Cryptocurrency Ether witnesses meteoric rise since launch
NEW YORK, US – Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet...
Business
Australian media hits back as Facebook scraps news deals
Meta said on Friday it would scrap the Facebook News tab in Australia and would not renew deals with news...
Economy
EU parliament approves sweeping cryptocurrency rules
The European Parliament approved the comprehensive rules to regulate the "Wild West" world of cryptocurrencies, hoping to protect investors against...
- Under the regulation known as Markets in Crypto Assets (MiCA), cryptoasset service providers (CASPs) must protect customers' digital wallets.
- Large providers will also have to disclose their energy consumption as part of the EU's efforts to reduce cryptocurrencies' high carbon footprint.
Business
Ericsson Q1 net profit at $155m Â
Firm announced that it would slash 8,500 jobs worldwide.
- Ericsson said it expects customers "to remain cautious" with investments and continue to adjust their inventories in the second quarter.
- Sales rose 14 percent but were flat when adjusting figures to take currency exchanges and other parameters into account.
Business
Elon Musk lays out plan to create ‘truth-seeking’ AI
Musk's founding of X.AI artificial intelligence corporation, a rival to OpenAI came several weeks before he joined experts in signing...
- The billionaire boss of Twitter voiced anew his concerns about the danger of AI, saying it has "the potential of civilizational destruction"
- Elon Musk has formed an X.AI artificial intelligence corporation based in the US state of Nevada, according to business documents
Business
A ‘VUCA’ world demands digital resilience
As organizations prepare for the next wave of disruption, including responding to cyber-attacks, keeping the enterprise environment secure, and accommodating...
- We surveyed over 2,500 organisations from a variety of vertical markets including financial services, education, government, gaming, utilities, healthcare and retail and eCommerce
- Many enterprise organizations are opting for a hybrid model and adapting their workplace, not only for health reasons but also for efficiency and cost reduction benefits
Business
Presight signs MoU with Senegal for digital transformation in African nation
Abu Dhabi, UAE--Presight AI and the Ministry of Communication, Telecommunications and Digital Economy of the Republic of Senegal (MCTEN), have...
- In order to transform government services, Presight will work with Senegal to support and deliver turnkey solutions using big data analytics and AI technology
- The agreement is expected to boost governemnt efficiency, create a better business environment, and promote socio-economic development in the country.
Business
Elon Musk establishes X.AI artificial intelligence company in Nevada
San Francisco, United States--Elon Musk has formed an X.AI artificial intelligence corporation based in the US state of Nevada, according to...
- According to an insider report, Musk has purchased costly computing processors and hired engineering talent as part of an AI project at Twitter
- Google, Meta and Microsoft have spent years working on AI systems to help with translations, search and targeted advertising
Geostrategy
EU privacy watchdog sets up ChatGPT task force
The European Union's central data regulator said it was forming a task force to help countries deal with AI chatbot...
- ChatGPT can generate essays, poems and conversations from the briefest of prompts and is capable of passing exams.
- Chatbot can only function if it is trained on vast datasets, raising concerns about where OpenAI gets its data.
Science
UAE’s Rashid Rover to land on Moon on April 25
The Mohammed Bin Rashid Space Center in UAE said that Rashid Rover, onboard the HAKUTO-R Mission 1 Lunar Lander, is...
- During the landing sequence, the Lander will perform a braking burn, firing its main propulsion system to decelerate from orbit.
- Utilizing a series of pre-set commands, the Lander will adjust its altitude and reduce velocity to make a soft landing.
Move over Pegasus, new Israeli spyware comes along to target journalists, politicians
Spyware like Pegasus has been widely used by governments and other actors to spy on opponents, media and activists. The...
- The spyware and related exploit or hacking software was created by the little-known firm QuaDream Ltd
- Citizen Lab, which studies the abuse of digital technologies, said it identified five people targeted by QuaDream
Business
Microsoft, G42 sign MoU
MoU will leverage core competencies of both the firms.
- The MoU will help explore joint business development and marketing opportunities across a variety of areas G42 covers.
- Microsoft and G42 will be working in the coming months to finalize the development required to ensure regulatory compliance.
Cryptocurrency Ether witnesses meteoric rise since launch
NEW YORK, US – Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet...
Business
Company News
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Ooredoo, QNBN sign agreement
Business
Bayanat, Yahsat to merge          Â
It will benefit from revenue synergies, economies of scale.
Business
79% UAE employees think digital skills crucial for success
Dubai, UAE – About 79 percent of UAE employees believe digital skills are crucial for business success, and 84 percent...
Research
UAE issues federal decree on regulating electronic, digital media
ABU DHABI, UAE - The UAE Government has issued a federal decree which aims to regulate and organize media in...
Geostrategy
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Geostrategy
NCSC seeks to regulate Jordan’s cybersecurity market
AMMAN, JORDAN - National Cyber Security Center (NCSC) seeks to regulate the Kingdom's cybersecurity market by outlining and endorsing the...
- One of the NCSC's key measures focuses on issuing Cybersecurity Services Licensing System, its director said.
- This would "effectively" contribute to strengthening and supporting Jordanian companies to enter the cybersecurity market.
Canada print media to get two-thirds of Google’s payment to news outlets
The agreement between Canada and Google is part of the Online News Act, which aims to support a struggling Canadian...
- After months of negotiations, Ottawa and Google announced a "historic" agreement, where the tech giant would pay Canadian media companies compensation for the loss of ad revenue
- The agreement between Canada and Google is part of the Online News Act, which aims to support a struggling Canadian news sector that has seen a flight of advertising dollars
Geostrategy
Israeli attack killed journalist in Gaza: Al Jazeera
The Qatari network had first reported that cameraman Samer Abu Daqqa and Gaza bureau chief Wael Al-Dahdouh were wounded in...
- The network said that following Samer's injury, he was left to bleed to death for over 5 hours
- Al Jazeera held "Israel accountable for systematically targeting and killing Al Jazeera journalists"