Archive / may - 2022
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Tesla sues engineer over theft of its Dojo supercomputer technologyTesla Motors, the world's biggest electric vehicle manufacturer, sued a former engineer claiming he illegally transferred confidential information on its supercomputer technology to his own...World food prices fall in April to provide ‘a welcome relief' for low-income countriesWorld food prices decreased last month after reaching a high in March amid repercussions from Russia's military offensive in Ukraine, the UN Food and Agriculture...How Integrators can Expand a Residential Security OfferingIn the security industry, the expression “peace of mind” has come to signify the collective emotional benefit of security services. Today, those words have never...
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Global Energy Concerns Could Quicken Transitions, Investments Survey FindsInternational energy volatility has led many in the industry to expect quicker energy transitions with investment in a diverse energy mix, to a have a...Intel May Delay Arc Desktop GPUs Until the End of AugustThe release of Intel's Arc Alchemist desktop graphics cards could be postponed, according to a new report published by Igor Wallossek on his Igor's Lab...
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Huge volume of water detected under Antarctic iceThe volume is equivalent to a reservoir that is several hundred metres deep. The water was detected below the Whillans Ice Stream, but its presence...Companies envision taxis flying above jammed trafficAs urban traffic gets more miserable, entrepreneurs are looking to a future in which commuters hop into "air taxis" that whisk them over clogged roads....Business activity in Lebanon's private sector deteriorates in April amid rising inflationBusiness activity in Lebanon's private sector economy continued to deteriorate in April, albeit at a softer pace, affected by rising inflation and continuing political instability...How to remove gummy buildup from wood furnitureQ: What is the best way to clean older wood furniture that has gummy buildup from the finish breaking down and/or cleaning product buildup?A: When...
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Uber to hire 500 techies for India tech centres by DecemberUber Technologies on Wednesday announced a fresh round of recruitment for its India tech centres, outlining plans to hire 500 more techies by December. The...Ukraine sanctions: What pain lies ahead for Russia's economy?It has been hammered by sanctions introduced by Western countries since February. The initial shock forced the stock market in Russia to close temporarily and...Apple revamps services team to focus on lucrative streaming and advertising marketsApple is restructuring its services business to further tap into high-revenue segments such as streaming and advertising, the latter of which is now “big enough...Mubadala reports strongest annual profit in 20-year historyMubadala Investment Company, Abu Dhabi’s strategic investment arm, said comprehensive income surged almost 70 per cent in 2021, making it the "strongest financial year" in...Libya may reopen closed oilfields soon, interim prime minister saysLibya's interim prime minister said closed oilfields and ports in the Opec member state may soon reopen, despite his leadership rival’s energy minister claiming that...
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Taqa's Q1 profit rises 37% on higher oil pricesAbu Dhabi National Energy Company, better known as Taqa, reported a 37 per cent increase in first-quarter profit as revenue grew during the period on...Aramex profit grows 3% on higher revenue in first quarterAramex, the Middle East’s biggest courier company, reported a 3 per cent annual rise in net profit on higher revenue and improving global operations. Net...Budget-Friendly Sonos Ray Soundbar Coming in JuneSonos just introduced its lowest-priced soundbar yet, the Sonos Ray, which will go on sale June 7 for $279. The new model—designed for simple setup...Apple May Finally Kill the Lighting JackAnother year, another rumor about the iPhone ditching Lightning for USB-C. But this rumor may be rooted in solid ground. Not just because it comes...
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Elon Musk says Twitter deal 'temporarily on hold'Elon Musk said Friday that his plan to buy Twitter for $44 billion is “temporarily on hold” as he tries to pinpoint the exact number...Toshiba in early talks with 10 potential buyout 'partners'Troubled conglomerate Toshiba said Friday it has been approached by 10 potential investors as it weighs going private, a move that would be highly unusual...SolarEdge announces the premiere of its SolarEdge Home product portfolio at Intersolar Europe 2022Smart energy technology company SolarEdge Technologies has announced its SolarEdge Home during the Intersolar 2022 fair in Munich this week (11th to 13th May), being...
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UAE enters 'new era of growth and prosperity' under President Sheikh Mohamed's leadershipThe UAE is entering a new era of "growth and prosperity" under the leadership of Sheikh Mohamed bin Zayed, the country's new President, which will...Hyatt Regency Erbil Residences celebrates official openingHyatt Hotels Corporation celebrates the opening of Hyatt Regency Erbil Residences in Iraq. Comprised of 93 stylishly furnished serviced apartments, Hyatt Regency Erbil Residences offers...Battery-powered Greek island bets on green futureWhen deciding where to test green tech, Greek policymakers picked the remotest point on the map: tiny Tilos. Providing electricity and basic services, and even...Sri Lanka stumbles closer to default as economic crisis worsensSri Lanka is sliding into a default as the grace period on two unpaid foreign bonds ends on Wednesday, the latest blow to a country...Egypt, Okeanos sign deal to manufacture plastics made from stonesTo reduce plastic and CO2 footprint, Egypt headed to take advantage of a new technology of producing plastics made from stones.The Egyptian Ministry of Environment,...
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Asian shares advance despite losses on Wall StreetShares advanced in Asia on Tuesday after another wobbly day extended a losing streak on Wall Street. Hong Kong advanced 2.5% and other regional benchmarks...Perseverance: Nasa rover begins key drive to find life on MarsTuesday will see the six-wheeled robot begin the climb up an ancient delta feature in the crater where it landed. It will roll uphill, stopping...LG Chem Develops Advanced Plastic Product to Prevent Thermal Runaway in EV BatteriesLG Chem (KRX: 051910) today announced that it has developed a new plastic product for battery application that is capable of preventing the spread of...
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UK inflation hits 40-year high of 9% as energy costs rocketThe UK's rate of inflation increased at its fastest rate on record last month in a clear demonstration of the cost-of-living crisis, according to new...Russia sanctions acting like a 'nuclear weapon' on global financeThe West's fusillade of sanctions on Russia following its invasion of Ukraine has been likened to the detonation of a “nuclear weapon” by a leading...Powell says the Fed will not hesitate to keep raising rates until inflation comes downFederal Reserve Chair Jerome Powell emphasized his resolve to get inflation down, saying Tuesday he will back interest rate increases until prices start falling back...Bitcoin production has roared back in China thanks to an underground mining sceneBitcoin miners aren’t giving up in China despite Beijing’s ban on the practice. China was once the world’s biggest crypto mining hub, accounting for between...Amazon's Outlet Has Furniture Deals Up to 60% Off — Shop Sofas, Patio Sets and MoreJust when we thought prices couldn't get lower on Amazon, the online retailer has their own Amazon Outlet — and the furniture deals in this...
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Royal Mail seeks to slash costs by £350m after missing profit targetRoyal Mail on Thursday identified £350 million ($432.92 million) in cost savings this year to battle inflationary pressures and the slowing British economy after the...Japan records trade deficit as imports surge on energy costsJapan recorded a trade deficit in April as its imports ballooned 28% due to soaring energy costs and the yen's weakness against the dollar. Japan’s...Hypotube trends: how customisation is leading to innovation for medical devicesWhile many people may be lucky enough to have never undergone hospital treatment, one medical device most people are familiar with is hypodermic needles. These...
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Seven new eco retreats opening soon in the UAESaudi Arabia’s Red Sea will welcome another new addition to its luxury travel destinations next year with the launch of the first Miraval resort outside...Canada bans China’s Huawei Technologies from 5G networksWireless carriers in Canada won’t be allowed to install Huawei equipment in their high-speed 5G networks, the Canadian government said Thursday, joining allies in banning...Trade chiefs from the US and others walk out of Apec talks over Russia's Ukraine invasionRepresentatives of the US and several other nations walked out of an Asia-Pacific trade ministers meeting in Bangkok on Saturday to protest against Russia's invasion...Dubai dissolves tribunal handling financial settlements related to Dubai WorldDubai said on Friday it is dissolving a special tribunal that was set up in 2009 to resolve disputes pertaining to financial settlements related to...SK Hynix's New SSD Boasts 1.4 Million IOPSSK hynix has released a brand new PCIe Gen 4 SSD known as the Platinum P41, featuring capacities of up to 2TB and sequential speeds...
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Apple car: design, self-driving technology and what we know so farApple has arguably changed our lives more than any other company in the world during the past two decades or so. But aside from its...Prince Alwaleed sells 16.87% stake in Kingdom Holding to PIF in $1.5bn dealKingdom Holding, the Saudi Arabian investment company controlled by Prince Alwaleed bin Talal, sold a 16.87 per cent stake in the company to the country’s...Extinction: Why scientists are freezing threatened species in 'biobanks'The bird is a chattering lory - an elderly resident at Chester Zoo, and a species listed by the International Union for the Conservation of...Households are now spending an estimated $5,000 a year on gasolineU.S. households are now spending the equivalent of $5,000 a year on gasoline, up from $2,800 a year ago, according to Yardeni Research. In March,...Why You Should Enjoy Your Next Vacation By BoatBeing able to have the perfect vacation is so important, and there are plenty of brilliant ideas you can use that will help you make...As temperatures climb, air conditioners are pricier and in short supply, hardware stores sayCustomers are streaming into Zach Gaumond's hardware store in Falmouth searching for ways to keep cool. "As of, I'd say probably like Tuesday, we've been...
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Cost-of-living gap between the UK's rich and poor at highest on record, says studyThe cost-of-living gap between the richest and poorest households in the UK has reached the highest since records began in 2006, research suggests. The Resolution...cocoa exporter Ivory Coast plans to become global chocolate supplier, says PMThe Ivory Coast has ambitions to sell chocolate made in the West African country around the world as the major cocoa exporter aims to increase...MSI MPG Z690 Edge WIFI DDR4 Motherboard Review: Affordable Enthusiast Bliss?The MSI Z690 Edge WIFI DDR4 hails from the MPG line of motherboards, in the middle of the company’s product stack. While it may not...
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10 countries Sheikh Hamdan has travelled to, from Cannes to Maldives and MongoliaWith travel back on the cards for many people and summer right around the corner, Sheikh Hamdan bin Mohammed may inspire some new ideas for...SpaceX capsule brings four astronauts home from six-month missionThe third long-duration astronaut team launched by SpaceX to the International Space Station (ISS) has safely returned to Earth, splashing down in the Gulf of...Japan, U.S. to deepen semiconductor alliance amid supply crunchJapanese Prime Minister Fumio Kishida and U.S. President Joe Biden agreed Monday to deepen cooperation in semiconductor research and development to expand their nations' production...Raja Al Gurg succeeds her father at helm of Easa Saleh Al Gurg GroupUAE businesswoman Raja Al Gurg has been appointed the new chairwoman of Easa Saleh Al Gurg Group, the Dubai-based multidivisional conglomerate. She will also retain...Boeing says sufficient financing available to back jet deliveries as travel recoversBoeing expressed optimism about improvements in the financing available to jet buyers to take deliveries as air travel demand recovers from Covid-19. Capital markets continued...Moving beyond paper workflows for medical device trialsAround March 2020, sponsors were in a pinch: They had to quickly embrace electronic patient reported outcomes (ePRO), electronic informed consent (eConsent) and other decentralized...
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New Hampton by Hilton opens in Oakhurst-Yosemite MarketA new Hampton by Hilton has opened its doors in Oakhurst, California. Hampton Inn Oakhurst-Yosemite welcomed its first guests on Thursday, May 19. The property...TikTok lets creators charge monthly subscriptionsTikTok says it will start letting some popular accounts at the video-snippet streaming star charge subscriptions for live streams. Similar money-making tools have been added...GCC economies set to reap $1.4tn in additional oil windfall in 5 years, IMF saysGulf economies will receive up to $1.4 trillion in additional revenue in the next four to five years as oil prices remain high and headline...Asian stock markets higher after Wall St sinks furtherAsian stock markets gained Wednesday after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand. Shanghai,...Make your small business more sustainable with eco-friendly office suppliesFiguring out ways to be resourceful and more environmentally conscious at work can include your office supplies. When looking for ways to lower your carbon...
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Virtual reality brings portable Taser training to U.S. policeA combative man approaches, moving quickly toward a police officer who pulls out a Taser. The man is wearing a heavy jacket, which could mean...Mubadala to expand UAE companies' operations to compete globallyMubadala Investment Company aims to expand the operations of its UAE companies and help them to become “globally renowned competitors to the biggest companies out...World Bank boss warns over global recessionDavid Malpass told a US business event on Wednesday that it is difficult to "see how we avoid a recession". He also said that a...Update your home with the best 2022 Memorial Day furniture salesWhat is it about the ushering in of new seasons that causes us to crave a home makeover? With summer unofficially kicking off at the...
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Hiring may slow down soon as Russia crisis, rising rates biteThe job market frenzy of the last few months is likely to see some tapering off in the coming quarters partly because of a natural...Philippines drops Covid-19 tests for vaccinated travellersThe Philippines is easing its Covid-19 border restrictions for holidaymakers. Travellers who are fully vaccinated, and have had a booster shot of an approved Covid-19...Web3 eases technology access for women and minorities, experts sayWeb3 has opened up access to technology and decentralisation for women and minorities everywhere, Cathy Wu, director of investor relations at Multicoin Capital, has said....IMF says Sri Lanka needs to restore debt sustainability to secure fund's supportSri Lanka's government needs to provide assurances about its debt sustainability to secure any kind of support from the International Monetary Fund, the Washington-based lender...Here's how Asian nations could avert a bigger food crisisThe world’s food problem is already severe as prices jump and protectionism flares but there is a good chance governments can stop it from becoming...Letter Asks States to Use Federal Funds for Energy Efficiency ProjectsSeveral dozen businesses and organizations are asking state government leaders to take advantage of an increase in federal funds by investing in energy efficiency programs.In...
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Gas prices, inflation impacting Summer travel decisions more than CovidMemorial Day weekend marks the start of summer travel season, a traditionally busy time for the hotel industry. And this year, nearly seven in ten...Elon Musk's ally Egon Durban will not leave Twitter's board, company saysTwitter's board member Egon Durban, an ally of billionaire Elon Musk, will not leave the company’s board, even though he proposed to resign after shareholders...Moody's affirms Egypt's credit rating on economic resilienceMoody's Investors Service affirmed Egypt’s sovereign credit rating on the “proactive crisis response” of authorities in the Arab World’s most populous country and their track...Amul makes foray into organic food industryDairy major GCMMF, which markets its products under Amul brand, on Saturday announced entry into organic food market with the launch of organic wheat flour....
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US market regulators scrutinise Elon Musk's Twitter stock purchaseUS market authorities have asked billionaire businessman Elon Musk to explain an apparent delay in reporting his Twitter stock buys, as the Securities and Exchange...Dubai's creative economy attracts most FDI regionally and second globallyDubai's creative economy ranked first regionally and second globally in attracting foreign direct investment projects in 2021, according to a new report. The emirate attracted...Toyota's April global sales fall 11% on chip crunch, COVID lockdownToyota Motor Corp said Monday its global sales in April dropped 11.1 percent from a year earlier to 763,708 vehicles, declining for the eighth straight...My $863 Endgame Keyboard Is Perfect, for NowThe Rama Works U80-A is an endgame keyboard — a custom keyboard so perfectly attuned to my exact needs that it should be the last...
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Agthia to expand in Saudi Arabia with $24.5m greenfield investmentAbu Dhabi-based food and beverage company Agthia is expanding further in Saudi Arabia with a greenfield investment worth Dh90 million ($24.5m) that will be used...Oil bull run extends as EU agrees to ban most Russian crude imports by end of 2022Oil prices extended their rally on Tuesday after the EU agreed to ban most of Russia's oil imports by the end of the year, raising...Recover™ Opens Manufacturing Facility In Bangladesh To Meet Recycled Cotton Fiber Scaling AmbitionsRecycled cotton fiber producer, Recover™, has announced the official opening of its new facility in Bangladesh, expanding the company´s manufacturing capabilities and accelerate its efforts...