IOTA Foundation launches US$10m investment fund at Investopia 2024
ABU DHABI, UAE – Minister of Economy and Chairman of Investopia Abdullah bin Touq Al Marri attended the unveiling of...
Business
Business
Qatar provides maritime radio station licensing for small ships in Al Khor, Al Ruwais cities
DOHA, QATAR - The Communications Regulatory Authority (CRA) has announced the provision of maritime radio station licensing services for small...
- Qatar's Communications Regulatory Authority aims to process the requests of a large segment of the residents of the northern cities of the country.
- These services will facilitate the completion of their applications related to maritime radio station licensing for small ships.
Middle East, Turkiye, Africa among top-3 regions prone to mobile financial scam
Dubai, UAE - Middle East, Turkey, and Africa (META) region ranks among the top three regions most prone to mobile...
- 14 percent of installs of potentially unwanted mobile financial apps on Android phones were made by users in META region
- The fraudulent mobile financial apps in question masquerade as legitimate microlending services, luring unsuspecting users into their trap
Business
Initiative by Digital Economy Chamber to help firms set up in Dubai
DUBAI, UAE - Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has announced a...
- The initiative will provide a comprehensive package of services designed to support tech, digital startups, SMEs, and MNCs.
- The chamber’s strategy (2022– 2024) is focused on improving the digital business environment, developing support for digital firms.
Homework will ‘never be the same’ says ChatGPT founder
ChatGPT has captured the world's imagination with its capacity to generate human-like conversations, writing and translations in seconds. But it...
- Sam Altman was in the Japanese capital as part of a world tour where he is meeting business and political leaders to discuss possibilities and regulations for AI
- The ChatGPT founder said he felt "positive" about new regulatory frameworks for AI after meeting world leaders, without offering details, but reiterated his fears
Business
DEWA’s R&D Center develops technology to simulate leaks in water transmission pipes
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) ’s Research and Development (R&D) Center has developed an advanced, smart...
- The center developed the facility using software and hardware, based on the concept of the Internet of Things (IoT).
- Based on experimental data using the facility, the developed algorithm was able to identify leakage events with 94.4 percent accuracy.
Business
Top 3 deepfake threat scenarios users face in 2023
Dubai, UAE - The number of deepfake videos online is increasing at an annual rate of 900 percent according to...
- Deepfakes can be used for social engineering, where criminals use enhanced images to impersonate celebrities
- Deepfake videos can be created by manipulating a person’s face onto a pornographic video, causing harm and distress
UK to hold first AI summit, says Sunak on his US visit
Opening his two-day trip, the prime minister announced that Britain would hold the world's first summit on artificial intelligence in...
- Britain's PM Rishi Sunak will meet President Joe Biden at the White House on Thursday for talks during which he will also voice unstinting support for Ukraine
- Sunak opened his two-day US visit by laying a wreath at the Tomb of the Unknown Soldier at Arlington National Cemetery, with soldiers firing a 19-gun salute
Arts & Culture
AI meets VR to keep Holocaust memory alive
Through AI, users of a VR headset can have a "conversation" with Holocaust survivor Inge Auerbacher, asking about her encounters...
- The project is a collaboration between Los Angeles-based company StoryFile, the World Jewish Congress and Facebook-owner Meta,
- StoryFile co-founder Stephen Smith, who has worked in Holocaust education, said the technology allows users to "talk to history through the people who went through it".
Business
US SEC sues cryptocurrency platform Coinbase
NEW YORK, US - US securities regulators sued Coinbase on Tuesday, alleging that the cryptocurrency platform's failure to register as a securities...
- "Since at least 2019, Coinbase has made billions of dollars unlawfully facilitating the buying and selling of crypto asset securities," said the SEC.
- SEC said Coinbase's failure to register "has deprived investors of significant protections, including inspection, record-keeping requirements."
Research
YouTube most popular app on Android devices for UAE children
Dubai, UAE - YouTube emerges as the most popular app among children in the UAE on Android devices, with 37.8...
- Baby Shark was the most searched for song among children, while Roblox and Minecraft were the favored games
- Korean pop groups BLACKPINK and BTS, along with Puerto Rican artist Bad Bunny, topped the list of musical preferences
IOTA Foundation launches US$10m investment fund at Investopia 2024
ABU DHABI, UAE – Minister of Economy and Chairman of Investopia Abdullah bin Touq Al Marri attended the unveiling of...
Business
Company News
Bayanat, Yahsat to merge
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EU examines Microsoft large investment in OpenAI
Brussels, Belgium - The EU, racing to regulate the fast-moving world of artificial intelligence, said on Tuesday it has started a...
Business
CES gadget fest a showcase for AI-infused lifestyle
The annual Consumer Electronics Show gathering boasts more than 3,500 exhibitors and is expecting some 130,000 visitors. Companies big and...
Business
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Business
Rules are fine but educate public about generative AI: Expert
Dubai, UAE -- Regulations alone will not safeguard the public against nefarious uses of Artificial Intelligence, people also need to...
- Investors, inventors and users of this technology need to take a lead in this task of educating the public, says Victor Riparbelli, CEO Synthesia.
- The companies providing AI technology must educate through exposure to positive use cases of AI as quickly as possible, he added.
Business
Google Chrome begins restricting cookies in first step towards elimination
Paris, France - Google has begun limiting third-party cookies for some users of its Chrome web browser, a first step towards...
- Cookies, small files which are used to target advertising by tracking web navigation, have recently been subject to greater regulation.
- Google announced in January 2020 that it would begin eliminating third-party cookies within two years, but the start has been delayed several times.
AI breathes new life into old trends at CES gathering
Models on which AI is built have improved dramatically since last CES and the debut of OpenAI's ChatGPT, and they...
- The gadget extravaganza referred to as CES formally kicks off Tuesday in Las Vegas, boasting more than 3,500 exhibitors and expecting some 130,000 visitors
- CES exhibitor and attendee numbers have jumped each year since the Covid-19 pandemic caused it to be an online-only event in 2021