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Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Goldwind 2024 revenue up 12.5%

The clean energy giant posted $7.8bn in revenue for 2024.

Emaar to pay $2.39bn dividend

The company had posted $19bn in property sales for 2024.

Gemini’s inaccurate AI racial images warn of tech titans’ power

AUSTIN, US – For people at the trend-setting tech festival here, the scandal that erupted after Google's Gemini chatbot cranked out...

Google’s AI chatbot goes personal tapping into Gmail, YouTube

Google has for years discreetly developed AI powers but was caught off guard when OpenAI late last year released ChatGPT...
  • The company said its beefed up chatbot can help users summarize a confusing string of emails into its main points or tap into Google Maps to best locate a holiday destination.
  • These so-called Bard Extensions would also be available to retrieve key points from content across Google Docs and Google Drive, including PDFs.

Saudi Arabia participates in global meet to bridge digital divide

RIYADH, SAUDI ARABIA – The Kingdom’s Governor of the Communications, Space and Technology Commission (CST) Dr. Mohammed Saud Al-Tamimi participated...
  • The meeting aims to enhance the contribution of the communications, space and technology sectors for attaining sustainable development objectives.
  • The meeting also aims to propose policies and recommendations to bridge the digital divide and promote and develop the digital economy.

AI ‘no substitute’ for fashion designers’ creativity

Fashion innovator Calvin Wong, who has developed the world's first designer-led AI system, says 'we must treasure the designer's original...
  • The Interactive Design Assistant for Fashion (AiDA) uses image-recognition technology to speed up the time it takes for a design to go from a first sketch to the catwalk.
  • Wong said AiDA's particular strength was its ability to present "all the possible combinations" for a designer to consider, something he said was impossible currently.

Europe’s tussle with Big Tech involves dominance, data, disinformation

Paris, France - Irish regulators on Friday handed out a 345-million-euro ($369-million) fine to TikTok over data breaches, part of a...
  • Ireland issues the most stringent fines on this front as Dublin hosts the European offices of several big tech firms and data privacy is enforced by local regulators.
  • The EU has had little success in getting tech companies to pay more taxes in Europe, where they are accused of funneling profits into low-tax economies.

Nearly two-thirds of Saudi Arabian employees lack enhanced digital skills 

Riyadh, Saudi Arabia - A substantial 62% of employees in Saudi Arabia are eager to acquire improved digital skills in...
  • The findings also exposed a troubling trend, with 45% of respondents expressing concerns about job security due to their perceived lack of IT competencies
  • The survey also highlighted a specific group within the workforce most apprehensive about job security – department heads and top managers

EU chief wants global experts panel to confront AI challenges

Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific...
  • Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific consensus on climate change.
  • The EU is leading the charge on regulating AI, and aims to green light what would be the world's first law covering the technology by the end of the year.

ChatGPT diagnoses ER patients ‘like a doctor’

During a study in Netherlands, the chatbot outperformed doctors in some cases. At the same time, it showed some limitations.
  • The chatbot's reasoning was "at times medically implausible or inconsistent, which can lead to misinformation or incorrect diagnosis, with significant implications".
  • The findings -- published in the medical journal Annals of Emergency Medicine -- will be presented at the European Emergency Medicine Congress (EUSEM) 2023 in Barcelona.

California firefighters use AI to battle wildfires

For several years firefighters have used a network of more than 1,000 cameras to monitor possible fire hotspots. Since the...
  • Computers watching live feeds from Cleveland National Forest spotted what their algorithm had been taught to understand was a column of smoke
  • Human operators were able to verify the machines were correct and alerted Captain Kris Yeary of Cal Fire, whose firefighters quickly extinguished the flames

US govt face Google in landmark antitrust lawsuit

Washington, US - A landmark case pitting the US government against Google over the dominance of the company's world-dominating search engine...
  • "This case is about the future of the internet and whether Google will ever face meaningful competition in search," said Justice Department lawyer Kenneth Dintzer
  • The US government launched its case against Google during the Trump administration and the suit carried over in the transition to President Joe Biden

How cyber scammers are trying to make AI tools pay

The two worlds of artificial intelligence and cybercrime are starting to collide, with cybercriminals trading tips in online forums on...
  • With a recording of just few seconds of a person's voice, AI tools can produce an imitation capable of tricking employees or friends
  • The FBI said it received 300,497 complaints about phishing scams last year, with losses suffered worth $52 million

ESA, SAP ink agreement

ESA will consolidate operations under a single ERP solution

Company News

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Hub71-backed ABHI to set up global headquarters in Abu Dhabi

DUBAI, UAE - With support from the Abu Dhabi Investment Office (ADIO), Hub71-backed ABHI, an embedded finance platform founded in...

Mac computers could reach new glory due to AI

SAN FRANCISCO, US - Forty years after igniting a PC revolution, Apple's Mac is stronger than ever and could reach new...

AI and death: Sundance films grapple with our digital afterlife

Park City, United States -- Artificial intelligence promises to make death "optional," as the technology learns to perfectly emulate our personalities,...

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In Davos, AI excitement persists but fears over managing risks

A recent IMF report said AI would affect nearly 40 percent of jobs around the world, and some 60 percent...
  • Over the course of the week, more than 3,000 policy makers, business executives, academics and innovators discussed some of the world's most pressing issues at the annual meet.
  • The Forum announced it will hold a special meeting, hosted by Saudi Arabia, on “Global Cooperation, Growth and Energy for Development” on 28-29 Apr 2024 in Riyadh.

Google CEO says more layoffs are likely this year

SAN FRANCISCO, US - Google CEO Sundar Pichai has warned employees that more layoffs are in store at the search engine...
  • Google laid off around 12,000 people this time last year, about six percent of its workforce, in the face of inflation and rising interest rates.
  • The company confirmed it is eliminating "a few hundred" positions from its global ad team, amid a push to use AI for efficiency and creativity.

Japan literary laureate admits using ChatGPT for her novel

TOKYO, JAPAN - The winner of Japan's most prestigious literary award has acknowledged that about "five percent" of her futuristic novel...
  • The 33-year-old author of Tokyo-to Dojo-to openly admitted that AI heavily influenced her writing process as well.
  • Set in a futuristic Tokyo, the book revolves around a high-rise prison tower and its architect's intolerance of criminals.