The United Arab Emirates (UAE) has been witnessing consecutive waves of changes to the various constituent sectors shaping its economy. As part of its vision for decades to come, the gulf state is looking to secure a futureproof resilient strategy by unlocking potential economic growth opportunities that will allow different sectors to change, progress, and […]
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China’s top financial policymaker rescued stock markets from a bloodbath this week with a promise of stability, but plenty of investors reckon mere words will not restore lasting calm in an economy beset with multiple large risks. Hong Kong markets, which have borne the brunt of the brutal selloff in Chinese stocks, rallied fiercely after […]
The United Arab Emirates (UAE) Artificial Intelligence Office and Dubai International Financial Center (DIFC) officially initiated its Artificial Intelligence (AI) and coding license to appeal to a global new wave of technology firms and coders. The license will give companies obtaining it the ability to work with the DIFC Innovation Hub, in addition to representing an estimate […]
Meta Properties chief executive officer (CEO) Mark Zuckerberg held on Wednesday a comprehensive presentation with the company’s Artificial Intelligence (AI) team to address its future endeavors in “Building the Metaverse with AI.” Presented on the company’s official Facebook page, Meta’s AI Lab proposition highlighted how “through the power of artificial intelligence, we will enable a […]
Russia warned on Wednesday it would begin imposing advertising bans on large foreign technology companies that do not have official representation in the country by March, as Moscow advances efforts to exert greater control over the internet. Russian legislation has obliged foreign social media giants with more than 500,000 daily users to open offices in […]
Asian stock markets were mixed Thursday after Wall Street hit a high and new daily U.S. coronavirus cases surged to a record. Tokyo and Seoul declined while Shanghai and Hong Kong advanced. Wall Street gained Wednesday for its 70th record high of 2021. Optimism was tempered by data showing new U.S. virus cases have risen […]
Google parent company Alphabet is folding one of its subsidiaries back into Google as the startup’s founder steps down to confront a neurological disease. Sidewalk Labs CEO Dan Doctoroff said Thursday he’s leaving the company focused on urban planning technology because he “very likely” has ALS, also known as Lou Gehrig’s disease. Sidewalk Labs was […]
The Pentagon intends to work better with private industry to develop high-tech systems and to strengthen relations with allies in the Indo-Pacific region in order to maintain a competitive edge over China, Defense Secretary Lloyd Austin said Saturday. Speaking at the Reagan National Defense Forum in California, Austin said recent military activity and aggressive moves […]
A computer-graphic-soaked advertisement featuring Australian actor and Hollywood heartthrob Chris Hemsworth beckons the world to Dubai’s upcoming Expo 2020, promising a “world of pure imagination” as children without facemasks race across a futuristic carnival scene. Reality, however, crashes into the frame in all capital-letters caption at the bottom of the screen, saying: “THIS COMMERCIAL WAS […]
The European Union announced plans Thursday to require the smartphone industry to adopt a uniform charging cord for mobile devices, a push that could eliminate the all-too-familiar experience of rummaging through a drawer full of tangled cables to find the right one. The European Commission, the bloc’s executive arm, proposed legislation that would mandate USB-C […]