After Instagram restrictions, Meta to introduce teen accounts for Facebook
Paris, France -- Meta on Tuesday announced that it was extending its teen accounts to its social network Facebook, after...
Geostrategy
Don’t give smartphones to kids under 11, UK mobile phone firm says
London, United Kingdom - One of Britain's biggest mobile network operators said on Sunday it will warn parents they should not...
Business
Women in Tech Global and UN Women launch “Beyond Ceilings” campaign on women’s empowerment
The "Beyond Ceilings" campaign urges people to confront and challenge the glass ceiling, and reminds the audience of the vast possibilities that await women once they overcome...
- Women in Tech Global, in collaboration with UN Women, has initiated a worldwide campaign to highlight the prevalent existence of obstacles, often known as the "glass ceiling"
- "Together, we can break these barriers and ensure that every girl knows that the sky has no limits", said Ayumi Moore Aoki
Business
CBI, zypl.ai ink partnership
The pact aligns with CBI’s plan to support innovation in UAE.
- CBI, zypl.ai partnership signifies a strategic entry into using AI implementation for advanced credit scoring.
- CBI plans to further enhance operational efficiencies to ensure a swift and seamless lending experience.
Geostrategy
‘Grave step backwards’: Meta shuts monitoring tool in election year
Washington, US - A digital tool considered vital in tracking viral falsehoods, CrowdTangle will be decommissioned by Facebook owner Meta in...
- The tech giant says CrowdTangle will be unavailable after August 14, less than three months before the US election
- In recent election cycles, researchers say CrowdTangle alerted them to harmful activities including foreign interference
Economy
Gross written premium rises by 12.7% in Q4 2023 to US$14bn, says CBUAE
ABU DHABI, UAE - The UAE insurance sector continued to grow in Q4 2023, as reflected by the increase in...
- The number of licenced insurance companies in the UAE remained at 60, the CBUAE announced in its quarterly economic report.
- The insurance of persons and fund accumulation premiums decreased by 12.4 percent YoY.
Business
Omantel approves cash dividend
Net profit grew by 13.1 percent compared to 2022
- Omantel continued to successfully implement its strategy Shift Gear despite market challenges and increasing competition.
- Omantel Group revenues and profits, as the group's revenues were up by 9.7percent
Business
Sheikh Hamdan praises ADNOC’s efforts in using AI in production process
ABU DHABI, UAE - Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region, said that under the...
- Sheikh Hamdan toured key facilities and operations, learning about the company's efforts to leverage AI.
- Sheikh Hamdan emphasized on the importance of Emirati women's participation across various sectors.
Geostrategy
White House rolls out ‘concrete safeguard’ policies for federal AI
Washington, US - "Concrete safeguards" for government use of artificial intelligence were announced by the White House on Thursday, as it...
- VP Kamala Harris said the AI tools to be used by government agencies would be verified to make sure they do not endanger the rights and safety of Americans.
- She gave the example of a Veterans Administration hospital that uses AI for medical diagnostics, saying it would need to first demonstrate results are not biased.
Business
GenAI set to bridge cybersecurity skills gap by 2028
As GenAI narrows cybersecurity skills gap, organizations will prioritize aptitude over specialized education, adapting hiring practices to meet demands of...
- As GenAI narrows cybersecurity skills gap, organizations will prioritize aptitude over specialized education, adapting hiring practices to meet demands of emerging technologies.
- With malinformation costs set to exceed $500bn, businesses must invest in anti-malinformation programs and leverage chaos engineering to figh against evolving cyber threats.
Business
California looks to Europe to rein in deployment of AI
The richest state in the United States by GDP, California is a hotbed of no-holds-barred tech innovation, but lawmakers in...
- Lawmakers in California are looking to recent European legislation on AI, especially given the little hope of equivalent national legislation out of Washington
- There are at least 30 different bills proposed by California state legislators that relate to various aspects of AI, according to senior policy advisor
Business
ESA, SAP ink agreement
ESA will consolidate operations under a single ERP solution
- ESA will benefit from a streamlined and integrated system, improving visibility and control over all of its operations.
- ESA will be using an integrated supply chain model that eliminates process silos, predicts disruptions.
After Instagram restrictions, Meta to introduce teen accounts for Facebook
Paris, France -- Meta on Tuesday announced that it was extending its teen accounts to its social network Facebook, after...
Geostrategy
Company News
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Women in Tech Global and UN Women launch “Beyond Ceilings” campaign on women’s empowerment
The "Beyond Ceilings" campaign urges people to confront and challenge the glass ceiling, and reminds the audience of the vast possibilities that await women once they overcome...
4 charged with plot to kidnap New York-based Iranian journalist
Four Iranian nationals were indicted Tuesday on charges of plotting to abduct a journalist in New York, the Justice Department...
Saudi Arabia unveils $18b plan to turn kingdom into data center hub
The government will work with the private sector, including local and international investors, to achieve the goal The kingdom is...
CBI, zypl.ai ink partnership
Business
‘Grave step backwards’: Meta shuts monitoring tool in election year
Washington, US - A digital tool considered vital in tracking viral falsehoods, CrowdTangle will be decommissioned by Facebook owner Meta in...
Geostrategy
Gross written premium rises by 12.7% in Q4 2023 to US$14bn, says CBUAE
ABU DHABI, UAE - The UAE insurance sector continued to grow in Q4 2023, as reflected by the increase in...
Economy
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Geostrategy
White House rolls out ‘concrete safeguard’ policies for federal AI
Washington, US - "Concrete safeguards" for government use of artificial intelligence were announced by the White House on Thursday, as it...
- VP Kamala Harris said the AI tools to be used by government agencies would be verified to make sure they do not endanger the rights and safety of Americans.
- She gave the example of a Veterans Administration hospital that uses AI for medical diagnostics, saying it would need to first demonstrate results are not biased.
Business
GenAI set to bridge cybersecurity skills gap by 2028
As GenAI narrows cybersecurity skills gap, organizations will prioritize aptitude over specialized education, adapting hiring practices to meet demands of...
- As GenAI narrows cybersecurity skills gap, organizations will prioritize aptitude over specialized education, adapting hiring practices to meet demands of emerging technologies.
- With malinformation costs set to exceed $500bn, businesses must invest in anti-malinformation programs and leverage chaos engineering to figh against evolving cyber threats.
Business
California looks to Europe to rein in deployment of AI
The richest state in the United States by GDP, California is a hotbed of no-holds-barred tech innovation, but lawmakers in...
- Lawmakers in California are looking to recent European legislation on AI, especially given the little hope of equivalent national legislation out of Washington
- There are at least 30 different bills proposed by California state legislators that relate to various aspects of AI, according to senior policy advisor