Qatar Airways, JAL among suitors for Malaysia Airlines
Qatar Airways, JAL among suitors for Malaysia Airlines Three international carriers have put in bids to buy a strategic stake in the ailing Malaysian carrier, Malaysia Airlines, according to a report published on Saturday by business weekly The Edge Malaysia. Malaysia’s government said on Tuesday that sovereign fund Khazanah NasionalContinue Reading
French luxury group LVMH offers to buy U.S jeweler Tiffany
French luxury group LVMH offers to buy U.S jeweler Tiffany Louis Vuitton owner LVMH has approached Tiffany & Co with an acquisition offer, people familiar with the matter said on Saturday, at a time when the U.S. luxury jeweler grapples with the impact of tariffs on its exports to China.Continue Reading
ARM to continue supplying chip technology to Huawei
ARM to continue supplying chip technology to Huawei Chip designer ARM will continue to supply Huawei Technologies after the British company’s legal team ruled that its chip technology is of UK origin and would not breach U.S. restrictions on supplying the Chinese tech giant. Huawei, the world’s No. 2 smartphoneContinue Reading
AT&T’s plan to take on Netflix, Apple and Disney with HBO Max
AT&T’s plan to take on Netflix, Apple and Disney with HBO Max In the bestselling novel “Circe” — optioned by WarnerMedia for its forthcoming HBO Max streaming service — the daughter of the Greek god Helios tames wild beasts and menaces the gods. WarnerMedia executives want “Circe” to unleash aContinue Reading
Qualcomm creates $200 million fund for 5G uses beyond phones
Qualcomm creates $200 million fund for 5G uses beyond phones Qualcomm Inc on Thursday said it has created a $200 million venture capital fund to invest in startup companies looking to use 5G technology in devices other than smartphones. Qualcomm is supplying chips for 5G, the next generation of mobileContinue Reading
Comcast beats profit estimates on internet subscriber additions
Comcast beats profit estimates on internet subscriber additions Media and communications company Comcast Corp (CMCSA.O) beat Wall Street estimates for third-quarter profit on Thursday, as it added more high-speed internet customers, even as it lost video users. The company gained 379,000 high-speed internet subscribers, beating analysts’ average estimate of 344,000Continue Reading
Twitter revenue hit by weaker advertising, low demand; shares plunge
Twitter revenue hit by weaker advertising, low demand; shares plunge Twitter Inc posted worse-than-expected third quarter revenue and profit on Thursday, which the company attributed to advertising problems including product bugs and unusually low demand over the summer, sending its shares down about 15%. Shares of the micro-blogging platform droppedContinue Reading
Two of three polio viruses eradicated in ‘historic’ step: WHO
Two of three polio viruses eradicated in ‘historic’ step: WHO -The World Health Organization. The World Health Organization welcomed an “historic step” toward a polio-free world on Thursday as an expert panel certified that the second of three types of the crippling virus has been eradicated globally. The announcement byContinue Reading
New gold-based cryptocurrency set to launch in the UAE
Golden M Group has announced that Coin M will be the first of its kind in the Middle East A new gold-based, Sharia-compliant cryptocurrency is expected to enter the UAE market before the end of 2019. A new gold-based, Sharia-compliant cryptocurrency is expected to enter the UAE market before theContinue Reading
Hyundai releases car with solar panel roof
Hyundai releases car with solar panel roof Image copyrightHYUNDAI Hyundai has released a version of its Sonata hybrid that has solar panels to help charge its battery. The Korean car maker said up to 60% of the power for the car’s battery could be supplied if the solar roof wasContinue Reading