Startups and Tech
Tesla Abandons In-House AI Chip Development, Turns to External Suppliers
Omar RahmanTesla Abandons Dojo Supercomputer Project in Strategic AI Pivot Tesla has made the surprising decision to shut down its ambitious Dojo supercomputer...
Meta Enters the AI Arena: Challenging Apple and Google's AI Dominance?
Meta's Billion-User Advantage Could Make It AI's Dark Horse Winner While Apple and Google dominate headlines in the race for AI supremacy, Meta quiet...
Toyota's Q2 2025 Earnings Surpass Expectations: A Remarkable Performance Boost
Toyota Defies Trade War Headwinds with Strong Q1 Performance Despite $3 Billion Tariff Hit Toyota Motor delivered better-than-expected operating prof...
OpenAI Explores $500 Billion Valuation in Potential Stock Sale
OpenAI Eyes $500 Billion Valuation as AI Gold Rush Reaches New Heights OpenAI is in preliminary discussions to sell employee shares at a staggering $...
German Car Sales Bounce Back in July: A Promising Automotive Market Resurgence
German Car Market Shows Signs of Recovery Despite Tesla's Sharp Decline and Chinese Competition Germany's automotive sector experienced a notable upt...
Chinese tech giant Baidu launches autonomous taxis on American ride-sharing app Lyft.
Chinese Tech Giant Baidu Targets European Ride-Hailing Market with Autonomous Fleet Partnership Chinese internet behemoth Baidu is positioning itself...
Tesla Grants Elon Musk $29 Billion in Stock Incentives
Tesla Grants Musk $29 Billion Stock Package as Company Pivots to AI and Robotics Tesla has awarded CEO Elon Musk 96 million shares worth approximatel...
Counterfeit Auto Parts: A Hidden Threat to Drivers and Vehicles
Counterfeit Auto Parts Plague UAE Roads as Drivers Risk Safety for Savings A dangerous trend is sweeping through the UAE's automotive sector as count...
Digital Banking Soars: 93% of Bank Customers Regularly Use Online Services
UAE Banking Goes Digital: 42% of Customers Haven't Visited a Branch All Year A sweeping digital transformation is reshaping banking behavior in the U...
Rakez Unveils Cutting-Edge Digital Solutions for Small and Medium Enterprises
UAE's Ras Al Khaimah Economic Zone Partners with Fintech Startup to Digitize SME Operations The Ras Al Khaimah Economic Zone Authority (RAKEZ) has fo...
Microsoft and Amazon Vie for Cloud Computing Dominance
UK Regulators Target Microsoft and Amazon in Major Cloud Computing Crackdown Britain's competition watchdog has launched a direct challenge against t...
Shams and Zoho Partner to Drive Digital Transformation
Sharjah Media City Partners with Zoho to Accelerate UAE's Digital Transformation Drive Sharjah Media City (Shams) has forged a strategic alliance wit...
Google Approves European AI Ethics Code of Conduct
Google Embraces EU AI Rules While Meta Holds Out in European Regulatory Standoff Google announced it will sign the European Union's voluntary AI code...
UAE Embraces Digital Currencies, Boosts Financial Inclusion
UAE's Digital Currency Payments Signal a Bold Shift Toward Financial Supremacy The United Arab Emirates has taken a decisive step toward cementing it...
Tesla and Samsung Ink $16.5B Chip Production Deal
Samsung Lands $16.5 Billion Tesla AI Chip Deal, Signaling Strategic Shift in Semiconductor Race Samsung Electronics has secured a massive $16.5 billi...
Regional Investment in Generative AI Tops $96 Million
Middle East AI Spending Surge Signals Regional Tech Transformation The Middle East and North Africa are poised for explosive growth in generative AI...
Kaspersky Warns of Cybercriminals Disguising HR Updates to Lure Victims
Corporate Phishing Reaches New Heights with Personalized HR Document Scams Cybercriminals have escalated their tactics to unprecedented levels of sop...
Tesla's Q2 Revenue Plunge: $22.5B as Production Woes Linger
Tesla's Perfect Storm: Musk Warns of "Tough Quarters" as Tax Credits Vanish and Political Drama Unfolds Tesla faces a challenging period ahead as CEO...
Hala Expands its Fleet with 250 Vehicles, Plans to Add 600 More for Enhanced Mobility Services
Dubai's Hala Ride-Hailing Service Surges 12% as UAE Mobility Sector Matures Hala, the joint venture between Dubai's Roads and Transport Authority and...
UAE and China Explore Boosting Tourism Cooperation Opportunities
UAE's Future UN Tourism Chief Courts China for Strategic Partnership Ahead of 2026 Leadership Sheikha Nasser Al Nowais, the UAE's newly elected Secre...
Digital Transformation Surges: 64% of Consumers Embrace Online Services in Daily Life
Egypt Accelerates Digital Finance Push as Global Fintech Adoption Surges Past 80% Egypt's financial regulator is intensifying efforts to digitize non...