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BofA outage shuts out thousands online

Bloomberg Bank of America Corp.’s (BofA) online-banking platform went down for several hours, leaving thousands of customers locked out of their accounts before service was restored. The outage started in the morning and began to be resolved midday. Bank of America’s website and app were both at full capacity in New York, according to a company spokesman. “Today, some of ...

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Amazon launches $1000 voice-controlled robot

Bloomberg Amazon.com Inc unveiled a home robot called Astro, a screen on wheels that works with the company’s Alexa voice software. The $1,000 bot, which Bloomberg first reported was in development in 2018, was shown at an Amazon event checking on pets while a user was away and following a child through the home during a video call. The device’s ...

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YouTube to remove videos with Covid-19 vaccine misinformation

Bloomberg YouTube will begin removing content questioning any approved medical vaccine, not just those for Covid-19, a departure from the video site’s historically hands-off approach. The division of Alphabet Inc’s Google announced that it will extend its policy against misinformation to cover all vaccines that health authorities consider effective. The ban will include any media that claims vaccines are dangerous ...

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Volvo reveals new materials for its leather-free cars

Bloomberg Fashion houses such as Stella McCartney and Victoria Beckham have long eschewed animal products in their wares, while automakers including Audi, BMW, Land Rover, and Tesla offer leather-free and sustainable interiors as options in their cars. So far, Volvo is among the very few brands to say it will not offer any leather at all, even as an option, ...

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Instagram pauses work on kids site

Bloomberg Facebook Inc said it’s pausing work on rolling out an Instagram Kids site after social networking company came under criticism for its negative effect on children, especially on teenage girls. Facebook said it’s not abandoning the idea to create a dedicated experience for kids under 13, but will take time to discuss with experts, parents and policymakers to “demonstrate ...

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Abu Dhabi real estate deals hit AED23.5bn in H1 2021

Abu Dhabi / WAM The Department of Municipalities and Transport (DMT) has announced that the 2021 first-half report for real estate transactions in Abu Dhabi reached AED23.57 billion. The H1 recorded value was achieved through 7,046 transactions, including transactions and mortgages of land, buildings and real estate units of all kinds. The report showed that the real estate sector in ...

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Sheikh Khalifa thanked by Greek president for helping fight wildfires

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has received a letter of thanks from President Katerina Sakellaropoulou of Greece, in which the latter expressed her gratitude for UAE’s efforts in helping extinguish wildfires that swept Greece recently. In her message, President Sakellaropoulou voiced her country’s thanks and appreciation for UAE’s assistance in confronting these ...

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UAE supports education sector in Comoros Islands

Moroni / WAM The UAE has handed over educational curricula in the Arabic language for the Kindergarten stage to the Comoros Islands as part of its desire to support the teaching of the language in the country. This came during a meeting between Saeed Mohammed Murshid Al Maqbali, the UAE Ambassador to Comoros, and Jaafar Salam Al-Alaoui, the Minister of ...

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Digital currency bridges can speed up global trade payments: CBUAE

Abu Dhabi / WAM The central bank of the UAE (CBUAE) together with the Bank for International Settlements (BIS) Innovation Hub Centre in Honk Kong, the Hong Kong Monetary Authority, the Bank of Thailand, and the Digital Currency Institute of the People’s Bank of China have issued the first Multiple CBDC Bridge (mBridge) Project report – a major milestone of ...

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FTA eases VAT refund process for Emiratis

Abu Dhabi / WAM The Federal Tax Authority (FTA) has new services designed to help UAE Nationals reclaim the Value-Added Tax (VAT) they incurred on their newly built residences with smooth and efficient procedures. The new services offer four different services that aim to raise the target audience’s awareness, provide them with easy access to information, allow them to communicate ...

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