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Binance

How Binance and FTX sent shockwaves through the crypto world

Binance Holdings is now set to acquire FTX.com in what would be a radical consolidation of power in the crypto world

Apple

Apple cuts outlook for iPhone shipments on China lockdowns

The company sees strong demand for the iPhone 14 models but the lockdowns mean customers will experience longer wait times to receive their new products

EX Sports and Gumball to host free supercar and street football event in Dubai

EX-Sports and Gumball to host supercar and street football event in Dubai

The one-day festival will be held on November 12 at Emaar Burj Park

Swftbox

SoftConstruct opens NFT stores in Dubai

The stores will supply limited edition offers and other merchandise by the artists in Dubai Mall and Mall of the Emirates

swftbox

UAE’s swftbox closes $2m fundraise to build AI-powered delivery platform

The Abu Dhabi-based Hub71 company will continue to scale its services across the region, working with e-commerce retailers and courier companies to enhance the delivery experience

Abu Dhabi Airports Groupe ADP sign MoU

Abu Dhabi Airports, Groupe ADP ink MoU to explore advanced air mobility solutions

The French company will be supporting Abu Dhabi Airports in laying the ground for electric vertical take-off and landing aircraft to transport people and cargo

Hub71

Hub71, Yahsat partner to advance UAE’s mobile satellite capabilities

Hub71 startup, Mental VR, secures first contract resulting from new partnership to support Yahsat with remote learning

cybersecurity

Insights: Bridging the gaps in cybersecurity with cyber resilience

Organisations must internally promote cyber resilience, a crucial component of cybersecurity today

Direct device to satellite Ali Al Hashemi is the CEO of UAE’s satellite solutions provider, Yahsat Group

How direct satellite-to-device connectivity can transform the satcom sector

Direct satellite-to-device technology opens the door for satellite services to go mainstream and leverage mass-market equipment production

FOO

FOO, Network International partner to enhance digital experiences in the Middle East and Africa

The collaboration will deliver a comprehensive digital wallet solution designed to boost customer-centricity

This is the memo Twitter sent telling staff offices were closed

Twitter rolls out new $8 subscriptions, promises half the ads

Twitter Blue is currently available only for users in the US, Canada, Australia, New Zealand and the UK

virtua

How Virtua is poised to take a giant leap into the metaverse

The company has continued working on its digital collectables and items while developing virtual environments

Crypto

Top 5 gadgets crypto aficionados must own

Check out the roundup of crypto gadgets and accessories you should buy

Twitter q2 earnings - e1662094593581

Twitter sued for mass layoffs by Musk without enough notice

A class-action lawsuit was filed Thursday in San Francisco federal court

nfts

NFTs are here to stay: Here are the top 3 use cases

NFTs are here to stay and its cutting-edge technology could change our lives and solve some of the biggest problems

Musk commences Twitter job cuts as advertisers hit pause

Musk commences Twitter job cuts as advertisers hit pause

Billionaire Elon Musk plans to eliminate half of Twitter’s workforce, making good on plans to slash costs at the social media platform

Phygital fashion

Here’s what we can expect from phygital fashion

Brands are embracing phygital fashion to bring added value and create a better retail experience for customers

metaverse

Here’s how artificial intelligence can enhance the metaverse

The correct use of AI and its adoption is pivotal to maintaining the best practice and stepping into the future with metaverse

Yousef Al Nowais, of ARDECO, Dr. Saleh Al Hashmi, of ADNOC, Ahmed Khashan, of Schneider Electric

Schneider Electric, ARDECO to manufacture power and energy tech solutions in the UAE

The partnership will play an important role in upskilling the UAE’s technical workforce, as well as driving the development of the engineering and manufacturing knowledge pool

Moiat launches 13 Tech Transformation Program projects / photo: Getty Images

UAE’s MoIAT announces 13 projects under Technology Transformation Program

Businesses in the UAE can apply through MoIAT to participate in and benefit from the projects

Ralf Glabischnig Crypto Oasis

Crypto Oasis to boost blockchain development in the region

Crypto Oasis identified over 1,450 established organisations across the UAE with more than 7,000 people working in it

WhatsApp can officially hide online status, announces rollout of Communities

WhatsApp allows users to hide ‘online status’, announces new ‘Communities’ feature

Users can choose to hide their last seen online status from all contacts, unknown numbers or specific contacts

Riyadh to host global fintech experts, aims to become truly digital

Riyadh to host World Fintech Show, aims to spur financial innovation

The event aims to connect global fintech innovators with enterprises, investors, policymakers, government authorities and collaborators

Saqr Ereiqat, Crypto Oasis

Interview: Saqr Ereiqat, co-founder at Crypto Oasis

How ready is the Middle East region to adopt blockchain and Web3? Ereiqat explains…

Web3

Web3: Transforming the Middle East business landscape

The ability for blockchain to be adopted at a national level is a huge opportunity for it to step into the spotlight as the rightful pioneer in the Web3 space

Mars

Everdome’s metaverse rocket launch to Mars announced

Everdome’s city on Mars is placed in Jezero Crater, a location chosen by NASA for its contemporary space missions

Awards

Winners revealed: GB Tech Awards 2022

The awards attracted the top technology brands highlighting strong vision, creative projects, dynamic leadership and solid regional presence

Adnoc

ADNOC, Siemens Energy to co-develop blockchain-based low-CO2 energy certificates

Other areas under joint development include electrification and Power-to-X technologies to produce green hydrogen and its derivatives

Metaverse

Why is the world moving towards the metaverse?

Studies have shown that the metaverse creates a higher level of understanding, faster learning and deeper personal relations

Saudi’s KHC, Prince Alwaleed’s private office are Twitter’s second largest investor after Elon Musk

Elon Musk has also said that Twitter’s verification process is ‘being revamped right now’