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HDB partakes in Nile Pioneers Initiative by financing of bank’s incubator for construction

“The incubator also supports green construction or any innovative solutions for the problems of the construction sector” writes Daily News Egypt for dailynewsegypt.com. Fathy Sebaey, chairperson of the Housing and Development Bank (HDB), and Hassan Ghanem, vice chairperson and managing director of the bank, witnessed the official launch ceremony of the Nile Pioneers Initiative.The HDB has contributed toward the development of the HDB construction incubator, providing developers with technical, legal, marketing, and financial support in order to create innovative solutions in the construction industry– whether mechanical solutions or the development…

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Grab is now the world’s 2nd most innovative company

“Fast Company, an American-based global business publication said the ride-hailing company is also the first when it comes to the transportation category” writes Sukhbir Cheema for mashable.com. Grab is the world’s second most innovative company among 50 others globally.In 2018, Grab recorded US$1 billion in revenue and obtained more than US$3 billion of funds from investors to expand its business even more.This year, the ride-hailing company aims to add healthcare services as it continues to stem its presence in the Southeast Asian region over rival, Uber. Source: mashable.com

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High-Tech Gadget Lets Thieves Steal Credit Card Info At Gas Pumps…

“In a memo to its field offices, Krebs reports, the agency said some high-tech thieves have devised an innovative way to steal your credit card information: adding next-gen credit card skimmers to gas pumps” reports fastcompany.com. These nasty little gadgets swipe the data from cards that use the contactless payment method at the gas pump. Source: fastcompany.com

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Markets News 

How Innovative Companies Help Frontier Markets Grow

“And the third type, which is one that many frontier markets are known for is what we call efficiency innovations” reports hbr.org. We see a similar thing happen with successful companies that go into frontier markets.There was a time when the demographics in the United States resembled or were even worse than many of the demographics in frontier markets today.ALISON BEARD: So, my first reaction and I think many people’s reaction when hearing your premise is that undeveloped markets — frontier markets — just really aren’t easy places to do…

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CES 2019: The Epicenter of Innovative Technology

“As the global stage for digital technology, CES 2019 in Las Vegas showcases everything that is being done now, or happening next, in digital innovation” writes Presented Total for cnbc.com. When it comes to digital innovation, CES — formerly the Consumer Electronics Show — is the annual gathering most eagerly anticipated by the entire high-tech world. Fifty-two years later, it covers topics such as artificial intelligence, 5G connectivity, new equipment, gaming, health and wellness, self-driving cars and smart cities.This year’s show focuses on artificial intelligence, the latest seismic shift. Source: cnbc.com

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Do DC leaders want more innovative transportation or not?

“Washington, D.C., is dealing with increasing concerns about traffic congestion and searching for greener transportation options” writes Ap Photo Brinley for washingtonexaminer.com. With relatively few hurdles, entrepreneurs and innovative companies like Bird, Lime, and Jump brought dockless scooters and bikes to the area.Those who choose to embrace a variety of transportation options have the best chance of attracting and retaining a 21st century workforce. Source: washingtonexaminer.com

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Lufthansa and IBM Watson think AI can convince you to use your vacation days

“Lufthansa has teamed up with IBM Watson Advertising to launch an AI-powered ad, a first for the airline industry” reports fastcompany.com. The campaign focuses on exploring a world of new possibilities in an effort to get would-be travelers off the couch and into a seat on one of Lufthansa’s planes.The interactive ads, powered by IBM Watson, let consumers chat in natural language and ask general airline questions about what it’s like to fly Lufthansa.The ads (being ads and all) also try to lure customers into taking a European vacation by…

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How Tor.com went from website to a publisher of sci-fi’s most innovative stories

“In July 2008, science fiction publisher Tor launched a new website called Tor.com to promote its upcoming releases” writes Sep Edt for theverge.com. Over the years, Tor.com experimented with short fiction in ways that its predecessor print publications like Asimov’s Science Fiction or Analog Science Fact and Fiction didn’t.This week, the site published the anthology Worlds Seen in Passing: 10 Years of Tor.com Short Fiction, which celebrates the best of the site’s fiction in the decade that it’s been in operation. Source: theverge.com

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Chinese firm touting ‘innovative’ software to beat US rivals is found using parts of Google’s code

“A Chinese technology firm that made an internet browser it claims is used by the government and can break the “monopoly” of U.S. software has been found to use parts of Google’s Chrome browser” writes Arjun Kharpal for cnbc.com. Redcore, a Chinese start-up said it has developed “core technology” with “independent intellectual property rights” in regards to its browser. Source: cnbc.com

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