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🚗 Hey, Musk! Wanna Buy a Hyundai Car? //

This year, the South Korean carmakers presented two new EVs — the Hyundai Ioniq 5 and the Kia EV6.
The two models quickly climbed to the top of US EV sales. Hyundai and Kia sold 21,467 of these two machines, besting even the Ford Mustang Mach-E, which was snapped up by 15,718 drivers.

Tesla still sells far more cars, but it took the company a decade to deliver as many electric vehicles as Hyundai and Kia have managed in a few short months. Being quite impressed by such a success, Musk twitted "Hyundai is doing pretty well".

The Ioniq 5 and EV6 both offer the cargo space of a small SUV, favoured by US customers. Both cars ride on the same modular platform, incorporate the same motors and batteries and post similar speed specifications.

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🚀 What Will We Drive in the Future? //

The Museum of the Future and the Dubai Roads and Transport Authority (RTA) will showcase transport solutions for the future - from personal jetpacks to self-driving cars.

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📱 "May Have Failed" //

Apple analyst Ming-Chi Kuo said Apple's efforts "may have failed". His "latest survey" suggests chip development has stalled, meaning Qualcomm will remain the exclusive supplier of 5G chips for the 2023 iPhone models.

Qualcomm will supply 100% of the chips for the 2023 iPhone models, not just 20%. Kuo expects Apple will continue to develop its own 5G chips, but it will take longer for the work to be completed and satisfactory for use in the iPhone and other devices.

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🎮 New Gaming Giant Owner //

Joffre Capital Group buys shares in Israeli-founded mobile game developer Playtika.

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📹 Battle against TikTok //

Brendan Carr, a commissioner of the U.S. Federal Communications Commission (FCC), said he had asked Apple and Google to remove the TikTok app from the stores. He justified his position by data security concerns and the service's Chinese origin.

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⚙️ Faster and More Efficient //

Samsung Electronics has begun mass production of 3-nanometre chips, beating rival TSMC in the race to create the world's most advanced chips.

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🥶 The Air Conditioning Revolution //

UAE-based Strata Manufacturing, Hyperganic, which specialises in developing engineering platforms based on artificial intelligence, and EOS, a German industrial 3D printing company, will create a new air conditioning system.

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🚫 Restricted Search //

Amazon has blocked LGBTQ-related search keywords at the request of the UAE government.

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Friday! Here's the morning news:

// UAE-Based company unveils first metaverse market with traditional payment infrastructure
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// MCIT partners with Meta to drive digital economic reforms in Qatar
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📊 TON: $1,11 | BTC: $19,38K
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💭 Free Voice, Video Calls, PCR Tests… Unusual //

The United Arab Emirates telecommunications operator etisalat by e& has launched a new messaging platform called GoChat Messenger.

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🛰 Sitting in a Boat with a Terminal //

The US Federal Communications Commission has granted SpaceX permission to provide Starlink satellite internet service to moving vehicles, which will give an impetus to the expansion of the service.

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📱 On the Road to Super App //

Dubai-based Careem acquired money-transfer start-up Denarii, thereby expanding its Fintech capabilities.

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Saturday! Here's the morning news:

// Russia's Yandex Still Undecided about Future Strategy
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// After Attracting Crypto, Dubai Becomes a New Hedge Fund Hotspot
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📊 TON: $1,14 | BTC: $19,2K
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🕺💃 US Lawmakers Don't Trust TikTok. Again... //

TikTok said certain employees outside the US can access information from American users with the US lawmakers raising alarms about the social network’s data-sharing practices.

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📈 Higher and Higher... //

Dubai’s GDP grew 5.9 per cent in the first quarter of 2022 as investors reposed trust in the emirate’s economic policies and legislative environment.

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🥺 Bitcoin or Bitcoin? That is the question //

El Salvador’s President Nayib Bukele remains certain about his nation's his bet on cryptocurrencies, despite the recent selloff in the markets.

This Thursday the government bought another 80 BTC at the cost of $19,000 each, according to a tweet from Bukele. That brings the total amount the nation spent buying Bitcoin since it was approved as legal tender last year to $106.3 million, according to calculations by Bloomberg based on Bukele’s tweets.

These holdings are now worth about $45.8 million, implying a 57% loss.

El Salvador’s gamble on Bitcoin is exacerbating a debt crisis. The country has been struggling to deal with wide fiscal deficits as an $800 million bond comes due in January.

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Sunday! Here's the morning news:

// Meta announced it shuts down its crypto wallet Novi on Sept. 1
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// Tesla reported Q2 vehicle production and delivery numbers for 2022.
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📊 TON: $1,1 | BTC: $19,1K
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🌝 Summer Heat in UAE Has One Bonus: It Can Charge Your EV //

Sharjah Research, Technology and Innovation Park has signed a MoU with Netherlands-based Lightyear which is developing the world’s first solar-powered car.

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