Worldwide

Chinese-branded EVs will account for 50% of global EV sales by 2026

Tech giants will control 95% of new cars' operating systems by 2025

Ransomware attacks could cause $30 bn in damages in 2023

Average cost of data breaches expected to reach $5 mn in 2023

BTC hits $26,000

Loss of confidence in banking turns bitcoin into a thoroughbred

Burger Index raises $1.3 mn seed funding to expand into GCC

The round was led by venture capital firm Flat6Labs

A new Meta platform could rival Twitter

App may interoperate with Mastodon by supporting the ActivityPub protocol

Biden reassures Americans: Your deposits are there when you need them

Silicon Valley and Signature shareholders will lose everything."

Enterprise Super Apps: The undeniable future of employee engagement

Mobile apps are the preferred mode of brand engagement in MENA

What are DAOs, and how do they work?

There are currently about 4,000 DAOs in operation

Binance explains its wallet management system

Transparency without context can lead to misinterpretation

Why is climate fintech a hotspot for VCs right now? 

In 2022, climate FinTech investments reached a record high of $2.9 bn

Sanctions alone aren’t enough to rein in crypto crime

But they can still cause headaches for criminals, finds Chainalysis

Salesforce latest tech powerhouse to join ChatGPT mania

Software company joins Microsoft in launching AI tools for salespeople

Work underway to simplify Russian visa exchanges with 4 Arab countries

UAE and Russia have reciprocal visa-free travel agreements in place since 2019

Stay tuned for Powell’s testimony before Congress

February jobs report to be released Friday

AI will soon be coming to WhatsApp, Messenger, Instagram

Zuckerberg is combining numerous teams into a new AI division