Cyber insurance shapes the future of cybersecurity
Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...
Opinion
AI tools still permitting political disinfo creation, NGO warns
The success of ChatGPT, from Microsoft-backed OpenAI, has over the last year ushered in an age of popularity for generative...
Business
UAE issues license for electric vertical takeoff and landing aircraft
DUBAI, UAE - The UAE Regulations Lab has issued a license for an electric cargo aircraft to promote eco-friendly transportation...
- The license aims at reducing carbon emissions by encouraging the adoption of clean energy and leveraging technology.
- It also aims at using innovation to redefine the logistics sector's future and its impact on the environment and climate.
Business
etisalat by e& announces first 5G satellite communications in UAE
ABU DHABI, UAE - etisalat by e& announced on Saturday the implementation of the Eutelsat Quantum satellite solution, becoming the...
- etisalat became the first telecommunications company in UAE to expand 5G network capabilities over a software-defined satellite.
- This deployment was a result of rigorous testing with customers for over a year to rapidly scale up the 5G mobile network deployment.
Business
Meta confirms it is working on potential Twitter rival
SAN FRANCISCO, US - Facebook owner Meta is working on a new "text sharing" social media platform, it said Friday, in...
- Since billionaire Elon Musk's takeover of Twitter in October, the influential website has suffered outages, layoffs.
- Several advertisers have left the platform over the alleged lack of content moderation in recent times.
Business
ChatGPT could increase phishing and cybercrime risk, warns British firm
London, United Kingdom - British cyber security firm Darktrace on Wednesday warned that artificial intelligence bot ChatGPT may have increased the...
- Microsoft-backed start-up OpenAI in November launched Content creation bot ChatGPT.
- ChatGPT had "ignited a conversation about the implications of generative AI for cyber security," the firm said.
Business
Crypto markets under pressure as factors that led to FTX Corp’s collapse feared to create new failures
Market players may mitigate risks by adopting the best industry practices, securing their reserves and abiding by regulations, an expert...
- Market players may mitigate risks by adopting the best industry practices, securing their reserves and abiding by regulations, an expert tells TRENDS in an interview
- The only way FTX could re-emerge after its bankruptcy proceeding is by finding new investors or is bought out, says Elizabeth Rayment of Your Mind Media Agency
Economy
UAE keen on new technologies, says minister at Raisina Dialogue 2023
NEW DELHI, INDIA - UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications Omar Sultan Al...
- Representatives from over 100 countries, including ministers, military commanders, captains of the Industry, participated in Raisina Dialogue 2023.
- The UAE is keen on sharing knowledge, experience and success stories by participating in international conferences.
Business
Some sectors may benefit more than others as more GCC companies turn to metaverse to boost business
Industries in the region may use metaverse interchangeably. However, there is no specific way to know which sector will benefit...
- Industries in the region may use metaverse interchangeably. However, there is no specific way to know which sector will benefit the most from the latest technology, says an expert
- The use cases of a metaverse in the GCC and the MENA region will vary primarily depending on the core nature of work within each sector, adds Mohamed Khaled, CEO of Hotdesk
Business
Phone firms set for annual meet in shadow of global slump
Barcelona, Spain--The big beasts of the telecom industry will gather in Barcelona on Monday for their most important annual get-together,...
- In total, the four-day show would host almost 750 operators and manufacturers and 2,000 exhibitors.
- A hugely popular idea for many at the show is to force the owners of bandwidth-hungry platforms like YouTube, Netflix and Facebook to pay network operators a "fair share".
Science
Euclid to probe universe’s big mysteries: dark matter, dark energy
In a few months the space telescope will blast off on history's first mission to search for two of the...
- Aiming to shed light on these dark secrets, the mission will chart a 3D map of the universe encompassing two billion galaxies across more than a third of the sky.
- The third dimension of this map will be time -- because Euclid's gaze will stretch out to 10 billion light years away, it will offer new insight into how the universe evolved.
Business
PwC, Microsoft expand partnership for digital transformation in Saudi Arabia
DUBAI, UAE - PwC Middle East and Microsoft have strengthened their global partnership at LEAP event in Riyadh, to support...
- The collaboration will focus on cloud transformation, business process automation and technology consulting.
- The partnership aims to strengthen businesses by providing access to cloud services that are scalable and secure.
Cyber insurance shapes the future of cybersecurity
Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...
Opinion
Company News
Solutions+, EIH sign MoU
Business
Latest News
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"...
Business
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...
Geostrategy
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...
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Geostrategy
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
Business
EU seeks critical details from Apple and Google on digital safety
Brussels, Belgium - The EU demanded on Thursday that Apple and Google provide more details on how they identified risks concerning...
- The European Commission said it wanted "more information on how" Apple and Google "have diligently identified any systemic risks concerning the App Store and Google Play"
- It also wants the companies to demonstrate that they have complied with rules on digital marketplaces and transparency about adverts in order to protect users online.
Business
MBC IPO retail subscription begins
MBC Group runs a group of TV and radio channels.
- The subscription process for the retail tranche of MBC Group will run for five days until December 18.
- The Capital Market Authority approved, on November 21, the company's request to float 33.25 million shares in an IPO.