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Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

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.

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

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.

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

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.

China begins security probe into US chipmaker Micron

BEIJING, CHINA - Chinese authorities have begun an investigation into leading US memory chipmaker Micron Technology, a decision Beijing's foreign ministry...
  • The probe escalates an already fierce battle between US and China for supremacy in the field of semiconductors.
  • US authorities have in recent years sought to prevent the country's advanced chip technology from being exported to China.

Dubai Chamber reviews software development, Artificial Intelligence sector

DUBAI, UAE - Dubai Chamber of Digital Economy highlighted software development and artificial intelligence (AI) industry in its 10th session...
  • Various executives, business leaders and experts of the digital industry discussed at length the challenges and opportunities present in the sector
  • Dubai aims to become a top destination for global digital investment and tech talent and is attracting software development professionals,

Digital IDs, mobile authentication to propel more mobile access deployments: report

Dubai, UAE - Digital IDs and mobile authentication will propel many more mobile access deployments. HID, a leader in trusted...
  • The commercial real estate firms are leveraging mobile access as part of their larger tenant experience apps, the report revealed
  • The survey also found that nearly 60 percent of respondents see the benefit of contactless biometrics.

Italy blocks AI chatbot ChatGPT over data privacy failings

Italy became the first western country to take such action against the popular chatbot. The country's Data Protection Authority said...
  • ChatGPT caused a global sensation when it was released last year for its ability to generate essays, songs, exams and even news articles from brief prompts.
  • Universities and some education authorities have banned the chatbot over fears that students could use it to write essays or cheat in exams.

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...

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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...

7,000 digital marriage contracts delivered in Abu Dhabi since Oct

Abu Dhabi, UAE -- The Abu Dhabi Judicial Department has introduced a new service that allows marriage contracts to be...

UNCTAD eWeek focuses on AI risks, e-commerce growth in developing countries

At UNCTAD eWeek 2023, experts stress the importance of aligning AI development with Sustainable Development Goals to mitigate risks and...

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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...
  • The survey included over 5,500 working adults from the UAE, France, Germany, Ireland, Italy, Sweden, Switzerland, the Netherlands, and the UK
  • A significant 81 percent of UAE employees also believe that businesses should actively foster the development of AI skills in their workforce.

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...
  • The decree aims to promote the UAE as a global media hub and establish an enabling environment for the growth and prosperity of the sector.
  • The provisions of the decree apply to individuals, organizations, media outlets, and free zones dedicated to the media in the UAE.

GCC media outlets think outside the box to stay afloat

Reeling from a calamitous drop in advertisement revenues and public trust, news media organizations are reworking strategies to create "niche"...
  • Many believe news media outlets have been distracted from their role to safeguard space for informed debate on public issues
  • Several well trusted media outlets with deep pockets are battling against thinning revenues and being forced to think differently