Web Summit: 24 MoUs signed between Qatari institutions and global tech firms
Doha, Qatar - Web Summit Qatar 2024, the world's largest tech events debut in the Middle East and Africa, ended...
Economy
Saudi media ministry and Google join forces for digital transformation
Riyadh, Saudi Arabia - Saudi Ministry of Media and Google have joined forces in a strategic collaboration aimed at driving...
Business
Business
Kaspersky now a ‘security threat’
The designation will restrict its dealings in the United States.
- The US Federal Communications Commission has added Kaspersky to a threat list
- This effectively blocks the firm from being paid with certain US government subsidies
Economy
Metaverse set to transform banking in GCC
Regional players eye big share as Metaverse is expected to become a US$800 billion market. Some analysts believe it will...
- Metaverse is expected to become a US$800 billion market -although some analysts think it will reach $30 trillion
- The use of Metaverse in banking may lead to the emergence of fully digital bank branches, reducing or even eliminating the need for physical ones
Digital Dubai and Dubai Police to collaborate on cybersecurity
Digital Dubai and Dubai Police will strengthen their partnership and collaborate towards achieving strategic goals in cybersecurity.
- The two parties have signed a Memorandum of Understanding (MoU) regarding the same
- The MoU adds to the existing partnership between government entities entrusted with cybersecurity issues
Business
How European rulings imperil flagship Google product
Lax laws and sweetheart deals are becoming a thing of the past for big tech firms, particularly in Europe where...
- More than half of the world's websites use Google Analytics to help their owners understand the behaviour of users
- Regulators in several countries agree with activists and have ruled Google Analytics incompatible with European data privacy regulation
Business
UAE to boost cybersecurity ecosystem in cooperation with Huawei
The parties will jointly establish a Cybersecurity Center of Excellence to deliver talent training that addresses the cybersecurity capacity-building needs.
- Both parties have agreed to work together in building visibility and promoting thought leadership in the area of cybersecurity.
- They will also cooperate in the field of cybersecurity research and development through an independent think tank that both parties will establish.
Opinion
Investments key to improve region’s telecom services
There is so much more the industry can explore through digital engagement, including digitizing products and services, gamifying experiences, creating...
- In today's digital economy, personalized experiences have become a prerequisite for companies wanting to achieve bigger gains
- The pandemic has proved that more customers place quality networks and services above the pricing amount while making purchasing decisions
Interview
Skills gap challenge for GCC digitization, says du CEO
GCC companies should work closely with digital and software companies to expedite digital transformation, says Fahad Al Hassawi, CEO of...
- du is the second largest telecom service provider in the UAE, and its 2021 revenues grew by 5.4% to $3.19 billion
- Agility will be key to the telecommunications industry and requires telecom operators to look beyond connectivity, says al Hassawi
Geostrategy
Israel says government sites targeted by hack
A largest-ever cyber attack launched against Israel but yet not clear that who carried out the hack.
- A largest-ever cyber attack launched against Israel but yet not clear that who carried out the hack
- NetBlocks confirmed on Monday that government network of Israel was "unreachable internationally"
Business
Social media poses ‘existential threat’ to traditional, trustworthy news: UNESCO
The business model of the news media is ‘broken’ and with it, our fundamental right to information is at risk,...
- The UNESCO analysed media development trends from 2016 to 2021 and found that global newspaper advertising revenue has fallen by half during the five year period
- The report indicates that news outlets often struggle to get clicks from readers that determine advertising revenue, and many find themselves “squeezed out”
Geostrategy
Facebook allows calls for violence against ‘Russian invaders’
Facebook has temporarily eased its policy on violent speech after Moscow's invasion of Ukraine, allowing statements like "death to Russian...
- Besides unprecedented sanctions, Russia's invasion of Ukraine has also led to a surge of online anger and debates.
- The policy decision from Facebook and Instagram's parent Meta was met immediately with controversy, but the social media giant defended its change.
Web Summit: 24 MoUs signed between Qatari institutions and global tech firms
Doha, Qatar - Web Summit Qatar 2024, the world's largest tech events debut in the Middle East and Africa, ended...
Economy
Company News
Najm inks pact with iot squared
Business
Latest News
In shock move, OpenAI sacks ChatGPT star CEO Sam Altman
His dismissal caught the tech world by surprise, with rumors rife on social media as to the cause of the...
Business
Meta, TikTok challenge incoming EU digital market law
Brussels, Belgium - Tech giants Meta and TikTok are contesting the scope of an EU law that from March will set...
Business
US chip curbs disturb Chinese firms AI projects
Shanghai, China - US restrictions on advanced computer chips are forcing China's tech giants to rethink their ambitious AI-powered projects, analysts...
Business
Most Read
Business
Siemens posts record profit
Its shares rose over 6 percent on the Frankfurt Stock Exchange.
- The company, whose businesses range from making trains to automating production processes, earned a net profit of $8.62 billion in 2022-2023.
- Sales, at $84.6 billion, rose 11 percent on the previous year while for 2024, the group expects revenue to grow in a range of between 4 and 8 percent.
Business
Apple to allow applications to be downloaded outside app store
Washington, United States - The American company Apple intends to provide the possibility of downloading applications from outside its official...
- Developers will also be able to publish their applications in alternative stores without having to pay special fees to Apple
- The Digital Markets Act requires technology companies to open their services and platforms to other companies and developers
Business
Global Media Congress opportunity for showcasing AI advances: Expert
Abu Dhabi, UAE -- Rapid advances in AI technologies have created a major challenge for the media sector: the difficulty...
- Professor Charlie Beckett of LSE says it is important to keep pace with AI advances like ChatGPT and Metaverse.
- He said despite warnings about AI, it remained a useful tool for creating huge content and handling services using algorithms.