• Gold, bitcoin pull back from records as US stock markets slip
    On Wall Street, the Dow and the S&P 500 both finished 1.0 percent lower, while the tech-rich Nasdaq composite ended the day down 1.7 percent, pulled down by firms including Apple and Tesla. Despite the gloomy trading day in New York, US stock indices are still up sharply on the year.

    Gold hit a new record of $2,140 an ounce in early trading, before giving up some of its gains to trade close to $2,128 at around 2130 GMT

    Among digital assets, bitcoin briefly hit a record high above $69,000 - beating a record of $68,991 struck in November 2021

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    Saudi Arabia takes offense at EU duties

    Saudi Arabia has filed a World Trade Organization complaint over EU anti-dumping duties on imports of a chemical compound used to make synthetic fibers and plastic bottles.
    Business
  • Fusing Sharjah Research Technology and Innovation Park (SRTIP) with Sharjah Oasis for Technology and Innovation (SOTI) will boost UAE’s knowledge economy and status as an entrepreneurial haven, says SRTIP Chairperson Sheikha Bodour bint Sultan bin Mohammed Al Qasimi.
    "The time is right to reach higher and underscore Sharjah’s position as a leading global destination for innovation, business, and entrepreneurship. The establishment of a diverse and experienced Board of Directors to guide and support the vision of SRTIP is an important step on that path," she added.
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    ‘You’ve got to finish the problem’: Trump supports Israel’s war
    The fighting began with an attack by Hamas on southern Israel on October 7, resulting in about 1,160 deaths, most of them civilians, according to an AFP tally based on official Israeli figures. Israel's retaliatory offensive in the Gaza Strip has killed 30,534 people, mostly women and children, according to the health ministry in Gaza.
  • OpenAI denies Musk’s ‘betrayal accusations, plans legal dismissal
    OpenAI captured the public imagination in late 2022 with the release of its chatbot ChatGPT, which can generate poems and essays and even succeed in exams. OpenAI has received about $13 billion in investment from Microsoft in recent years, and both companies market AI services to developers and individuals.

    Musk launched a legal case against OpenAI last week, arguing in documents filed in a San Francisco court that the firm was always intended as a nonprofit entity

    The Tesla Boss was one of the co-founders of OpenAI in 2015 along with Sam Altman but left the organization in 2018 and is now one of its most vocal critics

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    US forces down drones, missiles fired at warship by Houthis
    The US military command said that its forces shot down one anti-ship ballistic missile and three one-way attack unmanned aerial systems launched from Houthi controlled areas of Yemen toward USS Carney in the Red Sea. Houthis have been attacking shipping in the Red Sea for months over Israel's war on the Gaza Strip.

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  • Facebook, Instagram services restored after widespread outages
    More than half a million users across the globe reported issues earlier in the day, with many saying they were booted out of the social media platforms and unable to log back in. The most frequently reported problems by users were with logging into the Facebook app and issues with the Instagram app.

    A Meta Spokesman said the issue was resolved for "everyone who was impacted"

    Facebook is the world's largest social media platform with three billion active users

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    Now more accessible, Bitcoin strikes record high above $69,000
    Bitcoin has enjoyed an unbridled rise since the approval of a new type of investment indexed to the cryptocurrency. Since their approval on January 10 by US securities regulators, exchange-traded funds (ETFs) indexed to bitcoin have theoretically enabled a wider public to invest in the cryptocurrency without having to hold it directly.

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  • Food dispatch app Uber Eats launches robot deliveries in Tokyo
    Uber Eats' boxy robots have square headlights for eyes and three wheels on each side to navigate kerbs as they calculate routes on their own, using sensors to avoid pedestrians and other obstacles.Like self-driving delivery services launched by the company in North America, the Tokyo robots will be limited in scope at first, said Uber...

    Starting Wednesday, robot deliveries will be offered in a small area of the city by the US-based food app, which hopes to eventually roll out the service more widely in Japan

    Japan changed traffic laws last year to allow delivery robots on public streets and other companies including Panasonic are also trialing cute new machines to transport goods

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    Business
  • "The time is right to reach higher and underscore Sharjah’s position as a leading global destination for innovation, business, and entrepreneurship. The establishment of a diverse and...
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