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Microsoft Invests $1.5 Billion in Abu Dhabi’s G42 Image supplied

Microsoft invests $1.5bn in UAE’s G42 to power AI adoption

Both companies will support the establishment of a $1bn fund for developers to help drive innovation and competitiveness in the UAE and the broader region

'AI can serve the greater good', says Amazon CTO Dr Werner Vogels Image Supplied

‘AI can serve the greater good’, says Amazon CTO Dr Werner Vogels

Dr Vogels shares his optimism on how AI can be empowered to uplift economies, businesses and communities

Siobhan Bryon of Finastra on the rise of digital and personalised services in the regional banking sector Image Supplied

Digital, personalised services are impacting regional banking

AI can support more seamless experiences with BaaS and embedded finance, such as faster and more accurate credit decisions and fraud detection

Apple

Apple loses top phonemaker spot to Samsung as iPhone shipments drop

The drop underscores the challenges facing the US firm in China, its third biggest market

Bitcoin drops 7.9% to $61,842

Bitcoin drops 7.9% to $61,842

The world’s biggest and best-known cryptocurrency is down 16.2 per cent from the year’s high of $73,794 on March 14

How drones and AI are transforming law enforcement interview with Russell Hammad of Zenith Technologies

How drones and AI are transforming law enforcement

Zenith Technologies CEO and founder Russell Hammad shares how drones and AI are helping law enforcement agencies improve operational efficiency

Insights: The future of cloud adoption in the Middle East

Insights: The future of cloud adoption in the Middle East

Cloud adoption in the Middle East is significantly transforming the digital landscape – but what does the road ahead look like?

Crypto crime value drops in 2023

Crypto crime value dropped significantly in 2023, shows Chainalysis report

Nicola Buonanno, VP Southern EMEA, Chainalysis shares key developments in the threat landscape based on the findings of the company’s 2024 Crypto Crime Report

Picture perfect: vivo’s V30 Portrait Master Phone aims to impress

The phonemaker’s new Portrait Master Phone device presents new features that include an improved camera and processor

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

Instagram , Facebook - META -AI

Meta to start labelling all AI-generated content on Facebook, Instagram

The new labeling approach would apply to content posted on Meta’s Facebook, Instagram and Threads services

Elon Musk tesla robotaxi

Tesla’s bet on robotaxis is a long way from paying off: Insight

Some Tesla investors and analysts said valuing a robotaxi business for Tesla is much more difficult than a low-cost car

samsung

Samsung reports 900% rise in Q1 2024 profit as chip prices recover

The better performance came as its chip division, is expected to report its first quarterly profit in five quarters, as memory chip prices bounce back from a deep trough

BlackBerry cyber

BlackBerry reports profit on demand for cybersecurity services

BlackBerry expects first-quarter revenue in the range of $130m to $138m, below analysts’ estimate of $151.12m.

Easylease acquires 60 per cent of United trans

IHC’s EasyLease acquires 60% stake in United Trans, expands interest in mobility sector

By combining their expertise, EasyLease and United Trans aim to deliver a wider range of enhanced mobility solutions to customers across the GCC and MENA regions

How HONOR is honouring its commitment to innovation

HONOR’s CMO shines the spotlight on the firm’s commitment to innovation

RAY Guo says that by providing a wide range of options, from budget-friendly devices to flagship models, the smart device provider is catering to various market demands

HUALIEN, TAIWAN - APRIL 04: An area of a damaged building is cordoned off following the earthquake on April 04, 2024 in Hualien, Taiwan. A 7.5 magnitude earthquake hit eastern Taiwan on Wednesday, triggering a tsunami warning for the coastline in Taiwan, the Philippines and Japan. (Photo by Annabelle Chih/Getty Images)

Nvidia says it expects no impact to chip supply from Taiwan earthquake

Taiwan weather officials ranked Wednesday’s quake in Hualien as “Upper 6”, or the second-highest level of intensity on a scale ranging from 1 to 7

Fortinet - cybersecurity

Fortinet’s focus on cybersecurity and sustainability 

Fortinet’s Alain Sanchez discusses cybersecurity trends, GCC initiatives, and sustainability efforts in an exclusive interview with Gulf Business

Microsoft

Microsoft to separate Teams and Office globally amid antitrust scrutiny

The European Commission has been investigating Microsoft’s tying of Office and Teams since a 2020 complaint by Salesforce-owned competing workspace messaging app Slack

Xiaomi SU7-scaled

Xiaomi’s EV buyers face up to seven-month wait for the SU7

Xiaomi built a Beijing factory capable of producing 200,000 cars annually before it had regulatory approval to start manufacturing in China

Huawei

Huawei continues rebound with strongest earnings growth since 2019

While the company’s core ICT infrastructure business remained stable, its cloud business grew by more than a fifth, generating revenue of CNY55.3bn

FTX founder Sam Bankman-Fried

FTX’s Sam Bankman-Fried sentenced to 25 years for multi-billion dollar fraud

The judge called Bankman-Fried’s efforts to present himself as a “good guy” an act, adding, “The goal was power and influence”

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

smart umbrella service introduced by RTA Image RTA

Dubai debuts free ‘smart umbrella’ service, here’s how it works

This initiative aims to offer residents and visitors a convenient and sustainable way to comfortably explore the city irrespective of the prevailing weather conditions

UN adopts first resolution on artificial intelligence

UN adopts first global artificial intelligence resolution

The nonbinding resolution, proposed by the US and co-sponsored by China and over 120 other nations, advocates the strengthening of privacy policies

Anghami

Saudi’s MBC acquires 14% stake in Spotify rival Anghami

A filing from the SEC indicates that MBC Group, through its MBC Ventures arm, has purchased 4,074,533 ordinary shares in Anghami

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

Mustafa_Suleyman - Microsoft AI

Meet Mustafa Suleyman, Microsoft AI’s new CEO

Suleyman will bring under one roof Microsoft’s consumer AI efforts such as its Copilot chatbot and the new Bing browser that uses the technology

Nvidia signs agreements with Oracle and Crowdstrike GettyImages-1258367162

Oracle, NVIDIA join forces to deliver sovereign AI solutions

This move underscores the companies’ commitment to pushing the boundaries of AI technology and empowering customers worldwide to unlock the full potential of artificial intelligence