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Deal signed to advance future transport and logistics in UAE

Abu Dhabi / WAM The Technology Innovation Institute (TII), the dedicated “applied research” pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), and Virgin Hyperloop (VH), on Tuesday announced their collaboration on research, innovation and localisation of the futuristic transportation method. The agreement was signed by Faisal Al Bannai, Secretary-General of the ATRC, and Sultan Bin Sulayem, Group Chairman and ...

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Apple’s global plans meet a baton charge in India

For more than a decade, companies like Apple Inc have entertained the idea of evolving away from China-based supply chains to have their devices made in lower-cost locales like India, Vietnam and Mexico. The challenge of such decentralisation became brutally evident last weekend with an uprising at a factory operated by Taiwan’s Wistron Corp that makes iPhones in India. Workers ...

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Airbnb, DoorDash broke IPO market

The incredible first-day action in the stock prices of recent technology IPOs — particularly DoorDash Inc and Airbnb last week — has reignited a debate that goes back to the dot-com era over whether the process is broken. Critics are blaming bankers for vastly mispricing the offerings, resulting in companies’ missing out on money they could have pocketed at a ...

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