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Ford Factory
June 30th, 2026 - 09:43 GMT
P. Choiaqo

P. Choiaqo

Ford re-hires fired engineers after AI fails to meet expectations

ALBAWABA - Ford, trying to cut costs as companies do, has bought into the AI buzz and subsequently decided to fire their top safety and quality engineers after deciding that AI can do their job. Turns out, it can’t. Ford, whose boss Jim Farley said: “AI will leave a lot of white collar people behind,” has now rehired those white collar people after AI wasn’t what it was cracked up ...
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The increase in online shopping is forecast to continue as online adults look forward to increasing their online spending over the next 12 months
July 24th, 2019 - 12:00 GMT

UAE E-Commerce Market to Hit $16 Billion in 2019, Most Advanced in MENA

The report comes after Snap predicted record earnings for quarter two in its first quarter earnings report in April.
July 24th, 2019 - 11:00 GMT

Snapchat Users Soar to 203 Million Users in a Year

Iran has taken some similar steps to increase its revenues from tourism under US sanctions.
July 24th, 2019 - 10:30 GMT

Iran Extends Visa-Waiver Program for Chinese Tourists

Facebook said in April that it expected to pay up to $5 billion to settle the probe.
July 24th, 2019 - 10:00 GMT

Facebook to Pay $5 Billion Fine Over Users’ Privacy Violations

The IMF again stressed that resolving uncertainty remains the most pressing issue for the global economy
July 24th, 2019 - 09:30 GMT

IMF: Global Economy to Face a Precarious 2020

Countries of the GCC region also witnessed the completion of $88.5 billion (AED324.8 billion) worth of construction projects in the first half of 2019
July 24th, 2019 - 09:10 GMT

Saudi Arabia’s Construction Market Investments Reach $63.5 Billion in Q2 2019

The 5G-related investment would allow China to obtain a massive share in terms of intellectual property.
July 24th, 2019 - 09:01 GMT

5G: A Two-Edged Sword for China?

Nissan's net profit fell to a near-decade low in the last business year and it has already warned of "a difficult business environment" for the next 12 months.
July 24th, 2019 - 07:30 GMT

Nissan to Cut More Than 10,000 Jobs Around the World

The wind farm will be located 560 miles (896km) north of Riyadh, in the al-Jouf region.
July 24th, 2019 - 07:00 GMT

Financing Completed for Wind Power Plant Project in Saudi Arabia

EU is a reliable partner of Egypt.
July 24th, 2019 - 06:30 GMT

Egypt, EU Discuss Future Projects for 2020

Bank deposits have dipped by about 1.7% in the first five months of 2019.
July 24th, 2019 - 05:35 GMT

Now That the Budget Is Approved, What Is Indebted Lebanon's Next Step?

The region witnessed the completion of $88.5 billion worth of construction projects in the first half of 2019
July 24th, 2019 - 05:30 GMT

New Construction Projects Worth $125 Billion for the GCC in 2019

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