China’s SenseTime Group has reportedly raised $600 million from Alibaba Group Holding Ltd. and other investors at a valuation of more than $3 billion, becoming the world’s most valuable artificial intelligence startup.
Saudi Arabia blocks over 1.6M malicious files in the last year: report
Saudi Arabia’s education sector was most affected by malware, followed by government, and telecommunications during 2017, according to a study.
UAE tops GCC nations in 4G speed
The UAE topped its neighbouring GCC countries when it came to 4G speeds, where it averaged 27.47Mbps.
GCC online consumers “trust” brands advertised on premium websites
Two-thirds or 59 percent of GCC respondents are more likely to trust a brand that they see advertised on a premium website (a reputable website that features professional quality content), according to a recent survey commissioned by Buzzeff Middle East Africa (MEA).
“Technology is a double-edged sword,” says cybersecurity expert
Transparency and Regulations will reduce the risk of data leaks and inspire confidence in future technologies, says cybersecurity experts
MENA FinTech market to attract $2 billion in deals
The current MENA fintech market is estimated at $2 billion and expected to witness an annual growth of $125 million until 2022, according to MENA Research Partners (MRP).
Apple hires ex-Amazon exec for software role
Apple said it has hired technology executive Jon McCormack as a vice president working on software, according to Bloomberg.
Abu Dhabi business dispute court goes online
Through the new platform residents can file documents and receive SMS notifications pertaining to progress of their case and changes to the digital court file. Electronic evidence bundles are included in the court file at no additional cost to any party, and court hearings are conducted through video conferencing, accessed via an integrated calendar.
Alibabacoin rebuffs trademark infringement allegations
Dubai-based cryptocurrency company Alibabacoin Foundation has reportedly rejected the allegations of trademark infringement brought against it by the giant Chinese online retailer Alibaba Group Holding, according to Reuters.
Dubai to launch world’s first digital currency for creativity
The Dubai Culture and Arts Authority (Dubai Culture) has launched its blockchain-powered digital bank for art, ArtBank.
Dubai-made delivery app takes tasty meals to great distances
Spoonfed, the distance food delivery app concept that aims to transform food delivery accessibility across the city, has launched in Dubai.
UAE telco du inks deal for smart project in Ajman
Ajman’s Municipality and Planning Department and the Emirates Integrated Telecommunications Company (du) have recently teamed-up to turn the emirate’s Rumaila District into a smart and sustainable residential area.
Commvault to spotlight latest data management trends in Dubai
Commvault, as part of its Connections Live forum, will highlight how HyperScale technology will impact and can benefit Middle East organisations.
Infoblox addresses DNS cybersecurity blind spot
Infoblox has announced significant enhancements to its ActiveTrust Cloud offering that now leverages advanced analytics to expand detection of potential zero day threats and prevent the loss of data, adds the ability to distribute threat intelligence to other security products in the network and ensures that content on the network conforms to corporate policies.