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Dropbox files for IPO of up to $500 million

Data-sharing business Dropbox on Friday filed for an initial public offering of up to $500 million with the US Securities and Exchange Commission. The San Francisco-based company, which started as a free service to share and store photos, music, and other large files, competes with much larger technology firms such …

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UAE unveils prototype of Hyperloop design

The United Arab Emirates unveiled a prototype of a high-speed hyperloop vehicle in Dubai on Thursday. Hyperloop One signed an agreement with Dubai in August 2017, to “evaluate” the building of the world’s first near-supersonic hyperloop transport system in the Gulf emirate. “We are here today to sign a historic …

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Space-X lobs Spanish military satellite into orbit

WASHINGTON: Elon Musk´s Space-X sent a Spanish military satellite into orbit Thursday in a hitch-less liftoff from California, extending the private space company´s record of successful launches. Space-X, which proved the utility of its massive Falcon Heavy rocket earlier this month, put up the Paz imaging satellite and two of …

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Facebook launches $10 million community leader awards

LONDON: Facebook launched a community leadership program on Friday that will award $10 million in total to more than 100 people who have successfully built groups on the social network as part of its push to create “meaningful” interactions. The initiative, announced at a Facebook Communities Summit in London, will …

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Afghanistan’s amazing female coding group

KABUL: In a country fallen prey to turmoil, unrest and terrorism, a girl group in Afghanistan is defying all odds to learn coding and create tech unconventionally. Enrolled in Code to Inspire (CTI) – an all-female computer programming school – these girls are changing their future, one algorithm at a …

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