Technology

DUBAI / Emirates Business You’ve decorated your beautiful home with care: furniture, lighting, paintings, floor covering…Wi-Fi? Perhaps this seems an “odd-man out” but how often is the peace in your home interrupted by expletives resulting from frozen (über-unattractive!) Skype images, cable clutter and other frustrations from faulty internet? Life is too short for so much irritation when the solution is ...

DUBAI / Emirates Business Colt Technology Services announced a strategic partnership with Equinix, Inc. (Nasdaq: EQIX) to interconnect the Colt IQ Network with Equinix’s cloud ecosystem. Today, Colt enterprise customers already benefit from connectivity to public and private clouds including Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform through Colt’s Dedicated Cloud Access service, and inter-data centre connectivity ...

Gregoire de Clercq Special to Emirates Business The ever-increasing flood of data into and out of an organisation and how best to manage it is one of the greatest challenges and opportunities facing businesses today. Today’s era of ‘data chaos’ – the point where the size and growth of unstructured data vastly outpaces structured data, has created a pressing requirement ...

Bloomberg A photo of your shiny new car on Instagram or the Facebook post about your chic holiday cottage may lead India’s taxman to your door. Starting next month, Prime Minister Narendra Modi’s government will begin amassing a warehouse of virtual information collected not just from traditional sources like banks but also from social media sites, as it looks to ...

Bloomberg Samsung Electronics Co.’s quarterly profit and revenue topped analysts’ estimates, fueled by the success of its new Galaxy S8 smartphones and demand for semiconductors. Net income rose to a record 10.8 trillion won ($9.6 billion) in the three months ended June, the Suwon, South Korea-based company said in a filing, exceeding the 9.75 trillion won average of projections compiled ...

Bloomberg Slack Technologies Inc. is raising about $250 million in a funding round co-led by SoftBank Group Corp., according to people familiar with the matter, as the Japanese investment firm helps drive a new venture capital boom. Investors in the round are expected to value the San Francisco-based company, which sells software for workers to communicate with their colleagues, at ...

Bloomberg Facebook Inc.’s investors are salivating over the revenue potential for the company’s chat businesses, Messenger and WhatsApp, after CEO Mark Zuckerberg said he’d like to move “a little faster” to make money from them. The company has warned that sales growth, fueled primarily by mobile advertising, will slow because it can’t keep loading ads into users’ news feeds on ...

Bloomberg China aims to make the artificial intelligence industry a “new, important” driver of economic expansion by 2020, according to a development plan issued by the State Council. Policy makers want to be global leaders, with the AI industry generating more than 400 billion yuan ($59 billion) of output per year by 2025, according to an announcement from the cabinet. ...

Bloomberg A Facebook message pops up on my phone screen. “What’s going on in your world?” It’s from a robot named Woebot, the brainchild of Stanford University psychologist Alison Darcy. Woebot seems to care about me. The app asks me for a list of my strengths, and remembers my response so it can encourage me later. It helps me set ...

Bloomberg Qualcomm Inc., the biggest maker of chips used in mobile phones, forecast steep declines in profit and licensing sales, underscoring its dependence on the royalties that one of its largest customers, Apple Inc., has stopped paying. Sales in the company’s licensing division, which collects fees for use of its mobile technology, will sink as much as 47 percent in ...