Dubai SME launches Tjaarz Business Incubation Centre

Dubai: Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, announced the launch of the ‘Tjaarz Business Incubation Centre’ in Business Bay. The new centre is an integrated platform for young citizens and entrepreneurs with creative and ambitious ideas in the tourism, franchising, and e-commerce sectors. It […]

GE, AerCap to create jet-leasing giant in $30 billion deal

General Electric Co. agreed to sell its jet-leasing business to rival AerCap Holdings NV, bringing together the world’s two biggest aircraft financiers in a deal that’s poised to reshape a market already roiled by the coronavirus pandemic. Under the deal, valued at more than $30 billion, GE will receive $24 billion in cash plus 111.5 […]

Google slams Microsoft over stance in media payments

San Francisco: Google on Friday took aim at Microsoft, accusing its technology rival of “distraction” for siding with governments seeking to force tech platforms to pay media organisations for news content. In a blog post, Google argued that Microsoft was trying to divert attention from a potentially devastating attack on Exchange emails servers by hackers […]

Walmart partners with TikTok for new livestream shopping

San Francisco: After running a successful pilot, retail giant Walmart is now set to host another livestream shopping event on TikTok on Thursday. Walmart brought a shoppable livestream experience to US TikTok users for the very first time in December 2020. “The TikTok community enjoyed shopping while engaging with their favourite creators. During the event, […]