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January 25, 2017 International News
Bloomberg Cisco Systems Inc. agreed to acquire AppDynamics Inc. for $3.7 billion, snapping up the fast-growing software maker just before it planned to go public. Cisco, the world’s biggest maker of networking gear, will add AppDynamics’ software and services that help companies to monitor and fine-tune the performance of their own business systems. AppDynamics, based in San Francisco, was ...
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January 25, 2017 International News, Uncategorized
Bloomberg The UK economy may have cleared its 2016 Brexit test, but that’s not easing companies’ concern about the approaching challenges. Days before figures are predicted to show a healthy 0.5 percent expansion in the last quarter of 2016, businesses from airline EasyJet Plc to telecommunications firm BT Group Plc cited Brexit-linked problems such as a weaker pound and ...
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January 25, 2017 Technology
Bloomberg Defects that caused Samsung Electronics Co.’s Note 7 phones to burst into flames last year revealed that the industry’s voluntary standards for the design and manufacture of rechargeable batteries aren’t adequate, a US consumer-safety regulator has concluded. The Consumer Product Safety Commission, which negotiated a recall of 1.9 million of the phones and is conducting its own investigation, ...
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January 25, 2017 Technology
Bloomberg Alphabet Inc. re-hired Yoky Matsuoka to oversee technology at its Nest Labs Inc. smart home unit, snapping up the robotics and artificial intelligence expert after she recently left Apple Inc. As Chief Technology Officer, Matsuoka will work closely with Nest’s engineering and product teams to define a long-term technology roadmap. She’ll be responsible for identifying important enabling technologies ...
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January 25, 2017 Technology
Bloomberg Newspapers and other media outlets are struggling to make money from their partnerships with tech giants like Facebook and Snapchat, raising concerns over their business models in a news landscape increasingly dominated by social media platforms. Some publishers are scaling back on Facebook Inc.’s Instant Articles program, in which they host stories directly on the social-media company’s platform ...
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January 25, 2017 Technology
Bloomberg Apple Inc. is piling onto lawsuits that attack the way Qualcomm Inc. licenses technology for mobile phones in a widespread effort to rake back profits in a slowing market. The latest suit by Apple alleges that Qualcomm has unfairly used the power of its patents, which cover the fundamentals of phone systems, and its chip business to prop ...
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January 24, 2017 Local News
ABU DHABI / WAM Within its strategy to further increase its contribution to the economic diversification efforts, and strengthening the economic performance of the non-oil sectors in line with ‘Abu Dhabi Economic Vision 2030’, Emirates Steel, the only integrated steel plant in the UAE, owned by Senaat, has exceeded its last manufac- turing record of the company’s Steel Making ...
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January 24, 2017 Local News
ABU DHABI / Emirates Business High quality continuing medical education (CME) will help GCC physicians improve their care of patients in the UAE and across the region, US based healthcare experts said ahead of the upcoming Arab Health Exhibition and Congress. And with the UAE’s vision to rank among the world’s top 20 healthcare markets in the next four ...
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January 24, 2017 Local News
ABU DHABI / WAM This year’s Arabian Travel Market (ATM), a sister event of the World Travel Market London, will provide the perfect platform for UK destinations, hotels and attractions, as well as regional outbound tour operators, as Middle East travellers are expected to play a key role in the UK’s continued tourism growth. According to the World Travel ...
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January 24, 2017 Opinion
Donald Trump’s inauguration marks a global inflection point: He takes office at a moment when many analysts see a transition to a new economic and political order — one where the risks for the United States and its allies are likely to increase. Trump’s promise to “make America great again” resonated with many disaffected voters at home. But abroad, ...
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