Bloomberg Google is secretly building a social-gaming startup, part of its effort to create fledgling companies within the internet-search giant. The founder and co-owner of the new firm, called Arcade, is Michael Sayman, according to people familiar with the matter. Sayman is the 21-year-old wunderkind who started as a Facebook Inc. intern at age 17 and left that company for …
Read More »Technology
Axon buys Vievu to expand body camera market
Bloomberg Axon Enterprise Inc., the police technology company best known for its Taser stun guns, agreed to purchase its main competitor in the body camera industry, Vievu LLC. The combination of the two largest providers of the recording devices will create a dominant force in police surveillance. The companies declined to disclose financial details; Axon said it would discuss them …
Read More »Twitter tells users to change passwords after bug found
Bloomberg Twitter Inc. advised users to change their passwords after the company found a bug in its systems that exposed passwords in plain text internally. The company said it removed the non-encrypted passwords from its system, and is working to avoid such an issue happening again. An internal investigation “shows no indication of breach or misuse by anyone†and there’s …
Read More »Penniless cities offer land to host Hyperloop tests in France
Bloomberg After President Emmanuel Macron scrapped plans for a high-speed rail connection to Limoges, a city in central France, local entrepreneur Fabien Thibaut picked up his phone to call Elon Musk and talk about the Hyperloop — Musk’s idea for superfast trains zooming in tubes. “This kind of project is essential for a city like ours,†said Thibaut, one of …
Read More »Scooter apps face regulatory bump in US cities
Bloomberg Bird, a startup that deploys electric scooters with location trackers on city sidewalks and rents them through an app, trumpeted two weeks ago that it was bringing its service to San Francisco. The company, run by a former honcho at both Uber Technologies Inc. and Lyft Inc., said it was determined to make sure everything went smoothly with city …
Read More »Cisco adds AI tools, devices to WebEx chat offerings
Bloomberg Cisco Systems Inc., the biggest maker of the gear companies use to connect employees, said it’s expanding the use of artificial intelligence in its online collaboration and video-conference products to make meetings more useful and efficient. Menial tasks such as scheduling, taking notes and following up on requests will be taken care of by machines in the future, according …
Read More »Smart Solutions launches TA Triumph-Adler in UAE
DUBAI / Emirates Business Smart Solutions and IT Technology (SSIT), the region’s leading one-stop shop for office automation solutions and part of the Al Ahlia Group, is delighted to introduce an extensive range of TA Triumph-Adler products to the UAE market. TA Triumph-Alder’s tailor-made document and output management software solutions are designed to deliver the highest levels of quality, reliability, …
Read More »Facebook builds team to design its own chips
Bloomberg Facebook Inc. is building a team to design its own semiconductors, adding to a trend among technology companies to supply themselves and lower their dependence on chipmakers such as Intel Corp. and Qualcomm Inc., according to job listings and people familiar with the matter. The social media company is seeking to hire a manager to build an “end-to-end SoC/ASIC, …
Read More »Former Yahoo CEO Mayer creates tech startup incubator
Bloomberg Former Yahoo Chief Executive Officer Marissa Mayer is starting a technology business incubator, Lumi Labs, with longtime colleague Enrique Munoz Torres. The venture will focus on consumer media and artificial intelligence, according to the company’s website, which is set against a backdrop of snow-covered peaks. Lumi means snow in Finnish, Mayer told the New York Times, which reported the …
Read More »Telecom giants begin jostling for connected-car riches
Bloomberg The phone companies spent decades extending internet access across the US, first to homes and then to mobile devices, only to be stuck collecting relatively small service fees while Google and Amazon built lucrative online empires. Now that a surge of American cars are getting their own internet connections, Verizon Communications Inc. and AT&T Inc. don’t want to be …
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.