Bayanat, Yahsat shareholders to vote on merger and creation of SPACE42 on April 25
ABU DHABI, UAE – Bayanat AI PLC and Al Yah Satellite Communications Company each issued a circular on Thursday calling...
Business
Potential investors value Telegram at $30bn, says co-founder Pavel Durov
MOSCOW, RUSSIA – The Telegram is valued by potential investors at more than US$30 billion, the co-founder of the social...
Business
Economy
‘Partnerships with technology leaders help in Dubai’s digital transformation’
DUBAI, UAE - First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE Sheikh...
- Successful partnerships with leading industry players are a key enabler of Dubai’s digital transformation journey.
- The initiative seeks to advance Dubai’s strategic objective of becoming one of the world’s top urban economies.
Science
Humans must stay in control of AI, European trade union chief warns
BERLIN, GERMANY — No employee should be “subject to the will of a machine”, European trade union chief Esther Lynch...
- In the same way that EU treaties protect health and safety in the workplace, rules are needed to guarantee “the human-in-control principle” when it comes to AI, Lynch said.
- Lynch, general secretary of the European Trade Union Confederation since last December, will head the four-day ETUC Congress that kicks off in the German capital.
Business
Data democratization a ‘game-changer’ for businesses
Experts highlight need for data literacy, good governance, and stringent security measures as data democratization revolutionizes decision-making in businesses in...
- Experts highlight need for data literacy, good governance, and stringent security measures as data democratization revolutionizes decision-making in businesses in the region
- Businesses in the region urged to take data security measures like threat detection, encryption, and anomaly detection as essential drills in this era of data democratization.
Business
Need for big investments dark cloud over ChatGPT revolution
Building something even near the scale of what OpenAI, Microsoft or Google have on offer would require billions in investment...
- Generative AI will be even more dependent on cloud computing and tech giants, leaving the same players in the driver's seat.
- Regulators are hoping that they can keep up, and not leave the giants in charge, imposing their terms on smaller companies.
Science
Saudi astronauts to conduct 11 experiments at Space Station
Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission. The...
- Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom
- The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.
Opinion
Break the cycle of cybercrime, don’t pay ransomware
Government bodies are now working towards finding solutions to the problem but businesses, beside devising strong backup strategies, need to...
- Ransomware attacks have risen exponentially over the past five years as digital technologies have enabled cybercriminals to extort money effectively and almost untraceably
- Prevention of ransomware requires a combination of people, processes, and technology as businesses, governments, hospitals, and critical infrastructures remain key targets
NASA taps Bezos’s Blue Origin to build Moon lander
Washington, United States - Two years after awarding Elon Musk's SpaceX a contract to ferry astronauts to the surface of the...
- Bezos, the founder and former CEO of Amazon, said on Twitter he was "honored to be on this journey with @NASA to land astronauts on the Moon - this time to stay."
- The Artemis program marks NASA's return to the Moon after more than 50 years and is made up of several missions, each with increasing complexity
Economy
Digital literacy to boost UAE’s tech, AI revolution
The goal is to create a prosperous digital economy, built upon a robust digital infrastructure and a regulatory and legislative...
- The goal is to create a prosperous digital economy, built upon a robust digital infrastructure and a regulatory and legislative framework, says UAE Minister of State for AI
- The UAE’s approach is multi-pronged, concentrating on skill development, nurturing digital competencies, encouraging innovation and cultivating entrepreneurship, he adds
Business
e&, Vodafone form relationship
As per pact, e& is a cornerstone shareholder of Vodafone.
- e& and Vodafone will explore offering joint cross-border digital services to multi-national customers and public sector organizations.
- Services will include fixed and mobile connectivity, Mobile Private Networks, IoT, cybersecurity, and cloud-based services.
Economy
Rise of ChatGPT: GCC might lose 10 million jobs in 5 years
Its transformative power to reshape life has left people awestruck across the world, but the technology that powers ChatGPT might...
- According to a Goldman Sachs economist, more than 65 percent of occupations will be partially or fully automated in the coming years
- Critics of generative artificial intelligence that powers chatbots argue that it can never be able to replace the genius of human mind
Bayanat, Yahsat shareholders to vote on merger and creation of SPACE42 on April 25
ABU DHABI, UAE – Bayanat AI PLC and Al Yah Satellite Communications Company each issued a circular on Thursday calling...
Business
Company News
Latest News
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...
Invest Qatar launches azure open AI GPT-powered chatbot ‘Ai.SHA’
DOHA, QATAR - The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop Ai.SHA, an innovative AI-powered...
Business
Most Read
Geostrategy
Google agrees to settle $5bn data privacy breach lawsuit
Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over allegations it tracked...
- The lawsuit, filed in a California court, claimed Google's practices had infringed on users' privacy by "intentionally" deceiving them
- Lawyers for the plaintiffs were seeking at least $5,000 for each user it said had been tracked as they visited Google Analytics in private browsing mode
Business
US bans import of Apple Watch due to patent clash
A US import ban on certain Apple smartwatch models came into effect, after the Biden administration opted not to veto...
- Apple last week paused its US sales of Apple Watch Series 9 and Apple Watch Ultra 2.
- The move came into effect on the online Apple Store on December 21, with retail locations ceasing sales December 24.
Economy
Saudi Arabia jumps to second rank in ICT index among G20 nations
Riyadh, Saudi Arabia -- Saudi Arabia jumped 10 ranks to second place among the G20 countries according to International Telecommunication...
- The index monitors the economies of 169 countries to measure their progress in ICT services through two main pillars ‘universal connectivity’ and ‘meaningful connectivity.
- It reflects the robust and developed digital infrastructure, with an increase of 99 percent of Internet penetration rate in Saudi Arabia.