Not surprisingly for a president whose slogan is “America First,†Donald Trump has expressed deep skepticism about the United Nations. Nevertheless, his appointment of a skilled and popular politician as the new US permanent representative stands to help make the UN a more effective forum for advancing US interests. It will be South Carolina Governor Nikki Haley’s job to ...
Read More »Trump-May meet draws mixed reaction
British Prime Minister Theresa May met US President Donald Trump on Friday to garner support as UK is poised to leave European Union. May fared well in meeting with Trump, who promised her what the former demanded. She returns with Trump’s promise to seek an early trade deal with Britain once it leaves the European Union, a commitment from ...
Read More »Behavioural economics isn’t dead yet
Just a few years ago, many were proclaiming the decline of behavioural economics. In 2009, the well-known game theorist David Levine delivered a lecture called “Is Behavioural Economics Doomed?,†in which he casts doubt on some prominent behavioural theories. In a few fields, such as finance, behavioural ideas have gone mainstream; in others, like game theory, interest is slowly ...
Read More »EBay should drop some serious cash on deals
Ebay Inc. has managed to right the ship. Now it’s time to get sailing.Shares in the e-commerce company rose 9 percent in after-hours trading as investors cheered a fourth-consecutive quarter of sales increases. Maintaining a full year of gains helped quiet concerns that without PayPal Holdings Inc., the subsidiary it split from in 2015, eBay would be left for ...
Read More »After Brexit, the UK’s future is creative
As UK Prime Minister Theresa May tries to show the world that Brexit won’t be a disaster, it’s useful to consider what the UK can actually offer the world once it’s deprived of its European Union crutches. Perhaps its eventual role is to be the world’s quirky creative hub: That core competence won’t go away with Brexit, and it ...
Read More »China beefs up drive to ‘clean up’ internet sector
BEIJING / AP China is beefing up a campaign to root out services that circumvent the government’s internet censorship with a 14-month-long “clean-up†of the internet industry. The Ministry of Industry and Information Technology said in a directive that it forbids the operation of virtual private networks (VPNs) or leased lines that allow users and businesses to access blocked ...
Read More »FB hires Xiaomi’s Barra to lead VR tech efforts
Bloomberg Facebook Inc. hired Hugo Barra to lead its virtual reality efforts just days after he quit Chinese smartphone maker Xiaomi Corp. Barra, who led Xiaomi’s international expansion, will now take on a different challenge as vice president of virtual reality. He will need to navigate the competitive and young market, where Facebook’s Oculus Rift and Gear products have ...
Read More »Apple to join Amazon, Google, Facebook in AI research group
Bloomberg Apple Inc. is set to join the Partnership on AI, an artificial intelligence research group that includes Amazon.com Inc., Alphabet Inc.’s Google, Facebook Inc. and Microsoft Corp. Apple’s admission into the group could be announced as soon as this week, according to people familiar with the situation. Representatives at Apple and the Partnership on AI declined to comment. ...
Read More »A gadget that every tech-savvy diver needs
Bloomberg You need two primary pieces of information from a dive computer: your depth and how much time you have left before too much nitrogen gives you the bends. More advanced gadgets can tell you about the temperature of the water and the quality of the air left in your tank and may come with a submersible pressure gauge ...
Read More »IOT to usher in a new smart tech revolution
Kevin Cha Emirates Business Technology today has progressed to the point where innovative solutions are no longer about creating a better life, instead it is the desire to create a better lifestyle for consumers that underpins the most exciting new products. While some of these sophisticated innovations will quickly find their way into our lives and change how we ...
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