EFG Hermes ONE rebrands, unveils new trading platform

EFG Hermes ONE rebrands, unveils new trading platform

Currently available in Egypt and Kuwait, and soon to be launched in the UAE, EFG Hermes ONE grants users access to 35 global markets through OLT

Google

Google has an illegal monopoly on search, US judge finds

Google paid $26.3bn in 2021 to maintain search engine dominance, the judge noted

Instagram

Instagram blocked: Turkey’s response to Meta’s ‘censorship’?

There are more than 50 million Instagram users in the country

Moody’s upgrades Turkey’s ratings to B1 on tight monetary policy

Turkey announces $30bn incentives package for high tech areas

President Erdogan said that Ankara would unveil an incentive packages for high tech areas totalling $30bn

LSEG

LSEG platform suffers widespread downtime, trading hit

During Asian trading hours, LSEG said its news services were experiencing a global technical issue that prevented news from being published on its platform

Kuwait - jet fuel

Airports, flights hit by global Microsoft outage

The Germany capital city airport’s halt in operations comes as carriers, media companies, banks and telecoms firms around the world report system outages

Microsoft

Microsoft global outage: Major banks, airlines and media impacted

Microsoft attributed the error to a recent update from CrowdStrike

Google - browsers

EU’s new tech laws are working as small browsers gain market share

Browser companies criticised how Apple and Google rolled out the new features which they described as slow and clunky

home mortgage offers - Huspy, Holo

Huspy versus Holo: Mortgage offers under 4% for homebuyers

Driven by technology, various platforms are offering an interface that is secure and transparent, along with financing options from multiple lenders

Google - Big Tech

Why is the EU probing Big Tech under the Digital Markets Act?

The law requires platforms to gain explicit consent from users when they intend to combine a person’s data across different sources, such as Meta’s Facebook and Instagram

Apple shelves electric car plans after decadelong odyssey

Apple sued by US government for ‘monopolising’ smartphone markets

Apple has long argued that it restricts access to some user data and some of the iPhone’s hardware by third-party developers for privacy reasons

What consumers want from their apps insights by James Harvey of Cisco GettyImages-1274394138

Insights: Here’s what consumers want from their apps today

Individuals are becoming far more sophisticated and discerning in their use of applications, and completely unforgiving when they encounter bad digital experiences

TikTok

US could ban TikTok within weeks

The app is popular and getting legislation approved by both the House and Senate in an election year may be difficult

Instagram , Facebook - META -AI

Facebook, Instagram down for thousands in the UAE

The tracker’s UAE website showed over three thousand reports for Instagram and over six thousand reports for Facebook

Huawei at MWC 2024

Huawei looks to entrench wearable dominance at MWC 2024

Huawei’s showcase at MWC 2024 is a glimpse into the tech giant’s capabilities in delivering high-end, fashion-forward, technology-driven products

Careem Networks FZ Ride Hailing Operations.

Careem’s 2023 numbers: From a $20,420 food order to 1.1m burgers

Super app, Careem, has released its latest highlights and numbers for the year 2023

Sam Altman of OpenAI search

OpenAI in talks to raise new funding at $100bn valuation

The terms, valuation and timing of the funding round have not yet been finalised and could still change

Executive

UAE consumers worried about application failure during holiday season: Report

From staying connected with loved ones, to managing finances, consumers will heavily rely on diverse applications during their celebrations

Google - Big Tech

Google’s court loss to Epic Games may cost billions

Epic Games will now have a chance to submit a court filing on how it wants Google’s Play Store to be fixed

Google - browsers

UAE consumers among the most demanding globally for seamless app experiences

Key findings from the research indicate a significant shift in consumer behavior and expectations

UAE PASS

MoIAT introduces mandatory use of UAE Pass to streamline services

The new digital national identity system helps improve the business ecosystem and facilitates access to government services

Google Lens and Bard

Google Lens is coming to Bard in Arabic

Bard is now making its existing English language features available to more than 40 new languages while launching new capabilities

Elon Musk - xAI - Grok

Elon Musk says X will offer video and audio calls

The announcement came after the platform updated its privacy policy to include the collection of biometric data

Tabby Shop

Tabby Shop: Digital shopping assistant now available in UAE, Saudi

The shopping tool makes navigating of products easy, enabling shoppers to sort and filter by colour, brand, price and materials

Messenger Lite

Messenger Lite for Android to shutdown in September

The app has been removed from Google Play Store for new users and will no longer be available for existing users after September 18

WhatsApp

New WhatsApp feature: Zuckerberg reveals update

The update will be available worldwide in the upcoming weeks

Zoom

Zoom outlook: Profit, sales projections raised, shares surge

Revenue for the year ending in January 2024 will be as much as $4.5bn

Threads desktop version

Threads desktop version may be launching soon

It is reported that the update could come as soon as this week

ADX and tawasul tieup to provide users realtime stock market updates on the superapp GettyImages-687689274

Abu Dhabi’s ADX, Tawasal SuperApp to offer real-time stock market updates

Tawasal is a secure multi-purpose messenger and super app, which offers free calls, chats, video conferencing and lifestyle services

WhatsApp image share

How to send high-definition images on WhatsApp?

The HD image share feature will be rolled out to users worldwide over the next few weeks