Shares in Facebook owner Meta fell 20 percent in U.S. premarket trade on Thursday after the social media giant issued a dismal forecast, blaming Apple’s privacy changes and increased competition. The shock drop, which comes before Amazon earnings later in the day, spilled over to Europe where technology led sectoral fallers with a decline of […]
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Non-Fungible Tokens (NFT) fame has immensely grown amongst tech enthusiasts, traders, creators, and criminals, with money laundering activities concerning NFTs reaching new heights as it grows daily, Chainalysis report finds. In its report released on Wednesday, Chainalysis reported that a modest yet growing amount of money laundering activity had been associated with the buying and […]
Self-driving vehicle companies from Tesla Inc to General Motors Co’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for robot-driven vehicles. On Tuesday, Cruise said that SoftBank Group Corp will invest another $1.35 billion in anticipation of Cruise launching commercial robo-taxi […]
Cloud services to lower TCO by over 40 percent over five years Abu Dhabi, 31 January 2022: Etisalat Digital has announced that Transguard Group, the UAE’s leading business support and outsourcing provider, has selected Oracle Cloud Infrastructure (OCI) to migrate their on-premises solutions. This will lower the total cost of ownership (TCO) while giving Transguard the […]
What exactly is Web 3.0, what will change with its advent, and how will the world look integrated with the 3rd generation of the internet? These are tough questions to answer. Web 3 is, in the simplest words, a blockchain-based internet. A decentralized, permissionless, censorship-resistant; these are the fundamental tenets of Web 3. The more […]
You can be forgiven for thinking that Web3 or Web 3.0 is just another trendy buzzword that lets tech companies sell you the same product slightly upgraded under a cool new façade. For one thing, there is no official definition for Web 3, just a collection of parameters that classifies its general qualities, functions, and […]
It is, by definition, a decentralized ledger. Every record written and every action and transaction occurring on the blockchain is secured by a unique cryptographic key that is meant to be unhackable. Every time a new block on the chain is formed. This means that every action on the blockchain is dependent on the two […]
The benefits and uses of mobile device management software According to the Government’s Cyber Security Breaches Survey 2021, 39 percent of UK businesses experienced a cybersecurity attack last year. For business owners, this statistic is worrying — risking reputation, integrity, and ultimately commercial success. As we move towards an increasingly technology-centric working world, what should […]
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 […]
China’s Contemporary Amperex Technology Co Ltd on Tuesday launched a battery swap service for electric vehicles (EV) called EVOGO, which it said would allow drivers to change car batteries in one minute. The battery maker will set up swap stations in ten cities around China and users will be able to access the service via […]