Work starts on creation of new Dubai island

Work began on Monday on the development of a man-made island in Dubai, 500 metres directly opposite the Jumeirah Beach Residence complex. To be known as Bluewaters Island, the new development will house five star hotels and resorts, al fresco dining and entertainment zones, and residential apartments and villas. The focal point of the island city, which will cost $1.6 billion, will be a 688 ...

Murofushi loses appeal in IOC member election

The Court of Arbitration for Sport has dismissed Athens Olympic champion Koji Murofushi's challenge of an International Olympic Committee's (IOC) disqualification from member election. The Japanese hammer thrower was disqualified from IOC's athletes committee member election after claims he excessively lobbied fellow athletes ahead of voting at the London Olympics, reports Xinhua. The IOC has ...

ESPN layoffs 7000 workers as TV rights fees rise

Sports media giant ESPN has given pink slips to nearly 7,000 employees on Tuesday, the network said in a statement. The Bristol, Connecticut-based company said it was looking at the financial bottom line. In a statement the company said that they were implementing changes across the company to enhance their continued growth while smartly managing costs. It added that while difficult, they ...

Microsoft launches all-in-one home entertainment system Xbox One

Microsoft has unveiled its latest video gaming console 'Xbox One' which is believed to transform games, TV and entertainment for the 21st century living room. The latest console reportedly promises a vision of the future. According to a report by the Mirror, 'Xbox One' will allow users to turn on the device with words like "Xbox On", and "snap" will allow users to watch two things at ...

Lifestyle Personal devices at work pose security challenges to businesses

Employers might redesign regulation at work minimizing use of personal devices at work blamed for rise in online insecurity to businesses. A new study by Cisco networks blames current work lifestyles adopted by employees for the rise of network insecurity in offices. Security risks in businesses are on the rise because many employees adopt "my way" work lifestyles in which their ...