Technology

  Bloomberg The robot on an oil drillship in the Gulf of Mexico made it easier for Mark Rodgers to do his job stringing together heavy, dirty pipes. It could also be a reason he’s not working there today. The Iron Roughneck, made by National Oilwell Varco Inc., automates the repetitive and dangerous task of connecting hundreds of segments of ...

  Bloomberg Foxconn Technology Group is considering building a US display-making facility for upwards of $7 billion, a major investment for Apple Inc.’s main manufacturer that may create tens of thousands of American jobs during President Donald Trump’s first year in office. The company is considering a joint investment with Sharp Corp., the Japanese display supplier it bought last year, ...

  Bloomberg LG Display Co. has scored a deal to supply television displays to rival Samsung Electronics Co. from as soon as this year, people with direct knowledge of the matter said. LG Display, a major supplier of panels to Apple Inc., will replace a venture between Sharp Corp. and Foxconn Technology Group as a supplier to the world’s biggest ...

  Bloomberg Yahoo’s financial performance improved slightly during the fourth quarter while the company dealt with the fallout from massive security breaches that have jeopar- dized the $4.8 billion sale of its internet operations to Verizon Communications. The fourth-quarter report provided the latest snapshot of a shrinking company that has been steadily losing ground in the digital advertising market that ...

  Bloomberg Microsoft Corp. and its competitors should eschew artificial intelligence systems that replace people instead of maximizing their time, Chief Executive Officer Satya Nadella said. “The fundamental need of every person is to be able to use their time more effectively, not to say, ‘let us replace you’,” Nadella said in an interview at the DLD conference in Munich. ...

  Bloomberg Qualcomm Inc. built itself into the world’s biggest and most profitable smartphone chipmaker by using a simple formula: selling billions of dollars worth of semiconductors while raking in fat profits from licensing fees tied to the underlying technology. That lucrative model is under siege on a growing number of fronts — most recently this week when the US ...

  Dubai / Emirates Business Panasonic, a leading provider of integrated security and video surveillance solutions, introduced its next generation i-PRO® Extreme technology platform at Intersec 2017, taking place at the Dubai International Convention and Exhibition Centre (DICEC) from January 22 -24. Panasonic Marketing Middle East and Africa (PMMAF) has launched the i-PRO Extreme in response to the fast growing ...

  Bloomberg Snap Inc. is hoping to convince public market investors it’s worth upwards of $20 billion by stressing how important its app is to users’ daily lives. That’s what Snap’s management highlighted this month to analysts from banks underwriting its initial public offering, according to people familiar with the matter. The company laid out a slew of engagement metrics ...

  Emirates Business According to Cisco’s 6th Global Cloud Index (CGI) Forecast, cloud data center traffic in the Middle East & Africa will grow at a CAGR of 34% between 2015-2020 and represent 67% of total data center traffic by 2020. Whatever the specific configuration of your cloud, be it public, private, or a mix of both, there are security ...

  Bloomberg Tencent Holdings Ltd.’s messaging services were by far the most popular Chinese mobile apps in 2016, leading steady growth in the world’s largest internet and smartphone market, the government’s online industry overseers said on Sunday. WeChat remained the most heavily used app in the country in 2016, with almost 80 percent of the online population employing the social ...