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Bitcoin

Bitcoin extends recent bout of volatility in climb back toward $30,000

The largest token rose as much as 3.7 per cent on Thursday

Samsung

Samsung posts record chip losses

Korea’s largest company reported net income of KWR1.4tn and its semiconductor division posted a loss of KWR4.58tn

Amazon

Amazon starts round of layoffs in AWS cloud services division

The company is axing 27,000 mostly corporate positions after a hiring spree during the pandemic left the company with too many people

Cloud-based

Cloud-based innovation sparks technology revolution in the MENA region

Cloud-based innovation is enabling organisations to create new products and services, enter new markets, and compete on a global scale

Added Wio bank photo courtesy WAM

Wio Bank, Abu Dhabi Department of Economic Development partner to supports SMEs

This partnership will help fast-track the account opening process for SMEs and deliver seamless banking services through the Wio Business app

Gem Digital

Gem Digital Limited increases investment commitment with Everdome

The investment will be focused on actions which move Everdome from a conceptual, visionary project into its new phase of delivery and expansion

Wemade

Saudi Arabia partners with South Korea’s Wemade to enhance gaming and blockchain sector

The partnership will focus on various initiatives such as training programmes, educational content, game localisation and sponsorship of regional events

TTEK

AD Ports’ Maqta Gateway acquires border control solutions platform TTEK

The total purchase consideration for the acquisition of 100 per cent ownership amounts to $26.7m with an upfront payment of $17.1m

Veritas

Veritas recommends two essential steps to safeguard enterprises against cyberthreats

Companies relying more on native security tools are hit harder by ransomware than organisations that rely less on native security tools, and more on purpose built solutions

Sandsoft

A look at how Sandsoft explores novel technology to engage consumers

Video games is a unique industry which blends art and science, humanities and technology, intuition and data

NFT-based games

The future of NFT-based games

These games have the potential to boost the economy and affect the gaming industry in significant ways

Sustainable Energy

Here are some ways to reduce carbon emissions with sustainable energy

Adopting energy-efficient strategies that reduce the demand and greening the current energy supply is key, says Pierre Cheyron

gender divide

Balancing the digital gender divide is critical to achieving economic equality

There is a persisting gender gap in the technology and innovation sectors across many countries, as women and girls are continuously underrepresented in STEM

Bitcoin

Bitcoin trading signal hints at an upcoming leap back above $30,000

Bitcoin dropped about 1 per cent to $28,860 as of 10:42am on Thursday in Singapore

quiet quitters

Watch out for those quiet quitters

A welcoming and nurturing atmosphere creates a productive, committed team

Data Analytics

How digital assets are revolutionising financial data analytics

Data analysis can reveal interesting trends that the average investor is unlikely to spot and interpret

VADR Media

VADR Media acquires Szuperchess for Checkmate.live platform

The acquisition comes in tandem with Checkmate.live’s recent partnership with Tencent Cloud, paving the way for a new era of fair play in the online gaming world

Bitcoin

Bitcoin drops about 4%, slips below $30,000 amid crypto selloff

The largest token fell as much as 4.5 per cent on Wednesday

Meta

Meta prepares more layoffs across Facebook, WhatsApp, Instagram

The move is part of a cost-cutting push that will eventually whittle away 10,000 positions at the company

Bybit

Crypto exchange Bybit opens global headquarters in Dubai

The company also revealed future plans to elevate its global presence with a stronger foothold in the region

Token

Bitcoin stalls near $30,000 after the token’s biggest drop in over a month

The digital currency has jumped 78 per cent this year

Elon Musk

Elon Musk wants to build own ChatGPT AI

The Tesla chief and owner of Twitter confirmed he intends to get involved in the AI race sparked by OpenAI’s intelligent chatbot

Crypto

Insights: Crypto silver linings to build up in 2023

Focusing on engaging with regulators and policymakers to ensure secure and sustainable growth of the crypto ecosystem is key

Dubai and Cruise Chevy Bolt

Dubai issues law regulating autonomous vehicles

The city aims to deploy 4,000 autonomous vehicles by 2030 and the rollout is expected to alleviate traffic congestion and cut harmful emissions

digital economy

From an idea to impact: Igniting innovation to thrive in today’s digital economy

What businesses must do to cultivate an innovative mindset as we move into the digital economy

carbon

Insights: AI is booming – so is its carbon footprint

AI uses more energy than other forms of computing, and training a single model can gobble up more electricity than 100 US homes use in an entire year

Content

Here’s how the metaverse is empowering content creators

The metaverse isn’t just a new way of socialising and creating content

Karm Legal

Karm Legal’s Kokila Alagh on advancements in virtual assets regulation

VARA has come out with detailed regulations and rulebooks for the virtual assets sector, indicating just how fast things are moving

loyalty programmes

Will AI define the loyalty programmes of the future?

Brands that want to retain or win back customer loyalty must deliver meaningful offers and experiences at the right time and place

Imenchal

Logitech’s Loubna Imenchal on tech redefining the employee experience in a hybrid world

Companies are looking at ways to optimise collaboration, communication and productivity, ensuring that employees have the flexibility to work in a way that best suits them