AFP The US Consumer Product Safety Commission announced a recall of around one million Samsung Galaxy Note 7 smartphones plagued by incidents of batteries bursting into flames. The move by the US safety agency formalizes the recall underway in 10 countries after reports of faulty batteries that caused some handsets to explode during charging. Samsung meanwhile announced replacements for ...

  Bloomberg Tech company Curalate is jumping on the vertical video trend, made popular by Snapchat and Instagram, with a new product. The company has introduced its new ad product Tilt, designed to promote vertical videos, reports the Wall Street Journal. Curalate’s first Tilt partner will be clothing store Urban Outfitters, which has developed a new mobile site called UOTV ...

  AFP Wearable tech, which was seeing sizzling sales growth a year ago, is cooling this year amid consumer hesitation over new devices, a survey showed. The research firm IDC said it expects global sales of wearables to grow some 29.4 percent to some 103 million units in 2016. That follows 171 percent growth in 2015, fueled by the launch ...

  Relaxnews The inaugural WardsAuto Top 10 Best User Experience Awards highlight those cars where technology and infotainment systems are a pleasure rather than a punishment to use. Why is a user interface like a joke? If it needs to be explained, it’s not very good. This programmer’s mantra is very quickly moving from software and website design and into ...

  Bloomberg As most of the world focuses on how unfettered oil production will weigh on prices, a few say a rebound is on the cards as the market starts to reflect a growing risk of shortages. OPEC’s strategy of keeping its taps open is leaving a smaller cushion if there’s an unexpected need for more oil. The group’s spare ...

  Bloomberg Oil fell to a one-month low in New York on speculation that the resumption of shipments from Libya and Nigeria may add to the global surplus. Futures dropped 2 percent. Libya and Nigeria, whose supplies have been reduced by domestic conflicts, are preparing to boost exports within weeks. A tanker that’s supposed to collect crude from a key ...

  AMMAN / AP Conflicts in Middle Eastern countries such as Iraq, Libya, Syria, and Yemen have erased “development gains for a whole generation,” including driving up already high levels of poverty and unemployment, the head of the International Monetary Fund said. The international community must be prepared to scale up long-term development aid in the region to rebuild infrastructure ...

  Reuters Egypt was unable to garner a single offer from wheat suppliers at its state grain tender on Friday, forcing it to cancel and raising renewed questions about its ability to tap global wheat markets while maintaining a ban on ergot fungus. Friday’s cancelation comes amid a flurry of cargoes either rejected or held from export since Egypt reinstated ...

    Sharjah / Emirates Business There are several equitable added values which are derived from the significant role which SMEs play to the strategic global economic development process. The Sharjah FDI Forum, organised by the Sharjah Investment and Development Authority (Shurooq), in collaboration with Financial Times (FT) and the fDi magazine, has geared up its 2nd edition with a ...

  DUBAI / Emirates Business A10 Networks (NYSE: ATEN), a technology leader in application networking and security, has announced its participation at GITEX Technology Week 2016 where it will showcase the company’s A10 Harmony solution architecture. The first of its kind solution empowers businesses to deliver secure application services across traditional data centres, private, public and hybrid clouds, helping them ...