Friday, 18 October 2019

Business

European privacy search engines aim to challenge Google

LONDON: In the battle for online privacy, Google is a US Goliath facing a handful of European Davids. The backlash over Big Tech’s collection of personal data offers new hope to a number of little-known search engines that promise to protect user privacy. Sites like Britain’s Mojeek , France’s Qwant ...

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Brexit deal: The end of a loveless 46-year marriage

Ouerdya AIT ABDELMALEK: The divorce deal approved by Britain and the European Union on Sunday sets the stage for the end of a nearly 46-year marriage of convenience, built on prudence rather than shared dreams. “It’s been a utilitarian relationship since 1973 and the emphasis was always on the economic ...

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EU, Britain agree draft declaration on post-Brexit ties

  LONDON: The EU and Britain agreed a draft declaration laying out plans for “ambitious, broad, deep and flexible” relations after Brexit, setting the stage for the divorce to be finalised at a weekend summit. The EU Council President Donald Tusk said the 26-page declaration, outlining how Britain will work ...

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Sri Lanka state banks to borrow up to $1bn before end 2018

COLOMBO: Sri Lanka’s three state banks will borrow up to $1 billion from foreign sources before the end of 2018 and use the money to pay off maturing foreign loans, Finance Ministry Secretary S.R. Attygalle said on Thursday. Sri Lanka, which is currently embroiled in a political crisis following the ...

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Samsung Electronics apologises for semiconductor cancer cases

SEOUL: Samsung Electronics apologized Friday to workers who developed cancer after working at its semiconductor factories, ending a decade-long dispute at the world’s top chipmaker. “We sincerely apologise to the workers who suffered from illness and their families,” said Samsung co-president Kim Ki-nam. “We have failed to properly manage health ...

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Ivanka Trump used personal email for govt business

WASHINGTON: The US president’s daughter and senior advisor Ivanka Trump used a personal email account for government business in violation of federal records rules, The Washington Post reported. The Post, citing anonymous sources, said the discovery was made by White House officials reviewing emails in response to a public records ...

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Siemens to build new London Underground trains

FRANKFURT-AFP: German manufacturing conglomerate Siemens will build almost 100 new trains to replace the decades-old rolling stock on London Underground’s Piccadilly Line, the group said in a statement Tuesday. “London Underground… signed a contract with Siemens Mobility to design and build 94 new generation Tube trains worth around 1.5 billion ...

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BASF starts programme to boost earnings by 2bn eur from 2021

FRANKFURT: German chemicals maker BASF will launch what it called an excellence programme to boost annual earnings by 2 billion euros ($2.3 billion) from 2021 onwards. “The programme will include measures focused on production, logistics, research and development as well as digitalization and automation activities and organizational development,” it said ...

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Nepal’s first robot waiter is ready for orders

KATHMANDU: “Please enjoy your meal,” says Nepal’s first robot waiter, Ginger, as she delivers a plate of steaming dumplings to a table of hungry customers. The poor Himalayan nation is better known for its soaring mountain peaks than technological prowess, but a group of self-taught young innovators are seeking to ...

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BlackBerry to buy cybersecurity firm Cylance for $1.4bn

CALIFORNIA: BlackBerry Ltd said on Friday it will acquire Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion in cash to help expand its QNX unit that makes software for next-generation autonomous cars. Besides the cash component, the deal includes the assumption of Cylance’s unvested employee incentives, BlackBerry said. ...

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