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Quantum computers promise to enable faster, far more complex calculations than today’s silicon chip-based computers. But they also raise the possibility that future computers could retroactively break the security of any digital communications that exist today, which is why Google is experimenting with something called “post-quantum cryptography.” While quantum computer development remains in its early stages, some such computers are already in operation. In theory, future generations […]

A Nintendo video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles, California, United States, June 17, 2015. Reuters/Lucy Nicholson TOKYO Shares in Japan’s Nintendo Co surged on Friday as consumers flocked to try out its new Pokemon GO smartphone game, raising hopes that the company’s long-awaited shift into mobile gaming will pay off. Seeking to protect its console business, the Japanese […]

Acura released details on the exotic NSX GT3 before it campaigns North America next year. The NSX GT3 is slated for homologation as an FIA GT3 class racer this fall, upon completing a round of development circuits in the United States. The twin-turbocharged beauty was undergoing testing recently at GingerMan Raceway in South Haven, Michigan. “Building on the very solid foundation of the production NSX, we’re making steady […]

In celebration of the upcoming Olympic Summer Games in Rio, Victorinox has created a limited edition, 24-karat gold plated version of their iconic Climber Pocket Knife. There’s a matching neck strap for added bling plus the 14 functions that have made the Climber one of the most popular Swiss Army knives of all time. Let’s block ads! (Why?) -Werd

|By Matein Khalid| The merger of Abu Dhabi banks First Gulf Bank and NBAD creates the largest bank in the Middle East, a regional colossus with $170 billion in assets, competitive funding cost in the global interbank/capital markets and a market value greater than Credit Suisse, Standard Chartered Bank (SCB) and Deutsche Bank. This is the biggest game changer event in UAE banking and finance since the […]

BEIRUT, Lebanon — As the start of the Muslim holy month of Ramadan approached, jihadist propagandists told their followers that it was a good time to kill people. The spokesman for the Islamic State said in late May that jihadists should “make it, with God’s permission, a month of pain for infidels everywhere.” Another extremist distributed a manual for using poisons, adding, in poor English: “Dont forget […]

ABU DHABI // The most academically gifted pupils in the country were rewarded for their hard work at a ceremony at the Emirates Palace hotel on Wednesday. One hundred and fifty high achievers from public schools received certificates from Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Cooperation, at the Best Achievers Awarding Ceremony There was jubilation at the ceremony, organised by Abu Dhabi Education […]

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DUBAI // Transport authorities in Dubai are drawing up regulations to govern companies such as Uber and Careem. “The law is already there, it exists, we are looking at the implementation,” said Adel Shakeri, the Roads and Transport Authority’s director of transportation systems of the transport services. “We want to ensure security, safety is our main concern, there have been some incidents in other parts of the […]

|By Matein Khalid| David Cameron, Wall Street’s elite, Mutti Merkel, Obama, the Eurocrats of Brussels, the great and the good of the City and the IMF’s Lady Christine all got it so horribly wrong. I slept Thursday night with sterling at 1.50 on New York and awoke to see it trade at 1.34 on Friday, a 30 year low before the Plaza Accords. Britain has voted to […]

The Interpreter By MAX FISHER When three suicide bombers attacked Istanbul’s main airport on Tuesday, killing at least 41 people, Turkey began a ritual that it has refined with so many recent bombings: looking for hints as to which of the country’s two major terror threats was responsible. Over the past year, Turkey has endured at least 14 major terrorist attacks, killing more than 200 people. The […]

Chipmaker Qualcomm is expanding its support for Google’s new mobile virtual reality technology, Project Tango, with today’s announcement that the technology will be supported on its popular Snapdragon 820 processor, along with future processors in the Snapdragon 600 and 800 tier. “Tango is an excellent example of the innovative thinking that delivers valuable next-generation mobile experiences today,” Brent Sammons, senior marketing manager at Qualcomm, wrote on the […]

BERLIN/LAGOS When German e-commerce investor Rocket Internet launched Jumia in 2012 as a would-be African Amazon, it was optimistic that a rapidly expanding middle class would quickly shift from street markets to shopping online. Four years on, falling sales for sites like Jumia and slower growth from Nigeria to Russia and Brazil is casting doubt on Rocket Internet’s ambition to become the world’s biggest Internet company outside […]

UAE. Deloitte’s Technology, Media & Telecommunications (TMT) practices highlight the increasing trends for connectivity and mobile phone usage across the board in Deloitte’s  latest report entitled: Global Mobile Consumer Trends. Both intensity in usage and ownership rates are increasing―in some categories more than doubling―pointing to dramatically changing consumer behaviors, and a shift towards non-voice communications such as text and instant messaging (IM). Deloitte conducted a survey designed […]

More memory is always in demand. SanDisk has a new solution for adding memory to your phone. The iXpand Memory case fits your iPhone 6 & 6 Plus & connects via the Lightning port. Everything you store in the case is encrypted. Available in 32 GB, 64 GB, and 128 GB models. Let’s block ads! (Why?) -Werd

UAE.  A new generation of young, highly motivated and mostly well-educated men and women is ready to take over leadership of their family businesses, according to Deloitte’s latest report conducted across the Europe, Middle East and Africa region entitled “Next-generation family businesses Evolution, keeping family values alive.” They are resolute and ready to face the challenges ahead in order to maintain the family character of the business […]

UAE.  Boardrooms’ awareness of cyber risks has been recently growing in Europe, Middle East and Africa, with cyber security ranking far up on the agendas of non-executive directors in the region, according to Deloitte’s recent report entitled “EMEA 360 Boardroom Survey: Agenda priorities across the region.” The report reveals that innovation is also gaining ground with 60% of respondents ranking it as a very important issue. These […]

INTERNATIONAL. The use of wearables in the workplace is being stalled by a lack of trust as people worry that their employer may use the data against them and not for their benefit, according to new PwC research. Despite an estimated 3 million people in the UK buying a wearable device in 2015 – a 118% increase from the previous year – PwC’s research shows that employees […]

What looks like an overbuilt, premium writing instrument is all that and then some. In addition to smooth writing with refillable Fisher Space ink cartridges, the titanium-tipped Zerohour Apex Tactical Pen can also function as a glass breaker and self-defense weapon. Let’s block ads! (Why?) -Werd

Rare Quran manuscripts, paintings and number plates auctioned to raise funds for Reading Nation campaign A priceless collection of historic manuscripts and artifacts is being auctioned at Madinat Jumeirah, Dubai to raise funds for the ongoing Reading Nation Ramadan campaign. Here’s our coverage of the event as it happened. (Inputs from Mary Achkhanian, Staff reporter) Campaign collects Dh40 million The charity auction held for Reading Nation campaign launched by […]

BAGHDAD — Long before Falluja was known the world over for deadly jihadists, it was known all over Iraq for its kebab — fatty lamb, ground and mixed with onion, grilled on a skewer over an open fire and served with a pinch of sumac — at a joint called Haji Hussein. Everyone, it seemed, ate at Haji Hussein: locals, soldiers, tourists and businessmen traveling the Baghdad-to-Amman […]

Protesters from the Anonymous India group of hackers wear Guy Fawkes masks as they protest against laws they say gives the government control over censorship of internet usage in Mumbai, June 9, 2012. Reuters/Vivek Prakash SAN FRANCISCO/ TORONTO At least a dozen countries are considering or have enacted laws restricting online speech, a trend that is alarming policymakers and others who see the internet as a valuable […]

|By Matein Khalid| Sterling sell off in the world currency markets and the sheer populist appeal of Boris Johnson suggests the world should not rule out a geopolitical shock that will unnerve financial markets and lead to the mother of all rate cuts at the Bank of England. If Britain votes to leave the EU, the only currency I want to own is the Swiss franc and gold, […]

After relishing a cocktail of cheap crude mixed with profits from fuel sales, Asia’s oil processors are facing their reckoning over a lack of restraint. Profits from turning crude into fuel in Asia since the beginning of April have averaged almost a third lower than levels over the previous six months, and are down 40 percent from the same period a year earlier. That’s already prompted some […]

Adobe’s Flash browser plug-in has been suffering a slow death by a thousand cuts, and today it learned of yet another. A blog post by a member of Apple’s Safari development team has revealed that the version of Safari due out this fall — Safari 10, set to ship with macOS Sierra — will arrive on users’ Macs with Flash deactivated by default. The aging and vulnerable […]

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