Home :: Technology

Technology

Massive cyberattack hits global companies, causes turmoil

  A major cyber attack worldwide disrupted computers at Russia’s biggest oil company, Ukrainian banks and multinational firms on Tuesday, reported CNBC. The virus used is similar to the ransomware attack last month that infected more than 300,000 computers, according to cybersecurity experts. The widespread cyberattack apparently targeting Ukraine rippled across Europe and spread to computer systems of banks and major ...

Read More »

Airbus wins $40bn of commercial jet orders at Paris

Airbus announced $39.7 billion worth of new business during the 2017 Paris Air Show, providing strong evidence that the commercial aircraft market remains healthy. The company won commitments for a total of 326 aircraft, including firm orders for 144 aircraft worth $18.5 billion and MoUs for 182 aircraft worth $21.2 billion. A320 Family aircraft sales and commitments were robust, with ...

Read More »

Evergreen Links Up With Alibaba

  Taiwan’s Evergreen Line has teamed up with the Chinese wholesale marketplace Alibaba to offer Alibaba.com members the option of booking sea freight services online with guaranteed space and prices. The growth of e-commerce has resulted in small, fragmented orders from global buyers. Taking note of the need for user-friendly logistics services of smaller volume shippers, Evergreen Line is collaborating ...

Read More »

White House aims to speed US drone, wireless technologies

WASHINGTON: The White House is bringing together drone makers, wireless companies and venture capitalists on Thursday to look at ways government can help speed new technologies to the marketplace. President Donald Trump will meet with the chief executives of General Electric Co , Honeywell International Inc and AT&T Inc AT&T Inc , major drone industry firms and venture capitalists in ...

Read More »

Commercial flying cars ‘a possibility by 2035’

The arrival of Airbus, Google, and Uber into the flying cars market is expected to infuse the much needed momentum to make limited commercial applications of flying cars a possibility by 2035, said an industry expert. “The flying cars industry is at a nascent stage where a number of companies are developing different models of flying cars, many of which ...

Read More »

Amazon launches ‘try-before-you-buy’ fashion service

REUTERS: Amazon.com Inc wants to turn your living room into a fitting room. The e-commerce giant, already one of the biggest apparel sellers in the United States, on Tuesday unveiled a test programme called Prime Wardrobe. Part of the Amazon Prime shopping club, the new feature will allow members to order three or more items without paying for them up ...

Read More »

Qatar says news agency hacking linked to states boycotting Doha

DOHA: Qatar’s attorney general said on Tuesday his country has evidence that the hacking of Qatar’s state news agency was linked to countries that have severed ties with Doha. Saudi Arabia, Egypt, Bahrain and the United Arab Emirates cut their ties with Doha over comments allegedly made by the emir and posted briefly on the Qatar News Agency’s website on ...

Read More »

Turkey to start building first nuke plant in 2018

The Turkish subsidiary of Russia’s nuclear energy company Rusatom plans to launch its project to build the first nuclear power plant (NPP) in Turkey next year, Russian news agency Tass reported, citing a statement from the Rosatom State Nuclear Corporation. Russia and Turkey signed an inter-governmental agreement in 2010 on cooperation in the construction and operation of Turkey’s first NPP. ...

Read More »

Boeing sees strong interest in potential new 737 model

PARIS: Boeing has received strong interest in a potential new member of its best-selling 737 aircraft range, the planemaker’s new commercial chief said on Sunday. Boeing is widely expected to launch the 190-230-seat 737 MAX 10 at the opening of the Paris Airshow on Monday, adding a larger new variant to its narrowbody medium-haul family. Boeing Commercial Airplanes Chief Executive ...

Read More »

Your car could become your virtual personal assistant

We are now used to cars that understand what we say. Experts predict that in future they may also know how we feel – sometimes without us having to say a word. Nearly 90 per cent of all new cars are expected to offer voice recognition capability by 2022. The next step for the cars of tomorrow could be to ...

Read More »

Rolls Royce under fire after engine leaves gaping hole in Chinese carrier

British engineering company Rolls-Royce is under fire after its faulty engine unit left a gaping hole in the left engine covering of a China Eastern flight, said a report. Flight 736, which was heading to Shanghai from Sydney, was forced to make a return just minutes after takeoff. “The moment that we took off the wing to my left just ...

Read More »

Global mobile subscriptions hit 7.6 billion in Q1

    Global mobile subscriptions are growing at around four per cent year-on-year, reaching 7.6 billion in the first quarter (Q1) of the year, according to the latest Ericsson Mobility Report. India grew the most in terms of net additions during the quarter (+43 million), followed by China (+24 million), Indonesia (+10 million), Pakistan (+5 million) and Nigeria (+3 million). ...

Read More »

Apple makes iPhone screen fixes easier as states mull repair laws

SAN FRANCISCO: Hey Siri, where can I get my cracked iPhone screen fixed? Apple customers will soon have more choices as the company looks to reduce long wait times for iPhone repairs at its retail stores. By the end of 2017, Apple will to put its proprietary machines for mending cracked iPhone glass in about 400 authorised third-party repair centres ...

Read More »

Telus to invest CUS$4.2 bln in Alberta through 2020

REUTERS – Canada’s Telus Corp said it would spend CUS$4.2 billion (US$3.11 billion) on new broadband and wireless infrastructure in Alberta by 2020, as it tries to stay ahead in a highly competitive market. Telus, which has been attracting more postpaid wireless customers amid heightened competition, said it would invest more than CUS$900 million this year alone in Alberta. The ...

Read More »

SpaceX’s first recycled Dragon arrives at space station

MIAMI: SpaceX’s first-ever recycled spaceship arrived Monday at the International Space Station, two days after the unmanned Dragon cargo capsule launched atop a Falcon 9 rocket from Cape Canaveral, Florida. Live images on NASA television showed the spaceship approaching the orbiting outpost, then being grabbed with the station’s robotic arm at 9:52 am (1352 GMT). “Capture complete,” said NASA astronaut ...

Read More »

Microsoft’s Skype draws inspiration from Snapchat in big redesign

SAN FRANCISCO: You can add Skype to the growing list of services copying features straight from Snapchat. The Microsoft Corp communications service on Thursday announced a major redesign of its mobile app, including a “Highlights” feature that lets customers snap photos and videos that will be temporarily visible to their connections. The feature carries a strong resemblance to Snapchat’s “Stories.” ...

Read More »

Android creator unveils new phone, home assistant device

SAN FRANCISCO: Andy Rubin, the co-creator of the Android mobile phone operating system, has launched a new company called Essential Products to sell a high-end smartphone and a home assistant device. Palo Alto-based Essential said the new Essential Phone features an edge-to-edge screen, a titanium-and-ceramic case and dual cameras. The phone sells for US$699 and will run the Android operating ...

Read More »

Trump urges world leaders to call him on his cellphone: Report

WASHINGTON: US President Donald Trump has raised security concerns as he urged world leaders to call him on his cellphone instead of using official channels of communication, breaking diplomatic protocol, AP reported on Tuesday (May 30). Leaders of Canada, Mexico and France were reported to have been given his personal mobile number, with Canadian Prime Minister Justin Trudeau having reportedly ...

Read More »

At 97, this Vietnamese grandma has mastered the Internet

    HANOI: At first glance, it’s easy to dismiss Le Thi as just another raddled old woman. At 97, she has lost almost all her teeth and a severe hunchback impedes her movement. She spends most of her time lying in bed on her side, slowly chewing betel nuts. But the almost-centenarian perks up the moment she is asked ...

Read More »

British Airways flights grounded after global IT outage

LONDON: British Airways said Saturday (May 27) that it had cancelled all its flights out of major London airports Heathrow and Gatwick after an IT systems failure, warning people not to travel to the congested hubs. “We have experienced a major IT system failure that is causing very severe disruption to our flight operations worldwide,” BA said in a statement. ...

Read More »

Dassault Falcon jets to be fitted with first broadband wi-fi

Honeywell announced recently that its high-speed broadband wi-fi system, designed to provide aircraft with internet speeds similar to those in homes and offices, is now an option for new Dassault Falcon business jets. The system can also be installed on planes already in service. Honeywell’s JetWave antennas and hardware enable Inmarsat’s high-speed Jet ConneX service. Once installed, the system allows ...

Read More »

S.Africa allows telecoms operators to keep broadband spectrum until 2028

CAPE TOWN: Six South African telecoms companies, including MTN Group and Vodacom, can keep their broadband radio spectrum licences until they expire in 2028 after agreeing to buy at least 30 percent of the government’s new Wireless Open Access Network (WOAN), the communications minister said on Wednesday. Minister Siyabonga Cwele told reporters an agreement was reached with operators on May ...

Read More »

Bitcoin soars above US$2,400 to all-time high

REUTERS: Digital currency bitcoin hit a fresh record high on Wednesday, surging above US$2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology. Blockchain, the underlying technology behind bitcoin, is a financial ledger maintained by a network of computers that can track the movement of any asset without the need ...

Read More »

Subchapter M Compliance Goes Mobile

The American Bureau of Shipping (ABS) has released a mobile app that tug and workboat owners can use to document compliance with Subchapter M, the U.S. Coast Guard’s new inspection regime for smaller vessels.”This app answers the growing demand for easy-to-use point solutions – a need that is particularly pronounced in the workboat sector, where many companies have little to no ...

Read More »

Huawei narrows gap with Samsung, Apple in smartphone sales – Gartner

  FRANKFURT: China’s Huawei has narrowed the gap with its two biggest competitors Apple Inc. and Samsung Electronics in global smartphone sales, first-quarter data from research firm Gartner showed on Tuesday. The Chinese network-to-consumer-electronics builder increased its market share to 9 percent during the first quarter from 8.3 percent in the year-earlier period. “Huawei has now steadily held the third ...

Read More »

Google AI programme beats top-ranked Go player

SHANGHAI: Google’s computer programme AlphaGo beat the world’s top-ranked player in the ancient Chinese board game Go on Tuesday (May 23), re-affirming the arrival of what its developers tout as a ground-breaking new form of artificial intelligence. AlphaGo took the first encounter in a three-game series against brash 19-year-old Chinese world number one Ke Jie, who before the game called ...

Read More »

Symantec says ‘highly likely’ North Korea group behind ransomware attacks

  SAN FRANCISCO: Cyber security firm Symantec Corp said on Monday it was “highly likely” a hacking group affiliated with North Korea was behind the WannaCry cyber attack this month that infected more than 300,000 computers worldwide and disrupted hospitals, banks and schools across the globe. Symantec researchers said they had found multiple instances of code that had been used ...

Read More »

Online pressure: When social media pushes new mothers close to the edge

  SINGAPORE: Everything Ms Malini Pravin Saivi read on social media painted a rosy picture of the pure, unconditional love a mother has for her newborn. So when she gave birth three years ago to a baby girl, she waited for that feeling. It did not come. “I’ve seen mothers posting (on Facebook) an hour after giving birth about how ...

Read More »

Bitcoin options exchange raises US$11.4 million in funding

NEW YORK: Ledger Holdings, the New York-based parent company of bitcoin options exchange LedgerX, said on Monday it closed US$11.4 million in funding led by Miami International Holdings Inc and China’s Huiyin Blockchain Venture Investments. The funding supports LedgerX’s plan to operate a regulated exchange and clearing house for bitcoin and other digital currencies. LedgerX is awaiting regulatory approval from ...

Read More »

Samsung Elec says will continue looking for M&A opportunities

REUTERS – Tech giant Samsung Electronics Co Ltd will continue looking for acquisition opportunities, a company executive said on Monday, as the firm seeks to build software and services to further differentiate its products. “We are going to be bullish on finding companies that fit our strategy,” Peter Koo, a senior vice president for Samsung’s mobile division, said during an ...

Read More »

Daimler, Vivint Solar in exclusive deal on US home batteries

REUTERS: German automaker Daimler AG will enter the nascent U.S. market for home batteries through a collaboration with residential rooftop solar installer Vivint Solar Inc, the two companies said on Thursday. The exclusive partnership, Vivint’s first foray into energy storage, will allow the companies to compete against similar offerings from automaker Tesla Inc, solar installer Sunrun Inc, battery maker LG ...

Read More »

Hackers steal 17 million users’ data from Indian restaurant app Zomato

  NEW DELHI: India’s largest restaurant and food delivery app Zomato announced on Thursday (May 18) that the data of 17 million users had been stolen from its database, including names, email addresses and protected passwords. The startup said the “hashed” passwords could not be decrypted but recommended users change their login details if they use the same password for ...

Read More »

Hacker Demonstrates Attack on Superyacht IT Systems

  The recent worldwide ransomware attack on Windows-based computer systems has brought new awareness to the serious threat of hacking to corporate and government operations. For years, maritime agencies and industry groups have warned that this danger does not end at the water’s edge. Earlier this month, a cybercrime specialist working for the mobile device company demonstrated the vulnerabilities of ...

Read More »

VW’s JV in China to recall nearly 600,000 vehicles over fuse fault

  BEIJING: Volkswagen AG’s joint venture in China, FAW-Volkswagen Automobile Co Ltd, will recall 577,590 Golf and Sagitar cars because of a headlight fuse defect that may lead to safety risks, the quality watchdog said on Wednesday. The recall covers 416,364 Golfs produced between September 2009 and May 2014, and 161,226 Sagitars produced between July 2010 and March 2012, said ...

Read More »

Creators of MP3 bring it to an end

There’s perhaps no audio format that has been so widely used that it established itself as a noun in the English language and supplanted the traditionally used ‘song’ in the process. The MP3 was the word of the digital era for years since it made its entry. It became the audio format of choice for consumers when it came to ...

Read More »

Desperately short of labor, mid-sized Japanese firms plan to buy robots

Desperate to overcome Japan’s growing shortage of labor, mid-sized companies are planning to buy robots and other equipment to automate a wide range of tasks, including manufacturing, earthmoving and hotel room service. TOKYO: Desperate to overcome Japan’s growing shortage of labor, mid-sized companies are planning to buy robots and other equipment to automate a wide range of tasks, including manufacturing, ...

Read More »

Some businesses in Asia disrupted by cyberattack, authorities brace for more

  SINGAPORE/WASHINGTON: Asian governments and businesses reported some disruptions from the WannaCry ransomware worm on Monday (May 15) but cybersecurity experts warned of a wider impact as more employees turned on their computers and checked emails. The ransomware that has locked up more than 200,000 computers in more than 150 countries has been mainly spread by e-mail, hitting factories, hospitals, ...

Read More »

World braces for more cyberattacks as work week begins

An international manhunt was under way for the plotters behind the world’s biggest-ever computer ransom assault which has affected more than 150 countries. LONDON: The fallout from an unprecedented global cyberattack which has hit more than 200,000 victims could worsen on Monday (May 15) as people return to work, European and British policing and security agencies warned. An international manhunt ...

Read More »

Growing global cyberattack hits 200,000 victims so far

An international manhunt was well under way for the plotters behind the world’s biggest-ever computer ransom assault. LONDON: The unprecedented global cyberattack has hit more than 200,000 victims in scores of countries, Europol said on Sunday (May 14), warning that the situation could escalate when people return to work. An international manhunt was well under way for the plotters behind the ...

Read More »

Cyberattacks on govt sector doubled in 2016

Cyberattacks on the government sector doubled in 2016, hiking to 14 per cent from seven per cent of all cyber security attacks in 2015, according to new research. Attacks on the finance sector also rose dramatically from just 3 per cent in 2015 to 14 per cent of all attacks in 2016, said Dimension Data’s Executive’s Guide to the NTT ...

Read More »

‘Awesomesauce,’ proclaims US astronaut on historic spacewalk

MIAMI: So what is it like to float out into the vacuum of space? “Ginormous fondue pot, bubbling over with piping hot awesomesauce,” said American astronaut Jack Fischer, as he embarked on his first-ever spacewalk outside the International Space Station on Friday. The comments by Fischer, 43, were carried live on NASA television as he and his colleague Peggy Whitson, ...

Read More »

US, EU set meeting on airline security, electronic devices

WASHINGTON/BRUSSELS: U.S. and European officials will discuss airline security issues at a meeting in Brussels next week, including possibly expanding the number of airports that ban passengers from carrying electronic devices bigger than cellphones aboard flights, a European Commission spokeswoman said on Friday. U.S. Homeland Security Department Secretary John Kelly told European ministers by phone Friday the department does not ...

Read More »

‘This is huge’: About 36,000 WannaCry ransomware attacks detected across Europe, Asia

Even as hospitals in Britain scrambled to contain the fallout from a cyber attack that forced them to turn patients away, it rapidly became clear that they were not the only casualties of a massive ransomware campaign that appears to have infected organisations across Europe as well as Asia on Friday (May 12) night. Researchers behind the MalwareHunterTeam Twitter account said ...

Read More »

FAQ: Not your usual cyber attack – why NUS, NTU are ‘prime targets’

  SINGAPORE: The first known instance of sophisticated cyber attacks on universities in Singapore on Friday (May 12) draws attention to institutes of education as a prime target from which to attack Government networks, cybersecurity experts told Channel NewsAsia. Rather than being the work of casual hackers, both attacks involved what is known as advanced persistent threats (APTs) – and ...

Read More »

Several Spanish firms including telecom giant Telefonica targeted in cyber attacks

MADRID: Telecom giant Telefonica and several other Spanish companies were targeted in cyber attacks Friday (May 12), the government said. The energy ministry said it had “confirmation of various cyber attacks targeting Spanish companies”, adding the attackers used so-called ransomware which blocks access to files until a ransom is paid. Some staff computers at the firms were affected, but service ...

Read More »

Cyberattacks on govt sector doubled in 2016

Cyberattacks on the government sector doubled in 2016, hiking to 14 per cent from seven per cent of all cyber security attacks in 2015, according to new research. Attacks on the finance sector also rose dramatically from just 3 per cent in 2015 to 14 per cent of all attacks in 2016, said Dimension Data’s Executive’s Guide to the NTT ...

Read More »

Bitcoin soars above US$1,400 to all-time high

  LONDON: Bitcoin surged to an all-time high above US$1,400 on Tuesday, after more than tripling in value over the past year, with its most recent rise attributed to strong demand in Japan, where the digital currency has been deemed a legal means of payment. Cryptocompare, a data website that analyses bitcoin trading across dozens of exchanges globally, said around ...

Read More »

V-Exchange’s patent violation claim wrong because NCC approved our KwikCash Service since April 20, 2016 before its Oct 27, 2016 proposal- Etisalat

  (TRADE NEWSWIRE): Etisalat Nigeria has denied the claim of patent infringement by V-Exchange Ltd. which was reported recently in the media not TRADE NEWSWIRE, TRADE NEWSWIRE reports The management of V-Exchange claimed that it sent a business proposal dated 27th October, 2016 to Etisalat and subsequently met with Etisalat’s representatives on 23rd, November 2016, where it informed Etisalat of ...

Read More »

Samsung heir accused of bribery, perjury as trial opens

SEOUL: The heir to the huge Samsung business empire appeared in court Friday (Apr 7) at the start of his trial for embezzlement and perjury, part of a corruption scandal that brought down South Korea’s president. Lee Jae-Yong, the vice-chairman of Samsung Electronics, was brought into the Seoul Central District Court bound and handcuffed. Lee, who was arrested in February, ...

Read More »

Tuesday bankruptcy filing for Toshiba’s Westinghouse ideal option: source

TOKYO: Toshiba Corp’s U.S nuclear unit could file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter, hoping to ring fence losses ahead of the end of its financial year. But whether the complex bankruptcy filing, which threatens to involve both the Japanese and U.S. governments, can be achieved ...

Read More »

EPSCO-Ra, S.R.H. Marine Electronics partner to provide ‘best in breed’ Cyber Security for ships

EPSCO-Ra delivers a maritime purpose built Cyber Security Analytics and Monitoring service for ships and shore. Our solution operates across all satellite communication technology and platforms no matter who the provider is. We detect indicators of compromise that endpoint Antivirus and perimeter Firewall solutions cannot. Most importantly we are adaptive to new and future threats and have a 24/7 protective ...

Read More »

China Developing Floating Nuclear Power

China will prioritize the development of a floating nuclear power platform in the next five years, according to China Daily.The move is an effort to provide stable power for offshore projects. The news was announced by Wang Yiren, vice director of the State Administration of Science, Technology and Industry for National Defense who also highlighted potential application in the South ...

Read More »

America’s Tropical Shipping Orders Complete MAN Diesel & Turbo Packages

Tropical Shipping, the largest provider of reliable logistics solutions to the Bahamas and Caribbean, has ordered a series of MAN propulsion packages in China to complement an expansion of its vessel fleet. The company has ordered 4 × 1,100-teu container vessels, each equipped with an MAN B&W 6S60ME-C8.5 main engine, complete with TCA66-21 turbocharger and an SCR (Selective Catalytic Reduction) ...

Read More »

New Norwegian Shipping Company Provides Solution For Cleaner Fuel For Ships

CRYO Shipping AS has developed a new type of tanker design that will enable ship owners to implement clean and cheap bunkers. By major conversion of offshore vessels into LNG tankers the new established company aim to become the world’s first and largest LNG feeder and bunker operator. CRYO Shipping specializes in regional short sea shipping of liquefied natural gas ...

Read More »

China Shipbuilding Pushing Technology Envelope

China Shipbuilding Industry Corp (CSIC) has begun to upgrade the design of its first-ever floating nuclear power platform ready for a wider spectrum of applications. The company is also expanding its submersible construction activities.The floating nuclear technology can be used to provide electricity for oil rigs, offshore desalination plants or in remote areas such as the South China Sea. It ...

Read More »

GM, Honda to announce fuel cell technology advance – sources

DETROIT: General Motors Co and Honda Motor Co are expected on Monday to announce an expansion of their collaboration on fuel cell technology development, people familiar with the plans said following a notice of a press conference. GM and Honda on Friday said two senior executives would hold a news conference in Detroit with Michigan’s Lieutenant Governor, Brian Calley. Mark ...

Read More »

Microsoft’s market value tops US$500 billion again after 17 years

REUTERS: Microsoft Corp’s market capitalization topped US$500 billion for the first time since 2000 on Friday, after the technology giant’s stock rose following another quarter of results that beat Wall Street’s expectations. Shares of the world’s biggest software company rose as much as 2.1 percent to US$65.64, an all-time high, in early trading, valuing the company at US$510.37 billion. The ...

Read More »

GM to invest US$1b in US manufacturing, create 5,000 jobs

WASHINGTON: General Motors said on Tuesday (Jan 17) it will invest an additional US$1 billion in US manufacturing operations and create up to 5,000 jobs in the coming years, for which Donald Trump immediately took credit. The investments in new vehicle and advanced technology are tied to 1,500 new and “retained” jobs, while 450 will be returned to the US ...

Read More »

GE unit wins new Alba power plant deal

GE Power, a division of GE, today announced an order from Aluminium Bahrain (Alba) for a turnkey combined-cycle power plant, including three GE HA gas turbines, which will power the world’s largest single-site smelter. This win marks the first order for GE H-Class turbines in the Gulf, as well as the first use of H-Class turbines by the aluminum smelting ...

Read More »

Global clean energy investment falls to US$288 billion in 2016 – research

LONDON: Clean energy investment worldwide fell by 18 percent to US$287.5 billion last year due to sharp falls in renewable technology prices and less spending on projects by large markets China and Japan, research showed on Thursday. Chinese investment in renewable sources of energy, such as wind and solar, was US$87.8 billion last year, 26 percent lower than an all-time ...

Read More »

Solutions Proposed for Wind Propulsion Uptake Barriers

  A study commissioned by DG Climate Action, offers solutions to barriers to the adoption of wind propulsion technologies despite their potential for improving the energy efficiency of commercial shipping. The Study on the Analysis of Market Potentials & Market Barriers for Wind Propulsion Technologies for Ships identifies three main barriers that currently prevent the further development and uptake of ...

Read More »

Saudi embrace of ride-hailing apps drives economic, social change

DUBAI: Saudi Arabia hopes its plan to bring a further 1.3 million women into the workforce by 2030 will be given a lift from ride-hailing apps Uber and Dubai-based rival Careem. The cars, which the government says should only be driven by Saudi men, offer women, who are banned from driving in the conservative Muslim country, an alternative to being ...

Read More »

HMD launches its first Nokia smartphone

HMD Global Oy, which has the Nokia mobile phones brand licensing rights, has launched its Nokia 6 smartphone in China. The Nokia 6 marks the first step in HMD’s ambition to set a new standard in design, material quality and manufacturing innovation by building on the hallmarks of a true Nokia phone experience, the company said. The smartphone is priced ...

Read More »

Nissan looks to ‘zero-emission, zero-fatality’ future

Nissan has announced several technologies and partnerships that will advance mobility toward a zero-emission, zero-fatality future, said the company chairman speaking at the ongoing Consumer Electronics Show (CES) 2017 in Las Vegas, US. The event which opened on January 5 will conclude later today (January 8). As part of his keynote speech, Nissan chairman of the board and chief executive ...

Read More »

UAE nuclear project enters new phase of construction

The Emirates Nuclear Energy Corporation (ENEC) has achieved major milestones as it moves towards a new phase in the construction of Units 3 and 4 at the Barakah Nuclear Energy Plant which is now more than 50 per cent completed. The recent progress significantly advances Enec’s goal of delivering safe, clean, efficient and reliable nuclear energy to the UAE through ...

Read More »

Jaguar Land Rover buys stake in car technology firm CloudCar

LONDON: Britain’s biggest carmaker Jaguar Land Rover said on Friday it was buying a minority stake in connected car technology firm CloudCar, as automakers seek out new partnerships and investments to build high-tech models. Car manufacturers are developing connected cars, which use the internet to improve customers’ driving experiences and allow vehicles to communicate with each other, in a race ...

Read More »

Apple’s App Store sales surge past $20bn in 2016

Apple’s App Store generated unprecedented revenue of more than $20 billion for developers last year, up over 40 per cent from 2015, while it registered its busiest single day ever on New Year’s Day, capping a record-breaking holiday season. Since the App Store launched in 2008, developers have earned over $60 billion, creating app experiences for App Store customers across ...

Read More »

Dubai’s giant solar park on track for 2017 launch

  Dubai Electricity and Water Authority (Dewa) has said that 80 percent of the second phase of the Mohammed bin Rashid Al Maktoum Solar Park is complete, as of mid-December. The world’s largest single-site solar park based on the Independent Power Producer model (IPP), the Al Maktoum Solar Park will be developed at a total investment of Dh50 billion ($13.6 ...

Read More »

Shanghai, Trinidad and Tobago to Host Technology Centers

The IMO has announced the first two institutes selected to host regional maritime technology cooperation center under a project, funded by the E.U. and implemented by IMO, to help mitigate the harmful effects of climate change. Under the scheme, Shanghai Maritime University in China will host the center for the Asia region, while the University of Trinidad and Tobago will ...

Read More »

Australia, France Sign DCNS Submarines Deal

  Australia and France formally sealed an agreement on Tuesday under which French naval contractor DCNS will build a new fleet of submarines, a deal worth A$50 billion ($36.3 billion). Australia selected DCNS in April as its preferred bidder to build its fleet of 12 submarines, ahead of other offers from Japan and Germany. The deal signed on Tuesday finalizes ...

Read More »

Nissan targets 20pc cut in electric car prices

  Nissan Motor, Renault and Mitsubishi Motors will share a common electric vehicle platform hoping to come out with a plug-in priced at about 2 million yen ($17,000), around 20 per cent lower than today’s starting price, Nikkei newspaper reported. The strategy comes as Germany’s Volkswagen and Japan’s Toyota Motor are refocusing their efforts on electric vehicles in line with ...

Read More »

Fourth Astute Class Submarine Named

  Audacious, the fourth attack submarine in the Astute class, was officially named on Friday during a ceremony at BAE Systems’ submarine site in Barrow-in-Furness, Cumbria, UK. Audacious has been preceded by HMS Astute, Ambush and Artful, and the ceremony comes almost a year to the day since Artful was officially handed over. Rear Admiral Mike Wareham, Director Submarines Acquisition ...

Read More »

San Diego Yard May Be First to Go Solar-Powered

Marine Group Boat Works, or MGBW, says that it has become the first American yard to use solar power to construct boats. Its 500kW rooftop panel system is expected to make enough power to reduce MGBW’s net electricity consumption from the grid by 80 percent, reducing the yard’s greenhouse gas emissions and environmental footprint. The total cost was $1.2 million ...

Read More »

3M to sell identity management business

  3M, the maker of Scotch tape and Post-it notes, has entered into agreements to sell its identity management business to Amsterdam-based Gemalto, the world leader in digital security, for $850 million. 3M’s identity management business is a leader in identity management solutions providing biometric hardware and software that enable identity verification and authentication, as well as secure materials and ...

Read More »

German authorities probe Volkswagen’s Porsche for manipulation software

FRANKFURT: Germany is investigating whether Volkswagen’s sportscar brand Porsche used software to disguise exhaust emissions, the country’s car industry regulator said on Thursday, in a fresh blow to VW’s attempts to move on from a 15 month-old scandal. Germany’s Motor Transport Authority, KBA, said it was examining software that can measure the angle of a car’s steering wheel. At stake ...

Read More »

World’s largest solar power plant launched in India

  India is now home to the world’s largest solar power plant with the launch of its 648-megawatt (MW) facility at Kamuthi in the southern state of Tamil Nadu. Funded by Adani Green Energy, a part of India’s leading business house Adani Group, the solar power plant in Kamuthi entailed an investment of Rs4,550 crore ($679 million), reported the International ...

Read More »

2017: The Year of the Cloud

The past year has thrown a spotlight on the importance of Availability – both of services and data. From a number of high-profile systems outages across the globe (think travel!), the public has come to understand the importance of having access to accurate information and critical services on-demand. As we move into 2017, businesses will increasingly need to embrace customer ...

Read More »

Cyber threats ‘exploiting new technologies in 2017’

  The upcoming year will include an increased breadth and depth of attacks, with malicious threat actors differentiating their tactics to capitalize on the changing technology landscape, said a report. “Next year will take the cybersecurity industry into new territory after 2016’s threat landscape opened doors for cybercriminals to explore a wider range of attacks and attack surfaces,” said Raimund ...

Read More »

How the Port of Rotterdam is investing in cybersecurity

A major cybersecurity incident occurred at the port on 2 November 2016. Fortunately, it was a drill designed to train managers how to respond when a cyberattack cripples critical computer systems. Mayor Aboutaleb participated as well. The Port of Rotterdam is arming itself against criminals who encrypt files and demand massive payments to undo the encryption, cyberterrorists who may target ...

Read More »

Dubai unveils Autonomous Transportation Strategy to make 25% of trips driverless by 2030

  (TRADE NEWSWIRE): Dubai has launched Autonomous Transportation Strategy aimed at ensuring that 25 per cent of all trips are driverless by 2030, TRADE NEWSWIRE reports. The Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, posted the information on his Linkedin page to inform the public ...

Read More »

New Ship Efficiency Portal Launched

  At the World Ocean Council’s Sustainable Ocean Summit on Wednesday, Carbon War Room, exactEarth, and University Maritime Advisory Service (UMAS) launched BetterFleet, a free-to-access ship operational efficiency portal on ShippingEfficiency.org.Based on similar data and methods used by the IMO to assess the world fleet, BetterFleet shows how efficiently an individual vessel has operated over the past year and compares ...

Read More »

10 most important shifts in IT companies before 2020

  Global ICT research and consulting firm International Data Corporation (IDC) has laid out the ten most important shifts that will happen in IT organizations over the next 36 months and will guide senior IT executives in the formation of their three-year strategic IT plans. To help CIOs and IT executives successfully lead their organisations through the accelerating process of ...

Read More »

Chinese firms hit by huge increase in cyber attacks – survey

HONG KONG: Cyber attacks on Chinese companies have soared in the past two years, according to a survey, with new technologies that connect household items to the internet and allow them to receive and send data seen as particularly vulnerable. The average number of cyber attacks detected by companies in mainland China and Hong Kong grew 969 percent between 2014 ...

Read More »

Drones are mapping Indian cities – where they’re allowed

  MUMBAI (Thomson Reuters Foundation) – Officials in one of India’s fastest growing cities are using unmanned aerial vehicles (UAVs) to update land records in a pilot project that could be rolled out across the country if rules governing the use of drones were simpler, authorities said. Haryana state’s Project Udaan, or flight, is mapping the technology hub of Gurgaon, ...

Read More »

Big drop in turbines, generators market forecast

The global market for boilers, turbines, and generators (BTG) is set to decrease from a cumulative $318 billion during the period 2010-2015, to $241 billion during 2016-2020, according to research and consulting firm GlobalData. The BTG market will experience the drop as capacity installation from thermal fuels continues to decline due to an increased focus on renewable energy sources and ...

Read More »

HondaJet to debut in the Middle East

Honda Aircraft Company announced today that it will showcase the HondaJet at next month’s Middle East Business Aviation Association (MEBAA) Conference in Dubai, the region’s premier business aviation event. Taking place from December 6-8, the appearance at the Dubai World Central – Al Maktoum International Airport will mark the first time a HondaJet will be on public display in the ...

Read More »

What are the 14 key cyber threats to watch in 2017?

Intel Security has identified 14 threat trends to watch in 2017, the most critical developments to watch for in cloud security and the Internet of Things (IoT) security, and the six most difficult-to-solve challenges facing the cybersecurity industry. The McAfee Labs 2017 Threats Predictions Report reflects the informed opinions of 31 Intel Security thought leaders. It examines current trends in ...

Read More »

BMW to offer new version of i3 electric car in 2017 – Welt am Sonntag

        FRANKFURT: German luxury carmaker BMW plans to launch a new version of its i3 electric car next year with a longer range and revamped design, German weekly Welt am Sonntag reported, citing company sources. BMW will rework the front and rear of the i3 and equip the car with a new battery to increase its range ...

Read More »

Porsche targets 20,000 electric car sales a year – Automobilwoche

      FRANKFURT: Volkswagen’s Porsche division expects annual sales of about 20,000 for its first all-electric car, the Mission E, the luxury carmaker’s chief executive told a German magazine. Porsche, the second-largest contributor to VW’s group profit, plans to create at least 1,400 jobs to develop, build and sell its rival to Tesla’s Model S. The Porsche Mission E ...

Read More »

Samsung Electronics to consider split – Seoul Economic Daily

  SEOUL: South Korea’s Samsung Electronics Co Ltd will consider splitting itself into two as proposed by U.S. activist hedge fund Elliott Management, Seoul Economic Daily reported on Monday citing an unnamed source. A split would allow the heirs of the founding Lee family to strengthen their grip on the global smartphone leader, the crown jewel of the Samsung Group ...

Read More »

Cybercrime hits over 2.5m UAE consumers

  More than 2.53 million consumers in the UAE have been victims of online crime in the past year as hackers took advantage of consumer complacency, said a new report from Norton by Symantec, a global leader in cyber security. The annual Norton Cyber Security Insights Report shows that despite spending more than Dh5.2 billion ($1.4 billion) and an average ...

Read More »

Japan plans supercomputer to leap into technology future

      TOKYO: Japan plans to build the world’s fastest-known supercomputer in a bid to arm the country’s manufacturers with a platform for research that could help them develop and improve driverless cars, robotics and medical diagnostics. The Ministry of Economy, Trade and Industry will spend 19.5 billion yen (US$173 million) on the previously unreported project, a budget breakdown ...

Read More »

Nearly half the world goes online in 2016

  Mobile-broadband networks covered 84 per cent of the world’s population in 2016, yet with 47.1 per cent Internet user penetration, the number of Internet users remains well below the number of people with network access, a United Nations agency report said. While infrastructure deployment is crucial, high prices and other barriers remain important challenges to getting more people to ...

Read More »

Tech worker visas face uncertain future under Trump, Sessions

  SAN FRANCISCO: The main U.S. visa program for technology workers could face renewed scrutiny under President-elect Donald Trump and his proposed Attorney General, Senator Jeff Sessions, a long-time critic of the skilled-worker program. H-1B visas admit 65,000 workers and another 20,000 graduate student workers each year. The tech industry, which has lobbied to expand the program, may now have ...

Read More »

WhatsApp launches video calling globally

      SAN FRANCISCO: One of the world’s most popular means of communication, WhatsApp said on Monday (Nov 14) it will add fully encrypted video calling to its messaging app. WhatsApp, which boasts more than a billion users worldwide, said the new feature will be added in an app update for Android, iOS and Windows devices. Users can move ...

Read More »

Samsung to buy car tech firm Harman for US$8 billion, South Korea’s biggest overseas deal

  SEOUL: Samsung Electronics announced an US$8 billion deal on Monday to buy Harman International Industries, marking a major push into the auto electronics market and the biggest overseas acquisition ever by a South Korean firm. The electronics giant previously shunned big acquisitions, and the latest deal underscores a strategic shift as the company tries to break into the high-barrier ...

Read More »

KNUD E. HANSEN, Smart Engineering & Design Solutions (India) team up to design, build vessels for Andaman & Nicobar

  (TRADE NEWSWIRE): KNUD E. HANSEN (KEH) and Smart Engineering & Design Solutions (India) (SEDS) have recently teamed up to deliver two new vessel designs, each with two vessels to be built, for the Andaman & Nicobar Administration of India, TRADE NEWSWIRE reports. According to a statement obtained by TRADE NESWIRE from the Secretary  & Marketing, KNUD E. HANSEN, Camilla ...

Read More »

Global IoT market likely to top $7 trillion by 2020

  The worldwide installed base of the Internet of Things (IoT) will exceed 28 billion by 2020, while total market revenue could exceed $7 trillion, say analysts. IoT infrastructure must be able to support the demands of high data rates, large numbers of connected things, deep coverage, advanced data analytics, and security and data management capabilities, among other requirements. In ...

Read More »

Alphabet’s Google moves to upgrade app store

SAN FRANCISCO: Alphabet Inc’s Google is redoubling efforts to help developers of Android mobile apps build their businesses as concerns mount that the app economy has reached saturation. Under the leadership of Sameer Samat, who rejoined Google earlier this year after a spell as president of wearable tech firm Jawbone, the company is sharpening Google Play store recommendations with artificial ...

Read More »

COSCO and DEME in Offshore Wind Deal

  The Belgian dredging group DEME and China COSCO Shipping have formed a joint venture to develop offshore wind energy in China. As the largest shipping company in the world, China COSCO Shipping says it wishes to enter this new market segment and has found a partner in DEME’s subsidiary GeoSea, which has extensive experience in developing, building and maintaining ...

Read More »