How do big data people go about making end-of-year reviews and predictions? Using data is the obvious answer, but there’s a few issues with that approach: there is no synthesis in data alone — you have to find the story behind data, pick an angle and seek meaning. In addition, that approach does not account for subtle hints, industry knowledge, and big ideas. To paraphrase Carl Sagan, […]
After the legalization of recreational marijuana in the state of Washington in 2012, its use among adolescents increased while the perceived risks associated with it dropped. According to a recent study, adolescents in the eighth and 10th grade are less concerned about the negative effects of the use of marijuana. The research, carried out at the University of California, Davis, was published in the journal JAMA Pediatrics and it […]
From an architecture pioneer to legends of screens, music and stage , the Arab world has lost its share of icons and stars in 2016. Here are some of those who we bid farewell to. Zaha Hadid October 31 1950 – March 31 2016 Born in Baghdad, Iraq, the award winning Iraqi-British architect pushed architectural boundaries with her designs and broke new grounds for female architects in […]
On October 17, every employee at Dentsu — Japan’s biggest advertising agency and arguably the country’s most influential company — received the same, catastrophic-sounding message from the company’s president, Tadashi Ishii. “The approved way of working at our company cannot be accepted by stakeholders, including the authorities,” said the memo, according to media reports. Coming a month after Dentsu was caught overbilling hundreds of clients, and just […]
M&A: back with a bang Deal activity was vigorous with much of it concentrated just below the level of the industry’s biggest companies. Nasdaq bought International Securities Exchange for $1.1bn, while CBOE Holdings announced a $3.2bn deal for Bats Global Markets in September. Of most significance, the pending €24bn tie-up between London’s LSE Group and Deutsche Börse, which will create Europe’s largest exchange. As the chart above […]
(Image: file photo) Legacy vendors and the cloud The cloud has devastated revenue, growth and margins of legacy vendors. Any CFO can look online to see what similar capacity, performance, and higher availability costs compared to the huge capital costs of traditional RAID arrays. 2016 saw the world’s largest independent storage company — EMC — bought by Dell, after shopping itself to all the big system vendors. […]
29 December, 2016 ISLAMABAD: Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan has expressed his readiness to join any grand alliance of opposition parties, including the Pakistan Peoples Party (PPP), on the Panama Papers scam. “If opposition parties form any alliance on the issue, we are ready for it, but not for (coming general) elections,” he said during a talk with reporters at his Banigala residence […]
29 December 2016 Munich. As 2016 comes to a close, BMW is able to look back on a highly successful year with well over 50 national and international awards and distinctions. As in the past, vehicles of the brand were highly rated by juries across a range of different categories and topics, frequently finishing at the top of the winners’ rostrum. The awards reflect not just outstanding […]
BEIJING A Chinese general is being investigated for suspected bribery, the defence ministry said on Thursday, a man connected to the jailed former domestic security chief and one of the most senior incumbent military officials to be targeted for graft. Military prosecutors had already opened a case into Wang Jianping, a deputy chief of the joint staff department under the powerful Central Military Commission, ministry spokesman Yang […]
Shares in Toshiba fell 17 per cent to ¥257 on Thursday, taking the total loss of equity value to more than 40 per cent since the Japanese company announced that it was facing a multibillion-dollar writedown at its US nuclear division Westinghouse. As investors continued to digest Tuesday’s warning, shares in some of Japan’s biggest banks slid after the electronics-to-nuclear conglomerate raised the prospect of losses on their […]
ISTANBUL Prominent Turkish journalist Ahmet Sik on Thursday said he was being detained by authorities over a Twitter statement he made while an opposition lawmaker who spoke to him said the reporter was being accused of terrorist propaganda. At least 81 journalists are imprisoned in Turkey, according to the New York-based Committee to Protect Journalists (CPJ), with more than 130 media outlets shut since a failed coup […]
|By Arabian Post Staff| There is a greater national focus on achieving operational efficiency across sectors in the Middle East – and one notable area that stands to benefit immensely from embracing digitally-enabled solutions is utilities, Booz Allen Hamilton says in its energy trend forecasts for 2017. Change continues to be the defining feature of the global energy sector in 2017. In the oil and gas industry, […]
Saudi Arabia has announced a timeline for implementation of a tax on harmful products including soft drinks and cigarettes, and said it has completely ruled out income tax contrary to previous reports, according to an official document. The Fiscal Balance Program 2020 report, published by the Saudi government last week, said the kingdom would impose a 50 percent tax on soft drinks and a 100 percent tax […]
This year has been tough-going in more ways than one and, by most accounts, Singapore’s economy is expected to be heading for rougher seas in 2017. According to a survey by the Singapore Business Federation, 63 percent of local companies said the economic climate worsened in 2016 and 48 percent believed the downward spiral would continue in the new year. The Monetary Authority of Singapore also warned […]
Sprint has revealed that it is going to hire about 5,000 personnel, and U.S. President-elect Donald Trump quickly claimed credit for purportedly negotiating the deal. Trump has lumped those figures with the 3,000 new hires planned by a startup called OneWeb, for a grand total of 8,000 new jobs, which Trump has promptly announced as very good news for the economy. Sprint is owned by Japanese firm […]
ABU DHABI // Five hundred taxis at Dubai airport will soon be equipped with free WiFi. Telecoms firm du has signed an agreement with Dubai Taxi Corporation of the Roads and Transport Authority to provide passengers with free internet and smart screens in the airport cab fleet. “Our cooperation with du to provide internet and smart screens across our Dubai Airport fleet embodies the Smart Dubai strategy […]
For France, 2016 ends as it began, with the nation under a state of emergency following terrorist outrages and in anticipation of more to come. The warnings of French leaders of potential further attacks have come gloomily true. Even last month, as the French centre-right party Les Républicains was choosing the Thatcherite Francois Fillon as its candidate in the presidential elections, ISIL was attempting to inflict further […]
Two years ago, James Garstang, a brewer at the Kernel Brewery, one of London’s most popular microbreweries, was approached by a friend about an opportunity abroad. “He said: ‘If you are interested in some karma and curry, then I have a potential job for you,’” Mr Garstang recalls. Less than a month later, the Londoner was living and working in Gwalior, a midsized city in India five […]
Israel is clearly now on a path toward absorbing the West Bank’s 2.8 million Palestinians. There are already 1.7 million Arabs living in Israel, so putting these two Arab populations together would constitute a significant minority with a higher birthrate than that of Israeli Jews — who number 6.3 million — posing a demographic and democratic challenge. Continue reading the main story I greatly sympathize with Israel’s […]
Almost all – nine in 10 – Middle East workers believe that employee loyalty is tied to higher productivity, but ‘loyalty’ for them is no longer about remaining in the same company for a long period of time, a survey suggests. Recruitment website Bayt.com surveyed 8,223 respondents from countries including the UAE, Algeria, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Tunisia, Qatar, KSA and Yemen between November and […]
TOKYO The president of Dentsu Inc, Japan’s largest advertising agency, will step down over the “death by overwork” of a young employee, a suicide which has prompted official probes and fresh hand-wringing over Japan’s overtime culture. Matsuri Takahashi, a promising graduate of Japan’s top university, leapt to her death in December 2015, leaving behind a trail of grievances over relentless days. She clocked 105 hours of overtime […]
Front pages on Wednesday led with a last salute to actress Carrie Fisher, who died on Tuesday at age 60. Many of the fronts feature images of Fisher in her iconic role as Princess Leia in the “Star Wars” franchise. Here’s a quick collection, via Newseum: United States: Brazil: Canada: Colombia: France: United Kingdom: Kristen Hare covers the media for the Poynter Institute. Her work for Poynter […]
Aliens may be communicating to us in the form of fast radio burst (FRB) signals, scientists believe. Two separate groups of astronomers have recently discovered radio bursts coming from the Auriga constellation, which is about 3 billion light years away from the Milky Way galaxy. According to a report filed in The Astrophysical Journal, the Green Bank Telescope in West Virginia discovered five radio bursts coming from the Auriga […]
ABU DHABI // Large dumpsters are to be replaced by bins for segregated waste to ensure that the target of reducing landfill by 85 per cent is met. Tadweer, the waste management company for Abu Dhabi, said it would introduce black bins for general waste and green bins for recyclables for all residential buildings in city. It will also send out separate bin lorries to pick up […]
