🛸 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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📌 Boot Camp for High-Growth Start-Ups //
UAE-based MENA Flat6Labs, the region's leading venture capital firm, launched a four-day bootcamp for 20 of the most innovative participants. It received and checked 650 applications from promising start-ups from 65 countries, including 158 UAE-based start-ups.
For a week, these startups will undergo intensive training led by experienced trainers and the Flat6Labs team, based on the 'Lean Startup' approach, after which they will compete for 10 places in the third cycle of Flat6Labs' flagship seed funding programme in Abu Dhabi.
During the previous two cycles of Flat6Labs Ignite, 18 start-ups developed by Flat6Labs have received funding totalling more than $4.9 million (AED 18 million).
@kod_ae
UAE-based MENA Flat6Labs, the region's leading venture capital firm, launched a four-day bootcamp for 20 of the most innovative participants. It received and checked 650 applications from promising start-ups from 65 countries, including 158 UAE-based start-ups.
For a week, these startups will undergo intensive training led by experienced trainers and the Flat6Labs team, based on the 'Lean Startup' approach, after which they will compete for 10 places in the third cycle of Flat6Labs' flagship seed funding programme in Abu Dhabi.
During the previous two cycles of Flat6Labs Ignite, 18 start-ups developed by Flat6Labs have received funding totalling more than $4.9 million (AED 18 million).
@kod_ae
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🚙 Saudi Arabia Set to Become Global Hub for EVs //
Saudi Arabia plans to produce up to 300,000 cars a year by 2030. Half of those cars will be built by EV manufacturer Lucid, as we reported earlier.
Lucid is expected to start production at its Saudi plant by 2026 and will export 85% of locally made EVs, while other manufacturers are expected to export about 25%. Saudi Arabia is in talks with other automakers to establish a presence in the kingdom alongside the Lucid plant.
Exports would target India, China, Africa and the rest of the Middle East.
@kod_ae
Saudi Arabia plans to produce up to 300,000 cars a year by 2030. Half of those cars will be built by EV manufacturer Lucid, as we reported earlier.
Lucid is expected to start production at its Saudi plant by 2026 and will export 85% of locally made EVs, while other manufacturers are expected to export about 25%. Saudi Arabia is in talks with other automakers to establish a presence in the kingdom alongside the Lucid plant.
Exports would target India, China, Africa and the rest of the Middle East.
@kod_ae
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🍕 Bitcoin Pizza Day //
12 years ago American programer Laszlo Hanyecz agreed to pay 10,000 Bitcoins (which equals $295 million today) for two delivered Papa John's pizzas and became the first person to use bitcoin in a commercial transaction.
Since then, this day became one of Bitcoin community celebrations. This year, CEO of Binance CZ decided to work at one of Italian pizza shops called Mister Pizza to congratulate everyone on Bitcoin Pizza Day.
@kod_ae
12 years ago American programer Laszlo Hanyecz agreed to pay 10,000 Bitcoins (which equals $295 million today) for two delivered Papa John's pizzas and became the first person to use bitcoin in a commercial transaction.
Since then, this day became one of Bitcoin community celebrations. This year, CEO of Binance CZ decided to work at one of Italian pizza shops called Mister Pizza to congratulate everyone on Bitcoin Pizza Day.
@kod_ae
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📡 To the Moon and Back //
American startup Lonestar Data Holdings plans to build datacenters on the Moon by 2023. Why on the Moon? Some of the most important data will be stored there, so as to be left untouched for as long as can be.
The company plans to send its first mission to the Moon, dubbed IM-1, at the end of 2022. Lonestar will run a software-only test, storing a small bit of data on the lander's hardware. IM-1 is expected to last one lunar day, an equivalent of two weeks on Earth.
The second launch, IM-2, is more ambitious. It will carry first hardware prototype: a one-kilogram storage device, the size of a hardback novel, with 16 terabytes of memory. IM-2's is expected to launch in 2023.
@kod_ae
American startup Lonestar Data Holdings plans to build datacenters on the Moon by 2023. Why on the Moon? Some of the most important data will be stored there, so as to be left untouched for as long as can be.
The company plans to send its first mission to the Moon, dubbed IM-1, at the end of 2022. Lonestar will run a software-only test, storing a small bit of data on the lander's hardware. IM-1 is expected to last one lunar day, an equivalent of two weeks on Earth.
The second launch, IM-2, is more ambitious. It will carry first hardware prototype: a one-kilogram storage device, the size of a hardback novel, with 16 terabytes of memory. IM-2's is expected to launch in 2023.
@kod_ae
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🛳 OpenSea Ship Finally Arrives at a Seaport //
NFT marketplace OpenSea has announced the launch of a Web3 marketplace protocol for safely and efficiently buying and selling NFTs.
The new platform, dubbed Seaport, will give users the opportunity to obtain NFTs by offering assets other than just payment tokens. According to the platform, a user “can agree to supply a number of ETH / ERC20 / ERC721 / ERC1155 items” in exchange for an NFT, implying bartering a combination of tokens as a method of payment.
@kod_ae
NFT marketplace OpenSea has announced the launch of a Web3 marketplace protocol for safely and efficiently buying and selling NFTs.
The new platform, dubbed Seaport, will give users the opportunity to obtain NFTs by offering assets other than just payment tokens. According to the platform, a user “can agree to supply a number of ETH / ERC20 / ERC721 / ERC1155 items” in exchange for an NFT, implying bartering a combination of tokens as a method of payment.
@kod_ae
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