Archive / Technology - 2021
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How Poland is assisting to condition the economy of tomorrow - Business Extra podcastPoland hopes its role as a central and eastern European technology hub can help create cross-investment opportunities in the financial, healthcare and food sectors for...Hackers stole 26 million user login credentials between 2018 and 2020, new study showsHackers stole about 26 million user login credentials for almost a million websites through custom malware between 2018 and 2020, according to a fresh study.The...AI to create poetry for UK pavilion at Expo 2020 DubaiPoetry is often viewed as probably the most personal and incisive types of written innovative expression. Later this season, however, thousands of men and women...Bitcoin rallies after Elon Musk says Tesla encourage cryptocurrency when miners use more clean energyBitcoin rallied after Tesla’s billionaire leader and founder Elon Musk said his electric car company will resume accepting the world’s biggest cryptocurrency once its miners...Why US power and water companies are susceptible to cyber attacksWhen the Los Angeles Department of Water and Power was hacked in 2018, it took only six hours. Early this season, an intruder lurked in...Indian government's new IT rules add tensions to its uneasy relation with 'Big Tech'Police in India stormed Twitter's office in New Delhi last month and officials from a particular cell, which normally investigates crimes such as for example...UK electric flying taxi firm Vertical Aerospace lifts off with $2.2bn Spac listingElectric flying taxis jetted just a little nearer to reality after British entrepreneur Stephen Fitzpatrick unveiled plans to list his start-up Vertical Aerospace in the...Apple hires former BMW executive to advance electric car plansApple features hired Ulrich Kranz, a former senior executive at BMW’s electric car division, to greatly help lead its vehicle efforts, according to persons familiar...JBS paid $11m in Bitcoin to hackers soon after cyber attack hit plantsJBS USA said it paid $11 million in ransom to the criminals in charge of the cyber attack that disrupted procedures across North America and...White House drops Trump orders trying to ban TikTok and WeChatUS President Joe Biden revoked bans enacted by past president Donald Trump on the Chinese-owned social media apps TikTok and WeChat on Wednesday.Rather, the administration...FBI’s encrypted app contributes to 800 arrests of global criminalsMore than 800 criminals were arrested, 55 luxury cars impounded and above $48 million in a variety of currencies and digital possessions were seized through...Fastly disruption shows 'vulnerability' of companies to cyber attacks, authorities sayThe Fastly internet disruption has exposed the vulnerability of online services relied upon by millions around the world, cyber security professionals said.Web sites of the...iPhones revenue to exceed $200bn by 2022, report saysRevenue of Apple’s iPhones might exceed $200 billion next year as the version steadily increases its talk about of the $560bn smartphone industry, according to...SoftBank-backed scooter operator Tier secures $60m financing from Goldman SachsTier, a Berlin based micro-mobility provider, secured $60 million of asset-backed financing from Goldman Sachs to fuel its expansion in the Middle East and Europe.The...Amazon launches car rentals in the UAEAmazon is currently offering up online car local rental services in the UAE under its residence services umbrella.The world's major e-commerce company will provide car...Generation Start-up: This PropTech platform uses AI to offer competitive edge to brokersThe Covid-19 pandemic has hastened the technological transformation of varied sectors and Dubai’s property market has joined the bandwagon.Cashing found in on the need for...Al Maryah Community Lender completes style of its digital platformAl Maryah Community Lender, the UAE's new digital lender, said it has finished the look of its technology program, filled with Artificial Intelligence capabilities.“After extensive...Broadcom forecasts upbeat product sales on 5G ramp upBroadcom expects current-quarter earnings above Wall Street goals, as the semiconductor firm is set to take advantage of the rising adoption of 5G technology.As the...David Beckham invests in EV company LunazPast professional footballer David Beckham invested an undisclosed volume in the British electric vehicle company, Lunaz, acquiring a 10 % stake in the strong.The former...Craft industry Etsy to buy second-hand fashion software Depop for $1.6 billionEtsy, the online market place for crafts and vintage items, is buying second-hand fashion app Depop for $1.63 billion since it seeks to grow its...Singapore’s Group-IB ideas to create local cyber technology from DubaiSingapore-established Group-IB aims to produce in-house cyber reliability solutions from its Dubai research centre by 2023 by making use of local talent, in line with...Zoom's boom continues found in 1Q, raising post-pandemic hopesZoom continues to be booming, raising prospects that the video-conferencing program should be able to sustain it has the momentum, even as the easing pandemic...Generation Start-up: How one man's investing experience led to him to create robo-adviser StashAwayAs an expatriate living and employed in Singapore in 2016, Michele Ferrario was earning a decent salary and saving well. Even so, the Italian indigenous...Investment flows into India's fast-growing FinTech sector showing signals of a recoveryBanking technology start-up Zeta this month became India's latest service to cross the $1 billion valuation mark, increasing $250 million coming from SoftBank Perspective Fund...Russian hackers resume US cyber offensive, Microsoft saysThe Russian hackers behind the SolarWinds campaign escalated their attacks on US federal government agencies, think tanks and non-governmental organisations as part of intelligence gathering...Competitor fears Musk's SpaceX could 'monopolize' spaceThe launching of a large number of satellites into low Earth orbit by tech billionaire Elon Musk's SpaceX threatens the "de-facto monopolization" of space, the...UAE’s Ministry of Market clubs up with SCA to start FinTech Megathon 2021The UAE’s Ministry of Overall economy has joined forces with market segments regulator the Securities and Commodities Authority to launch a ‘FinTech Megathon 2021’ programme...Fast computers, 5G networks and radar that passes through walls bringing 'X-ray vision' nearer to realityWithin seconds after reaching a city, earthquakes can cause immense destruction: Properties crumble, high-rises turn to rubble, persons and pets are buried on the debris.In...Two ex-Credit Suisse dealers are among the world's biggest crypto holdersKyle Davies and Su Zhu started 3 Arrows Capital at your kitchen desk of their apartment on 2012. Now they happen to be among the...Amazon Web Companies to open three info centres in the UAE in 2022Amazon Web Companies (AWS) said on Wednesday it'll open three info centres found in the UAE found in the first 50 % of next time...Egyptian start-ups receive record venture capital funding of $190m on 2020Start-ups found in Egypt received an archive $190 million in funding last year, accounting for more than one-fifth of every venture capital deal found in...Dubai’s DMCC opens latest crypto centre to utilize blockchain's potentialThe Dubai Multiple Commodities Centre (DMCC) launched a fresh Crypto Centre which will house companies growing crypto and blockchain technologies.The new facility has been rolled...AI can unlock $1tn a yr in value for banking institutions, McKinsey saysThe adoption of artificial intelligence technologies may potentially deliver up to $1 trillion of extra value every year for banks, according to global consultancy McKinsey.AI...Elon Musk tweets his support for digital currencies found in 'battle' between crypto and fiat moneyElon Musk is again tweeting about technology and cryptocurrencies, which time he is clear on where his support reaches.In a thread began by Mr Musk...Tencent joins Alibaba on spending spree as competition growsTencent Holdings pledged to sharply increase investments this season after posting a 25 per cent gain in quarterly earnings, joining its most important rivals in...Iran working with cryptocurrency mining to swerve all around us sanctionsBitcoin mining earns Iran vast sums of dollars found in cryptocurrencies which can be utilised to get imports and reduce the impression of sanctions, a...Founder of ByteDance techniques down as CEO before community offeringByteDance founder Zhang Yiming can cede the reins of TikTok’s owner to a vintage school roommate and lieutenant, stepping rear from performing the world’s most...Hub71 recruits 16 new start-ups within latest cohortAbu Dhabi-based global tech ecosystem Hub71 said it selected 16 start-ups from 11 countries, representing seven different sectors, to become listed on its incentive programme...Egypt-based Homzmart raises $15m amid expansion pushHomzmart, a good Cairo-based furniture and house goods marketplace, raised $15 million found in funding from Beijing’s expenditure organization MSA Capital and Nuwa Capital, a...Ireland condemns 'criminal act' against the sick after second cyber attack on health and wellbeing systemA cyber attack against Ireland's health program was referred to as a “serious criminal act” against sick people, amid fears confidential patient data could possibly...Bitcoin recovers from three-month low as Musk says Tesla won't sellBitcoin, the world’s major digital currency, recovered from three-month lows on Monday after Tesla’s billionaire leader Elon Musk clarified that the business had not sold...Dogecoin heads 'to the Moon' after being used to invest in a lunar satellite missionThe rise of the cryptocurrency Dogecoin has reached a new level after the token was used to cover a lunar satellite launch.SpaceX, Elon Musk’s commercial...UAE start-up Tenderd joins World Economic Forum's Global Innovators CommunityOnline construction marketplace Tenderd is among the most first UAE-based company invited to become listed on the World Economic Forum’s Global Innovators Community.The company will...Generation start-up: how Dubai-based Yeepeey is simplifying online grocery deliveryExperience is the best teacher and the worst experience usually teaches the best lesson. This holds true for Indian entrepreneurs Sagar Chandiramani, Jatin Sharma and...Cyber-attack forces Colonial Pipeline to halt all operationsColonial Pipeline, the greatest US refined products pipeline operator, has halted all businesses after it fell victim to a cyber security attack on Friday, the...ECB’s Christine Lagarde sounds alarm over usage of cryptos for the money launderingEuropean Central Bank chief Christine Lagarde sounded the alarm over the utilization of cryptocurrencies for the money laundering on Friday as she backed the adoption...Britain's smart cities face 'Italian Job' cyber attacks on digital networksSmart cities are susceptible to cyber attacks targeted at weaknesses in their connected digital infrastructure, the UK's National Cyber Security Centre said.Global metropolises use a...Uber narrows first-quarter loss on surge in delivery business and sale of self-driving unitUber narrowed its initial quarter net damage to $108 million from $2.9 billion in the same period last year, as its delivery business grew 166...PayPal reports record first-quarter profit in rise of e-commerce during pandemicPayPal reported an archive first-quarter with net income soaring a lot more than 10 circumstances annually as strong payment volumes were boosted by the change...Facebook blocks Signal’s Instagram ad accountFacebook blocked encrypted messaging software Signal from owning a series of Instagram advertising that could show users the non-public data the photo-posting network and its...Most UAE consumers willing to try new digital repayment methodsNinety-seven % of consumers surveyed in the UAE intend to use at least one latest approach to digital payment such as wearables, biometrics, digital currencies...Apple's 'walled garden' faces Epic attack in application store trialApple’s lucrative app store was alternately portrayed as a price-gouging monopoly and a hub of world-changing innovation through the preamble to a trial that may...Dubai Chamber teams up with TikTok to help 1,000 businesses broaden digital reachDubai Chamber of Commerce and Industry has joined forces with TikTok to teach start-ups and small and medium enterprises how to utilize the short-form video...Bitcoin purchases by central banks and sovereign funds is inevitable, Tyler Winklevoss saysPurchases of Bitcoin by central banks and sovereign funds are inevitable as the adoption of cryptocurrencies is growing, according to Gemini co-founder Tyler Winklevoss.More companies...Twitter earns $68m net profit in Q1Twitter reported a net profit of $68 million in the first quarter, compared with a loss of $8.3m through the same period a year ago,...Girl Scout cookies fly with drone deliveriesA Google affiliate is using drones to provide homemade cookies to people’s doorsteps in the US.The city of Christiansburg, Virginia, is a testing ground for...Apple’s quarterly profit a lot more than doubles on strong salesApple’s net profit a lot more than doubled in the business's fiscal 2021 second quarter that ended on March 27, as earnings across all types...Facebook’s first-quarter profit climbs on strong advertising revenueSocial-networking company Facebook's first-quarter net profit surged a lot more than 93 % on the trunk of rising advertising revenue.The Menlo Park-based company’s net profit...Spotify shares climb on price hike planSpotify's intend to increase a few of its prices might not exactly be favored by customers, but it is faring well with investors.Its stock gained...Tesla’s first-quarter profit surges to $438m on record deliveriesElectric vehicle maker Tesla saw an enormous surge in its first quarter net profit as its revenue soared on the trunk of record deliveries and...Baidu's Jidu Auto to invest $7.7bn in smart carsJidu Auto, a power vehicle venture between China's tech giant Baidu and Chinese automaker Geely, aims to plough 50 billion Chinese yuan ($7.7bn) into making...Tesla’s stock may get a post earnings jolt this weekDie-hard Tesla investors could possibly be forgiven for wondering why the thrill of owning the iconic car maker’s stock has seemingly disappeared.In the end, since...Generation start-up: 'Black sheep' forges his own path to break down banking barriersEntrepreneurship “is something that I’ve been raised with,” says Abdullah Almoayed, the chief executive of open banking platform Tarabut Gateway.“I was created and raised right...Turkey's fourth biggest crypto exchange collapsesTurkey’s cryptocurrency investors were dealt another blow towards the end of a dismal week after another big exchange collapsed in as many days and its...Bitcoin breaches $50,000 threshold in downfallBitcoin headed because of its worst week in almost 8 weeks on Friday as a proposed capital-gains tax increase for wealthy Americans intensified the volatility...Xiaomi considers investment in AI chip maker Black SesameCellular phone giant Xiaomi is among investors considering joining a funding round of at least 1.5 billion Chinese yuan ($231 million) for Black Sesame Technologies.The...Jaguar Land Rover shuts UK plants because of chips shortageOutput at two of Jaguar Land Rover's (JLR) British car factories will be temporarily halted from Monday, because of Covid-19 supply chain disruption, including too...Email threats against global businesses grew 64% in 2020 because of remote workingEmail threats against global businesses surged by more than 64 % on an annualised basis this past year, spurred by an instant shift to remote...Apple launches AirTag, new iPad Pro, TV and iMac desktop at Spring LoadedApple launched a range of products, including its long-awaited AirTag to track and find missing items and a redesigned iMac desktop in a variety of...3IQ's $1.45bn Bitcoin Fund set for Nasdaq Dubai listingThe manager of the world's first Bitcoin fund to trade on a significant exchange is to list it on Nasdaq Dubai.3iQ Corporation, which listed The...Mena's EdTech sector primed for growth amid pandemicThe training technology sector has become an “attractive and promising new market” for capital raising investors, especially in the Mena region, as the Covid-19 pandemic...Bitcoin slumps 15% after hitting new highsThe mania that drove crypto assets to records as Coinbase Global went public last went fired up itself on the weekend, sending Bitcoin tumbling by...Adobe founder and PDF creator Chuck Geschke dies aged 81Charles “Chuck” Geschke - the co-founder of the major software company Adobe who helped to build up Portable Document Format technology, or PDFs - died...Elon Musk's SpaceX beats Jeff Bezos's Blue Origin to Nasa contract to put astronauts on the MoonNasa awarded billionaire entrepreneur Elon Musk’s space company SpaceX a $2.9 billion contract to create a spacecraft to bring astronauts to the moon by as...Crypto craze fuels Dogecoin rise from joke to $50bnWhile Coinbase Global captured the news using its market debut, the frenzy around digital tokens is taking its zaniest turn yet in the price tag...Domino’s teams up with Nuro to roll out autonomous pizza deliveries in AmericaDomino's, the world largest pizza company by retail sales, teamed up with California-based self-driving delivery company Nuro to roll out autonomous pizza deliveries in the...Silver Lake invests in Abu Dhabi’s AI and cloud computing company G42Group 42, the Abu Dhabi-based artificial intelligence and cloud computing company, secured a "substantial" investment from US-based private equity manager Silver Lake.As part of the...Facebook Oversight Panel allows appeals on content that remains onlineFacebook and Instagram users is now able to appeal against other's content that has been allowed to stick to the platforms following the independent Oversight...Ride-hailing firm Grab agrees to $40bn merger with 'blank cheque' companySouth-East Asia's most important ride-hailing and meals delivery firm, Pick up Holdings, agreed to a merger in Tuesday with US-based Altimeter Expansion Corporation in a...Microsoft to get speech technology company Nuance on $19.7bn all-cash dealMicrosoft is shopping for speech technology company Nuance Communications within an all-cash deal valued at $19.7 billion, including debt, making an enormous bet on health...UAE’s telecoms regulator adopts a new identityThe UAE Telecommunications and Digital Federal government Regulatory Authority (TDRA) has rebranded, the entity announced on Mon.Its new identity comes after a decree in September...Didi Chuxing records 'confidentially' around regulator for IPO that could increase several billion dollarsAsia’s best ride-hailing start-ups are pressing in advance with listing plans, as they seek to have good thing about a boom in collateral offerings to...Huge stakes at sea on global rush for wind powerGlobal competition for offshore wind power is indeed sizzling hot that license auctions now resemble the coal and oil competitions of simply a few years...Huawei sees more scope for autonomous cars in the centre East while 5G rolls outChinese telecoms manufacturer Huawei aims to capitalise on the fast-evolving electrical and autonomous vehicle industry as the business diversifies its offerings through home based business...China's Didi picks Goldman, Morgan Stanley for mega US IPO, sources sayChina's top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to business lead its blockbuster initial consumer offering, two people with expertise...PayPal commits to carbon neutrality by 2040PayPal, which operates one of the major ecommerce platforms globally, ideas to be carbon neutral by 2040.The FinTech company aims to use 100 per cent...Facebook executive on harmful content material: 'There is not a perfect law out there'There are no "perfect" laws to regulate harmful content online all over the world but Facebook would welcome regulation, a vice president of public policy...Amazon's Jeff Bezos supports Biden infrastructure bill and corporate tax increaseAmazon leader Jeff Bezos said he supported investing in US infrastructure and an increase in the organization tax rate to greatly help pay for it.Weighing...In blow to Google, AI research manager leaves after several colleagues oustedGoogle research supervisor Samy Bengio, who oversaw the company’s AI ethics group until a controversy resulted in the ouster of several female leaders, resigned in...ADGM launches Digital Marketplace to test feasibility of future productsAbu Dhabi Global Market has introduced an online community where entities such as banks, investors, financial technology companies and regulators can come together to test...Arabic YouTube Kids app launched in MenaAlphabet-owned YouTube rolled out the Arabic version of its YouTube Kids app across the Middle East and North Africa region on Monday as the video-sharing...Amazon aims to seize larger share of India's $4.3bn food delivery marketCompetition in India's online foodstuff delivery sector is heating up, with market innovator Zomato planning a public listing this season, while Amazon makes a force...Chinese EV maker Nio halts production over chip shortageElectrical vehicle maker Nio will temporarily halt production at one of its factories on Anhui province as a result of a semiconductor shortage, starting to...Britain’s 'flat white economy' today 28% bigger than country's manufacturing sectorBritain’s "flat bright white economy" is now 28 % bigger than the country’s manufacturing sector and the most important driver of UK growth, based on...Facebook and Google CEOs provide inputs to reform net law to combat misinformationFacebook chief executive Mark Zuckerberg organized steps to reform an integral internet laws on Wednesday, declaring that companies must have immunity from liability only if...Tesla commences accepting Bitcoin as payment because of its EVs, Musk saysTesla, the world's biggest electric vehicle business, is accepting Bitcoin due to payment for its automobiles, according to its founder Elon Musk.Mr Musk built the...How TikTok is capitalising alone 15 minutes of fame: Business Extra"You want to inspire creativity and create joy."That's what it's all about at TikTok, according to Shant Oknayan, an over-all manager for the spot at...Meet the brain behind Neom's autonomous transport ambitionsA number of the world’s leading engineering minds are assisting to design a fully autonomous transportation system for Saudi Arabia’s Neom megacity.Fleets of self-driving electric...Apple issues iPhone 11 recall in UAE due to screen problemApple has issued a good recall for iPhone 11 devices found in the UAE due to a touchscreen problem.The business has started a "Display Module...Amazon to create 1,500 jobs found in Saudi ArabiaE-commerce giant Amazon is usually creating more than 1,500 jobs on Saudi Arabia.The company will open 11 new buildings over the kingdom, since it grows...Peloton issues safety caution after child dies in treadmill accidentPeloton Interactive on Thursday issued a good safety caution after learning of the death of a kid due to an accident involving its Tread+ fitness...Facebook focusing on Instagram for kids under 13Facebook says it really is working on a type of its Instagram software for kids under 13, who are technically prohibited to use the software...Google pledges $7bn investment to create 10,000 Jobs in US this seasonGoogle announced a $7 billion investment in the US that will create at least 10,000 new careers this year, a good drop from the $10bn...Record heavy rain forces evacuations, flood warnings over Australia's east coastAustralia's east coast was smashed by major rains on Saturday, forcing multiple evacuation orders and pleas from authorities for folks in Sydney to remain in...Dubai’s Dtec teams up with Oqal network to market entrepreneurship in the GulfDubai Silicon Oasis Authority’s Dtec (Dubai Technology Entrepreneur Campus) is partnering with Oqal Angel Investors Network, an early-stage investor group operating in Saudi Arabia and...Abu Dhabi's Pure Harvest raises $60m to fund GCC growthAbu Dhabi-based agri-tech enterprise Pure Harvest Good Farms secured $60 million through two financing discounts and may turn to raise another $100m this season as...Abu Dhabi's Pure Harvest raises $60m to invest in GCC growthAbu Dhabi-based agri-tech firm Pure Harvest Good Farms raised $60 million through two financing discounts that can help the company expand its functions and accelerate...Optimism over US stimulus assists Bitcoin rally former $60,000 for the very first timeBitcoin surged to another record, pushing at night $60,000 mark seeing that a good rally fuelled by the US Covid-19 stimulus helped raise the world’s...Why India's move to diversify its digital payment system is very good news for Amazon and GoogleIndia’s move to diversify its digital payment system presents an enormous opportunity for technology giants such as for example Amazon, Facebook and Google, who happen...JD.com in foretells buy stake worth $1.5bn in brokerageJD.com is found in foretells buy part or all of a stake in brokerage Sinolink Securities value at least $1.5 billion, three persons stated, as...Rakuten to raise $2.2bn as Japan Content, Tencent and Walmart purchase stakesRakuten plans to improve 242 billion yen ($2.2bn) by selling shares to investors including Tencent, Walmart and Japan Content.Japan Post will purchase a stake of...Chinese regulator fined companies including Tencent and Baidu for past dealsChina’s anti-trust regulator fined practically 12 large technology businesses including Tencent, Baidu, ByteDance and Didi Chuxing for previous acquisitions and investments as it stepped up...German electric car sales surge in 2020 fuels record 38% global growthGlobal electric car sales rose by a record 38 per cent in 2020, taking the full total number on the world's roads to 10.9 million.Dubai...Breach of security start-up Verkada reportedly exposes 150,000 camerasSeveral hackers reportedly breached more than 150,000 security camera systems of California-based start-up Verkada, exposing the live feed of companies including electric vehicle maker Tesla...Disney crosses streaming milestone of more than 100 million DisneyWalt Disney Co's Disney+ streaming service registered a lot more than 100 million paying subscribers all over the world in its first 16 a few...Hub71 launches innovative programme to connect start-ups with Abu Dhabi corporationsAbu Dhabi-based global tech ecosystem Hub71 unveiled a new programme to connect selected start-ups with the emirate’s corporates, particularly those under Mubadala Investment Enterprise and...PayPal to obtain crypto security organization Curv within digital token pushUS FinTech huge PayPal is shopping for Israeli cryptocurrency security firm Curv as part of its push into digital tokens.Economic terms of the deal, which...Zoom CEO Eric Yuan donates $6 billion of sharesEric Yuan, leader of Zoom Video Communications, donated greater than a third of his stake on the business, filings show.Mr Yuan gifted nearly 18 million...Covid-19 vaccines sold on darknet from $250 to $1,200 and payed for with BitcoinThree major Covid-19 vaccines - Pfizer-BioNTech, AstraZeneca, and Moderna - are being advertised on the market on the darknet and being payed for with Bitcoin,...A lot more than 30,000 entities compromised through Microsoft’s Exchange flawsCyber-espionage group Hafnium features exploited Microsoft’s trusted email and calendar Exchange server, breaching a lot more than 30,000 commercial and municipality entities in the US.Criminals...Typical UAE resident spends 7.5 hours online each dayThe common resident in the UAE spent seven hours and 24 minutes online each day in 2020, it was revealed in a worldwide report.Data from...UAE partners with Spain to step up technology adoptionThe UAE and Spain signed an initial agreement to pave just how for collaborating and developing an advanced technology framework over another three years.The UAE’s...UAE partners with South Korea to build up hydrogen economy and advanced technologiesThe UAE and South Korea are joining forces to further develop the hydrogen economy and collaborate on industrial and technological policies.The UAE’s ministry of industry...Cafe staffed by robots piloted by people with disabilities to wide open in TokyoOriHime is a good charming Japanese robot. Like the majority of robots manufactured in Japan, it’s packed with circuitry, development chips, and has an exterior...Virgin Galactic shares tumble after chairman sells $213 million stakeVirgin Galactic Holdings tumbled Friday following its billionaire chairman Chamath Palihapitiya offloaded shares well worth about $213 million found in the space-tourism organization founded by...Facebook's factory’ circumstances for moderators suffering traumaThe chairman of Ireland’s justice committee has raised concerns that Facebook isn't “urgently addressing” content issues after a large number of moderators highlighted workplace problems.James...Volvo vehicles to be fully electrical by 2030All Volvo automobiles will be fully electrical by 2030, the Swedish car maker said on Tuesday as it rolled away its second electrical vehicle, the...Market conditions might determine additional talk about sale found in Aramco, chairman saysSaudi Arabia will consider advertising more shares on Saudi Aramco, the world's greatest exporter of essential oil, once marketplace conditions improve, in line with the...U.S. probing engine fires in practically 1.9 mil Toyota RAV4 SUVsThe U.S. government can be investigating issues of engine compartment fires in practically 1.9 million Toyota RAV4 small SUVs.The National Highway Traffic Security Administration started...Tencent follows Amazon with its first Mena data centre in BahrainTencent Cloud, the cloud business arm of China-based technology firm Tencent, is establishing its 1st data centre in the centre East and North Africa since...Sharjah launches energy hub in innovation free of charge zoneSharjah Research Technology and Innovation Recreation area, a study and development free zone, launched a fresh hub targeting opportunities on energy and low carbon.The MEA...UK to take stakes in later-stage tech start-ups through £375m fundBritain’s finance minister Rishi Sunak is defined to unveil a fresh fund to get £375 million ($522.18m) into UK technology companies, a approach which will...Demand for freelancers accumulates in Mena regionDemand for freelancers is increasing over the Middle East and North Africa place as companies find “multiple benefits” found in outsourcing job, according to a...Bill Gates on Covid-19: Behaviour can change in a 'significant way' by late spring or summerBehavioural changes in place to stave off the Covid-19 outbreak could change by "late spring or summer" following widespread vaccination efforts in the developed world,...Can Tesla's entry into India switch on its struggling electric auto market?India's nascent electric automobile (EV) market has lengthy struggled to get off the ground, beset by a range of challenges including too little charging infrastructure...China’s telecom giant Huawei plans to manufacture electric vehiclesChina’s Huawei ideas to make electrical vehicles under its brand and may launch some products this year, four resources explained, as the world’s most significant...Twitter plans to launch new features and double its earnings by 2023Twitter will launch new features and products faster to refresh its business after years of stagnation, the company said, aiming to double its annual income...Investcorp company Ageras raises $73m from US asset managerAgeras Group, a good portfolio enterprise of Bahrain-based solution asset supervisor Investcorp, raised $73 million in new financing from US-based Lugard Highway Capital.The Copenhagen-headquartered company...UK's Hambro Perks launches $50m fund to purchase Mena's early stage start-upsHambro Perks, a good London-based investment firm, achieved the initially close of a fresh $50 million venture fund focused on technology investments in the centre...Lewandowski hits goal landmark as Bayern Munich hammer Lazio on Rome Robert Lewandowski started to be the Champions League's third-leading scorer ever as holders Bayern Munich set one ft . in the quarter-finals with a 4-1...PIF-backed Lucid Motors to go open public at $24bn valuationLucid Motors is merging with Churchill Capital Corp IV, a blank-check company that values the merged entity at a pro-forma equity benefit of $24 billion,...Elon Musk says Bitcoin appears superior after crypto touches $1tn market capitalisationElon Musk, the billionaire founder of Tesla Motors, said the cost of Bitcoin and Ethereum "seem high" following the cryptocurrencies surged to record amounts on...Ex-Bank of England governor Tag Carney joins payments company Stripe's boardA former governor of the Bank of England and Lender of Canada, Tag Carney, has been appointed to the table of Stripe amid studies that...From drones to submarines: What to expect at the center East's biggest defence expoGulf countries are expected to invest in advanced defence technologies, native military production capabilities and knowledge-transfer partnerships through the Middle East's largest defence expo found...Google fires another AI researcher in spite of outcry of staffGoogle fired the business lead of its Ethical Artificial Cleverness workforce, Meg Mitchell, escalating the turmoil surrounding its AI division following the acrimonious exit of...New front opened on Epic struggle with AppleFortnite creator Epic Games has used its fight Apple to European Union antitrust regulators, escalating its dispute with the iPhone maker over its App Retail...Right-wing friendly Parler announces relaunchThe right-wing friendly social networking Parler, that was forced offline following Jan 6 attack on the U.S. Capitol by supporters of then-President Donald Trump, says...Facebook blocks news articles in Australia since it blasts proposed lawFacebook has blocked media reviews from its feed found in Australia, drawing a brand against a proposed law that would want it and Google to...Bitcoin exceeds $50,000 for the very first timeThe seemingly unstoppable rise of Bitcoin continued Tuesday with the price tag on a single unit of the digital currency rising above $50,000 for the...Warning: 5G mobile phones could interfere with aircraft signalsNew 5G mobile phone technology could hinder aircraft indicators and affect altitude instruments that are crucial for landing.Phones that utilize the technology should come to...