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Meta

Meta to form AI product team to keep up with chatbot competition

The company is trying to use the technology with text-like chats in Meta’s messaging apps WhatsApp and Messenger

Saudi Arabia's PIF backs emkan capital

Saudi wealth fund unit backs Emkan Capital’s technology fund

Emkan Capital’s technology fund will invest in pre-seed and seed-stage companies with high-growth potential

Google Android

Google announces 9 new features on Android and Wear OS

The announcement was made at Mobile World Congress which kicked off in Barcelona, Spain yesterday

Chatbot My AI

Snap debuts ‘My AI’ chatbot powered by OpenAI’s GPT technology

The chatbot is available only to Snapchat Plus members, who pay $3.99 a month to subscribe

Ras Al Khaimah to launch Digital Assets Oasis

Ras Al Khaimah to open world’s first free zone for digital and virtual asset companies

RAK Digital Assets Oasis will open for applications in Q2 2023

Twitter job cut

Twitter cuts more engineering, product jobs to curb costs

Some employees learned they were laid off via an email, and others tweeted that they learned they were terminated when they could no longer log into the internal system

Sheikh Hamdan announces first phase of Emirati initiative Image_WAM

Sheikh Hamdan launches first phase of ‘Emirati’ initiative

The first phase of the initiative will see 22 new services added to the current 131 services available on the platform

Crypto lenders

Crypto lenders morph into miners

With the recent surge in loan defaults and plunge in cryptocurrencies, the value of new generation machines has dropped 85 per cent

2023 Tech trends

What’s in store for the tech industry in 2023?

Let’s explore the tech trends on the radar

DMCC

DMCC, TDeFi to support Web3, blockchain firms

The accelerator programme will offer mentorship and sessions on a range of topics related to crypto and scaling a business

Netflix

Netflix lowers price of plans by up to 50% in over 100 countries

Netflix is lowering prices in countries that account for a small percentage of its subscriber base

UAE's Yahsat, Bayanat partner to develop in-country space programme

UAE’s Yahsat, Bayanat partner to develop in-country space programme

The partnership aims to build and operate strategic earth observation capabilities within the UAE

AI in retail

Is ChatGPT worth the hype?

ChatGPT is a good tool for businesses and here are some ways they can use it to their benefit

One Medical

Amazon has completed $3.49bn deal for One Medical

One Medical operates more than 200 medical offices in 26 markets in the US

Web3 Delight

Saudi Arabia to host Web3 Delight in March

The event will take place on March 6 at Riyadh International Convention and Exhibition Center

SAWA Group and AD Gaming sign agreement photo courtesy AD Gaming twitter

AD Gaming, SAWA Group to develop Abu Dhabi’s gaming ecosystem

AD Gaming and SAWA group will help facilitate the international expansion of Chinese gaming and esports companies via Abu Dhabi

Acer Chromebook

Acer Chromebook Vero debuts for education market

The brand has also introduced three new laptops for education with durability features ideal for school K-12 environments

snapchat users

Snapchat is adding more users, topping 750 million a month

For the year through April 2022, the monthly count rose 20 per cent

Nintendo

Saudi Arabia becomes largest outside shareholder of Nintendo

The Public Investment Fund owns 8.3 per cent of the Kyoto-based company, according to its latest filing

Meta sells Giphy to Shutterstock.

Meta launches subscription service for Facebook, Instagram

Meta is testing the subscription product first in Australia and New Zealand, starting later this week

uae banks

Federal Tax Authority adds UAE Pass single sign-on feature to EmaraTax

The authority is encouraging FTA customers to use the new feature and activate their UAE Pass accounts to access the authority’s services quickly and seamlessly

metaverse

Building the industrial metaverse with digital twins and industrial IoT

The metaverse is likely to have its biggest impact not in the consumer space, but on industry and business

digital

Irish digital innovation accelerating healthcare in the Middle East

Digital health is revolutionising the world of healthcare and improving patient outcomes in various ways

Instagram

Instagram adds new feature to deliver posts directly to followers

Meta CEO Mark Zuckerberg announced the news on his Instagram account Thursday by creating a channel of his own

Saeed Ahmad, Managing Director, Middle East and North Africa at Callsign on Crypto fraud

Opinion: Why financial institutes need to start taking crypto fraud seriously

Behavioural biometrics can help financial businesses authenticate users without purchasing any extra hardware or negatively affecting their user experience

Yango

Interview: Islam Abdul Karim, general manager, Yango GCC

Yango is an international ride-hailing service, operating in more than 20 countries worldwide

Tesla

Tesla recalls over 362,000 cars due to self-driving software safety concerns

The automaker is expected to fix the issue through an over-the-air software update by April 15

Bahrain named president of DCO

Bahrain assumes presidency of Digital Cooperation Organization

Mohamed bin Thamer Al Kaabi, Bahrain’s Minister of Transportation and Telecommunications, has been named as the new chairman of DCO’s council

Mercedes

Mercedes-AMG Petronas F1 team announce G42 as official partner

G42 to propel the Mercedes-AMG Petronas F1 team with AI-powered, data-driven insights

Dubai opens world’s largest solar-powered data centre

The data centre has a capacity exceeding 100 megawatts, and spans more than 16,000 square metres