Home Technology
First Abu Dhabi to carve out payments business

First Abu Dhabi Bank, the UAE's major lender, is to carve out its payments business...

Hub71 recruits 19 new start-ups as part of latest cohort

Abu Dhabi-based tech accelerator Hub71 selected 19 global start-ups - 30 % of which are...

Dubai Chamber launches programme to help local start-ups expand to new markets

Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, on Sunday announced...

Adia and Saudi Arabia's PIF invest $1bn in Ambani's Reliance Industries' fibre-optic unit

Abu Dhabi Investment Authority and Saudi Arabia’s Public Investment Fund invested 75.6 billion Indian rupees...

Generation Start-up: Carzaty rides on technology to disrupt the GCC's auto industry

The GCC’s automobile retail industry is definitely ripe for disruption. One player who's pioneering a...

Billionaires: Ant IPO can make Alibaba's reclusive co-founder $5bn richer

Lucy PengLucy Peng has been dubbed Alibaba Group Holding’s most influential woman.The co-founder of the...

Apple Q4 net profit drops as operating expenses climb

Apple reported a 7 % drop in its fourth-quarter profit as total operating expenses rose,...

Facebook enters the cloud gaming market

Social media company Facebook is entering the burgeoning cloud gaming market currently dominated by famous...

Google's Pixel and Nest products now made using recycled materials

Google said most of its new Pixel phone and Nest smart home products are now...

Jack Ma's Alibaba to get a fifth of Ant shares in mega IPO

Alibaba Group decided to subscribe to greater than a fifth of Ant Group’s imminent initial...

Bitcoin surges past $13,000 after PayPal allows cryptocurrency buying and selling

Bitcoin surged 8 % during overnight trading in NY to break past $13,000 for the...

Facebook develops multilingual translation tool powered by AI

Facebook said it developed the world's first multilingual machine translation tool that may translate between...

US justice department files biggest antitrust lawsuit against Google

The US Department of Justice and 11 other states filed an antitrust lawsuit against Google...

Japan to join forces with U.S., Europe in regulating Big Tech firms

Japan will get together with America and Europe to defend me against any market abuses...

China's Didi eyes 2021 Hong Kong IPO with more than $60bn valuation

China's top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public...

Why investors are actually trimming their contact with tech stocks

As a technology-driven rally brings US stock indexes within striking distance of fresh records, concerns...