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Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.
  • Former YouTube CEO Susan Wojcicki dies of cancer aged 56

    San Francisco, United States - Tech pioneer and former YouTube chief Susan Wojcicki, who played an instrumental role in the rise of Google, has died at the age of 56 after battling lung cancer, her husband announced Friday.Wojcicki, one of the most prominent women in Silicon Valley, spent nearly two decades...
  • Led by Elon Musk, Silicon Valley tech titans make rightward turn

    Washington, United States -- Since his tumultuous takeover of Twitter, Elon Musk has made an unabashed turn to the right politically, defying the orthodoxy that Silicon Valley is a citadel of well-heeled liberals beholden to Democrats.Long considered non-identifiable ideologically, Musk's politics are now hardline right wing as he uses his platform...
  • The fight over a ‘dangerous’ ideology shaping AI debate

    Paris, France - Silicon Valley's favorite philosophy, longtermism, has helped to frame the debate on artificial intelligence around the idea of human extinction.But increasingly vocal critics are warning that the philosophy is dangerous, and the obsession with extinction distracts from real problems associated with AI like data theft and biased algorithms.Author...
  • Doha, Dubai most competitive job markets globally

    Despite international scrutiny over labor practices, Qatar and the UAE continue to attract job seekers with attractive policies like tax-free income, a recent study points out.
  • Artificial Intelligence dangers: White House summons tech giants

    Vice President Kamala Harris and other administration officials will discuss ways to ensure consumers benefit from AI while being protected from its dangers. US President Joe Biden has urged Congress to pass laws getting stricter limits on the tech sector, but these efforts have little chance of making headway given...
  • Google stops work on big Silicon Valley campus: report

    The internet titan is scheduled to release its most recent quarterly earnings figures next week. A site in San Jose had been cleared for a Google "Downtown West" campus, with construction to start by the end of this year, according to CNBC.
  • 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 sophistication of phishing scams.Content creation bot ChatGPT, Silicon Valley's latest app sensation, was launched by Microsoft-backed start-up OpenAI in November."Darktrace does not believe that ChatGPT has yet lowered barriers to...
  • Colombia targets $1bn trade and direct flights with UAE

    Colombia sees the UAE as a potential partner for growth in bilateral trade, economy, and tourism.
  • Facebook ‘metaverse’ to become reality soon

    The technology might, for example, allow someone to don virtual reality glasses that make it feel as if they're face-to-face with a friend.
  • Facebook says some users struggling to access its services

    Facebook did not provide details on the cause or scope of the problems, which caused users to flock to Twitter to voice frustration.
  • Netflix turning to games as streaming growth slows

    Analysts said the Netflix move is not aimed at disrupting the expanding gaming market but keeping its own viewers interested by offering new kinds of content
  • From Jun 15, Facebook employees can opt for remote work permanently

    Facebook will let any employee to work remotely permanently if the job can be performed that way Company expects it will have most of its US campuses at 50 percent capacity by early September Facebook on Wednesday said it will give employees the option of sticking with remote work for...