Facebook CEO Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth, Bloomberg reported.
Bahrain, News, Software
Bahrain sovereign wealth fund reduces IT costs by 50% with AWS
Sheikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister and Chairman of Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has recently announced the successful migration of the company’s IT infrastructure to the Amazon Web Services (AWS) cloud and the closure of its onsite and offsite data centres.0 4059
What the Uber-Careem deal says about Middle East startup culture
The MAGNiTT Exit report in 2017 revealed that there was a total of 60 startup exits – the point an investor (usually a venture capitalist) sells their stake in a firm to realise their gains – across the MENA in the years of 2012 to 2017.
Amazon to acquire $1 billion online pharmacy PillPack
Amazon is buying its way into the heart of U.S. healthcare, shaking up a prescription-drug industry already in the midst …
E-commerce, electronics firms among most “intimate brands” in UAE
E-commerce and electronic retail brands such as Amazon, souq.com, Sharaf DG and Jumbo Electronics are among the top 10 “intimate brands” in the UAE.
Microsoft plans to challenge Amazon with cashierless tech
Microsoft is reportedly working on technology that could be used to power check-out free retail stores.
Amazon purges smart toys from online shelves amid privacy concerns
Amazon and eBay are among retailers pulling a brand of cuddly smart toys from sale after warnings they pose a cyber-security threat.
How drones will reshape Middle East enterprises
If you’re a postman, look away now. Speedy home deliveries via drones are no longer science fiction myths. How soon can we expect this kind of service here in the Middle East, and how will it benefit the region’s enterprises?
Tech titans top world’s most valuable brands list
Technology brands have once again dominated in the Top 100 Most Valuable Global Brands ranking, accounting for over 50 percent of the top 100 and eight out of the top ten companies.
How Amazon’s Alexa has shocked users
Amazon has said a that series of miscues picked up by one of its voice-activated Echo speakers during a couple’s …
Apple inches closer to becoming first $1 trillion company
Apple is reportedly on the verge of becoming the first $1 trillion publicly listed US firm, according to Reuters.