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Novi, Facebook digital wallet sirens regulatory warning

Facebook launched on Tuesday its own digital wallet Novi to support decentralized currencies in collaboration with Coinbase and was faced with an urge from U.S. senators and lawmakers to cease the wallet’s pilot release, effective immediately.  One notion Facebook’s six-hour outage proved to us: the magnitude of our reliance on just one company. Facebook made […]

Energy crunch hits global recovery as winter approaches

Power shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can’t find fertilizer, made using natural gas. And fears are rising that Europe will have to ration electricity if it’s a cold winter. The world is […]

As Bitcoin goes mainstream, Wall Street looks to cash in

Love cryptocurrencies or hate the very idea of them, they’re becoming more mainstream by the day. Cryptocurrencies have surged so much that their total value has reached nearly $2.5 trillion, rivaling the world’s most valuable company, Apple, and have amassed more than 200 million users. At that size, it’s simply too big for the financial […]

Huawei's 5G digitization of oil and gas

This year, Chinese telecom giant Huawei took a different approach to incorporate our lives with technology.In GITEX’s innovative spectacle, Huawei dived into digital practices around cloud, AI, and 5G. The electronics business demonstrated how sophisticated technology revolutionizes and reshapes digital transformation across various sectors.With its 5G network, Huawei exhibited to visitors the role the fifth […]

Toshiba elevates data storage solutions

Toshiba showcased a complete sketch of its data storage solutions for interested parties at Gitex 2021.During the festival, the company’s focus was directed at the Middle East and North Africa (MENA) to reach out and grow in numerous fields, specifically cybersecurity storage regarding surveillance and gaming storage, and much more.GITEX’s tech enthusiasts witnessed a bundle […]

Etisalat demonstrates smart retail powered by 5G, IoT, and AI

Etisalat is showing the retail spaces of tomorrow at GITEX Global 2021, with futuristic solutions that will transform the brick-and-mortar experience, setting the pace for digital retail and enabling a digital experience for consumers.With 5G connectivity, digitization has become a reality. During this year’s edition, the demonstrations will help visitors witness the evolution of retail […]

GameStop mania severely tested market system, regulator says

The U.S. stock market certainly shook when hundreds of thousands of regular people suddenly piled into GameStop early this year, driving its price to heights that shocked professional investors. But it didn’t break. That’s one of the takeaways from a report by the Securities and Exchange Commission’s staff released Monday about January’s “meme-stock” mania. As […]

Facebook plans to hire 10,000 in Europe to build 'metaverse'

Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people’s online lives. The company said in a blog post Sunday […]

TAMM unites government services on all digital fronts

TAMM, the governmental service provider, also inked its digital mark during the festival. The service provider is currently directing its focus at providing all governmental agencies, alongside residents and visitors of the UAE, with a multitude of centralized services, such as mobile application, a portal, and a physical center for its whole customer base to […]

Monty Mobile sheds light on the wonders of Telecom

Monty Mobile was also present during Gitex 2021, with its booth’s telecom experts welcoming intrigued individuals to discuss the company’s latest innovations, in addition to future plans.Monty Mobile delivers a range of services such as SMS, roaming, data analytics, and so much more to help users discover an array of ways the telecom sector can […]