Passwords under threat as tech giants seek tougher security
Paris, France -Fingerprints, access keys and facial recognition are putting a new squeeze on passwords as the traditional computer security...
Science
The Elders group of global leaders terms Gaza situation ‘unfolding genocide’
The London-based group also called for the "recognition of the State of Palestine", but added "this will not halt the...
Geostrategy
‘Someone else’ could be running Twitter this year, says Musk
Musk paid $44 billion for his favorite social media platform and exiting day-to-day operations would allow him to deflect criticism...
- Since Musk took full ownership of Twitter on October 27, the platform has been riven by chaos, with mass layoffs, the return of banned accounts and the suspension of journalists
- Musk's takeover also saw a surge in racist or hateful tweets, drawing scrutiny from regulators and chasing away big advertisers, Twitter's primary source of revenue
Cash-strapped Egypt sells state assets to Gulf nations
Experts say the deals could be a win-win for all sides, but unlike old Gulf largesse of unconditional aid, the...
- In under a year, the Egyptian pound has lost half of its value, propelling annual inflation in the import-dependent country to 26.5 percent in January
- Of the $34.2 billion in Cairo's foreign reserves – a 20 percent drop from February 2022 - some $28 billion are deposits from wealthy Gulf allies
Business
Israeli company deploys robots to speed up online shopping
In the south Tel Aviv headquarters of 1MRobotics, young men and women -- nearly all of them graduates of the...
- The robot toils in the custom-made 30-square-metre (320-square-feet) space storing the capsules, fitted with a streetside hatch for couriers and shoppers to collect online orders
- 1MRobotics also builds the containers that will serve as mini-warehouses, with company CEO saying their robots and storage units would soon be working with alcohol shop in Brazil
Economy
UN pleads for US$397 million to support Syria earthquake victims
United Nations, US--The United Nations launched an appeal for $397 million on Tuesday to help earthquake victims in Syria, where the...
- Secretary-General Antonio Guterres said the funds would bring "life-saving relief" for nearly five million Syrians and would cover a period of three months
- The United Nations has already provided $50 million through its central emergency response fund
Business
Airbnb posts US$319m profit
It made the profit in Q4 last year on revenue of nearly $2bn.
- The home-rental platform said it made a profit of $319 million in the final quarter of last year on revenue of nearly $2 billion
- Airbnb finished 2022 with net income of $1.9 billion compared with a loss of $352 million the prior year, the San Francisco-based company reported
Egypt ex-graft chief freed from prison, charged again: activist
A military court had found Geneina guilty in 2018 of "spreading information to harm the military", after he had said...
- Ahead of his release, Geneina was transferred to civilian state security prosecution, where he was "charged in a new case and released without bail
- Geneina was head of Egypt's Central Auditing Organization until he was sacked by President al-Sisi in 2016 for allegedly exaggerating the cost of corruption
Arts & Culture
Archaeologists in Iraq uncover 5,000 year old restaurant
Dating back almost 5,000 years, archaeologists in Iraq have uncovered the remains of a tavern that they hope will illuminate...
- The joint team from the University of Pennsylvania and the University of Pisa discovered the remains of a primitive refrigeration system, a large oven, benches for diners
- The Lagash area, close to the confluence of the Tigris and Euphrates rivers, was dubbed the "garden of the gods" by the ancients for its fertility
Geostrategy
COP28 host UAE vows ‘inclusive roadmap’ for climate talks
Rights group Amnesty International has said Sultan Al Jaber is "unfit" for the COP28 presidency, being the CEO of state-owned...
- Al Jaber told a summit event that as "president, I will lay out a roadmap for COP28 that is inclusive, results-oriented and... very far from business as usual".
- Al Jaber, 49, is also the UAE's minister of industry and advanced technology and head of a leading renewable energy firm. He is the first CEO to lead the summit.
Geostrategy
First UN team since quake crosses into rebel-held Syria
The first UN delegation to visit rebel-held northwestern Syria since last week's earthquake crossed over from Turkey, AFP reported, as...
- The UN team visited a WFP centre in Syria's Sarmada, near the Turkish border.
- They held a 40-minute meeting with officials at the Bab al-Hawa crossing - the only transit point on the Turkish border for UN aid deliveries to rebel-held areas.
Market Report
London FTSE hits new record peak at open
LONDON, UK - The London stock market jumped to a record peak Tuesday in a positive open across Europe, after hefty...
- The British capital's benchmark FTSE 100 index of top companies reached as high as 7,986.20 points.
- In the eurozone, Frankfurt's DAX added 0.2 percent to 15,428.55 points and the Paris CAC 40 grew 0.3 percent to 7,231.64.
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Passwords under threat as tech giants seek tougher security
Paris, France -Fingerprints, access keys and facial recognition are putting a new squeeze on passwords as the traditional computer security...
Science
Company News
Adidas posts 2023 loss
Business
Latest News
Volkswagen profit up
Business
Hamas rejects ‘new’ Gaza truce conditions as Biden says deal closer than ever
Egyptian, Qatari and US mediators have been seeking to finalize details of a framework initially outlined by Biden in May,...
Geostrategy
United Nations calls Israeli settler attack in West Bank ‘horrific’
Geneva, Switzerland -- The United Nations on Friday said a deadly Israeli settler attack on a Palestinian village in the occupied...
Geostrategy
Gold hits record high, oil prices slide on weak Chinese demand
Expectations of US interest rate cuts weakened the dollar, while oil prices tumbled as weak Chinese demand expectations offset turmoil...
Business
Most Read
Arts & Culture
Five charged over ketamine death of ‘Friends’ star Matthew Perry
Los Angeles, United States - Five people who allegedly supplied ketamine to "Friends" star Matthew Perry in a bid to exploit...
- The actor died at his luxury Los Angeles home last year, sparking an outpouring of grief from fans around the world
- An autopsy found the cause of his death was "the acute effects of ketamine," a controlled drug the recovering addict was taking as part of supervised therapy
Geostrategy
40,000 and counting: the struggle to keep track of Gaza deaths
Palestinian Territories -- With Gaza largely in ruins after more than 10 months of war, the Hamas-run territory's health ministry...
- Gaza health officials first identify bodies by visual recognition from a relative or friend, or by recovering personal items
- The deceased's details, including name, gender, birth date and ID number, are then entered in the health ministry's digital database
Geostrategy
Qatar to host high-stakes Gaza ceasefire talks
US Secretary of State Antony Blinken told several Middle Eastern counterparts in recent days that "this ceasefire deal is of...
- US, Qatari and Egyptian mediators have invited Israel and Hamas for negotiations aimed at ending fighting that has killed nearly 40,000 Palestinians
- Israel confirmed it would attend, though it remained unclear if Hamas, whose October 7 attack on Israel triggered the war, planned to participate