Nairobi : Alphabet Inc’s Loon said yesterday it would deploy its system of balloons to beam high-speed Internet access with Telkom Kenya from next year to cover rural and suburban populations, marking its first commercial deal in Africa. Known as Project Loon,
Washington : President Donald Trump lashed out yesterday after Brussels hit US tech giant Google with a record fine, and warned he would no longer allow Europe to take “advantage” of the United States. “I told you so! The European Union just slapped
Toulouse : European aerospace giant Airbus conducted yesterday the first test flight of the giant new Beluga XL, an even bigger version of the company’s workhorse transport plane which has been in service since the mid 1990s. Decorated for the occasion as a “whale in the sk
Weybridge : Luxury air travel faster than the speed of sound: A US start-up is aiming to revive commercial supersonic flight 50 years after the ill-fated Concorde first took to the skies. Blake Scholl, the former Amazon staffer who co-founded Boom Supersonic, delivered the pledge this wee
Brussels : The European Union slapped Google with a huge 4.34-billion-euro fine for abusing the dominance of its Android operating system yesterday in the biggest antitrust penalty in the bloc’s history. EU Competition Commissioner Margrethe Vestager said the US tech giant illegally
Manama : National Bank of Bahrain (NBB) has reported a net profit of BD 36.79 million ($ 97.85 million) for the first half of 2018, an increase of 15.9pc as compared to the same period last year. In the year ago period, net income was BD 31.74m ($ 84.41m). Earnings per share (EPS) was 26.
Bloomberg : Jeff Bezos is the richest person in modern history. The Amazon.com founder’s net worth broke $150 billion in New York on Monday morning, according to the Bloomberg Billionaires Index. That’s about $55 billion more than Microsoft Corp. co-found