WEF24: Understanding regional nuances key to success
Industries are increasingly investing in transformative technologies, including cybersecurity, sustainable solutions and AI, Sapthagiri Chapalapalli tells TRENDS in an interview.
Business
Over 70 percent of musicians fear AI, says French-German study
PARIS, FRANCE - More than two-thirds of musicians fear that artificial intelligence will make it impossible to make a living, according...
Arts & Culture
Business
Finfluencers turn to TikTok to peddle investment advice
Across the globe, investment gurus in their 20s are building huge followings on social media.
- Fintok and Stocktok finfluencers have made their influence on TikTok
- Reels and videos made on stocks and finance education getting viral on this world of entertainment
Geostrategy
US ‘black lists’ Israeli maker of Pegasus spyware
The company, NSO, was engulfed in controversy over reports that tens of thousands of human rights activists, business executives, journalists,...
- Smartphones infected with Pegasus are essentially turned into pocket spying devices, allowing the user to read the target's messages.
- Washington also targeted Israeli company Candiru, Singapore-based Computer Security Initiative Consultancy PTE (COSEINC) and Russian firm Positive Technologies.
Science
Augmented reality: an early taste of the metaverse?
The key idea behind metaverse, supposedly the internet of the future, is the blurring of the divide between the physical...
- Augmented Reality is believed to be the early stage of the metaverse envisioned by Facebook.
- With AR, you put on a device and you're still in your world, but we're augmenting it with digital content, says Peggy Johnson, CEO of Magic Leap
Geostrategy
Facebook whistleblower sits atop publicity juggernaut
Haugen's leak of company records has benefited from well-oiled communications machinery, powerful backers and a lucky cryptocurrency bet.
- The internal reports captured by her smartphone camera and handed to journalists have already resulted in a deluge of damning stories.
- In a matter of weeks, Haugen has testified before the US Congress and the British Parliament, with European Union lawmakers inviting her for a Nov. 8 appearance.
Geostrategy
Facebook on defensive over work in ‘fragile’ countries
Some 87 percent of Facebook's anti-misinformation budget is focused on the US even though the vast majority of its users...
- Facebook vice president Nick Clegg told the Web Summit that the tech giant has content moderation in over 70 countries.
- Whistleblower Frances Haugen said the company's algorithms made "polarizing and divisive content" more visible in people's timelines.
Interview
Despite hurdles, interest in 5G high in MENA
As GCC shifts away from dependence on oil and gas revenues, 5G is set to fuel tech growth and ease...
- 5G subscriptions in the MENA have exceeded 1 million at the end of 2020
- The deployment of a 5G network faces several challenges
Business
Two Saudi defense firms sign contract to build SkyGuard UAV
Saudi Arabia's General Authority for Military Industries (GAMI) and Saudi Arabian Military Industries (SAMI) have signed a contract for the...
- SkyGuard is the outcome of numerous R&D efforts and geared towards developing a 'truly local' product.
- Saudi Arabia has set a target of spending 50 percent of expenditure on locally manufactured defense products and services by 2030.
Geostrategy
Facebook’s future tops agenda at Web Summit in Lisbon
Frances Haugen, the former Facebook engineer who leaked a trove of internal documents to international media, is due to speak...
- The summit in Portugal's capital Lisbon is set to welcome some 40,000 people from Monday evening through Thursday.
- Facebook has had to grapple in recent weeks with mass outages and rising calls for regulation to curb its vast influence.
Business
UAE and Blue Origin to explore space economy and space tourism opportunities
The UAE will explore investment opportunities in the space economy and space tourism services besides other related ventures with Blue...
- The two sides also discussed expanding the scope of R&D in space to develop emerging space technology in the UAE.
- Space sector provides more than 3,200 jobs, and over 57 space firms are currently operating in the UAE.
Geostrategy
TikTok, YouTube and Snapchat defend impact on kids
In their first testimony to US senators, they argued they are built to protect against the mental health and safety...
- Senator Marsha Blackburn, who was co-chairing the hearing, drew little difference among the platforms and their arguments for safety.
- YouTube has battled with a surge in Covid-19 and vaccine misinformation as the pandemic drove people online looking for information.
WEF24: Understanding regional nuances key to success
Industries are increasingly investing in transformative technologies, including cybersecurity, sustainable solutions and AI, Sapthagiri Chapalapalli tells TRENDS in an interview.
Business
Company News
e& capital invests in Maxbyte
Business
Latest News
Red Sea Global builds largest off-grid EV charging network in Saudi Arabia
RIYADH, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, Amaala...
Business
Artificial intelligence key focus as GITEX 2023 begins
GITEX, Dubai's premier tech event, kicks off its 43rd "Technology Week" at the Dubai World Trade Center, spotlighting the latest...
Business
Gaza becomes a dangerous ground for journalists
Amidst the escalating Israel-Hamas conflict, an alarming number of journalists have been killed, injured, or missing, underscoring the importance of...
Geostrategy
Most Read
Business
GCC’s digital leadership puts focus on cybersecurity
As GCC leads in digital innovations, there's an urgent need for strong cybersecurity to combat increasingly complex threats targeting governments,...
- As GCC leads in digital innovations, there's an urgent need for strong cybersecurity to combat increasingly complex threats targeting governments, businesses, and individuals
- Emad Fahmy of NETSCOUT sheds light on the evolving cyber threats and the importance of a holistic approach to digital transformation, advising ways to safeguard digital frontiers
Business
Dubai Customs strengthens partnerships with courier firms to expand e-commerce
DUBAI, UAE - Dubai Customs recently convened an extensive meeting with the courier and express shipping companies, aimed at bolstering...
- Dubai Customs unveiled its cutting-edge e-commerce project, strategically leveraging blockchain technology to streamline supply chain operations.
- It also addressed all queries from participating companies and shared insights into the department's systems in this context.
Arts & Culture
People marvel at ancient Iraq in new ‘Assassin’s Creed’ game
The central character, pickpocket turned master assassin Basim, speaks classical Arabic in "Assassin's Creed Mirage",.
- In the game, the hooded and stealthy hero fights his way through an ancient maze of alleyways, souks and rooftops.
- The entire scene in the game has been rendered in loving detail with what its creators say is the help of historical sources.