Did you know you can donate your phone’s unused processing power to solve science’s biggest questions? Whether you want to help cure cancer, better understand climate change or find aliens, there’s an app for you. When you’re not using your Android phone, you can use these apps to donate its computing power to scientists looking into the big questions… for free. If just 1,000 people use the […]
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. Reuters/Mike Segar NEW YORK Apple Inc (AAPL.O) must pay VirnetX Holding Corp (VHC.A) more than $625 million for using the patent licensing company’s Internet security technology without permission in its FaceTime and iMessage features, a federal jury in Texas said on Wednesday. […]
Yahoo Makes Over Mobile App, Home Page in the U.S. Google long ago overshadowed Yahoo, but the company is still working to acquire and retain new users to its network of sites. To that end, Yahoo has just updated its mobile app and home page in the United States. Simply stated, Yahoo is giving prominence to news, content and video on its home page. Viewers will see […]
A 3D plastic cut-out of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. Reuters/Dado Ruvic Facebook Inc (FB.O) smashed investors’ expectations with a 52-percent jump in quarterly revenue as it sold more ads targeted at a fast-growing number of mobile users, sending its shares sharply higher after hours. The world’s biggest online social network bucked the trend of underwhelming […]
Plans for a 1,350-mile railroad running the length of the Persian Gulf from Kuwait to the Indian Ocean are in doubt after the United Arab Emirates halted contract awards amid a review of spending as oil proceeds shrink. Abu Dhabi-based Etihad Rail has suspended the tender process for stage two of the project, which is due to take the line west to the U.A.E.’s border with Saudi […]
UAE. Businesses must adjust how they nurture loyalty among Millennials or risk losing a large percentage of their workforces, according to Deloitte’s fifth annual Millennial Survey. Forty-four percent of Millennials say, if given the choice, they expect to leave their current employers in the next two years. That figure increases to 66 percent when the time frame is extended to 2020. The findings were revealed through a […]
A man opens the shutter of a shop painted with an advertisement of Reliance Communications in Mumbai, India, November 3, 2015. Reuters/Shailesh Andrade/Files MUMBAI India’s Reliance Communications Ltd (RCom) expects to reach a deal to sell its mobile phone masts business to a group of companies led by buyout firm TPG Capital Management LP in the next two weeks, its chief executive said on Monday. RCom last […]
|By Matein Khalid| I had called for Brent crude to fall to $30 in successive columns since the November 2014 OPEC conclave in Vienna, when Saudi Arabia abandoned its traditional role as the “swing producer” the central bank of black gold. The world oil markets now face a supply shock, a demand shock, epic volatility and the loss of the “swing producer”. The world is running out […]
As Iran emerges from a decade of international sanctions, its Gulf Arab rivals are facing their toughest economic predicament since the global financial crisis. Governments across the six-nation Gulf Cooperation Council are taking unprecedented measures to counter the slump in oil prices, curtailing some of the world’s most generous welfare systems to plug widening budget deficits. In some countries, contractors are facing delays in government payments, while […]
Ride-sharing app company Lyft today announced that it has raised $1 billion in new funding, including a $500 million investment from General Motors. The additional funds bring to $2 billion the total amount of capital the firm has attracted since it was founded in 2012. Under the new arrangement, Lyft and GM [Image credit: General Motors] will work together to build a network of on-demand, self-driving cars […]
Russia’s Telecoms Minister Nikolai Nikiforov attends an interview with Reuters at his office in Moscow December 9, 2013. Reuters/Sergei Karpukhin/Files MOSCOW A social network account of Russia’s communications minister was temporarily blocked on Sunday in a cyberattack carried out by hackers presenting themselves as a Turkish activist group and parading images of a warplane and Turkish flags. Russia’s ties with Turkey suffered a severe blow when a […]
MUMBAI/NEW DELHI India has become a battleground over the right to unrestricted Internet access, with local tech start-ups joining the front line against Facebook Inc founder Mark Zuckerberg and his plan to roll out free Internet to the country’s masses. The Indian government has ordered Facebook’s Free Basics plan to be put on hold while it decides what to do. The program, launched in […]
The Cisco Systems logo is seen as part of a display at a technology conference in Chicago, Illinois, May 4, 2015. Reuters/Jim Young NEW YORK Cisco Systems Inc did not infringe a patent holding company’s wifi technology, a U.S. appeals court ruled on Monday, reversing a near $64-million judgment against the networking equipment maker in the long-running patent dispute. After eight years of litigation that also included […]
Google Fiber, the gigabit-speed Internet service that is slowly rolling out to cities across the country, may soon have some competition from an established service provider. Philadelphia-based Comcast has announced that it is testing a new protocol known as DOCSIS 3.1, which it said has the potential to boost download speeds to the gigabit level. Unlike Google Fiber, which requires laying down an extensive fiber optic cable […]
A map of China is seen through a magnifying glass on a computer screen showing binary digits in Singapore in this January 2, 2014 photo illustration. Reuters/Edgar Su/Files BEIJING China’s parliament passed a controversial new anti-terrorism law on Sunday that requires technology firms to hand over sensitive information such as encryption keys to the government and allows the military to venture overseas on counter-terror operations. Chinese officials […]
A new type of computer chip developed by researchers at MIT, the University of California, Berkeley, and the University of Colorado, Boulder, could lead to faster data transmissions and potentially more energy efficient data centers. The technology is based on using light rather than streams of electrons to transmit data. The researchers said the chip (Image: Glenn J. Asakawa) can transmit 50 to 100 times the amount […]
While plenty of cyberattacks are still conducted by the stereotypical “hacker in a basement,” state-sponsored hacking is also on the rise — prompting Yahoo to become the latest tech company to offer warnings of such attacks. In a blog post earlier this week, chief information security officer Bob Lord said Yahoo will offer specific security suggestions to users who appear to be the targets of state-sponsored attacks. […]
Sanrio, the Japanese owner of the Hello Kitty brand, on Monday said it was investigating a report that its database was hacked and private information on 3.3 million users was exposed. The leaked data from the fan site of the Japanese toy company includes information like users’ full names, email addresses and encrypted passwords, according to the report by security website CSOonline.com, which cited researcher Chris Vickery. […]
The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. Reuters/Jim Young BOSTON Networking equipment maker Cisco Systems Inc said on Monday it has launched a product review to look for tampering after rival Juniper Networks Inc’s disclosure found code in firewall software that made it vulnerable to cyber attacks. Juniper warned customers on […]
Foreign Hackers Accessed U.S. Power Grid ‘Dozens of Times’ Recently, a private security researcher hot on the trail of hackers who stole information from a California university’s housing files discovered something far more nefarious: the attackers had found a way into networks running America’s power grid. That security researcher was Brian Wallace. Those attackers appear to be based in Iran. According to his research, these bad actors […]
STOCKHOLM Swedish mobile telecom gear maker Ericsson announced it had signed a patent licence deal with Apple Inc, ending a year-long dispute and sending its shares up 7 percent on Monday. Ericsson did not specify how much it would earn from the deal but estimated overall revenue from intellectual property rights in 2015 would hit 13 to 14 billion crowns ($1.52-$1.64 billion), including positive effects from the […]
There is an old cliché that goes, “they don’t make them like they used to.” With the pronounced computerization of contemporary cars in mind, that adage certainly stands tall. More than 50 percent of vehicles sold this year connect to the Internet in one or more ways, and it is predicted by 2025, every car will be connected in multiple ways. That brings up the issue of car hacking. […]
The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this file photo illustration taken in Madrid on December 10, 2014. Reuters/Sergio Perez/Files SAN FRANCISCO The U.S. Department of Justice is pursuing a criminal investigation of a May 2014 data breach at ride service Uber [UBER.UL], including an examination of whether any employees at competitor […]
