Walmart launches cheaper HD tablets with Android 10

San Francisco: After Amazon, retail giant Walmart has now launched two cheaper models of its Onn tablet, the 8-inch version for $99 and the 10-inch model for $129. The new tablets feature Google Play, Android 10, USB-C port and an HD display. According to The Verge, the 8-inch tablet includes an HD LCD display, 32GB […]

COVID-19 impact: Foreign Investors pulled out over $16b from India

Dubai: Amidst global economic recession due to coronavirus, foreign investors have pulled out an estimated $26 billion from developing Asian economies and over $16 billion out of India, a latest Congressional report has said. “Foreign investors have pulled an estimated $26 billion out of developing Asian economies and more than $16 billion out of India, […]

ADQ, an Abu Dhabi based holding company launches Dh1.1 billion venture fund

Abu Dhabi: ADQ, (formerly Abu Dhabi Developmental Holding Company) one of the region’s largest holding companies with a diverse portfolio of major enterprises spanning key sectors of Abu Dhabi’s non-oil economy, on Wednesday announced the launch of Alpha Wave Incubation (AWI) Fund, a new Dh.1 billion venture fund located at Abu Dhabi Global Market (ADGM). AWI […]

Uber says cutting 3,000 jobs and trimming investment

SAN FRANCISCO – Uber on Monday announced it is cutting a quarter of its global workforce and trimming investment to survive the financial hit to its business from the coronavirus pandemic. The San Francisco-based company is laying off about 3,000 people and stopping some investments unrelated to its core ride-share and delivery businesses, according to […]