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Fraugster, a German and Israeli startup that has developed Artificial Intelligence (AI) technology to help eliminate payment fraud, has raised $5 million in funding. Earlybird led the round, alongside existing investors Speedinvest, Seedcamp and an unnamed large Swiss family office. The new capital will be used to add to Fraugster’s headcount as it expands internationally. Founded in 2014 by Max Laemmle, who previously co-founded payment gateway company […]

SEOUL South Korean conglomerate Samsung Group said on Monday it could not accept the special prosecutors’ accusations that its leader, Jay Y. Lee, paid bribes to further his succession or the merger of two affiliates in 2015. “It is difficult to understand the special prosecution’s decision,” Samsung Group said in an email statement in response to the special prosecutors’ decision to request an arrest warrant for Lee, […]

DUBAI/TEHRAN: Iran will not renegotiate its nuclear agreement with world powers, even if it faces new US sanctions after Donald Trump becomes president, Deputy Foreign Minister Abbas Araghchi said on Sunday.US “hostility” to Iran is growing day by day despite Tehran’s nuclear deal, the senior Iranian official said, ahead of the first anniversary of the historic accord.“The United States has done whatever it can do (to) slow […]

PRIEN, Germany Some 30 swimmers braved the frosty waters of Germany’s Chiemsee over the weekend, racing to be crowned “Ice King” of the famous lake near Munich. In driving snow, with air temperatures around freezing and water temperatures around 4 degrees Celsius, men and women competed in several disciplines such as breast stroke and freestyle in a 50 m course off the town of Prien. The lake […]

SYDNEY Plans to provide government support to keep open a 30-year-old aluminum smelter in Australia owned by Alcoa (AA.N) have made “progress”, parties involved in talks said on Monday without giving details. The government is offering financial support to help supply the Portland smelter in southern Australia with sufficient power in the wake of a blackout late last year that left it running at only one-third of […]

Your daily guide to community and cultural activities across the Emirates for January 16, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Nationwide New movie In Into the Forest, sisters Nell and Eva (Ellen Page (pictured) and Evan Rachel Wood) find themselves in a battle to survive on their own at their isolated home in the […]

Seldom have such small chips carried such a heavy load. China’s fledgling semiconductor industry, after a messy birth, now finds itself in the crosshairs of conflicting political goals in Beijing and Washington. Chips are a key plank of China’s industrial plans, attracting a massive $150bn government subsidy. This reflects national angst over reliance on overseas markets — it spends more on importing semiconductors than oil — and […]

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The Sea-based X-Band Radar has deployed out of Pearl Harbor after North Korean dictator Kim Jong Un recently said his country was in the “final stages” of test-launching an intercontinental ballistic missile. Media sources reported that the SBX was being sent about 2,000 miles northwest of Hawaii to watch for a possible North Korean launch in coming months. The Pentagon downplayed the floating radar’s Monday departure. As […]

By Richard Balmforth | PARIS PARIS Former Prime Minister Manuel Valls, long tipped to win the left-wing ticket for France’s presidential election this spring, trailed his rivals after a debate on Sunday where his immigration policies came under fire. In the televised debate, Valls faced six other contenders ahead of a Socialist primary starting on Jan. 22 to pick a candidate who can keep next May’s presidential […]

The media was rife with ‘I told you so’ headlines yesterday, after reports from more unnamed sources said the first order of business for the Trump administration was to hold a summit with Vladimir Putin, in Iceland, just like Reagan did with Gorbachev, circa 1986. The headlines were smug and the Twitterati of newly born left wing militarist war mongers were resplendent with calls for martial law or […]

Human rights organizations from all over the world have flooded American President Barrack Obama’s office with more than a million signatures asking the president to pardon NSA whistleblower Edward Snowden. Edward Snowden, former employee of the NSA in the U.S., copied and leaked classified information from the agency, disclosing illegal mass surveillance on Americans. The pardon request comes at a vital time in U.S. political history as […]

Happy New Year!  Along with the excitement and expectations each new year brings, 2017 marks a significant milestone for the Internet Society. This year, we celebrate 25 years of dedication to an open, secure Internet that benefits all people throughout the world. We all know how far the Internet has come since the early 1990’s, but today our work has never been more important. As the Internet […]

Image: Carnival The cruise industry is following the high-tech wave with the introduction of a new machine-learning wearable device for passengers that Carnival CEO Arnold Donald announced at CES 2017. A lot has been written about the move and it’s shaping up to be one of the most significant Internet of Things projects of 2017. We’ve covered it extensively on ZDNet and TechRepublic and here we’ve broken […]

BANGKOK Thailand faces more hardship from unseasonable floods that have killed 40 people in its south, with more rain expected in the major rubber-producing and tourist region in coming days, a top disaster agency official said on Sunday. Persistent heavy rain well into what should be the dry season has triggered floods across the south, cutting road and rail links, threatening crops and affecting about 1.6 million […]

BRUSSELS The European Union and the United States agreed on Friday to reduce legal and capital barriers to boost the $3 billion transatlantic insurance and reinsurance market. The accord has been under negotiation for more than a year and follows an agreement last year on derivatives. U.S. and EU representatives said in a joint statement they had reached a deal “that will ensure ongoing robust insurance consumer […]

Yazan Mohamad Al Nasser appointed CFO bringing more than 30 years of financial experience Experience in property and retail will benefit DIFC with expansion of the district underway 14 January 2017 Dubai, UAE – Yazan Mohamad Al Nasser has been appointed as the new Chief Financial Officer for the Dubai International Financial Centre Authority, the body overseeing the leading financial centre in the Middle East, Africa and […]

Photo President Recep Tayyip Erdogan of Turkey on Saturday. Legislation under debate could possibly allow him to remain in power until 2029. Credit Yasin Bulbul/Presidential Palace, via Reuters The Turkish Parliament began debating legislation on Monday that would effectively rewrite the Constitution, vastly expanding the powers of Turkey’s president, Recep Tayyip Erdogan, and possibly allowing him to remain in power until 2029. Mr. Erdogan, the dominant figure […]

A father and son team have created a liquid metal 3-D printing machine that could represent a significant transformation in manufacturing. The machine is so novel it represents a quantum leap in the ability to print three-dimensional objects in metal. Other metal printers exist, but most use a process of laying down powered metal and melting it with a laser or electron beam. (via WSJ)

PARIS/MILAN European carmakers were drawn into a widening probe of diesel emissions testing on Friday, with French prosecutors examining Renault and British authorities seeking answers from Fiat Chrysler Automobiles NV. Volkswagen’s VOW_p.DE admission that some of its diesel vehicles were fitted with software designed to hide their true level of emissions has highlighted that most cars spew out far higher levels of health-threatening nitrogen oxide (NOx) in […]

The Chiefs, who play the Pittsburgh Steelers on Sunday night in the playoffs, applied that philosophy en route to going 12-4, their best record since 2003, and winning the A.F.C. West for the first time in six seasons. Toub stresses it to newcomers and stalwarts alike, in meeting rooms and on the practice field, until they, too, understand. Twice in Toub’s four seasons, according to data compiled […]

Submitted by Gavin McInnes via TakiMag.com, Fake news site Buzzfeed just published a fake news story that is so fake, it’s not even fake news. “It’s just fake,” as Kellyanne Conway put it. The editor of Buzzfeed himself says he has “serious reason to doubt the allegations in it,” but he published it anyway because this is “how we see the job of reporters in 2017.” So, […]

DUBAI Saudi Arabia’s top religious authority has called cinemas and singing concerts harmful and corrupting, in a move that could complicate government efforts to introduce cultural reforms to the conservative kingdom. The comments by Grand Mufti Sheikh Abdulaziz Al al-Sheikh, published on his website, said cinemas and round-the-clock entertainment could open the door to “atheistic or rotten” foreign films and encourage the mixing of the sexes. Cinemas […]

Minister Without Portfolio Konrad Mizzi. Photo: Chris Sant Fournier During the year just ended the Labour government con­tinued to dig itself deeper into a culture of institutionalised corruption with persons occupying high government positions and those close to them partaking of the fruits of a corrupt system. A perfect example was the scandal revealed last year by leaked secret files where then health and energy minister Konrad Mizzi […]

I remember an epiphany of sorts I had one morning in Miami in 1991. I was in town as the national college football writer for the Chicago Tribune. A few years earlier, I was asked to participate in the Associated Press’ college football poll. Back then, there wasn’t a committee selecting four teams for a playoff. The national champion was determined by the AP media poll and […]

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