Mascots dressed as characters from the mobile video game ”Candy Crush Saga” pose outside the New York Stock Exchange March 26, 2014. Reuters/Brendan McDermid King Digital Entertainment Plc (KING.N), the creator of Candy Crush Saga, reported a 28 percent drop in quarterly profit as monthly unique users fell slightly and a strong dollar dented sales from outside the United States. The company’s shares slipped 8.2 percent in […]
While excess capacity and price volatility are among the key challenges faced by the steel industry, digital is shaping the future of metals in a complex business environment, said the managing director of Accenture metals. John Lichtenstein shared his passion for steel and how the industry can address growth challenges in an interview published by Accenture, a multinational management consulting, technology services, and outsourcing company. What are […]
Police secure the main entrance of the German Axel Springer publishing group headquarters in Berlin January 8, 2015. Reuters/Hannibal Hanschke/Files FRANKFURT After its failed bid to buy the Financial Times, Germany’s biggest news publisher Axel Springer will concentrate on digital expansion through small and medium-sized deals, the company said on Tuesday. Springer was outbid last month by Japan’s Nikkei in an attempt to buy the FT from […]
Mark Karpeles, chief executive of Mt. Gox, attends a news conference at the Tokyo District Court in Tokyo February 28, 2014. Reuters/Yuya Shino/Files TOKYO Mark Karpeles, the former head of defunct bitcoin exchange Mt. Gox, was arrested on Saturday in connection with the disappearance of hundreds of millions of dollars worth of the virtual currency, Japanese media reports said. The French-born Karpeles, 30, is suspected of falsifying […]
The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014. Reuters/Sergio Perez Uber Technologies Inc has closed a new round of funding that values the online taxi-hailing company at nearly $51 billion, the Wall Street Journal reported, citing people familiar with the matter. Uber raised […]
FRANKFURT/SAN FRANCISCO BMW (BMWG.DE) and Apple (AAPL.O) may rekindle a courtship put on hold after an exploratory visit by executives of the world’s top maker of electronic gadgets to the headquarters of the word’s biggest seller of premium cars. Apple Chief Executive Tim Cook went to BMW’s headquarters last year and senior Apple executives toured the carmaker’s Leipzig factory to learn how it manufactures the i3 electric […]
Trend Micro unveils Windows 10-compatible solution MANAMA, 1 days ago Trend Micro, a leader in security software, has unveiled its Trend Micro Security 10, a security and privacy solution fully compatible with Microsoft Windows 10, which is to be launched later this week. The new version’s security features are simple-to-use, yet provide state-of-the-art protection for consumers’ data, delivered with optimal performance, said a statement. It will allow […]
Hogan…focused on creating new experiences Consumer choice, innovation ‘key drivers of aviation sector’ ORLANDO, 1 days ago Consumer choice and innovation are the fundamental drivers of competition in the international airline industry, said Etihad Airways president and CEO James Hogan at the 2015 Global Business Travel Association (GBTA) Convention in Orlando, Florida (US). In a discussion, which focused on emerging opportunities and challenges in the global aviation industry, […]
|By Matein Khalid|So Pearson PLC has sold the FT Group (with its flagship Financial Times newspaper) to Japan’s Nikkei Inc for $1.32 billion. Pearson will use the cash proceeds to increase its investment in education publishing businesses in the US and Canada, now 75% of revenues. This deal is a milestone in the history of newspaper publishing and my own life as an investor/financial journalist. I discovered […]
After much hype and an abundance of testing, Windows 10 — the latest version of the Microsoft Windows operating system — begins this week, with release starting July 29. The new OS is scheduled to roll out in phases, going first to Windows Insiders and then being released in waves to users who have made reservations online. Enterprise users will begin seeing Windows 10 on August 1. […]
Pearson Plc is in talks to sell its half stake in the publisher of the 172-year-old Economist magazine, marking another step toward the former conglomerate’s transformation to an education company. The Economist is one of the assets that were excluded from London-based Pearson’s agreement this week to dispose of the FT Group to Japan’s Nikkei Inc. Pearson’s 50 percent holding could be valued at as much as […]
Microsoft is touting the latest update to its operating system, due for release starting July 29, with the line, “It’s the Windows you know, only better.” Underscoring the distance that Microsoft wants to put between the new OS and the previous version is the fact that it’s named Windows 10 — there will be no “9” to succeed the less-than-beloved Windows 8. Windows 10 will also be […]
Video | Iranians Celebrate Nuclear Deal Iranians took to the streets on Tuesday night to celebrate the nuclear accord between the United States and Iran. By THOMAS ERDBRINK July 14, 2015 TEHRAN — Weary of sanctions and isolation, many ordinary Iranians rejoiced on Tuesday over a historic nuclear agreement with world powers led by the United States, the main enemy for nearly four decades. But their excitement was tempered […]
An employee stands in front of the Apple flagship store on 5th Avenue in New York April 22, 2015. Reuters/Brendan McDermid/Files WASHINGTON/SAN FRANCISCO U.S. government antitrust regulators are looking into claims about whether Apple’s treatment of rival streaming music apps is illegal under antitrust law, according to three industry sources. Apple recently launched a new music streaming service, Apple Music. It also provides the App Store platform […]
The newest version of Apple’s mobile operating system is set for release this fall, but the company is — for the first time — offering the public a chance to take iOS 9 for a test drive. The public beta is now available for anyone to download, although Apple recommends that users first back up their devices and/or use secondary devices in case the preview OS has […]
If you read the news regularly, you read about data breaches and massive hacks just about every week. That can make you a little nervous about safeguarding your financial information. A new MasterCard survey reveals you are not alone. Seventy-seven percent of consumers are anxious about their personal and financial information being hacked. In fact, the fear of a hack is higher than the fear of compromised […]
UAE. Middle East employers must learn how to adapt to the unique demands of Generation Z in order to attract and retain new talent as we enter a new era of digital revolution, regional experts have warned. PA Consulting Group says failure to grasp how to motivate and communicate with this entrepreneurial group of people may threaten the survival of those organisations reluctant to change. A three-part […]
Metallic seals like this one have long been used to prevent unauthorized access to nuclear equipment. New electronic and fiber-optic seals beam back confirmation that they remain intact. By DAVID E. SANGER and WILLIAM J. BROAD July 6, 2015 VIENNA — On the outskirts of this graceful city, the Iran Task Force of the International Atomic Energy Agency is preparing to move quickly if American and Iranian negotiators here manage to cut a […]
Metallic seals like this one have long been used to prevent unauthorized access to nuclear equipment. New electronic and fiber-optic seals beam back confirmation that they remain intact. By DAVID E. SANGER and WILLIAM J. BROAD July 6, 2015 VIENNA — On the outskirts of this graceful city, the Iran Task Force of the International Atomic Energy Agency is preparing to move quickly if American and Iranian negotiators here manage to cut a […]
A ball boy holds a ball on Court 18 at the Wimbledon Tennis Championships in London, July 3, 2015. Reuters/Henry Browne Deep in the bowels of the All England Club, an army of employees from one of the world’s technology giants are teaching a computer named Watson to master tennis. Seven-times Wimbledon champion Roger Federer can relax though. A silicon-chipped cyborg is not about to wreak havoc […]
NEW DELHI/MUMBAI Prime Minister Narendra Modi urged more companies to make electronic and digital goods on Wednesday, reviving his campaign promise to bridge India’s digital divide backed by over $70 billion in investment pledges. Launching a “Digital India Week” aimed at popularising the government’s push to connect 250,000 villages by 2019, Modi spoke of the need to boost local manufacturing of electronics – the country’s largest import […]
REUTERS – Indian e-retailer Infibeam filed a draft prospectus for an initial public offering (IPO) to raise 4.5 billion rupees ($70.69 million), becoming the first of India’s ecommerce companies to list its shares on the domestic market. Infibeam’s IPO comes at a time of intense competition in India’s e-commerce sector, with high cash burn rates at industry leaders Flipkart, Snapdeal and Amazon.com’s India unit raising concerns among […]
|By TAP Staff| Dubai announced plans to build the world’s first fully functional 3D printed building, an ambitious move that will establish the UAE’s position as the global centre of technology in architecture construction and design. The building will be located close to the ‘Museum of the Future’, launched earlier this year in Dubai, and will act as temporary headquarters for its staff. It will be approximately […]
Under a new 10-year agreement that starts in 2016, AOL will be taking over a large part of Microsoft‘s display ad sales for numerous sites and services, including MSN, Xbox, Outlook.com and Skype. As part of the partnership, announced Monday, AOL will adopt Microsoft’s Bing as its exclusive provider of search and search advertising services across all of its properties. In a separate deal, first reported Monday […]
