Gartner research has revealed that 55 percent of respondents would not consider riding in a fully autonomous vehicle, while 71 …
News, Software
UAE CIOs rank cloud as a top investment priority
With 85 percent of UAE CIOs ranking cloud as their top investment priority to 2020, managing multiple clouds will be the foundation for business success, industry experts revealed recently.0 3554
InfoFort launches VAT compliance solutions
Addressing business governance and compliance needs, InfoFort, an Aramex company, has launched VAT Compliance and Automation Solution for the GCC …
Uber denied new London operating licence
Transport for London (TfL) has announced that Uber will not be issued a new private hire licence.
DEWA, Dubai Airports ink MoU to promote Smart Dubai
The Dubai Electricity and Water Authority, DEWA, has recently signed a memorandum of understanding with Dubai Airports, as part of efforts to expand co-operation and joint partnerships to promote Smart Dubai initiatives.
Google to acquire 2,000 HTC employees in $1.1bn deal
HTC will receive $1.1 billion in cash from Google as part of the transaction. Separately, Google will receive a non-exclusive license for HTC intellectual property (IP).
ADGM teams up with CoreFiling to enhance e-reporting procedures
The e-reporting system is part of the ongoing initiatives by the Financial Services Regulatory Authority (FSRA) of ADGM, to better address the needs of its stakeholders.
Dubai-based after-school events firm launches $1m blockchain scheme
Afterschool will use a blockchain-based payments system where parents can use the tokens, and other cryptocurrencies such as Bitcoin, to book and pay for activities provided both by Afterschool and third party affiliates.
Oracle unveils new cloud programmes to challenge AWS prices
Larry Ellison said Oracle is aiming to get to a point “where we can guarantee that if you move a workload from Amazon to Oracle, your bill will drop by 50 percent.”
Alshaya invests in Noon for retail partnership
Retail franchise operator M.H. Alshaya Co. has acquired a strategic stake in Noon, the region’s yet-to-be-launched e-commerce platform. Alshaya will …
Slack valued at $5.1bn following SoftBank funding round
SoftBank said on Monday that its Vision Fund led a Series G funding round alongside Accel and other investors, topping up Slack’s existing $540 million in funding to $790 million.