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A man is seen near cyber code and the U.S. National Security Agency logo in this photo illustration taken in Sarajevo March 11, 2015. Reuters/Dado Ruvic SAN FRANCISCO Internet traffic to Wikipedia pages summarizing knowledge about terror groups and their tools plunged nearly 30 percent after revelations of widespread Web monitoring by the U.S. National Security Agency, suggesting that concerns about government snooping are hurting the ordinary […]

Apple Inc (AAPL.O) on Tuesday posted its first-ever decline in iPhone sales and its first revenue drop in 13 years as the company credited with inventing the smartphone struggles with an increasingly saturated market. The company’s sales dropped by more than a quarter in China, its most important market after the United States, and it also forecast another disappointing quarter for global revenues. Its shares fell about […]

Verizon Deploys OpenStack NFV in 5 U.S. Data Centers Working with Big Switch Networks, Dell and Red Hat, Verizon said it has just wrapped up “the industry’s largest-known” network functions virtualization (NFV) OpenStack cloud deployment across five of its data centers in the U.S. NFV enables network services typically provided by separate devices like routers, firewalls and load balancers to be delivered through a virtual machine environment. […]

DUBAI // Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, wants driverless transport to account for 25 per cent of journeys in the emirate by 2030. The announcement was made on the opening day of the second Mena Transport Congress and Exhibition, an event organised by the Roads and Transport Authority – as a 10-seater driverless vehicle went on a trial run in the emirate. […]

The Lexus NX is a vehicle of firsts for the luxury brand from Toyota. It was the first compact crossover from Lexus, the first with a turbocharged engine, and the first example of a more extreme design language. This new, aggressive exterior styling is now showing up on other Lexus models, like the new RX 350 F Sport we tested earlier this month. While some won’t like […]

BANGKOK After more than two years of riding high on growing demand for cloud data storage, Thailand’s hard disk drive exporters are bracing for a fall from grace. Data due later on Monday will likely show Thai exports of hard disk drives (HDDs) in March extended a run of double-digit growth after jumping 45 percent in the first two months of 2016 to $1.1 billion. The rise […]

|By Arabian Post Staff| Road sensors, cameras and traffic light systems face the risk of hacking and the data collected by these devices could be compromised with unforeseen results, endangering the security of both road users as well as city administrations. Leading cyber security company Kaspersky Lab experts have, after extensive field research, proved that the data gathered and processed by these sensors can be dramatically compromised […]

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UAE. ​​JLL, the world’s leading real estate investment and advisory firm, today released its first quarter (Q1 2016) Dubai Real Estate Market Overview report, assessing the latest trends in the office, residential, retail and hotel sectors. In Q1 2016, it has been observed that most segments continue to soften across the Dubai market, but long term outlook still remains positive due to future growth drivers. Commenting on […]

UAE. The latest Global Economic Conditions Survey from ACCA and IMA, released today, found that more half of firms are either cutting or freezing employment, while only 14% are increasing investment in staff. Responding to the findings, Faye Chua, ACCA head of business focus said: “Take North America out of the equation and the economic picture painted by this survey isn’t a pretty one. Emerging markets are […]

A lot of factors go into helping Facebook determine which News Feed items appear first on a user’s page. This week, the company has added new considerations to ensure it delivers interesting content that’s geared specifically to each user. One of the new factors being added to the News Feed algorithm is time spent viewing an item. Facebook figures that the longer a user reads or views […]

|By Dr Xiaoxi He, Technology Analyst, IDTechEx| Many interests have been raised within the battery business in 2015 through a number of activities: the launch of Tesla’s Powerwall with low prices supported by the capability of Gigafactory, Apple’s patent relating to charging and managing power in a device with solid-state batteries, LG Chem’s opening of a mega battery plant in Nanjing, Bosch’s purchase of polymer solid-state battery companySeeo, etc. Not to mention the tremendous number of investment, acquisitions, partnerships and joint ventures. At the same time, new battery technologies are appearing […]

Oil tumbled after output talks Sunday between the world’s biggest producers ended without an agreement, outweighing the supply impact of strikes that cut 60 percent of Kuwait’s output. Futures fell as much as 6.8 percent in New York. The summit in the Qatari capital faltered after Saudi Arabia and other Gulf nations wouldn’t agree to a deal unless all OPEC members joined including Iran, which didn’t attend the […]

Saudi Arabia won’t restrain its oil production unless other producers, including Iran, agree to freeze output at a meeting this weekend in Doha, the kingdom’s deputy crown prince said. The world’s biggest crude exporter would cap its market share at about 10.3 million to 10.4 million barrels a day, if producers agree to the freeze, Prince Mohammed bin Salman said during an interview on Thursday at King […]

|By Arabian Post Staff| The cut in housing allowances implemented by companies in Abu Dhabi is creating further strain on the higher end of the emirate’s residential market, according to Cluttons Abu Dhabi Spring 2016 Property Market Outlook. This underscores the need to address the capital’s lack of affordable housing options, Cluttons said. Cluttons’ Abu Dhabi Spring 2016 Property Market Outlook report shows that the shrinking pool of […]

|By Arabian Post Staff| The way gold is bought and sold in London, the world’s largest gold-trading hub, may finally give way to newer methods to ensure that the city retains its status as a major gold hub. Currently, more gold is sold and bought in New York and Shanghai than London. Reports suggest that the London Bullion Market Association and the World Gold Council are pursuing […]

Microsoft Corp. apologized after Twitter users exploited its artificial-intelligence chat bot Tay, teaching it to spew racist, sexist and offensive remarks in what the company called a “coordinated attack” that took advantage of a “critical oversight.” “We are deeply sorry for the unintended offensive and hurtful tweets from Tay, which do not represent who we are or what we stand for, nor how we designed Tay,” Peter […]

|By Lawrence Williams| The most recent call by Goldman Sachs to once again sell gold short has not, so far been a good move by the investment bank, and it comments in its latest research that it is down 5% on the call – with a stop loss indicated at 7%.  But, it also reiterates that it remains confident in its bearish viewpoint and that it still stands […]

Consumers who like doing a little armchair R&D will soon get their chance, thanks to a new initiative from Sony. The electronics giant has established what it’s calling the Future Lab Program to help the company employ user feedback to refine and improve new products. The newfangled research and development effort has the goal of releasing concept prototypes that will eventually evolve in an open, creative environment […]

/By Nitten Nair/Being in between jobs is one of the most stressful periods one can face irrespective of whatever stage one is in the career. For the junior levels, it can lead to doubt in one’s capabilities and the feeling of being on the back foot at the early stages of a career. Mid to senior levels are concerned about having a break in their career and […]

|By Arabian Post Staff| Stability in office rents in Dubai’s main markets persisted throughout Q1 2016 as a result of continued high demand from both international and domestic occupiers, according to leading real estate consultancy Cluttons. Showcasing the performance of 22 submarkets across the city in the first quarter of the year with the use of heat maps, Cluttons’ first office market bulletin highlights that, 13 submarkets […]

Crude oil surged the most in seven years, rebounding from the lowest in more than a decade as equities rallied. Volatility jumped. Futures rose 12 percent in New York and 11 percent in London. U.S. stocks halted a five-day slide that dragged global equities into a bear market. Producers are ready to work together and won’t make cuts unless there’s complete cooperation, United Arab Emirates Oil Minister Suhail […]

Gold and its miners’ stocks are rocketing higher as speculators and investors alike return to this left-for-dead sector.  This sudden deluge of capital inflows has crowned gold stocks the best-performing sector of this young new year by far, shocking traders.  And this stunning reversal of fortunes in both the metal and the companies producing it is only starting, so it’s exceedingly important to understand what’s going on. […]

Symantec is the king of tech security. Yet the Norton antivirus software maker just took a $500 million strategic investment from Silver Lake Partners, a firm known for making technology investments in companies like Dell. The question is why? Why exactly would the king of tech security need such a massive amount of cash from an outside investor? Has something gone wrong inside the company’s software machine? […]

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 […]

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