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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.
  • Media’s Role in the Age of Algorithms

    In a world where 5 billion people are active on social media, our digital voices shape culture, foster belonging, and carry the responsibility to inspire positive change, writes HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum.
  • How social media can ‘trigger’ eating disorders in young people

    Paris, France -- Social media can push vulnerable young people towards developing eating disorders by glorifying thinness and promoting fake, dangerous advice about diet and nutrition, experts warn. Young women and girls are much more likely to suffer from illnesses such as anorexia, bulimia and binge eating disorder, though rates...
  • Chinese vent anger at Trump’s trade war with memes, mockery

    Beijing, China -- While China's leaders use their economic and political might to fight Donald Trump's trade war "to the end", its army of social media soldiers are embarking on a more humorous campaign online. The US president's tariff blitz has seen Washington and Beijing impose eye-watering duties on imports...
  • Meta to start using Europeans’ data for AI training May 27

    Paris, France -- Meta will start using public posts and comments by its European users to train generative artificial intelligence (AI) models from May 27, unless users opt out of the data-mining project. Meta, the owner of Facebook, Instagram and Threads, said earlier this week that it would develop its...
  • After Instagram restrictions, Meta to introduce teen accounts for Facebook

    Paris, France -- Meta on Tuesday announced that it was extending its teen accounts to its social network Facebook, after recently introducing restrictions on Instagram. The accounts were brought in for 13- to 15-year-old users of the company's popular photo-sharing app last September as part of moves to shield vulnerable...
  • Social media’s evolving role in GCC spotlighted at Doha conference

    Doha, Qatar – The Qatar Investment and Innovation Conference, held on Wednesday, at Barahat Msheireb in Msheireb Downtown Doha, brought together a stellar lineup of speakers from across the Gulf Cooperation Council (GCC) and beyond. The conference also saw participation from regional and international experts, including Julien Hawari, CEO of Million...
  • How are countries regulating the wild west of social media for minors?

    Paris, France -- A handful of nations are trying to clean up social media with measures including robust privacy provisions and bans aimed at minors.Among the countries taking action is Australia, which on Thursday passed a landmark law banning children under 16 from social media, and threatening stiff fines against companies...
  • Teenager takes selfie

    “Sextortion” of teens puts Instagram in trouble; Meta announces new combat measures

    Instagram and Facebook's parent company Meta accepts the rise of child/teen predators on Instagram and subsequently announces measures to battle criminals.
  • Social media platform X to shutter local operations in Brazil

    Social media platform X, formerly Twitter, will shutter its local operations in Brazil following a bitter legal tussle over the platform's rights and responsibilities, owner Elon Musk said on Saturday. The service will remain available to Brazilian users.
  • Meta to label AI-generated content

    It seeks to reassure users over the risks of deepfakes.
  • Singapore makes Israel embassy delete ‘insensitive’ Palestinian post

    Singapore, Singapore--Singapore made the Israeli embassy in the city-state take down an "insensitive" social media post about the Palestinians over the weekend after warning it could inflame tensions, the interior minister said Monday.Israel's war on Gaza and deepening humanitarian crisis in Gaza since the fighters of Hamas launched unprecedented attacks on...
  • Technology transforms Ramadan traditions across GCC

    During Ramadan, GCC residents are using digital tools that are enhancing the observance of this sacred month, offering new ways to connect, learn, and shop.
  • Digital rights of Palestinians, supporters widely violated: Report

    “Those developments had a significant impact on the digital world, freedom of speech, privacy, and security, leading to a deterioration in the digital rights situation of Palestinians and their supporters, especially after the escalation of Israeli aggression on the Gaza Strip, which led to widespread impacts on digital freedoms in...
  • Epstein case: Social media frenzy over released papers

    The release of Epstein-related court documents has ignited a social media frenzy, sparking intense scrutiny and various reactions about high-profile individuals' involvement.
  • Twitter breached contract on bonuses payment, rules US court

    SAN FRANCISCO, US - A US federal court ruled that social media company Twitter, now branded X, violated contracts by failing to pay annual performance bonuses it orally promised its workers.The breach-of-contract lawsuit was brought by former employer Mark Schobinger in June.The lawsuit said Twitter had promised workers a 2022 performance...
  • X users report global outage: monitoring site

    With no way to post on X, social media users published updates about the outage on rivals including Facebook, Threads, and Reddit. The platform resumed service for users in multiple countries shortly after 0640 GMT. At the outage's peak, Downdetector indicated that about 67,000 US users reported problems.
  • WhatsApp update allows posting status updates via Instagram

    Washington, United States -- The instant messaging platform WhatsApp launched a new update that includes an optional feature that allows users to post status updates via Instagram, as this feature will be available in a future update to the application through its beta program within the Google Play Store.During the...
  • Social media plays key role in shaping online trading

    "The rapid pace and fervor surrounding social media have introduced volatility into financial markets, leading to instances where stocks, particularly 'Meme stocks,' become overvalued as investors chase short-term gains. Notably, Reddit's r/WallStreetBets played a pivotal role in amplifying this trend," she adds.
  • Hate speech and incitement in Hebrew against Palestinians on rise: 7amleh

    HAIFA, ISRAEL –  Hate speech and incitement in Hebrew targeting Palestinians on social media is on the rise, said 7amleh- the Arab Center for the Advancement of Social Media in a statement.7amleh has documented over 103,000 instances of hate speech and/or incitement in Hebrew out of 120,000 posts collected between...
  • X rebuffs EU disinformation claims on Israel-Hamas violence

    EU internal market commissioner Thierry Breton raised the alarm in letters sent to Musk and Mark Zuckerberg, whose Meta group includes Facebook and Instagram. He demanded late on Tuesday each of them provides details within 24 hours on how "illegal content and disinformation" is being removed from their platforms in...
  • Google unveils changes before strict EU rules kick in

    EU rules will apply from Friday to Google, alongside 18 other large social media platforms and websites including Meta-owned Instagram, Twitter (rebranded as X) and TikTok, forcing the companies to better police content, or face the risk of billions of euros in fines. Among the Google products listed were YouTube,...
  • X, the former Twitter, lets users hide once-vaunted blue check

    Blue ticks, long free at Twitter, were intended to signal the identity of certain users -- such as journalists, celebrities and politicians -- had been verified in an effort to build trust in the platform. But Musk decried that as a "lords & peasants system," and opened up access to...
  • Arabs play huge role as Threads challenges Twitter’s dominance in social media space with rapid growth

    The new app developed by Meta has attracted more than 100 million users just five days after its debut, indicating its potential to compete with Twitter.
  • Facebook hands US users controls over fact-checked content

    For years, Facebook's algorithm automatically moved posts lower in the feed if they were flagged by one of the platform's third-party fact-checking partners, including AFP, reducing the visibility of false or misleading content. Under a new "content reduced by fact-checking" option that now appears in Facebook's settings, users have flexibility...
  • Iranians take up homegrown apps as Western apps are banned

    Iranians are accustomed to using virtual private networks, or VPNs, to evade restrictions and access prohibited websites or apps, including the US-owned Facebook, Twitter and YouTube. The authorities went as far as imposing total internet blackouts during the protests that erupted after the September death of 22-year-old Mahsa Amini, following...
  • Dubai faces tough fight as GCC nations compete for tourists on digital, social media platforms

    The emirate still remains at the top of the list of places to visit in the region because of the sheer diversity of products it has to offer and the infrastructure it has built.
  • Classified US-NATO Ukraine war plans wind up on social media

    Senior officials from the Biden administration have confirmed the authenticity of the documents, which have been posted on Twitter and Telegram, a platform widely available in Russia. “We are aware of the reports of social media posts and the department is reviewing the matter,” said Sabrina Singh, the deputy press...
  • Middle East fragrances market to hit $4.41 billion by 2027

    Dubai, UAE -- The Middle East fragrances market is expected to reach $4.41 billion in 2027, from $2.85 billion in 2019, growing at a CAGR of 7.4 percent from 2020-2027, a report said.Over the past couple of years, however, the traditional mass-market fragrance business has witnessed a decline in its sales...
  • 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 a project seen as a potential rival to embattled Twitter.Since billionaire Elon Musk's takeover of Twitter in October, the influential website has suffered outages, layoffs and seen advertisers flee the...
  • Passion for football catapults housebound Jordanian to stardom

    Abu Nawas grew up spending much of his time watching football matches, analysing the teams and playing football video games.
  • Cybersecurity: Convenience comes with online threats

    By slowing down and breaking the sometime mindless scrolling habit, we can make decisions with a focused mind and not fall for the tricks of social engineers who rely on us being distracted, advises Rizk while giving tips for keeping your personal info safe this Data Privacy Day.
  • Twitter sued over ‘unpaid rent’ on London office

    Twitter's British landlord said it is taking the social media to court for not paying rent on its London offices. The Crown Estate, a firm that manages land and property belonging to the British monarchy, said it has launched legal action at the High Court for rental arrears on an...
  • Middle East cybersecurity market set to grow in 2023 as region sees surge in internet, social media users

    Nearly 60 percent of organizations in the region had increased their cybersecurity spending in 2022, Abhay Pandey, Founder and CEO at MAST Consulting Group, tells TRENDS.
  • Iran detains celebrity chef in protest crackdown: reports

    No reason was given for the arrest of Ebrahimi, who had some 2.7 million followers on Instagram enjoying his slickly produced videos showing how to produce classic Persian dishes without pain. But social media users said the arrest coincided with him posting a recipe to make Persian cutlets on the...
  • Egyptians fret over soaring food prices as economy slows down

    Cairo, Egypt--Public anger has been growing for months in Egypt over a severe dollar crunch and soaring food prices. But for many a money-saving tip from a state body has been the last straw.As families have struggled to purchase household staples, an Egyptian government agency praised an alternative, cheap protein source...
  • US state brings two lawsuits against TikTok over child safety, security fears

    The legal salvo came as problems are mounting for TikTok in the United States, with multiple accusations that the extremely popular app is a national security threat and a conduit for spying by China.
  • Tweet sparks Musk fever in EU’s poorest corner

    The Tesla, SpaceX and now Twitter boss -- who is not immune to bouts of online whimsy -- recently commented on an image of the towering Belogradchik Rocks in northwestern Bulgaria under menacing clouds.
  • Musk’s Twitter lifts rule against Covid misinformation

    Twitter's New boss Elon Musk believes that all content permitted by law should be allowed on the social media platform, and on Monday described his actions as a "revolution against online censorship in America."
  • Twitter exodus begins after Musk ‘hardcore’ ultimatum

    Esther Crawford, the platform's director of product development and one of the few managers who have not been fired, who have not resigned and who still publicly support the new leader, tweeted: "To all the Tweeps who decided to make today your last day: thanks for being incredible teammates through...
  • Restoring banned Twitter accounts may take some weeks: Elon Musk

    Twitter users have been watching closely to see whether Musk will reinstate Trump, banned for inciting last year's attack on the Capitol by a mob seeking to overturn the results of the 2020 election, and other de-platformed users.
  • Turkey introduces jail terms for ‘fake news’

    Most Turkish newspapers and television channels fell under the control of government officials and their business allies during a sweeping crackdown that followed a failed coup in 2016. But social networks and internet-based media remained largely free of oversight -- much to the growing annoyance of Erdogan.
  • Meta to freeze hiring to tighten budget: report

    Big tech platforms have been suffering from the economic climate, which is forcing advertisers to cut back on marketing budgets, and Apple's data privacy changes, which have reduced leeway for ad personalization. Snap and e-commerce colossus Amazon are among tech firms that have announced workforce cuts this year.
  • Facebook whistleblower launches nonprofit to take on big tech

    The new Beyond the Screen nonprofit said that its first project will be to document ways big tech is failing in its "legal and ethical obligations to society" and help come up with ways to solve those problems. "We can have social media that brings out the best in us,...
  • Social media greenwashing by fossil fuel interests ‘rampant’: study

    This is a widespread corporate practice researchers call "redirecting responsibility" in which individual behavior, rather than the actions of governments and companies, is placed at the center of climate action. "It can make a company seem greener actually in a unique way that does the subtle work of overriding even...
  • TikTok rolls out plan to fight US election misinformation threat

    TikTok will use automated systems and human fact-checkers to assess the accuracy of content, prompting users to "reconsider" sharing posts with unsubstantiated information, Han said.
  • Retaining customers rattles retailers as sales drop

    From optimizing the purchasing ecosystem to driving personalization and developing schemes that help consumers with finance management, retailers must work harder.
  • Creator economy rides on NFTs for growth, expansion

    Blockchain technology has put creators at the center and allows them to capture and distribute their value efficiently, safely and quickly, says MILLION COO Franck Mandon.
  • Social media sites choke Palestinian narrative: Monitoring group

    Sada Social Center, a Ramallah-based social media monitoring group, said Facebook ranks first in suppressing Palestinian content, as 273 violations were documented on the social media giant, followed by WhatsApp.
  • Twitter deal still in limbo due to fake accounts: Elon Musk

    Business magnate Elon Musk said Tuesday that his $44 billion move to take over Twitter remained held up by "very significant" questions about the number of fake users on the social network. Musk was reluctant to talk about the deal when asked at the Qatar Economic Forum, saying it was...
  • Stay off social media to improve your mental health: Study

    It’s no secret that too much social media can be bad for one’s mental health. Now, research suggests that taking even a brief break from social media platforms can ease symptoms of depression and anxiety, media reports said. Staying off social media for a week meant, for some study participants,...
  • Musk sends mixed messages on Twitter deal, pressuring shares

    Elon Musk sent mixed messages Friday about his proposed Twitter acquisition, pressuring shares of the microblogging platform amid skepticism on whether the deal will close. In an early morning tweet, Musk said the $44 billion takeover was "temporarily on hold," pending questions over the social media company's estimates of the...