Bloomberg Imagination Technologies Group Plc shares plunged as much as 69 percent after the UK chip designer said Apple Inc. will stop using its intellectual property in new products, setting the stage for a clash with its biggest customer. The iPhone maker has informed Imagination Technologies that it will cease using its graphics technology for new products, including phones, ...
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A ‘sci-fi’ cancer therapy fights brain tumors
WASHINGTON / AP It sounds like science fiction, but a cap-like device that makes electric fields to fight cancer improved survival for the first time in more than a decade for people with deadly brain tumors, final results of a large study suggest. Many doctors are skeptical of the therapy, called tumor treating fields, and it’s not a cure. ...
Read More »BlackBerry expands licensing strategy
Emirates Business BlackBerry Limited on Monday shared new details on its broad licensing strategy which addresses the growing need for secure, connected devices and endpoints in today’s Enterprise of Things. The first phase of BlackBerry’s strategy, announced in September 2016, was focused on providing the most secure and comprehensive Android software for smartphones around the world manufactured and marketed ...
Read More »Former Google VP unveils startup for clean, cheap N-energy
Bloomberg With the sweep of a single executive order, President Donald Trump unwound the Obama-era framework of regulations designed to combat climate change and announced that he was “putting an end to the war on coal.†But not everyone in high-tech is ready to return to the age of fossil fuels. Mike Cassidy, who was formerly vice president at ...
Read More »Blast on Russian subway kills 10; 2nd bomb defused
ST. PETERSBURG / AP A bomb blast tore through a subway train in Russia’s second-largest city Monday, killing 10 people and injuring about 40 as President Vladimir Putin visited the city, authorities said. Hours later, police found an unexploded device in one of St. Petersburg’s busiest subway stations, sending a wave of anguish and fear through Putin’s hometown. There ...
Read More »Trump meets Egypt’s Sisi to talk IS, foreign aid
WASHINGTON / AP President Donald Trump welcomed his Egyptian counterpart, President Abdel-Fattah el-Sissi, to the White House on Monday for talks ranging from ways to collaborate in the fight against extremism to efforts to bolster Egypt’s flailing economy. In an Oval Office meeting, Trump said that el-Sissi has done a “fantastic job” and declared his support for Egypt and ...
Read More »Britain to offer Jordan more trainers in anti-IS strikes
AMMAN / AP British Prime Minister Theresa May has begun a visit to Jordan where she is to announce plans to send more British military trainers to help the kingdom’s air force in the fight against IS group extremists. Jordan’s royal court said on Monday that May and Jordan’s King Abdullah II toured a military facility, inspecting a rapid ...
Read More »Suspects charged in London mob beating of asylum-seeker
LONDON / AP Authorities in London charged five people on Monday over an unprovoked attack on a 17-year-old Iranian-Kurdish asylum-seeker as police sought to piece together the act of mob violence that police say involved as many as 30 people. London’s Metropolitan Police said all five suspects were charged with violent disorder, with one also charged with racially aggravated ...
Read More »India may dilute China- championed Asia trade pact
Bloomberg India’s foot dragging on a China-championed Asia trade pact has increased the risk the deal gets diluted or delayed. A fear of being flooded by Chinese imports and an insistence on global mobility for its IT services workers is behind India reluctance to move forward. While Asia’s third-largest economy may eventually sign on to the Regional Comprehensive Economic ...
Read More »Tax amnesty windfall brightens Indonesia’s S&P upgrade odds
Bloomberg After netting more than $10 billion in revenue from its tax amnesty program, Indonesia may be a step closer to winning a much-coveted investment grade from S&P Global Ratings. The nine-month amnesty drive, which ended on Friday, led citizens to declare 4,866 trillion rupiah ($365 billion) of assets hidden from tax authorities. The success may help Southeast Asia’s ...
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