Bloomberg Samsung Electronics Co. is “actively looking†to acquire developers of artificial intelligence (AI) and other software as the world’s biggest smartphone maker tries to overcome flat-lining sales for its devices. Samsung, which has US$61 billion in cash and equivalents, wants to morph into more of a software-driven company, Executive Vice President Rhee In Jong said in an interview. The …
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Relaxnews After Apple revealed its new smaller iPhone SE and 9.7-inch iPad Pro earlier this week, both devices are now available for pre-order reports Tech Crunch. Although only up for pre-order in selected countries so far, Apple fans in Australia, Canada, China, France, Germany, Hong Kong, Japan, New Zealand, Puerto Rico, Singapore, the UK and the US, can now put …
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AFP An estimated seven million drones will fly in US skies by 2020, nearly tripling the number expected to be in circulation by the end of the year, the Federal Aviation Administration said. “Unmanned aircraft systems will be the most dynamic growth sector within aviation,” the agency said in a report, which forecast that some 2.5 drones million will be …
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Relaxnews While more millennials are joining Snapchat and the usage of Live Stories and Discover remains high, according to a new survey for Variety, the app still benefits the most from its messaging feature. Among the 1,117 Snapchat users aged 13 to 24 surveyed in the US in February, around 44 percent used the app’s Live Stories and/or Discover features …
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AFP Google’s developer preview has revealed that the company may be coming out with a nighttime viewing mode for its smartphones and tablets in the near future, reports Mashable. iOS users are already benefiting from the feature since Monday in iOS 9.3, with Apple naming the new option “Night Shift.” Google is calling theirs “Night Mode.” Night Mode will be …
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Relaxnews A new A.I.-powered chat bot called Tay.ai is helping researchers learn more about humans’ ability to converse, reports Tech Crunch. Microsoft unveiled the bot, which uses various applications such as Twitter, Kik and GroupMe to assess conversation and social interaction of 18 to 24 year olds. Users can engage in conversation with Tay — as it is known for …
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WAM While oil-exporting countries face significant challenges as result of global economic turbulences and falling oil prices, the UAE continues to achieve new levels of economic growth. This comes as a direct result of the UAE wise leadership’s forward-looking vision and its precise predictions of the region’s developments-which contribute in facing growing global economic challenges, through developing and putting in …
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Sunaina Rana / Emirates Business UAE’s first public joint stock retail operator Marka has announced its plans for international expansion. The retail company is gearing up to step into the Qatar market with the launch of Morelli’s Gelato ice cream, fashion brands City Chic and Weill, and jewelry house dinh van at Mall of Qatar by the third quarter of …
Read More »Emirates Business The UAE-based member of Sheikh Khalifa Fund for Enterprise Development, Geoscience Testing Laboratory (GTL), was bestowed with two international awards — ‘Excellence in the Analysis of Water Quality and Compliance’ and ‘CEO of the Year’, at the World Water Leadership Congress Awards 2016 held recently in Mumbai, India. The World Water Leadership Congress & Awards recognises both individuals …
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New Delhi / Bloomberg Essar Steel India Ltd., grappling with about 440 billion rupees ($6.6 billion) in debt amid an industry downturn, has drawn takeover interest from domestic rivals Tata Steel Ltd. and JSW Steel Ltd., people with knowledge of the matter said. SSG Capital Management, a Hong Kong-based special situations fund manager, and some private-equity firms and international companies …
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