November, 2016

• 16 November

  Abu Dhabi stocks rally on bank merger speculation

  

    Reuters Abu Dhabi bank shares surged on Wednesday because of renewed speculation that the government might merge more banks as part of an efficiency drive, while other regional markets rebounded, encouraged by strong global bourses and oil prices. The Abu Dhabi index jumped 2.6 percent, its largest single-day gain since June, but trading volume continued to decline from a ...

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• 16 November

  US, European stocks tumble, dollar gains

    London / AFP Europe’s main stock markets extended their losses on Wednesday after recent volatile swings and US stocks turned lower after a week-long post-election rally while the dollar surged. “US stocks look set for a lower open with the future Donald Trump presidency still front and centre,” analyst Jasper Lawler, of CMC Markets, said in a note to ...

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• 16 November

  Nintendo to release iPhone Super Mario in December

  

    Bloomberg Nintendo Co. will release Super Mario Run worldwide for Apple Inc.’s iPhone and iPad on December 15 in US time zones, a highly anticipated launch that has a high bar for success after this summer’s Pokemon Go phenomenon. The game, the first mobile edition starring one of Nintendo’s most iconic characters, will be free to download initially, and ...

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• 16 November

  BMW to expand ReachNow services

  

    Los Angeles / AFP German automaker BMW announced in Los Angeles that it is expanding its ReachNow program with new mobile tools and adding a city location: New York’s trendy Brooklyn borough. BMW ReachNow, launched in Seattle, Washington state in April, is adding services to its initial offering, the chief executive of the new program Steve Banfield said at ...

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• 16 November

  WhatsApp suspends giving Facebook European user data

  

    San Francisco / AFP WhatsApp has temporarily suspended giving parent company Facebook information about users in Europe for ad targeting, responding to concerns there over privacy, a source close to the matter. Conversations with officials in Europe over the past few months resulted in the social network deciding to only tapping into WhatsApp user data there for purposes such ...

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• 16 November

  An app that warns of dangers ahead on road

  

    Bloomberg Drivers in San Francisco, Manhattan and Tel Aviv may soon have another safety tool at their disposal: a mobile app that alerts them to dangers ahead in the road. Nexar Ltd., an Israeli startup whose app records video from a smartphone’s camera to capture hard brakes and collisions, will turn its users into a vehicle-to-vehicle network to prevent ...

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• 16 November

  Twitter rolls out new tool to curb online abuse, bullying

  

    Washington / AFP Twitter has begun rolling out a new weapon in the fight against harassment by “trolls” whose often anonymous vitriol can make the messaging service an unwelcoming place. The move comes as online social networks struggle to balance free speech with intimidation and aggression that make many fearful of speaking freely. “The amount of abuse, bullying, and ...

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• 16 November

  Tech rebound for Leica cam

  

    Wetzlar / DPA David Bowie had one, so does Scarlett Johannson, while Lenny Kravitz produced a book with one: a Leica camera. There’s no arguing that the Leica is the German camera everyone covets. Back in the days when German cameras led the world, a Leica was the ultimate. But then the firm in Wetzlar, eastern Germany began slipping, ...

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• 16 November

  Book sales take an ‘online’ knock

  

    Riyadh / AFP In Saudi Arabia where many people spend a big chunk of their lives online, like elsewhere in today’s world, John Gunti seems like a relic from a bygone era. The Indian national knocks on doors in the business district of the Saudi capital Riyadh, hoping to sell a 22-volume World Book Encyclopedia that weighs about 25 ...

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• 15 November

  Masdar, Khalifa varsity to develop photonics, 5G tech

  

    ABU DHABI / WAM Two of Abu Dhabi’s leading R&D institutions, Masdar Institute of Science and Technology and Khalifa University, have entered into a partnership with the Semiconductor Research Corporation (SRC) and GLOBALFOUNDRIES to develop the next generation of light-based data transmission (photonics) and wireless network standards (5G). The partnership is part of an innovative three-year program that will ...

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