Home Industry Technology

Technology

Bitcoin crashes spectacularly after hitting multi-year high of $12,000

More than $1bn in positions liquidated as bitcoin crashes by $1.4k in minutes

Microsoft, TikTok deal on hold as Donald Trump mulls US ban

US alleges ByteDance could turn over Americans’ user data to the government in China

Saudi Aramco loses status as most valuable publicly listed company to Apple as Amazon closes in

Amazon riding an e-commerce and cloud computing wave as people shelter-in-place due to Covid-19

Arrests made in Twitter hacking case, 17-year-old Florida native alleged ringleader

Tampa teenager, two others, targeted accounts of high-profile individuals in a bitcoin scam

New space technology centre to be set up in Abu Dhabi

One of its main objectives will be to build capabilities and create a technical space hub in the UAE

Etisalat’s eWallet expands into utility bill payments

eWallet is offering a Dhs5 cashback for eligible transactions of Dhs50

Garmin restores some services, a week after a ransomware attack

Garmin has obtained the decryption key to recover its computer files

Mastercard taps Microsoft Azure to boost R&D in ecommerce, fintech

Azure to serve as native cloud infrastructure for Mastercard Labs’ R&D efforts

Emirates Hospitals Group selects Okadoc to digitise call centre, roll out telehealth platform

Okadoc’s platform is expected to reduce no shows and increase Emirates Hospital Group’s revenues

Huawei - Sanjay Sainani copy

Planning for the data centres of tomorrow in the Middle East

Ensuring data centers are fully prepared to meet the future demand is a critical endeavour to support the new digital economy

Google to use authenticated logos to reduce phishing attacks

Scammers hijack the logos of popular brands to trick people to click on malicious links or share personal details

Gonzalo Usandizaga

Why businesses within the Middle East need to guard against a “new normal” wave of cyberattacks

While cybersecurity systems in place may have been enough before the pandemic, companies need to reassess their frameworks in light of this increased stress to ensure business continuity

Shailesh Dash main

Phi Trends: The business implications of 5G

Investors must keep a lookout for stocks with game-changing potential, which inevitably will tap into 5G and enable future growth prospects, opines entrepreneur and investor Shailesh Dash

Smart Dubai partners with Dubai Health Authority to upgrade inventory app

The smart inventory app seeks to manage the stock of medicines in Dubai to prevent any shortages

xiaomi-mi-reader

Xiaomi prepares to launch new e-book reader to compete with Amazon Kindle

Xiaomi has previously launched the iReader T6 and MiReader in China

Bee'ah Solar Farm Sharjah

Bee’ah to launch Middle East’s first solar energy landfill project in Sharjah

The project will be able to generate more than 42 megawatts of energy per year

Dubai online retailer Noon to launch a ‘fair’ food delivery platform

Alabbar says the F&B sector has been held ransom by food aggregator platforms

Intel to delay shipping its next-generation chips until 2022

Outsourcing manufacturing would mark a major shift in Intel’s business model

NVIDIA ARM

NVIDIA touted to take over chip manufacturing giant ARM – reports

SoftBank had acquired ARM in 2016 in a deal worth $32bn

Huawei launches mid-range Nova series 5G phone in the UAE, price revealed

The smartphone comes with AppGallery, Huawei’s official app marketplace

DIFC

China strengthens fintech cooperation with Dubai through new agreement with DIFC

Jiaozi Fintech Dreamworks and DIFC will collaborate on key sectors such as blockchain, artificial intelligence, big data and cloud computing

Global Exclusive: How tech event LEAP aims to transform Saudi’s ICT landscape

Saudi Arabia is transforming its technology landscape, aiming to become the regional hub for innovation and building an ecosystem where the tools of tomorrow are conceptualised and created. Powering that ambition is LEAP, a new mega tech event set to have a ‘seismic’ impact on the global stage

Update: Garmin yet to recover after ransomware attack

Ransomware attacks are increasing in their frequency and intensity

UAE Hope Probe

UAE’s launch kicks off a trio of Mars missions as planet draws close

The UAE launched its mission on Sunday, with the US and China to follow later this month and next

Fetchr raises $15m for Saudi Arabia expansion

Pledges could increase to as much as $25m

Smart city projects receive public stamp of approval

Majority of citizens of global cities support facial recognition to fight crime

Twitter says direct messages of 36 people were accessed in last week’s hack

Hackers last week hijacked accounts belonging to several high-profile figures

Dubai-based 3D printing start-up Immensa to expand to Saudi Arabia, US

Amid Covid-19 pandemic, Immensa remobilised to produce more than 20,000 3D printed face shields per week

Tata Communications granted local ISP, telecom licence in Saudi

Licence allows change of status from a foreign carrier to local licenced service provider

Dubai’s GoFood app launches grocery delivery service

GoFood Grocery service requires a minimum order worth Dhs100