Search results for "tech hub "

UAE Launches ‘Big Data for Sustainable Development’ UN Platform

The United Arab Emirates (UAE) Government launched its United Nations (UN) platform, “Big Data for Sustainable Development,” in an initiative directed at fulfilling the requirements for the Middle East and North Africa (MENA) region. The declaration came throughout the “Mobilizing Big Data Science for the Sustainable Development Goals” forum, which was kicked off on January […]

NEOM: The Manifestation of Saudi Arabia’s Futuristic Metropolis

Deemed the jeweled project of the Kingdom of Saudi Arabia, NEOM, the crown’s $500 billion futuristic metropolis is attracting attention from the Kingdom and globally, bringing 10,000 steps forwards towards molding a city to incorporate human civilizations and modernization. Famous for its oil-based economy, with primal revenue dependence on natural resources, the KSA is making […]

Apple’s Future Metaverse Ventures Bring Solace to Shareholders

Apple Inc is joining the race of pursuing its ambitions in what could be the next big thing, the metaverse, reaping the benefits of the hype emulating from the digital alternate reality. According to investors and analysts, the iOS developer is marking its presence in the next monumental project for tech giants. Apple has been […]

Bitcoin could hit its fourth ‘Death Cross’ with a fated fall

The godfather of all cryptocurrencies is starting the new year with a significant tumble potentially hitting a death cross, as Bitcoin fell by almost six percent, hitting below $40,000 for the first time since 2012, according to Bloomberg.  Bitcoin hit its all-time low on New York trading, delivering a loss of approximately 14 percent. The asset’s value plunged […]

NASA’s Webb Telescope, the most powerful space telescope to date

After 31 breathtaking years of space exploration with the Hubble Telescope, a new sheriff is in orbit. NASA’s latest addition to its space tech arsenal and the successor to its previous flagship product, James Webb Space Telescope, is over 100 times more potent than its predecessor. The James Webb Space Telescope let’s call JWST, or […]

AstraZeneca booster shot is effective against Omicron variant

A study from an Oxford University lab published on Thursday revealed that a three-dose course of AstraZeneca booster shot is efficient in controlling the fast spread of the Omicron variant. The Pharmaceutical company said in its statement that the results – while they have yet to be released in a peer-reviewed medical journal – are […]

India unveils $10.2B plan to attract semiconductor makers

India on Wednesday announced a $10.2 billion plan to try to attract global chipmakers to set up shop in the country and transform it into a production hub of semiconductors. The plan unveiled by Information Technology and Telecom Minister Ashwini Vaishnaw comes amid a severe shortage of semiconductors caused by the COVID-19 pandemic, which has […]

Zuckerberg, Chan to invest up to $3.4B for science advances

The company that runs the philanthropy of Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, is investing up to $3.4 billion to advance human health over 10 to 15 years, according to a spokesperson for the organization. The Chan Zuckerberg Initiative, or CZI, announced Tuesday its new effort is aiming to “observe, measure, and […]

Alibaba appoints new CFO, reshuffles e-commerce businesses

China’s largest e-commerce group Alibaba said Monday it is appointing a new chief financial officer and reorganizing its e-commerce businesses amid a regulatory crackdown in the technology industry. The company said in a statement Monday that Toby Xu will succeed Maggie Wu as its new CFO from April 1, 2022. Xu joined Alibaba from PricewaterhouseCoopers […]

Omicron and delta spell return of unpopular restrictions

Greeks over 60 who refuse coronavirus vaccinations could be hit with monthly fines of more than one-quarter of their minimum pensions — a get-tough policy that the country’s politicians say will cost votes but save lives. Weekly protests in the Netherlands over the country’s 5 p.m. lockdown and other new restrictions have descended into violence, […]