Technology

Microsoft chasing Europe startups for cloud business

Bloomberg Microsoft Corp. is doubling down on its attempt to back Europe’s next big software startups, in order to win over future business to its cloud platform. The US company is set to reveal on Monday a new Berlin-based, four-month program focusing on supporting companies that have raised early-stage financing and are building software for some of the fastest-growing areas ...

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Alphabet’s Nest launches new cheaper thermostat in bid to boost sales

Bloomberg Alphabet Inc.’s Nest introduced a cheaper version of its digital thermostat to spur sales as the smart home sector gains new competitors. The new model, the Thermostat E, costs $170, coming in $80 below the current version, Nest said. To cut costs, Nest used plastic rather than metal for the edges that surround the circular thermostat and swapped the ...

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LG unveils V30 with advanced multimedia options

DUBAI / Emirates Business LG Electronics (LG) took the wraps off the eagerly anticipated LG V30, the latest iteration of the company’s V series flagship smartphones. The LG V30 improves on the strengths of the V series phones in providing a whole new mobile experience and offering optimal multimedia features. The V30 features many industry innovations – the first F1.6 ...

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Apple cuts Iran-made apps from store over sanctions

Bloomberg On a Saturday in mid-August, Iranian entrepreneur Mehdi Nayebi received an email from Apple Inc.’s App Store Review stating that his application, AloPeyk, a delivery service in Tehran, had been removed due to sanctions put in place by the US government. He wasn’t the only one. About a dozen other Iran-focused apps, including Delion Foods, a meals delivery startup, ...

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Driverless tech confronts rules written for drivers

Bloomberg When the US government finally got around to regulating auto safety in 1967, it insisted that every car have seatbelts and that the steering column be engineered to absorb impact so it wouldn’t spear the driver. The safety rulebook has since swelled to nearly 900 pages and encompasses everything from electronic stability control to rear-view backup cameras. Through all ...

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I-Life launches new ‘all-in-one touch’ PC

DUBAI / Emirates Business A developer for innovative technologies; I-Life Digital Technology announced launch of its advanced All-in-One (PAIO) PC under its Zed product series. The ultra-slim ZedPC is designed to offer business and home users the best PC experience at a valuable price. Powered by latest Intel Celeron Processor, Intel HD Graphics & Windows 10 operating system, the ZedPC ...

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‘LG Signature’ seeks to re-define future of luxury home appliances

DUBAI / Emirates Business The new LG SIGNATURE brand from LG Electronics (LG), which combines finest of LG’s cutting-edge technology and world-class design with an exquisite attention to detail for today’s most discerning consumers, has been launched across the GCC. The ultra-premium brand was unveiled at a gala ceremony at the Dubai Opera. The rich and exquisite design of the ...

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Apple iPhone gives little-known suppliers long-awaited payday

Bloomberg It was the late 1990s, and entrepreneurs Steven Abramson and Sidney Rosenblatt were pitching an electronics giant on their new flat-screen technology. It didn’t go well. The product was unproven, and, given that the startup had a pittance in the bank, the manufacturer had doubts about its long-term viability. “You want us to bet the future of our company ...

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Fiat Chrysler ties up with BMW, Intel on self-driving

Bloomberg Fiat Chrysler Automobiles NV will join BMW AG and Intel Corp. in developing a platform for self-driving vehicles, giving the Italian-American automaker new technology partners and adding heft to their existing coalition. FCA, which supplies plug-in hybrid Chrysler Pacifica minivans to Alphabet Inc.’s Waymo driverless-car unit, announced it had signed a memorandum of understanding with the coalition. The automaker ...

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LG eyes to take smartphone cam to new heights in V30

Dubai / Emirates Business LG Electronics (LG) will incorporate an F1.6 aperture camera and glass lens in the dual camera of its upcoming V30 flag-ship smartphone, introducing industry-leading innovations that bring a new level of photographic innovation to the mobile industry. Excellence in smartphone cameras has long been a core competency of LG’s mobile devices and the dual camera module ...

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