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Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

UK starts online checks to stop children accessing harmful content

London, United Kingdom -- New UK age verification measures to prevent children accessing harmful online content came into force on...
  • Around 6,000 pornography sites have agreed to implement the curbs, according to Melanie Dawes, chief executive of British regulator Ofcom.
  • Around 500,000 youngsters aged eight to 14 encountered pornography online last month, according to Ofcom.

Trump admin unveils AI strategy to maintain US dominance

The 25-page "America's AI Action Plan" outlines three aims: accelerating innovation, building infrastructure, and leading internationally on AI. Overall, the...
  • According to US media reports, Trump was also to announce a series of executive orders to give key components of the plan additional legal weight.
  • AI "challenges America to build vastly greater energy generation than we have today," the plan said.

AI-powered ‘nudify’ apps fuel deadly wave of digital blackmail

Washington, United States - After a Kentucky teenager died by suicide this year, his parents discovered he had received threatening...
  • The tragedy underscores how so-called sextortion scams targeting children are growing around the world, particularly with the rapid proliferation of "nudify" apps
  • Elijah Heacock, 16, was just one of thousands of American minors targeted by such digital blackmail, which has spurred calls for more action from tech platforms

Trump to unveil investments to power AI boom

Washington, United States - US President Donald Trump heads to Pennsylvania on Tuesday to announce energy and infrastructure deals intended...
  • Trump will make the announcement at the inaugural Pennsylvania Energy and Innovation Summit at Carnegie Mellon University
  • The tech world has fully embraced generative AI as the next wave of technology, but fears are growing that its massive electricity needs cannot be met by current infrastructure

Meta’s AI talent war raises questions about strategy

New York, United States -- Mark Zuckerberg and Meta are spending billions to recruit top artificial intelligence talent, triggering debates...
  • OpenAI CEO Sam Altman recently complained that Meta has offered $100 million bonuses to lure engineers away from his company.
  • Several OpenAI employees have accepted Meta's offers, prompting executives at the ChatGPT maker to scramble to retain their best talent.

World Economic Forum unveils framework highlighting transformative technology convergences across key industries

Agentic AI, spatial intelligence and robotic advancements in manipulation and adaptive control are enabling autonomous systems to make intelligent decisions...
  • The 3C framework – combination, convergence and compounding – identifies standout technology combinations such as cognitive robots and digital twin ecosystems
  • The framework can help industry leaders drive systemic change across infrastructure, energy, transportation and healthcare by investing in ecosystem readiness

New WEF report reveals how tech convergence will reshape industries

Geneva, Switzerland – The World Economic Forum today released a new report examining how emerging technology combinations are reshaping industries...
  • AI is a key enabler, making many emerging tech synergies commercially viable across industries.
  • Digital twins, enhanced by AI and sensors, are expanding efficiency in sectors from aerospace to healthcare.

How social media can ‘trigger’ eating disorders in young people

Paris, France -- Social media can push vulnerable young people towards developing eating disorders by glorifying thinness and promoting fake,...
  • Young women and girls are much more likely to suffer from illnesses such as anorexia, bulimia and binge eating disorder, though rates among men have been increasing.
  • Research has shown the percentage of people worldwide who have had some kind of eating disorder during their lives rose from 3.5 percent in 2000 to 7.8 percent in 2018.

ADNOC expands its STEM Education Programme to empower UAE students in AI

Abu Dhabi, UAE  – ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education programme to empower UAE students...
  • Launched in January 2025, the Future of AI Schools Challenge received 14,500 applicants from 351 schools across the country
  • During the final, ADNOC and AIQ showcased how ENERGYai, the world’s first agentic AI solution for the energy industry

Google makes case for keeping Chrome browser in US court

Washington, United States - Google on Friday urged a US judge to reject the notion of making it spin off...
  • US government attorneys have called for divesting Google of Chrome browser, contending that AI is poised to ramp up it's dominance
  • They also want Google barred from agreements with partners such as Apple and Samsung to distribute its search tools

WhatsApp, Twitch among sites that could face Australia under-16s social media ban

Tech companies including WhatsApp and Reddit as well as streaming giant Twitch and gaming firm Roblox could be among more...

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Google to provide Gemini AI tools to US government

Google will provide its Gemini artificial intelligence tools to US federal agencies practically free, the government announced Thursday.

OpenAI releases ChatGPT-5 as AI race accelerates

San Francisco, United States -- OpenAI released a keenly awaited new generation of its hallmark ChatGPT on Thursday, touting "significant" advancements...

Trump announces 100% chip tariff, pressuring Asian producers

The US president unveiled the levy at the White House on Wednesday ahead of the imposition of sweeping tariffs on...

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China says balance between AI development, security ‘urgently requires consensus’

China's Premier Li Qiang warned Saturday that artificial intelligence development must be weighed against the security risks, saying global consensus...
  • This week US President Donald Trump unveiled an aggressive low-regulation strategy aimed at cementing US dominance in the AI field
  • Opening the World AI Conference (WAIC) in Shanghai on Saturday, Li emphasised the need for governance and open-source development

UK starts online checks to stop children accessing harmful content

London, United Kingdom -- New UK age verification measures to prevent children accessing harmful online content came into force on...
  • Around 6,000 pornography sites have agreed to implement the curbs, according to Melanie Dawes, chief executive of British regulator Ofcom.
  • Around 500,000 youngsters aged eight to 14 encountered pornography online last month, according to Ofcom.

Trump admin unveils AI strategy to maintain US dominance

The 25-page "America's AI Action Plan" outlines three aims: accelerating innovation, building infrastructure, and leading internationally on AI. Overall, the...
  • According to US media reports, Trump was also to announce a series of executive orders to give key components of the plan additional legal weight.
  • AI "challenges America to build vastly greater energy generation than we have today," the plan said.