Bloomberg Cisco Systems Inc., the biggest maker of the gear companies use to connect employees, said it’s expanding the use of artificial intelligence in its online collaboration and video-conference products to make meetings more useful and efficient. Menial tasks such as scheduling, taking notes and following up on requests will be taken care of by machines in the future, according …

DUBAI / Emirates Business Smart Solutions and IT Technology (SSIT), the region’s leading one-stop shop for office automation solutions and part of the Al Ahlia Group, is delighted to introduce an extensive range of TA Triumph-Adler products to the UAE market. TA Triumph-Alder’s tailor-made document and output management software solutions are designed to deliver the highest levels of quality, reliability, …

Bloomberg Facebook Inc. is building a team to design its own semiconductors, adding to a trend among technology companies to supply themselves and lower their dependence on chipmakers such as Intel Corp. and Qualcomm Inc., according to job listings and people familiar with the matter. The social media company is seeking to hire a manager to build an “end-to-end SoC/ASIC, …

Bloomberg Former Yahoo Chief Executive Officer Marissa Mayer is starting a technology business incubator, Lumi Labs, with longtime colleague Enrique Munoz Torres. The venture will focus on consumer media and artificial intelligence, according to the company’s website, which is set against a backdrop of snow-covered peaks. Lumi means snow in Finnish, Mayer told the New York Times, which reported the …

Bloomberg European Central Bank policy makers see scope to wait until their July meeting to announce how they’ll end their bond-buying program, according to euro-area officials familiar with the matter. Governing Council members want sufficient time to judge if the economy is overcoming its first-quarter slowdown, the officials said, asking not to be identified because the internal deliberations are confidential. …

Bloomberg Even before Bundesbank will publish its annual statistics on the consolidation in the German banking industry in May, there are already indications that the total number of banks and branches has dropped even further. Banks from abroad or those focussing on very specific customer groups are among the few that are expanding. The number of savings and cooperative banks, …

Bloomberg Barclays Plc Chief Executive Officer Jes Staley survived a year-long regulatory probe into his attempts to unmask a whistle-blower, escaping with a fine instead of losing his job. While the UK Financial Conduct Authority and Prudential Regulation Authority will impose a financial penalty on Staley for failing to behave “with due skill, care and diligence” in the scandal, they …

Bloomberg The Hong Kong dollar’s interbank borrowing costs rose to their hig-hest level this year, as the city’s de facto central bank bought more of the currency to defend its peg to the greenback. The three-month interbank rate — known as Hibor — climbed for a fourth day to reach 1.32 percent, the highest since December 27, as the Hong …

Bloomberg The bad news at Deutsche Bank AG just got worse. Amid a weeks-long leadership tussle that claimed the scalps of the chief executive, two of his top lieutenants and tainted its chairman, the bank inadvertently transferred 28 billion euros ($35 billion) to one of its outside accounts, Bloomberg News has revealed. While the blunder was quickly reversed and caused …

Bloomberg Passengers aboard a crippled Southwest Airlines Co. jetliner endured a tense, bumpy, 22-minute ride after an engine failed and hurled a hail of shrapnel that blew out a window, causing the death of a woman. The plane banked hard to the left by 41 degrees moments after the engine shutdown and its smooth exterior tore loose, dramatically increasing wind …