Technology

Will Elon Musk IPO Twitter again?

Wall Street Journal: Musk told investors he plans to organize an IPO

Troubled times await major tech companies as a result of global turmoil

“Apple” warns of losses of up to 8 billion dollars  

Bahrain grants SpaceX a license to offer Starlink internet services

Bahrain is the first country in the GCC to grant a license for this service

Dubai to launch first robotic biobank in the UAE

AED17 million to advance medical research and discovery

Databases exposed to the open web reaches an all-time high

111 databases were exposed to the open web in the UAE, 372 in Saudi

Meta stuns Wall Street with higher-than-expected profits

Facebook's user base is growing at an all-time high

Saudi to launch first national strategy for IP rights

Saudi is experiencing a boom in trademarks and patent requests

The “Metaverse” is “pervading” our lives

You can now watch a movie, travel, and prepare your favorite food in the "Metaverse"

Twitter: Musk will have to pay 1 billion $ if he cancels the purchase agreement

The deal could be canceled if it is not closed by October 24

Chalhoub enters the Metaverse with its first NFT collection

“925 Genesis MOOD” to be launched on May 7th

Elon Musk in advanced talks to buy Twitter

This comes days after he unveiled his $46.5 billion bid for the social-media company

Tech giants face billions in fines if they violate European Digital Content Law

Failure to comply could cost 6% of companies’ annual global sales

After the “Defensive Poison Pill”… a look at Twitter in Saudi, UAE

500 million tweets posted daily, 350,000 tweets posted each minute

Netflix suffers first subscriber loss in a decade

It anticipates a global loss of two million paid memberships in the Q2 of 2022.

Adoption of cloud services growing in Saudi

The majority of Saudi agree that multi-cloud is ideal

Dollar-pegged stablecoins here to stabilize crypto volatility

Algorithmic stablecoins, though, can cause problems

The “Poison Pill” defense blocks Elon Musk from taking over Twitter

The plan prevents Elon Musk from buying a majority of Twitter shares

Cryptocurrency ownership rising in Saudi

SHAREit connects users to cryptocurrency wallets in the ME

UAE residents planning to invest in crypto

25 percent of investable assets in the UAE is to be allocated to crypto

Metaverse: The Future of Internet

The metaverse is expected to transform every business

DIFC reveals unicorn and scale-up venture studios as innovation launchpad

Strategy to attract the best minds and companies globally to Dubai