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By Pete Schroeder | WASHINGTON WASHINGTON U.S. Treasury Secretary Steven Mnuchin told lawmakers Thursday that the Trump administration does not actually support separating investment and commercial banks. The administration has previously expressed support for some return of the Glass-Steagall Act, which established a firewall between investment and commercial banking. But Mnuchin was explicit before the Senate Banking Committee that that vision did not include breaking up large […]

Alabbar and MEVP to accelerate the digital entrepreneurial ecosystem in the region Dubai, May 18, 2017 Middle East Venture Partners (MEVP) today announced that Mohamed Alabbar has acquired a large stake in the company to create one of the leading venture capital investment platforms in the Middle East and North Africa (MENA) region. MEVP is one of the largest venture capital firms in the MENA region with […]

Predictive analytics and machine learning are two technologies we’re hearing a lot about these days. But do they actually present real opportunities for business value? For Flexi-Van Leasing, one of the largest chassis providers in North America with 12 locations and a fleet of more than 130,000 units, the answer at this point is an emphatic “yes.” Cyberwar and the Future of Cybersecurity The company’s chassis units […]

A festival, unlike, say, a concert or exhibition, is a contained, utopian world, with a focus on a set of circumscribed pursuits. Like a highbrow summer camp for adults, festivals offer a jot of escapism, a chance to turn our attention away from some of the weightier issues of the past year. What makes them stand apart from other events is the joy of sharing the same […]

The event discussed latest technology developments, created business opportunities and tackled industry issues and challenges Qatar, Doha, 18 May 2017 Billed as Middle East’s premier event for the real estate and hotel industry, Hotelier Summit Middle East 2017 gathered once again some of the biggest names in the local and international hospitality sector to engage in focused face-to-face business meetings, discuss the latest technology developments, create business […]

Google Home was announced a year ago as an Alexa competitor that would serve as the foothold for the company’s new ambient search experience. The Home seemed likely to be a powerful competitor for Amazon Echo given the resources at Google’s disposal. That didn’t happen. When the Home launched, it was indeed stylish and produced well-rounded sound. But we at PCMag were confounded by its seemingly obvious […]

Google is opening its Instant App platform to all developers and embedding it into Android O–the latest version of the mobile operating systems. With the move, Google is likely to give business tech decisionmakers a bit more to think about. At Google I/O, execs outlined how developers can use Instant Apps to create mini applications that will improve interaction without downloading an app. Android O will have […]

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Australian enterprise software provider TechnologyOne has announced its enterprise software-as-a-service (SaaS) solution has been certified to the highest standard by the federal government. According to TechnologyOne, it is the first and only company in the country to receive the certification from the government’s Information Security Registered Assessors Program (IRAP), an initiative from the Australian Signals Directorate (ASD) aimed at providing high-quality IT services to government in support […]

Google chief executive Sundar Pichai delivers the keynote address at the 2017 Google I/O Conference, where he stressed the importance of artificial intelligence Google announced Wednesday it was bringing its digital assistant to Apple iPhones as part of its effort to win the battle with tech rivals on artificial intelligence. At its annual developers conference at an outdoor concert-venue near its main campus in Mountain View, California, […]

18 May 2017, Doha – Qatar   Qatar Financial Centre (QFC)’s Legal Department was awarded the Middle East “Legal Team of the Year” in the public sector (government departments, agencies or public bodies) at the Middle East Legal Awards 2017 held in Dubai, UAE.  The Middle East Legal Awards are co-hosted by the Association of Corporate Counsel and are the premier legal awards in the Middle East. This […]

Google has unveiled a new kind of standalone virtual reality headset that does not need to be wired to a PC or external sensors to offer more realistic graphics and movement tracking, in the hopes of kick-starting what has been sluggish consumer adoption of the technology. Device makers HTC and Lenovo are working with Google and chipmaker Qualcomm to launch the headsets starting later this year, Google […]

Jamie Dimon endured a rough ride at the annual meeting of America’s biggest bank on Tuesday morning, as shareholders repeatedly attacked the JPMorgan Chase chief over his ties to the administration of Donald Trump. In December Mr Dimon was named chairman of the Business Roundtable, a group of almost 200 CEOs which is among the most prominent lobbying groups in Washington. Mr Dimon, chief executive of JPMorgan […]

Capsule, a New York-based pharmacy delivery startup, has raised $20 million from Thrive Capital, founder Eric Kinariwala told TechCrunch editor Jordan Crook on stage today at Disrupt NY. The raise was first noted in the Wall Street Journal but Kinariwala came on stage today during our Founders Spotlight portion of the event to chat about his plans to cut out third-parties and streamline the supply chain to lower costs […]

Doha May 16, 2017 Doha Bank hosted a knowledge sharing event on “Regulatory Changes and Opportunities” on 15th May 2017 at Four Seasons Hotel, Doha, Qatar.  The Guest of the Honour in the evening was H.E. Mr. Nassir Abdul-Aziz Al-Nasser, UN High Representative for the Alliance of Civilizations. Mr. Ali Ibrahim Abdullah Al- Malki, Member of BOD of Doha Bank had also graced the occasion. The speakers […]

Workplace collaboration platform Slack is adding another new feature to its platform: screen sharing in video calls. Slack — which now has 5 million daily active users overall and 1.5 million users that are paying for the service — said screen sharing is an extension of its native calling feature, which can be accessed from any channel or direct message. To use Slack screen sharing, start a […]

Facebook Inc said on Tuesday it would refund some advertisers after finding a bug that wrongly attributed video carousel ad clicks as clicks to the advertisers’ websites. When users tried to expand and watch the video carousel on the mobile web browser, the bug inadvertently directed the click to the advertiser’s website, leading to incorrect billing, the company said in a blogpost on Tuesday. bit.ly/2rmYPg0. A video […]

Instagram just copied the last iconic Snapchat feature, introducing “face filters” that allow users to spice up their selfies with augmented reality elements. Facebook, Instagram and Snapchat have been playing a copycat game for a while now as Facebook gradually “borrowed” more Snapchat features and added them to its own services. The new Instagram selfie filters are like the cherry on top, crowning all other copied elements […]

Twitter co-founder Biz Stone is returning to guide the messaging platform’s internal culture, as it tries to turn around slow user growth and declining revenue in the face of increased competition. Jack Dorsey, Twitter chief executive and co-founder who returned to try to revive the company almost two years ago, asked Mr Stone back during a relaunch of the company’s weekly Friday afternoon tradition of Tea Time […]

VMware announced Tuesday that its Horizon Cloud will support desktop and application workloads on Microsoft Azure. As part of the deal, Horizon Cloud customers can choose to run a fully-managed public cloud infrastructure from VMware, public cloud infrastructure from Microsoft Azure, or a hyperconverged infrastructure (HCI) alternative that lets customers blend their own on-premise infrastructure and appliances. “The addition of VMware Horizon Cloud on Microsoft Azure puts […]

Dubai, 16 May 2017 At ICM Capital LTD, we’re committed to helping our clients transform the way they trade.  We know that simply being good for ICM Capital is not enough. We must also be good for our partners and the communities in which we live and work. We’re in a great position to make sure that we set an example in our world of trading. As […]

Image: Supplied SAP has announced that its Cloud Platform is now also offered as a multicloud environment, which will allow customers to develop and run apps via their choice of infrastructure providers. Customers will be able to use Amazon Web Services (AWS), in general availability; Microsoft Azure, under public preview; and the demo showcase of Google Cloud, in addition to full multicloud support through the SAP Cloud […]

Martin Draper, technology director at luxury retailer Liberty, says his big priority for 2017 is business intelligence. The firm gathers information from various sources and Draper wants to create a data-driven strategy that helps executives at the firm make smarter decisions quickly and effectively. He joined the world-famous retailer in March last year, having completed a 13-year IT leadership stint at Harrods. Throughout his career, Draper has […]

Vodafone redials its Indian impairment numbers. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Hailing from the country that gave India cricket, Victorian railway architecture and a penchant for bureaucracy, Vodafone might have expected a little goodwill on the subcontinent. Instead, India has given the British mobile phone operator a price war, […]

French startup Talent.io is turning headhunting into a marketplace by connecting promising engineers with tech companies. The company just raised $8.8 million (€8 million) from existing investors Alven Capital and Ventech. While Talent.io started with Paris, the company is now operating in other major European cities, such as Berlin and London. The startup acquired Webcrowd and Go Digital in order to do this. Engineers sign up when […]

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