in 2017 after a difficult 2016 on the back of a strong recovery in economic growth, according to a new report from Middle East business intelligence service MEED. MEED’s annual UAE Outlook Report for 2016 says that a recovery in oil prices combined with growing public and private sector activity boosted by Dubai’s preparations for the Expo […]

SolarCity Corp (SCTY.O) agreed to Tesla Motors Inc’s (TSLA.O) $2.6 billion offer to buy the solar panel installer, the companies said on Monday, clearing one obstacle in the way of Elon Musk’s ambitious plans for a carbon-free energy and transportation company. Tesla’s offer represented about half of SolarCity’s value a year ago, a tumble reflecting the solar company’s slowing growth, complex financial structure and the increased scrutiny […]

DUBAI // Two Russians kidnapped a Ukrainian tourist after offering her a lift home before assaulting her and stealing her passport. The men, aged 30 and 34, were convicted of kidnap, physical assault and robbery by Dubai Criminal Court and jailed for two years each. On January 13 this year one of the men approached the woman in Bur Dubai and asked if she knew any good […]

LIBYA. A multi-million redevelopment of Tripoli International Airport is getting ready for take-off following the Libyan Local Investment & Development Fund’s (LLIDF) appointment of PwC as its strategic advisor. The LLIDF is supporting the redevelopment of Libya through its new Investment Programme which includes the redevelopment of Tripoli International Airport into a world-class international airport. Based within a secure hub on the former airport site, the ambition […]

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