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Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.
  • Twitch video gamers go offline to protest ‘hate raids’

    The protest organized using the social media hashtag #ADayOffTwitch was intended to get Twitch to do more to protect streamers...

    The extent of the protest remained unclear, but a TwitchTracker website indicated that there were nearly 4,000 fewer channels streaming at Twitch than the daily average

    The protest organized using the social media hashtag #ADayOffTwitch was intended to get Twitch to do more to protect streamers from attacks

  • Twitter lets star users make money from subscriptions

    The move came as Twitter strives to be a preferred online venue for clickable stars and to boost its own...

    The move came as Twitter strives to be a preferred online venue for clickable stars and to boost its own income in ways that don't clutter the platform up with ads or promotions

    The company, which has more than 200 million active users, is looking for new ways to generate revenue without further more advertising

  • UAE financial organisations under pressure to enhance security: Study

    Banks and FSIs come under pressure from government, shareholders, employees and customers as security risks increase during the pandemic

    Banks and FSIs come under pressure from government, shareholders, employees and customers as security risks increase during the pandemic

    Citrix worked with OnePoll to survey 600 IT managers in the financial services and banking sectors in South Africa, Saudi Arabia and UAE

  • Now website owners may apply for ‘.abudhabi’ domain names

    Abu Dhabi’s Department of Government Support has announced ‘.abudhabi’ as the official internet TLD name for the emirate.

    The domain name is accessible to all citizens, residents, and employers working inside and outside the emirate

    More than 550 uniform resource locators or URLs have been registered to the ‘.abudhabi’ domain name to date

  • Four major UAE banks post $4bn net profit in first half

    The combined net profit of four major banks in the United Arab Emirates has vaulted to $4 billion in the...

    Moody's said the four banks combined net profit increased from last year, but returns on assets remains below pre-pandemic levels

    The four big banks account for 77 percent of UAE banking assets, Moody’s said

  • Investcorp, Riverside sell Arrowhead Engineered Products

    Investcorp, a Bahrain-based alternative investment management firm, and global private investor Riverside Co. have sold Arrowhead Engineered Products (AEP) to...

    Private equity firm Genstar acquired the replacement parts supplier

    The financial terms of the transaction were not disclosed

  • Windows 11 rollout from October 5

    Microsoft said the first rollout would upgrade Windows 10 PCs.

    The free upgrade for Windows 10 PCs will be phased and measured with a focus on quality

    Computers that come preloaded with Windows 11 will also become available for purchase from October 5

  • Agthia to buy Dubai snack company

    The group has endorsed the full acquisition of BMB Group.

    The deal would represent Agthia’s second investment in the snacking and healthy food market, following its acquisition of date company Al Foah earlier this year

    The value of the all-cash deal was not disclosed

  • Google extends remote work option due to pandemic

    Google campuses will remain voluntary globally through Jan 10. Local offices can decide when to ask employees to return to...

    Workers promised 30 days' notice before they would have to return to their offices.

    An extra day off in October and December granted as "reset days" to "rest and recharge."

  • OptiNAND: WD’s new disk feature

    Data retention, performance enhanced in the new architecture.

    OptiNAND offers customers a solution to meet the demand for storing vast amounts of data.

    A drive works smarter with enhanced firmware algorithms.

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