💡 Digital Pharaohs //
In a bid to attract foreign investment and transform the economy, Egyptian government introduced five important changes to ease restrictions on startup companies.
@kod_ae
In a bid to attract foreign investment and transform the economy, Egyptian government introduced five important changes to ease restrictions on startup companies.
@kod_ae
Durov's Code
Egypt Eases Regulation on Startups in a Bid to Transform Economy
The changes aim to reduce bureaucratic procedures and digitalize basic processes, but still represent only a broad framework.
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🤖 Israeli Startup Disputes Musk's Fake Accounts Estimates //
According to Tel Aviv startup Cyabra, a software platform that tracks fake users and accounts on social media for disinformation purposes, Twitter’s inauthentic users stand at just 13,7 per cent. The number is almost 7 percentage points lower than Musk's recent estimate of 20 per cent.
According to company's official, researchers looked at numbers for the last 12 months (from May 2021 to May 2022) and checked "millions of accounts” using machine learning algorithms.
@kod_ae
According to Tel Aviv startup Cyabra, a software platform that tracks fake users and accounts on social media for disinformation purposes, Twitter’s inauthentic users stand at just 13,7 per cent. The number is almost 7 percentage points lower than Musk's recent estimate of 20 per cent.
According to company's official, researchers looked at numbers for the last 12 months (from May 2021 to May 2022) and checked "millions of accounts” using machine learning algorithms.
@kod_ae
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🍏 New Apple Features //
Apple has introduced new features that make life easier for people with disabilities.
@kod_ae
Apple has introduced new features that make life easier for people with disabilities.
@kod_ae
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🏖 Sandstorms in the Gulf //
Recently, Gulf nations have been covered with dust, with users taking pictures of unusual Blade-runner like scenes.
@kod_ae
Recently, Gulf nations have been covered with dust, with users taking pictures of unusual Blade-runner like scenes.
@kod_ae
Durov's Code
How to Survive a Sandstorm?
Recently, Gulf nations have been blanketed with dust, with users taking pictures of unusual Blade-runner like scenes.
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🔬Arab World’s Quantum Computer //
Scientists from the Quantum Research Centre (QRC) at the Abu Dhabi Institute for Technology Innovation are developing machines that work on the laws of quantum physics. They propose using quantum bits, or qubits, which enable computers to exponentially speed up certain tasks. These capabilities could open up new algorithmic possibilities for quantum computers, allowing them to perform calculations that any other device could not.
By the end of this summer, QRC expects Abu Dhabi to have laid the foundations for such a future by producing the first simple quantum chips. And now engineers at QRC's Quantum Computing Lab are assembling the Arab world’s quantum computer, they don't expect the machine to immediately surpass classic supercomputers.
Three quantum computers are currently in operation at the QRC's Masdar City premises, with plans to build five by the end of this year. The centre plans to manufacture at least 30 more quantum bits over the next two years.
@kod_ae
Scientists from the Quantum Research Centre (QRC) at the Abu Dhabi Institute for Technology Innovation are developing machines that work on the laws of quantum physics. They propose using quantum bits, or qubits, which enable computers to exponentially speed up certain tasks. These capabilities could open up new algorithmic possibilities for quantum computers, allowing them to perform calculations that any other device could not.
By the end of this summer, QRC expects Abu Dhabi to have laid the foundations for such a future by producing the first simple quantum chips. And now engineers at QRC's Quantum Computing Lab are assembling the Arab world’s quantum computer, they don't expect the machine to immediately surpass classic supercomputers.
Three quantum computers are currently in operation at the QRC's Masdar City premises, with plans to build five by the end of this year. The centre plans to manufacture at least 30 more quantum bits over the next two years.
@kod_ae
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🖼 Dubai’s Museum of the Future NFT //
Dubai’s Museum of the Future has begun a partnership with Binance NFT. It plans to launch a range of blockchain-based digital products, starting with the NFT collection – The Most Beautiful NFTs in the Metaverse.
The Museum of the Future is developing numerous virtual assets and will pioneer the development of crypto-technology. The first NFT drop will be announced in the coming weeks, the collection will be inextricably linked to the 'Most Beautiful Building on Earth', aiming to set new standards for NFT worldwide.
The Museum of the Future is currently working on implementing virtual projects and will pioneer the development of crypto-technology.
By announcing the collaboration with Binance NFT, Museum of the Future strengthens its position in asset development in the areas of NFT, cryptocurrency and blockchain, the future of mixed reality, mobility, the metaverse and other future technologies.
@kod_ae
Dubai’s Museum of the Future has begun a partnership with Binance NFT. It plans to launch a range of blockchain-based digital products, starting with the NFT collection – The Most Beautiful NFTs in the Metaverse.
The Museum of the Future is developing numerous virtual assets and will pioneer the development of crypto-technology. The first NFT drop will be announced in the coming weeks, the collection will be inextricably linked to the 'Most Beautiful Building on Earth', aiming to set new standards for NFT worldwide.
The Museum of the Future is currently working on implementing virtual projects and will pioneer the development of crypto-technology.
By announcing the collaboration with Binance NFT, Museum of the Future strengthens its position in asset development in the areas of NFT, cryptocurrency and blockchain, the future of mixed reality, mobility, the metaverse and other future technologies.
@kod_ae
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🛸 Do Unidentified Aerial Phenomena Exist? //
The US Congress has held hearings into the existence of UFOs or, as they are now called, UAPs.
@kod_ae
The US Congress has held hearings into the existence of UFOs or, as they are now called, UAPs.
@kod_ae
Durov's Code
US Congress Holds First UFO Hearing in Half a Century
The House Intelligence Subcommittee on Terrorism, Counterintelligence and Counterproliferation invited two Pentagon officials to publicly discuss one of the most unorthodox topics – UAPs.
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🎮 Saudi Arabia Takes 5% Nintendo Stake //
Saudi Arabia's Public Investment Fund has acquired a 5.01% stake in Nintendo Co., making it the fifth-largest shareholder.
The PIF has a capital of $500 billion. Over the past two years it has been building up stakes in video game makers and cyber sports companies in the Japanese market. This year, the Saudi fund disclosed stakes of more than 5% in two Japanese-listed gaming companies: Capcom Co. and online game provider Nexon Co.
@kod_ae
Saudi Arabia's Public Investment Fund has acquired a 5.01% stake in Nintendo Co., making it the fifth-largest shareholder.
The PIF has a capital of $500 billion. Over the past two years it has been building up stakes in video game makers and cyber sports companies in the Japanese market. This year, the Saudi fund disclosed stakes of more than 5% in two Japanese-listed gaming companies: Capcom Co. and online game provider Nexon Co.
@kod_ae
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🛬 Google Moves Employees from Russia to Dubai //
After Google's Russian subsidiary officially announced it was filing for bankruptcy, the company's employees in the country had either to relocate or quit.
According to WSJ, many of them chose the first option, with a large number ending up in Dubai, where Google has a big office.
@kod_ae
After Google's Russian subsidiary officially announced it was filing for bankruptcy, the company's employees in the country had either to relocate or quit.
According to WSJ, many of them chose the first option, with a large number ending up in Dubai, where Google has a big office.
@kod_ae
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🌆 The Digitisation of All Services //
The new digital attestation services will streamline procedures and boost the quality of services provided in the UAE.
@kod_ae
The new digital attestation services will streamline procedures and boost the quality of services provided in the UAE.
@kod_ae
Durov's Code
MoFAIC Launches a New System to Rationalise Attestation Services in the Business and Trade Sectors
UAE's digital system makes it easier for investors and entrepreneurs to do business.
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📄 Abuse of Dominant Market Position //
The Alliance of Digital India Foundation (ADIF) has released a detailed study of the app store policies of big tech companies.
@kod_ae
The Alliance of Digital India Foundation (ADIF) has released a detailed study of the app store policies of big tech companies.
@kod_ae
Durov's Code
ADIF Publishes Detailed Study of App Store Policies
Apple and Google abuse their powerful market position to make money on commissions through their app stores.
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🔋 EVs in Saudi Arabia //
U.S. electric vehicle maker Lucid Group will set up its first overseas factory in Saudi Arabia. It will receive $3.4bn in financing and incentives over the next 15 years to build and operate its factory in Saudi Arabia.
AMP-2 will be located in King Abdullah Economic City and will be able to produce 155,000 vehicles a year. About 85% of the output will be exported. Besides, this project is expected to create more than 4,500 jobs.
Saudi Arabia’s minister of investment, Khalid al-Falih, said the Lucid factory is just the beginning. Saudi Arabia is seeking to open an invitation to companies and suppliers of batteries for electric vehicles, which could create around 30,000 jobs.
We previously reported that Saudi Arabia is set to buy 100,000 Lucid EVs.
@kod_ae
U.S. electric vehicle maker Lucid Group will set up its first overseas factory in Saudi Arabia. It will receive $3.4bn in financing and incentives over the next 15 years to build and operate its factory in Saudi Arabia.
AMP-2 will be located in King Abdullah Economic City and will be able to produce 155,000 vehicles a year. About 85% of the output will be exported. Besides, this project is expected to create more than 4,500 jobs.
Saudi Arabia’s minister of investment, Khalid al-Falih, said the Lucid factory is just the beginning. Saudi Arabia is seeking to open an invitation to companies and suppliers of batteries for electric vehicles, which could create around 30,000 jobs.
We previously reported that Saudi Arabia is set to buy 100,000 Lucid EVs.
@kod_ae
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🔐 Cybersecurity in the Middle East //
The Middle East and Africa region was the least targeted to ransomware attacks last year.
@kod_ae
The Middle East and Africa region was the least targeted to ransomware attacks last year.
@kod_ae
Durov's Code
Middle East and Africa Region Least Vulnerable to Ransomware Attacks in 2021
Israel was the most attacked country with 18% of all attacks in the region.
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📉 Intriguing Trading //
Saudi Arabian investor Prince Alwaleed Bin Talal Al Saud, who provided Elon Musk with $7.1 billion in funding to buy Twitter for $44 billion, has made several trades in shares of the social media company in the past week.
After Elon Musk said his deal had been put on hold, the Saudi prince bought several shares amid a drop in their value. Less than a week later, he sold the same Twitter shares at a loss.
@kod_ae
Saudi Arabian investor Prince Alwaleed Bin Talal Al Saud, who provided Elon Musk with $7.1 billion in funding to buy Twitter for $44 billion, has made several trades in shares of the social media company in the past week.
After Elon Musk said his deal had been put on hold, the Saudi prince bought several shares amid a drop in their value. Less than a week later, he sold the same Twitter shares at a loss.
@kod_ae
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😠 Musk Denounces Harassment Claims //
Elon Musk has described as "utterly untrue" claims he sexually harassed a flight attendant on a private jet in 2016.
According to Business Insider, SpaceX paid $250,000 in 2018 to settle a sexual harassment claim from an unnamed private jet flight attendant who accused Musk of exposing himself to her.
Musk states the person will not be able to describe anything (scars, tattoos) that isn't known by the public.
@kod_ae
Elon Musk has described as "utterly untrue" claims he sexually harassed a flight attendant on a private jet in 2016.
According to Business Insider, SpaceX paid $250,000 in 2018 to settle a sexual harassment claim from an unnamed private jet flight attendant who accused Musk of exposing himself to her.
Musk states the person will not be able to describe anything (scars, tattoos) that isn't known by the public.
@kod_ae
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🌅 Another Step Towards the Metaverse //
Headed by the Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the higher committee oversees technological developments and supervises the development of the digital economy, which is formulating the foundations and objectives of the Dubai Metaverse Strategy. Its goal is to boost Dubai's contribution to the economy to $4 billion by 2030.
The Strategy aims to introduce metaverse technologies that will improve performance of resident surgeons by 230% and engineers' productivity by 30%, as well as supporting 42,000 jobs that will become virtual.
@kod_ae
Headed by the Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the higher committee oversees technological developments and supervises the development of the digital economy, which is formulating the foundations and objectives of the Dubai Metaverse Strategy. Its goal is to boost Dubai's contribution to the economy to $4 billion by 2030.
The Strategy aims to introduce metaverse technologies that will improve performance of resident surgeons by 230% and engineers' productivity by 30%, as well as supporting 42,000 jobs that will become virtual.
@kod_ae
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🍏 New Details about Apple AR/VR Headset //
One of the main features of Apple's AR/VR headset could be the ability to create virtual avatars. Some of the device's cameras will track faces and facial expressions to accurately capture facial expressions and mouth movements.
@kod_ae
One of the main features of Apple's AR/VR headset could be the ability to create virtual avatars. Some of the device's cameras will track faces and facial expressions to accurately capture facial expressions and mouth movements.
@kod_ae
Durov's Code
New Details about Apple AR/VR Headset
it is claimed that Joni Ive continues to be involved in the headset project as a freelance consultant to the company.
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🚙 Mona Lisa of Cars //
In early May, Mercedes-Benz sold an original 1955 300 SLR Uhlenhaut coupé, called the "Mona Lisa of cars" because of its rarity and racing pedigree, for $135 million, the highest price ever paid for a car at auction.
@kod_ae
In early May, Mercedes-Benz sold an original 1955 300 SLR Uhlenhaut coupé, called the "Mona Lisa of cars" because of its rarity and racing pedigree, for $135 million, the highest price ever paid for a car at auction.
@kod_ae
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🌳 ESG or not ESG, That Is the Question //
Last week, Tesla was dropped from the S&P 500 ESG index. Although Tesla's cars contribute to lower carbon dioxide emissions, its ESG scores fell behind on other aspects, such as poor working conditions at its US Fremont factory, allegations of racial discrimination and its handling of a US government investigation into the numerous deaths and injuries associated with its autopilot technology. In response to Tesla's exclusion from the rankings, Musk twitted: ‘Despite Tesla doing more for the environment than any company ever!’
Amid the scandal, Elon Musk held a meeting with Brazilian President Bolsonaro. They discussed projects to protect the Amazon rainforest. Furthermore, Elon Musk will be developing the Internet in Amazonia. His company Starlink will provide Internet access to 19,000 rural schools in Brazil. In addition, Bolsonaro announced that he was making the Brazilian Alcântara space base near the equator available to Musk's company.
@kod_ae
Last week, Tesla was dropped from the S&P 500 ESG index. Although Tesla's cars contribute to lower carbon dioxide emissions, its ESG scores fell behind on other aspects, such as poor working conditions at its US Fremont factory, allegations of racial discrimination and its handling of a US government investigation into the numerous deaths and injuries associated with its autopilot technology. In response to Tesla's exclusion from the rankings, Musk twitted: ‘Despite Tesla doing more for the environment than any company ever!’
Amid the scandal, Elon Musk held a meeting with Brazilian President Bolsonaro. They discussed projects to protect the Amazon rainforest. Furthermore, Elon Musk will be developing the Internet in Amazonia. His company Starlink will provide Internet access to 19,000 rural schools in Brazil. In addition, Bolsonaro announced that he was making the Brazilian Alcântara space base near the equator available to Musk's company.
@kod_ae
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💰 No Longer a Billionaire //
Vitalik Buterin, the co-founder of the Ethereum blockchain platform, has announced that he is no longer a billionaire.
According to Bloomberg, Vitalik Buterin's fortune was valued at $1.5 billion at the end of last year. He did not elaborate on why he is no longer a billionaire. It is not hard to guess the reason behind the decline in fortune: since November 2021, the cryptocurrency's value has fallen 55% - from a peak of $4,735 to $1,970 at the moment.
@kod_ae
Vitalik Buterin, the co-founder of the Ethereum blockchain platform, has announced that he is no longer a billionaire.
According to Bloomberg, Vitalik Buterin's fortune was valued at $1.5 billion at the end of last year. He did not elaborate on why he is no longer a billionaire. It is not hard to guess the reason behind the decline in fortune: since November 2021, the cryptocurrency's value has fallen 55% - from a peak of $4,735 to $1,970 at the moment.
@kod_ae
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