Explore the latest in business and consumer technology with Arabian Post’s Biz Tech section — your hub for cutting-edge innovation, Future Dubai tech, and emerging digital trends. From AI, fintech, and cybersecurity to smart cities, mobility, and personal tech, we cover the breakthroughs shaping tomorrow’s world today.
The U.S. Department of Justice is pursuing a criminal investigation of a May 2014 data breach at ride service, including an examination of whether any employees at competitor Lyft were involved in the episode, sources familiar with the situation said. Full ArticleThis entry passed through the Full-Text RSS service - if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.
People ride a double bicycle past a logo of The Alibaba Group at the company's headquarters on the outskirts of Hangzhou, Zhejiang province November 10, 2014. Reuters/Aly Song/FilesSHANGHAI Alibaba Group Holding Ltd has agreed on a HK$2.06 billion ($265.8 million) deal to acquire the South China Morning Post and other media assets of SCMP Group Ltd, the newspaper group said in a statement on Monday.Alibaba and SCMP Group Ltd said on Friday that the Hangzhou-based company would buy the 112-year-old English
/Reuters/Eric Thayer/Files/ SAN FRANCISCO Twitter Inc issued an alert to some users warning them that state-sponsored hackers may have tried to obtain sensitive data from their accounts, the company said, the first such warning by the micro blogging site. The notice said there was no indication the hackers obtained sensitive information from what it said were a "small group of accounts" targeted. It did not provide additional information about the attack or possible suspects in its investigation. Twitter's notice is the latest amid
Recording artist Taylor Swift arrives at the 2015 MTV Video Music Awards in Los Angeles, California, August 30, 2015. Reuters/Danny Moloshok/Files NEW YORK Apple Inc won a deal with pop star Taylor Swift to exclusively release a concert video of her recent world tour through its music streaming service, Apple Music, the company and singer said on Sunday.Swift, who celebrated her 26th birthday on Sunday, tweeted a trailer for the "1989 World Tour Live" concert video and said: "Thank you so
Tesla CEO Elon Musk speaks about new Autopilot features during a Tesla event in Palo Alto, California October 14, 2015. Reuters/Beck Diefenbach SAN FRANCISCO Tesla Motors Inc Chief Executive Officer Elon Musk and other prominent tech executives are pouring $1 billion into a non-profit aimed at creating artificial intelligence that augments humans' capabilities, rather than making them obsolete.The effort announced on Friday, called OpenAI, joins significant investments from companies such as Alphabet Inc's Google, Facebook Inc and Amazon.com Inc, which have
|By Arabian Post Staff| AstroLabs, Google -backed technology hub, is helping regional entrepreneurs to grow their startups. AstroLabs opened in October, with 42 startups picked from among 250. The facility features a device lab designed by Google is equipped with iPhones, Android smartphones, tablets and computers, which can be used by startups to test their mobile applications and content.One of the aspiring entrepreneurs is Lamia Tabbaa-Bibi, creator of IReadArabic.com, a digital library with more than 100 books for children. She got a business
NEW YORK The website for Trump Towers, Donald Trump's glitzy signature skyscraper in Manhattan, went offline for at least an hour on Friday after activist hacking group Anonymous denounced the real-estate mogul and Republican presidential front-runner for his anti-Muslim comments.The website for the 68-story Trump Towers (trumptowerny.com), often used for his presidential campaign, was down after a tweet from an account associated with the anonymous hacking collective that said: "Trump Towers NY site taken down as statement against racism
A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. Reuters/Kacper Pempel/Files WASHINGTON More than a million victims of a massive hack of U.S. government computer files have still not been officially notified that their data was compromised and that they are eligible for free credit-monitoring protection, officials said on Friday.The government this week finished sending notifications through the Postal Service to 21.5 million people affected by the breaches, said the Office of Personnel
WASHINGTON For artificial intelligence and smart machines to really take off, computers are going to have to be able to think more like people, according to experts in the field. Researchers are now making important progress toward that goal.Scientists said on Thursday they had created a computer model, or algorithm, that captures the unique human ability to grasp new concepts from a single example in a study involving learning unfamiliar handwritten alphabet characters.This work as well as research like
Facebook at Work, Facebook Inc's (FB.O) professional version of its social network, is expected to launch in the coming months, after spending a year in tests, a company executive said.The new service, geared towards workplace collaboration, is nearly identical to its ubiquitous social network, with a scrolling news "feed", "likes" and a chat service."I would say 95 percent of what we developed for Facebook is also adopted for Facebook at Work," Julien Codorniou, director of global platform partnerships at
The Twitter logo is shown at its corporate headquarters in San Francisco, California April 28, 2015. Reuters/Robert Galbraith/Files Twitter Inc (TWTR.N) said it was testing a feature to show advertisements to people who read tweets without logging in, as it tries to make good on its long-time ambition to monetize non-active users.The company said the feature will help it cash in on an additional half a billion people each month, pushing its shares up as much as 7.8 percent to $26.21
At Microsoft’s annual general meeting yesterday, former CEO Steve Ballmer made his opinions on the company’s current course crystal clear. For one thing, he thinks Microsoft's universal Windows app strategy is not destined to succeed. For another, the company needs to focus more on whether Windows Phone handsets can run Android apps, he said.Ballmer also said that the company should disclose profit margins and sales for its cloud and hardware businesses. "It’s sort of a key metric -- if they
/By Larry Loeb/Microsoft and Volvo Friday announced a new partnership that aims to redefine the car-buying experience using Redmond's HoloLens augmented reality headset.The two companies conducted a demonstration of the holographic computer powered by Windows 10 at Microsoft's global headquarters to show off how HoloLens can be used by consumers to configure cars in three dimensions, and examine the interior of a car, or look at its drivetrain in action. The headset lets wearers overlay digital objects on the world
|By Arabian Post Staff| The latest appendix to the Ericsson Mobility Report for the Middle East and North East Africa reveals that mobile data traffic will experience 16 times growth by 2021.This massive growth will be driven by availability of affordable smartphones, coupled with availability of mobile broadband networks in highly populated countries, increased number of subscribers moving to faster networks and growth of the video consumption.Despite the extreme market variations in terms of Information and Communications Technology Maturity (ICT)
|By TAP Staff| Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, announced today the establishment of a jointly-owned subsidiary in Riyadh, Saudi Arabia, to support the company’s growing regional presence. The primary focus will be to strengthen Orbital ATK’s existing alliances in the country and collaborate with the Kingdom of Saudi Arabia to help it realize its self-sufficiency objectives in national security, defense and training.Orbital ATK plans to work in partnership with local Saudi industry
AUCKLAND, New Zealand The next revolution in space, making humdrum what was long the special preserve of tax-funded giants like NASA, will be launching next year from a paddock in New Zealand’s remote South Island.The rocket launch range is not just New Zealand's first of any kind, but also the world's first private launch range, and the rocket, designed by Rocket Lab, one of a growing number of businesses aiming to slash the cost of getting into space, will
A Dell logo is pictured on the side of a computer in this photo illustration in the Manhattan borough of New York October 12, 2015. Reuters/Carlo Allegri NEW YORK Dell Inc is preparing to sell around $10 billion in non-core assets, including software and services, to reduce the heavy debt load it will be taking on to buy EMC Corp (EMC.N), according to people familiar with the matter.Dell, which will assume $49.5 billion of debt once the merger with EMC is
Google's Project Wing drone is seen in this undated demonstration video. Reuters/Courtesy of Google WASHINGTON Internet giant Alphabet Inc (GOOGL.O), the new holding company for Google, expects to begin delivering packages to consumers via drones sometime in 2017, the executive in charge of its drone effort said on Monday.David Vos, the leader for Alphabet's Project Wing, said his company is in talks with the Federal Aviation Administration and other stakeholders about setting up an air traffic control system for drones that
The price range for mobile payments company Square Inc's initial public offering will be set this week and its shares will start trading in the week before Thanksgiving, CNBC said in a tweet on Monday, citing sources.The company, headed by Twitter Inc (TWTR.N) Chief Executive Jack Dorsey, filed for an IPO on Oct. 14.Square's roadshow, which will likely take Dorsey across the globe to drum up interest for an IPO, will begin next week, CNBC said.Neither Twitter nor Square has
A logo is pictured at Google's European Engineering Center in Zurich April16, 2015. Reuters/Arnd Wiegmann/FilesWASHINGTON Google, which hopes to revolutionize consumer deliveries via drone, expects to begin delivering packages to customers by unmanned aircraft sometime in 2017, an executive said on Monday."Our goal is to have commercial business up and running in 2017," David Vos, the project lead for Google's Project Wing, told an audience at an air traffic control convention outside Washington. (Reporting by David Morgan)This entry passed through
People use their cell phones in Mexico City, October 8, 2015. Reuters/Edgard Garrido/Files LONDON Thumbing through guide books for restaurant and shopping tips while on holiday could soon be a thing of the past, thanks to mobile travel technology that knows where you are and what you like and can ping you personalised recommendations.People are increasingly turning to their mobile phones to book flights, hotels and make other travel-related purchases, with $96 billion, or 12.5 percent of global online travel sales,
Adi Robertson|Theverge|Be cautious about trusting Microsoft's on-stage HoloLens demos. While the company has released videos that capture the augmented reality experience reasonably well, its events invariably show off whole rooms full of holograms — which is actually one of the the headset's weaker areas. So it's better to think of Project X-Ray, which Microsoft publicly unveiled today, as a vision of what augmented reality could look like. Robo-scorpions! They will burst from your walls! And you have to shoot them! With
The Twitter logo is shown at its corporate headquarters in San Francisco, California April 28, 2015. Twitter Inc. cut its full-year revenue forecast due to weak demand for its direct response products, sending its shares down as much as 24 percent on Tuesday.Twitter said it
A Microsoft logo is seen at a pop-up site for the new Windows 10 operating system at Roosevelt Field in Garden City, New York July 29, 2015. Reuters/Shannon Stapleton/Files Microsoft Corp unveiled on Tuesday its first laptop, a line of Lumia smartphones, a new Surface Pro tablet and an updated version of its wearable fitness tracker, Microsoft Band, all running on Windows 10, its latest operating system.Microsoft is counting on Windows 10, launched in July, to help it win a bigger
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. Reuters/Mike Segar/Files NEW YORK Apple Inc's antitrust compliance program has improved, but the company continues to impede a court-appointed monitor overseeing the program, acting as "its own worst enemy," the monitor told a federal judge in a report made public on Tuesday.Michael Bromwich, who was assigned to monitor Apple’s internal antitrust policies after U.S. District Judge
Letters spell the word ''Alphabet'' as they are seen on a computer screen with a Google search page in this photo illustration taken in Paris, France, August 11, 2015. Reuters/Pascal RossignolGoogle, which has now morphed into holding company Alphabet Inc (GOOGL.O), is in talks with messaging startup Symphony Communication Services LLC for a round of fundraising, a person familiar with the matter told Reuters.Symphony's chat service allows financial firms, corporate customers and individuals to put all of their digital communications on
A logo is pictured at Google's European Engineering Center in Zurich April16, 2015. Reuters/Arnd Wiegmann/FilesMOSCOW Russia's anti-monopoly agency said on Monday that Google Inc (GOOGL.O) had until Nov. 18 to address charges that it was abusing its market position in the country.The FAS anti-monopoly body said Google must correct its contracts with manufacturers after ruling in September that the software giant had broken the law by pre-installing certain applications on mobile devices.The case, launched by local competitor Yandex (YNDX.O) (YNDX.MM), is
A Volkswagen logo adorns a sign outside a dealership for the German automaker located in the Sydney suburb of Artarmon, Australia, October 3, 2015. Reuters/David GrayBERLIN The head of the European Parliament told a group of German regional newspapers that the emissions scandal at Volkswagen (VW) would hit the German economy hard but Europe's biggest carmaker was likely to survive the crisis.Germany's finance and economy ministers have played down the risk of a broader economic danger for Germany from the scandal."It's
Letters spell the word ''Alphabet'' as they are seen on a computer screen with a Google search page in this photo illustration taken in Paris, France, August 11, 2015. Reuters/Pascal RossignolGoogle Inc has morphed into Alphabet Inc.After U.S. markets closed on Friday, Alphabet replaced Google as the publicly traded company that will house Google's search and Web advertising businesses, maps, YouTube and its "moonshot" ventures such as driverless cars.Google's class A shares (GOOGL.O) and class C shares (GOOG.O) will automatically convert
Letters spell the word ''Alphabet'' as they are seen on a computer screen with a Google search page in this photo illustration taken in Paris, France, August 11, 2015. Reuters/Pascal RossignolGoogle Inc has morphed into Alphabet Inc.After U.S. markets closed on Friday, Alphabet replaced Google as the publicly traded company that will house Google's search and Web advertising businesses, maps, YouTube and its "moonshot" ventures such as driverless cars.Google's class A shares (GOOGL.O) and class C shares (GOOG.O) will automatically convert
Discount broker Scottrade said on Friday that it was the victim of a cyber attack from late 2013 to early 2014 that compromised client names and addresses in a database with information on some 4.6 million customers.The firm said it learned about the attack from federal law enforcement officials who were investigating the theft of data from Scottrade and other financial services firms. The company did not identify other potential victims. FBI officials could not be reached for comment.News of
Boxes move on a conveyor belt at a Wal-Mart Stores Inc company distribution center in Bentonville, Arkansas June 6, 2013. Reuters/Rick Wilking/Files ATLANTA Wal-Mart Stores' expanding network of large distribution centers will allow it to deliver packages throughout the United States in two days, setting it up to compete more efficiently in online holiday sales, a senior executive said on Thursday.Competition with online rivals including Amazon.com, which recently surpassed it in market value, has heated up and Wal-Mart has committed as
Boxes move on a conveyor belt at a Wal-Mart Stores Inc company distribution center in Bentonville, Arkansas June 6, 2013. Reuters/Rick Wilking/Files ATLANTA Wal-Mart Stores' expanding network of large distribution centers will allow it to deliver packages throughout the United States in two days, setting it up to compete more efficiently in online holiday sales, a senior executive said on Thursday.Competition with online rivals including Amazon.com, which recently surpassed it in market value, has heated up and Wal-Mart has committed as
People wait in line as the Apple iPhone 6s and 6s Plus go on sale at an Apple Store in Los Angeles, California September 25, 2015. Reuters/Jonathan AlcornREUTERS - Apple Inc said on Thursday it appointed James Bell, Boeing Co's former chief financial officer, to its board.Bell, who was Boeing's CFO from 2003 to 2012, is on the board of several other companies, including JPMorgan Chase & Co and Dow Chemical Co.He also served as Boeing's interim chief executive for several