📡 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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🤔 Israel not Ready to Accept Yandex Programmers //
Israel would be happy to accept Russian programmers, but the progress on the matter is blocked by internal strife among Israeli ministries.
@kod_ae
Israel would be happy to accept Russian programmers, but the progress on the matter is blocked by internal strife among Israeli ministries.
@kod_ae
Durov's Code
Israel Reluctant to Accept Foreign Tech Workers
Before the letter was sent, Volozh and other senior Yandex employees arrived in Israel, among them Yelena Bunina, and carried out talks with the Israeli ministries of finance and science.
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🌧 Alibaba Cloud Coming to Saudi Arabia //
Leading Saudi telecom services operator STC has launched high-capacity cloud services in partnership with the Chinese Alibaba Group. Alibaba invested a total of $238 million in the venture, as the demand for cloud computing services and solutions in the region becomes increasingly high. The new entity will provide advanced cloud computing services to companies operating in Saudi Arabia.
Alibaba, one of the world’s best providers of cloud computing services and solutions, will offer a wide range of cloud computing services and solutions, allowing local businesses and institutions to digitize their operations and implement Fourth Industrial Revolution technologies.
@kod_ae
Leading Saudi telecom services operator STC has launched high-capacity cloud services in partnership with the Chinese Alibaba Group. Alibaba invested a total of $238 million in the venture, as the demand for cloud computing services and solutions in the region becomes increasingly high. The new entity will provide advanced cloud computing services to companies operating in Saudi Arabia.
Alibaba, one of the world’s best providers of cloud computing services and solutions, will offer a wide range of cloud computing services and solutions, allowing local businesses and institutions to digitize their operations and implement Fourth Industrial Revolution technologies.
@kod_ae
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1️⃣ First Crypto-asset Exchange in Qatar //
Bahrain-based crypto-asset exchange CoinMENA expands services to Qatar. It became the first digital assets exchange to offer its services in the emirate.
Starting from today, Qatari citizens and residents can open accounts with CoinMENA and have access to all the features the platform offers, such as depositing and withdrawing funds directly within minutes.
CoinMENA already operates in all 6 of the GCC countries, as well as the EU.
@kod_ae
Bahrain-based crypto-asset exchange CoinMENA expands services to Qatar. It became the first digital assets exchange to offer its services in the emirate.
Starting from today, Qatari citizens and residents can open accounts with CoinMENA and have access to all the features the platform offers, such as depositing and withdrawing funds directly within minutes.
CoinMENA already operates in all 6 of the GCC countries, as well as the EU.
@kod_ae
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😮 Off-road Electric Maybach //
The concept is completely electric and comes with a solar panel under the transparent front hood of the car
@kod_ae
The concept is completely electric and comes with a solar panel under the transparent front hood of the car
@kod_ae
Durov's Code
Solar-Powered and Six Metres Long Mercedes-Maybach off-roader
The 6 metres long coupe was unveiled in honor of fashion designer Virgil Abloh, who died from cancer in November last year.
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🌝 Floating Solar Panels in Israel //
Israeli startup Xfloat has announced it is currently developing a project to test a floating artificial intelligence that generates electricity by tracking the sun.
The solar photovoltaic system is designed to move and track the sun while floating on reservoir water. The project is being carried out in cooperation with Mekorot, Israel’s national water company.
Developers say the project addresses one of the main problem faced by solar energy producers - the need for a huge amount of free land to build stations.
@kod_ae
Israeli startup Xfloat has announced it is currently developing a project to test a floating artificial intelligence that generates electricity by tracking the sun.
The solar photovoltaic system is designed to move and track the sun while floating on reservoir water. The project is being carried out in cooperation with Mekorot, Israel’s national water company.
Developers say the project addresses one of the main problem faced by solar energy producers - the need for a huge amount of free land to build stations.
@kod_ae
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🎣 Victims of Phishing and APT Attacks //
DNS management and security services provider Infoblox introduced a global report looking at the state of security issues.
@kod_ae
DNS management and security services provider Infoblox introduced a global report looking at the state of security issues.
@kod_ae
Durov's Code
UAE-Based Companies Are More Frequently Exposed to Phishing and APT Attacks
Attackers continue to exploit vulnerabilities in the environments, creating more work and increasing budgets for security teams.
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📲 Mastercard’s Expansion into the Middle East //
Mastercard, i2c and Bahraini digital services providers OneGlobal announced a partnership to provide tailored financial solutions that will enable the issuance of digital mobile wallets in the region.
Through this launch, Mastercard and i2c will provide an exchange to exchange (E2E) solution for fintechs to go to market faster and in a more agile way.
@kod_ae
Mastercard, i2c and Bahraini digital services providers OneGlobal announced a partnership to provide tailored financial solutions that will enable the issuance of digital mobile wallets in the region.
Through this launch, Mastercard and i2c will provide an exchange to exchange (E2E) solution for fintechs to go to market faster and in a more agile way.
@kod_ae
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🌞 UAE Renewable Energy Offensive //
The UAE recorded the largest increase in renewable energy capacity worldwide over the past decade, according to “Green Fuel Index” report.
Capacity in the Emirates surged to 2,540 megawatts in 2020 from a modest 13MW in 2011 which equals th growth of astonishing 20,000 per cent.
Currently the UAE is expanding efforts to shift to greener technologies under its Net Zero 2050 Strategic Initiative, which calls for Dh600 billion ($163bn) to be invested in clean and renewable energy sources in the next three decades.
@kod_ae
The UAE recorded the largest increase in renewable energy capacity worldwide over the past decade, according to “Green Fuel Index” report.
Capacity in the Emirates surged to 2,540 megawatts in 2020 from a modest 13MW in 2011 which equals th growth of astonishing 20,000 per cent.
Currently the UAE is expanding efforts to shift to greener technologies under its Net Zero 2050 Strategic Initiative, which calls for Dh600 billion ($163bn) to be invested in clean and renewable energy sources in the next three decades.
@kod_ae
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💰 From Oil Kingdom to Digital Paradise //
UAE is set to become the next Silicon valley. But in order to do this, the tiny federation of seven emirates needs to overcome many challenges in the region.
@kod_ae
UAE is set to become the next Silicon valley. But in order to do this, the tiny federation of seven emirates needs to overcome many challenges in the region.
@kod_ae
Durov's Code
From Oil Kingdom to Digital Paradise
In 2021, the turnover of crypto exchanges amounted to more than $14 trillion. The concentration of such financial flows in one country promises to make it the future financial hub and bolster its investment potential.
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🌊 UST Collapse Caused Tsunami in Crypto Markets //
A crash in the prices of stablecoin TerraUSD in the first half of May sent shock waves through the DeFi sector. The total value locked across all major protocols has slumped to $112 billion from $195 billion at the start of the month, data from industry tracker DeFi Llama show.
Bitcoin and Ether, the two largest tokens, slumped as well and have struggled to reach the pre-crisis level. American Bloomberg index of digital coins is down 30% in May.
@kod_ae
A crash in the prices of stablecoin TerraUSD in the first half of May sent shock waves through the DeFi sector. The total value locked across all major protocols has slumped to $112 billion from $195 billion at the start of the month, data from industry tracker DeFi Llama show.
Bitcoin and Ether, the two largest tokens, slumped as well and have struggled to reach the pre-crisis level. American Bloomberg index of digital coins is down 30% in May.
@kod_ae
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🥺 EU to Tighten Regulations on Crypto //
The ECB has stepped up calls for tighter regulation in recent days since the stablecoin TerraUSD collapsed earlier this month.
While recent volatility has not had much effect on the rest of the financial system, the threat is increasing with institutional investors increasingly involved, the European Central Bank says in a pre-released chapter from its financial stability review.
@kod_ae
The ECB has stepped up calls for tighter regulation in recent days since the stablecoin TerraUSD collapsed earlier this month.
While recent volatility has not had much effect on the rest of the financial system, the threat is increasing with institutional investors increasingly involved, the European Central Bank says in a pre-released chapter from its financial stability review.
@kod_ae
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💻 The Future of Working Models in the UAE //
The Covid-19 pandemic has affected workers' preferences. Most of them want to work in a hybrid or remote format.
@kod_ae
The Covid-19 pandemic has affected workers' preferences. Most of them want to work in a hybrid or remote format.
@kod_ae
Durov's Code
Almost 90% of UAE Employees Want to Work in Either a Hybrid or Fully Remote Model in the Future.
61% of UAE-based professionals said they were less likely to look for a new job if they were given the opportunity to work remotely or in the office only one or two days a week.
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💸 Google Invests in Saudi Arabia //
Google drove SR12.2 billion ($3.5 billion) in economic activity in Saudi Arabia in 2021.
The company's report states that Kingdom residents use Google to acquire new skills (75%), research COVID-19 (72%) and entertain their children with YouTube Kids (64%). The report also highlights that 61% use Google to find a new job, including 5 million Saudi women every month.
@kod_ae
Google drove SR12.2 billion ($3.5 billion) in economic activity in Saudi Arabia in 2021.
The company's report states that Kingdom residents use Google to acquire new skills (75%), research COVID-19 (72%) and entertain their children with YouTube Kids (64%). The report also highlights that 61% use Google to find a new job, including 5 million Saudi women every month.
@kod_ae
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🌇 First Telco NFT in the Middle East //
UAE-based e& has launched its first collection of non-playable tokens (NFTs).
e& has become the first technology and investment conglomerate in the Middle East to launch NFTs. The first batch of NFTs will be released on a limited basis and the group will provide further updates as it moves forward with its plans for NFTs.
@kod_ae
UAE-based e& has launched its first collection of non-playable tokens (NFTs).
e& has become the first technology and investment conglomerate in the Middle East to launch NFTs. The first batch of NFTs will be released on a limited basis and the group will provide further updates as it moves forward with its plans for NFTs.
@kod_ae
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🕸 Sheikh Optical Fibre //
The UAE remains world leader in fibre-optic network access to homes. It has retained top rank in the world for the percentage of fibre network access to homes, thus maintaining its global leadership since 2016. The UAE continues to lead with 97% of homes enjoying access to fibre-optic network, ahead of Singapore (95.8%), China (94.9%), South Korea (91.1%) and Hong Kong (86.2%).
@kod_ae
The UAE remains world leader in fibre-optic network access to homes. It has retained top rank in the world for the percentage of fibre network access to homes, thus maintaining its global leadership since 2016. The UAE continues to lead with 97% of homes enjoying access to fibre-optic network, ahead of Singapore (95.8%), China (94.9%), South Korea (91.1%) and Hong Kong (86.2%).
@kod_ae
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🎇 Mars Metaverse Land //
UAE-based Everdome is offering the opportunity to purchase metaverse land on Mars.
@kod_ae
UAE-based Everdome is offering the opportunity to purchase metaverse land on Mars.
@kod_ae
Durov's Code
Everdome Offers to Buy Mars Metaverse Land
By purchasing a piece of land in Everdome, owners get to develop it as they see fit, with the option to earn income or even resell it in the future.
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💰 Fully Determined //
Elon Musk said that he will secure an additional $6.25 billion in equity financing to fund the $44 billion acquisition of Twitter, thereby reducing the billionaire's margin loan to zero. This may indicate that he wants to close the deal.
Musk originally took out a $12.5 billion margin loan secured against Tesla shares to buy Twitter. But earlier this month, he reduced the amount to $6.25 billion after raising co-investors.
@kod_ae
Elon Musk said that he will secure an additional $6.25 billion in equity financing to fund the $44 billion acquisition of Twitter, thereby reducing the billionaire's margin loan to zero. This may indicate that he wants to close the deal.
Musk originally took out a $12.5 billion margin loan secured against Tesla shares to buy Twitter. But earlier this month, he reduced the amount to $6.25 billion after raising co-investors.
@kod_ae
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🗃 Deceptive Use of Private Data for Targeted Advertising //
Twitter will pay a fine of $150 million for disclosing users' personal data. According to the Department of Justice (DOJ) and Federal Trade Commission (FTC) lawsuit, Twitter's administration misled users about their utilisation of sensitive data from May 2013 to September 2019. The social network applied users' phone numbers and email addresses for targeting purposes. In total, more than 140 million users were affected, according to the FTC.
Twitter agreed to pay the fine and promised to take data protection measures. In particular, the administration of the social network is required to develop a comprehensive data privacy and information security programme and conduct regular data security audits in the future. In addition, the company will have to report on the introduction of any new product or service that collects users' personal information.
@kod_ae
Twitter will pay a fine of $150 million for disclosing users' personal data. According to the Department of Justice (DOJ) and Federal Trade Commission (FTC) lawsuit, Twitter's administration misled users about their utilisation of sensitive data from May 2013 to September 2019. The social network applied users' phone numbers and email addresses for targeting purposes. In total, more than 140 million users were affected, according to the FTC.
Twitter agreed to pay the fine and promised to take data protection measures. In particular, the administration of the social network is required to develop a comprehensive data privacy and information security programme and conduct regular data security audits in the future. In addition, the company will have to report on the introduction of any new product or service that collects users' personal information.
@kod_ae
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