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UAE startup Tabby secures $7m funding, partners with Apparel Group

The investment will support the company’s entry into Saudi Arabia and fund further growth in the UAE

​Abu Dhabi Investment Authority acquires stake in Peruvian power company

Abu Dhabi to invest $752m in Reliance Industries’ digital arm

The deal comes days after the emirate’s Mubadala Investment spent $1.2bn on a 1.85 per cent stake in Jio

Elon Musk rallies for ‘break up’ of Bezos’ Amazon

The call came after Amazon decided to ban a book about the effects of coronavirus from the platform

Emirates NBD and Visa commit to a 5-year partnership agreement

Visa has secured exclusivity over Emirates NBD’s debit card for personal, priority, private and business banking customers, and the debit card programme for Liv.

Video Conferencing Software Zoom

Zoom to add end-to-end encryption feature, unavailable to free users

The company says that it has done so to offer security officials the option to intercept calls if the service is being used for illegal purposes

Dubai Future Foundation M061 ventilator

Dubai Future Foundation unveils mechanical ventilator prototype

An interdisciplinary team of experts developed the M061 ventilator in eight weeks

Mubadala

Ambani’s Jio platforms sells $1.2bn stake to Mubadala

Facebook invested $5.7bn in Jio in April for a roughly 10 per cent stake

Google faces $5bn lawsuit on tracking Chrome users in ‘incognito mode’

The class action lawsuit demands damages of at least $5,000 for each person affected by Google Chrome’s privacy policy

Microsoft had a big presence at GITEX Technology Week last year

Gitex, Gitex Future Stars events rescheduled to December 2020

Gitex was originally slated for between September 27 to October 1 this year

Nearly 2,000 UAE-based merchants look to develop e-commerce – Network International

Network International’s Pay By Link platform helps small businesses make a transition to e-commerce

huawei american

Huawei invests billions to stockpile electronic chips for the next two years

It has reportedly invested about $23bn in purchasing chips to suffice for its production requirements for at least the next two years.

Video: How can regional companies ensure smooth workflows during remote working?

To optimise efficiencies when implementing remote working, organisations must adopt new technology solutions, says Mark Ackerman, senior director – Middle East and Africa at ServiceNow

Global smartphone sales down 20% y-on-y in Q1 2020

Nearly all the major phone manufacturers, except Xiaomi, recorded declining sales

aston-martin-dbs-superleggera-4

Aston Martin appoints SentinelOne as official cybersecurity partner

The cybersecurity firm’s endpoint protection platform will help secure the carmaker’s manufacturing, headquarters, supply chain, and field offices

LinkedIn Stories rolled out for members in the UAE

Members can share photos and videos of up to 20 seconds via their LinkedIn accounts

EMPG and OLX Group merge MENA and South Asia operations to form $1bn Dubai-based tech company

With this merger, OLX has become EMPG’s largest single shareholder with 39 per cent of shares

How can UAE wealth managers stay relevant in the current economic situation?

Wealth managers need to adopt sophisticated tools such as robo-advisors to stay relevant and offer the best service to their clients, says IT firm Comarch

Sheikh Mohammed

Sheikh Mohammed enacts new data protection law for Dubai International Financial Centre

The law will come into effect from July 1, 2020

Google Stadia Pro

Google to launch six free games on its Stadia platform in June

The cloud gaming service is attempting to attract a wider subscriber base by way of these free games

Why IT plays a big role in employee care in the time of Covid-19

In the Covid-19 era, automation application can support employees, track potential company-wide health issues and bolster business continuity

Listen in: OPPO Enco W31 launches in the Middle East

The company’s first-ever wireless headphones is now available in the region

Samsung Money

Samsung Money debit card readies for summer launch

Reward points can be exchanged for cash which will be deposited into the customer’s Samsung Money by SoFi account

Gamers Without Borders Saudi Arabia

Saudi’s Gamers Without Borders championship becomes world’s largest charity esports event

The ongoing esports fundraiser has already donated $6.5m to various global charities fighting the Covid-19 pandemic

Honor

Honor to begin using MediaTek processors in upcoming devices

Honor phones earlier relied on Huawei Kirin processors

DEWA and Huawei discuss collaboration on future projects for Dubai

The partnership includes a number of planned future projects around big data management and cybersecurity

Chinese tech giants may soon be expelled from the US stock market

A proposed new law will require companies listed on American stock exchanges to demonstrate that they are not owned or controlled by a foreign government

Millennials prefer robot bankers to humans – Nordic data

Banks are trying to find ways to accommodate growing investment demands from cash-rich clients

Covid-19: How data networks are supporting the new normal

The change in workplace dynamics of the Covid-19 world has not only strained digital networks but also provided an increased number of cybersecurity challenges

How Covid-19 has revamped the online grocery shopping space

The stay-at-home protocol activated across countries to combat the spread of the virus has proven to be a game changer for the online shopping sector

Twitter

Twitter tests new user interaction feature

The feature is currently being tested among a small group of Twitter users worldwide