Technology

Tech trendsetters of consumer electronic industry

  DUBAI / Emirates Business The year 2016 was another eventful year for the consumer electronics industry with a number of exciting and sophisticated technologies advancing to fulfill their potential on the world stage. The year 2017 appears to see the continuation of these trends, as the products, which shape the world around us are improved to better suit evolving ...

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Cyber security analytics gains ground among professionals

  DUBAI / Emirates Business Cyber security professionals have become more aware of the value of analytics and have moved beyond using analytics for detection and response to using analytics to measure and improve their overall risk posture, according to the results of SANS’ 2016 Survey on Security Analytics. “Traditionally, cyber security has been focused around protection and prevention. But ...

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Zuckerberg denies ‘stolen tech’ claims for virtual reality device

  Bloomberg Mark Zuckerberg, saying it’s the first time he’s testified in a trial, vehemently denied claims that the virtual-reality headset maker acquired by Facebook Inc. in 2014 had stolen technology for the Oculus Rift. Facebook’s co-founder and chief executive officer, who has hailed virtual reality as his company’s next big thing, was called to the witness stand by ZeniMax ...

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‘Moral dilemma’ for driverless cars

    BOSTON / AP Imagine you’re behind the wheel when your brakes fail. As you speed toward a crowded crosswalk, you’re confronted with an impossible choice: veer right and mow down a large group of elderly people, or veer left into a woman pushing a stroller. Now imagine you’re riding in the back of a self-driving car. How would ...

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Facebook to launch ‘startup garage’ in Paris

  Bloomberg Facebook Inc. will open a startup incubator at Paris’s soon-to-debut entrepreneur campus created by billionaire Xavier Niel, as Chief Operating Officer Sheryl Sandberg vows to keep investing in France. The company will have engineers on the ground at incubator-campus Station F and offer workshops to entrepreneurs, Sandberg said at an event in Paris, alongside Niel, site director Roxanne ...

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Kaminario doubles fundraising goal as flash storage market grows

  Relaxnews Kaminario Inc., a flash-storage company that develops its products in Israel, closed a fundraising round of $75 million — nearly double the expected amount — and will use the money to expand in Asia and Europe and boost technology development to gain market share. The Needham, Massachusetts-based company competes with multinational giants such as Dell Technologies Inc. and ...

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Automated traders move towards bitcoin

  Bloomberg Zhou Shuoji is not a bitcoin believer. He says the cryptocurrency will never replace its traditional forebears, and he calls most of its proponents fanatics. But for Zhou, a 35-year-old high-speed trader in Beijing, bitcoin is also too good to resist. His computers trade it 24 hours a day, seven days a week. Using lightning quick orders, they ...

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LG, Dolby unveil advanced Blu-ray player

  Dubai / Emirates Business LG Electronics (LG) and Dolby Laboratories, Inc. (NYSE: DLB) announced the LG UP970 Ultra HD Blu-ray player, LG’s first 4K Blu-ray player which will support Dolby Vision high-dynamic -range (HDR) imaging. LG’s UP970 Ultra HD Blu-ray player delivers a more immersive and vivid viewing experience than ever before. Leveraging the HDR technology that powers Dolby’s ...

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Microsoft veteran to help run Chinese search giant Baidu

  Bloomberg Baidu Inc. has appointed former Microsoft Corp. executive Qi Lu its group president and chief oper- ating officer, granting the software industry veteran oversight over all aspects of the Chinese search giant’s business from sales to technology development. Lu, an architect of Chief Executive Officer Satya Nadella’s strategy for artificial intelligence and bots at Microsoft, will take up ...

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Nintendo takes big gamble with new Switch console

  Bloomberg Nintendo Co.’s new Switch gaming console won’t be in stores until March 3, but the machine is fully baked and ready to play. The press got a chance to try out the new machine at an event in Tokyo last week, and events will be held in Japan and North America to let people experience the product before ...

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