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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

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.

Japan plans export control measures for chip equipment

TOKYO, JAPAN -  Japan on Friday unveiled planned export controls on 23 items used to make semiconductors, following US pressure for...
  • The move to curb export of chip equipment comes as Japan confirmed its top diplomat will visit China this weekend.
  • As the second- and third-largest economies of the world, China and Japan are key trading partners.

Prompted by GPT-4, Musk, experts call for halt in ‘giant AI experiments’

Billionaire mogul Elon Musk and a range of experts called on governments to step in and impose a moratorium if...
  • Musk was an initial investor in OpenAI, spent years on its board, and his car firm Tesla develops AI systems to help power its self-driving technology, among other applications
  • The letter, hosted by the Musk-funded Future of Life Institute, was signed by prominent critics as well as competitors of OpenAI like Stability AI chief Emad Mostaque

AI partnership to boost Abu Dhabi sustainability efforts

Abu Dhabi, UAE - The Technology Innovation Institute (TII) said Monday its AI and Digital Science Research Center (AIDRC) has...
  • The Technology Innovation Institute's AI and Digital Science Research Center will partner with Mohamed bin Zayed University of Artificial Intelligence.
  • Over a period of three years, the researchers will work on developing advanced AI models for cybersecurity and smart city applications.

Criminals set to use ChatGPT for fraud, other cybercrimes: Europol

Created by US startup OpenAI, ChatGPT appeared in November and was quickly seized upon by users amazed at its ability...
  • Europol said the criminals may use phishing, disinformation and malware to do more online frauds.
  • ChatGPT can also be used to write computer code, especially for non-technically minded criminals. the agency said.

Abu Dhabi launches technology investment company MGX

ABU DHABI, UAE – The Artificial Intelligence and Advanced Technology Council (AIATC) announced on Monday the creation of MGX, a...

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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...

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...

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"...

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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

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"

Storm-1152: Vietnam-based creator of fake Microsoft accounts

Seoul, South Korea - Microsoft has seized the websites of a Vietnam-based group it alleges sold millions of fake accounts to...
  • Storm-1152 is "the number one seller and creator of fraudulent Microsoft accounts", creating around 750 million to date, the company said Wednesday
  • Storm-1152 pursued a model called "cybercrime-as-a-service" or CaaS, acting as a provider to other criminal groups, Microsoft and Arkose said