🚘 LiDAR Supplier from Israel //
Israeli laser (LiDAR) sensor developer Innoviz Technologies Ltd. said that one of the world's largest vehicle manufacturers has selected the company as a direct LiDAR supplier.
There is no exact information about the company that made the deal. Sources believe the deal has been struck with Volkswagen.
This deal will increase Innoviz's prospective order book by $4 billion to $6.6 billion.
@kod_ae
Israeli laser (LiDAR) sensor developer Innoviz Technologies Ltd. said that one of the world's largest vehicle manufacturers has selected the company as a direct LiDAR supplier.
There is no exact information about the company that made the deal. Sources believe the deal has been struck with Volkswagen.
This deal will increase Innoviz's prospective order book by $4 billion to $6.6 billion.
@kod_ae
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💼 What kind of business are Russians building in Dubai?
Dubai is actively adopting blockchain technology and developing this culture. Egor Lapshov has prepared a story about three local start-ups from the world of digital art, which have founders from Russia.
@kod_ae
Dubai is actively adopting blockchain technology and developing this culture. Egor Lapshov has prepared a story about three local start-ups from the world of digital art, which have founders from Russia.
@kod_ae
Durov's Code
Three Projects from the Blockchain and Digital Art World in Dubai
Blockchain offers people incredible prospects for growth and self-expression; it is one of the fastest-growing sectors of the global economy.
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🖥 Oman Heads toward Digital Transformation //
Oman announced tender to study, design and implement the unified national portal for electronic services. The initiative is part of the government’s 2021-2025 digital transformation programme, which is expected to draw investment of around $441 million.
The first phase includes introducing 88 different e-services for citizens and businesses, and redesigning 70 percent of basic e-government services.
@kod_ae
Oman announced tender to study, design and implement the unified national portal for electronic services. The initiative is part of the government’s 2021-2025 digital transformation programme, which is expected to draw investment of around $441 million.
The first phase includes introducing 88 different e-services for citizens and businesses, and redesigning 70 percent of basic e-government services.
@kod_ae
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✅ ESG Agenda Gets Ground in the UAE //
Dubai Electricity and Water Authority announced that between 2012 and 2021 its awareness campaigns helped save 2.2 terrawatt hours of electricity and 5.6 million imperial gallons (25,4 million liters) of water. This is equal to saving 1.1 million tonnes of CO2 emissions.
The industrial sector contributed mostly to saving water (29% of all the water saved), while educational institutions helped save electricity (14%). The commercial sector savings amounted to 1.3 TWh of electricity (11%) and 2.5 billion gallons of water (19%).
@kod_ae
Dubai Electricity and Water Authority announced that between 2012 and 2021 its awareness campaigns helped save 2.2 terrawatt hours of electricity and 5.6 million imperial gallons (25,4 million liters) of water. This is equal to saving 1.1 million tonnes of CO2 emissions.
The industrial sector contributed mostly to saving water (29% of all the water saved), while educational institutions helped save electricity (14%). The commercial sector savings amounted to 1.3 TWh of electricity (11%) and 2.5 billion gallons of water (19%).
@kod_ae
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🧠 Brain-Сomputer Interfaces Are Put to the Test //
Synchron Inc. that develops the brain-computer interface Stentrode has accepted the first patient into a clinical trial in the USA.
Synchron’s device, once implanted, travels to the brain via blood vessels. After it reaches the brain, the Stentrode converts brain activity into signals that allow people to text, email, shop online or perform other activities using an external device.
Brain-computer interfaces, or BCIs, can enable millions of people with disabilities to communicate more easily and participate in modern life.
This trial is a major milestone for Synchron Inc. It allows the company's implant to gain possible regulatory approval for wider use in people with paralysis.
@kod_ae
Synchron Inc. that develops the brain-computer interface Stentrode has accepted the first patient into a clinical trial in the USA.
Synchron’s device, once implanted, travels to the brain via blood vessels. After it reaches the brain, the Stentrode converts brain activity into signals that allow people to text, email, shop online or perform other activities using an external device.
Brain-computer interfaces, or BCIs, can enable millions of people with disabilities to communicate more easily and participate in modern life.
This trial is a major milestone for Synchron Inc. It allows the company's implant to gain possible regulatory approval for wider use in people with paralysis.
@kod_ae
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🤷 Up and Down //
Elon Musk created volatility in the market again. Today, the entrepreneur, an ardent opponent of NFT, unexpectedly put a monkey collage of the NFT collection Bored Ape Yacht Club on his Twitter profile picture.
This caused the collection to skyrocket in value, pulling up the value of the branded token, APE. In the blink of an eye, the increase was more than 20%.
But that's not all. A little later, Musk tweeted, "I dunno … seems kinda fungible."
The price of the collection and the token then plummeted, almost back to its original value.
@kod_ae
Elon Musk created volatility in the market again. Today, the entrepreneur, an ardent opponent of NFT, unexpectedly put a monkey collage of the NFT collection Bored Ape Yacht Club on his Twitter profile picture.
This caused the collection to skyrocket in value, pulling up the value of the branded token, APE. In the blink of an eye, the increase was more than 20%.
But that's not all. A little later, Musk tweeted, "I dunno … seems kinda fungible."
The price of the collection and the token then plummeted, almost back to its original value.
@kod_ae
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📲 Saudi Banks Embrace Digitalisation //
Saudi fintech industry experienced rapid growth at the end of the previous decade and the kingdom now is set to become a new regional financial hub.
@kod_ae
Saudi fintech industry experienced rapid growth at the end of the previous decade and the kingdom now is set to become a new regional financial hub.
@kod_ae
Durov's Code
Saudi Banking Sector Embraces Digitalisation
The number of bank branches declined by 6 percent between 2017 and 2021. ATMs saw a ten percent drop over the same period.
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💰 UAE Central Bank raises base rate by 50 basis points //
Following the decision by the US Federal Reserve, The Central Bank of the UAE decided to raise the Base Rate applicable to the Overnight Deposit Facility by 50 basis points. The new rate is 2,25%.
The decision aims at taming rising inflation, as it accelerates across the world. Most of the countries in MENA have not experienced sharp rise in prices yet, except Turkey, where inflation achieved 70%, and recently Egypt.
@kod_ae
Following the decision by the US Federal Reserve, The Central Bank of the UAE decided to raise the Base Rate applicable to the Overnight Deposit Facility by 50 basis points. The new rate is 2,25%.
The decision aims at taming rising inflation, as it accelerates across the world. Most of the countries in MENA have not experienced sharp rise in prices yet, except Turkey, where inflation achieved 70%, and recently Egypt.
@kod_ae
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⛪️ The Pope Enters the Metaverse //
The Vatican is developing an NFT Gallery dedicated to the Catholic Church. According to the Vatican officials this step aims at extending the availability of the Vatican's heritage – manunoscripts, masterpieces, and academic initiatives.
When asked by journalists about the prospects of the project, the Church, however, declined to give more details.
@kod_ae
The Vatican is developing an NFT Gallery dedicated to the Catholic Church. According to the Vatican officials this step aims at extending the availability of the Vatican's heritage – manunoscripts, masterpieces, and academic initiatives.
When asked by journalists about the prospects of the project, the Church, however, declined to give more details.
@kod_ae
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🔐 An Unusual Alliance //
Apple, Google and Microsoft have joined forces to expand support for passwordless logins.
The companies announced expanded support for the password-free sign-in standard from the FIDO Alliance and World Wide Web Consortium, which allows users to use their smartphone to sign in to an app or website on a nearby device, regardless of the operating system or browser in use. Users will be able to unlock their smartphone using familiar actions, such as fingerprint verification, face scanning or the device's PIN.
Users will also be able to automatically access their FiDO login credentials, or ‘passkeys’, across multiple devices, including new ones, without having to re-register each account.
@kod_ae
Apple, Google and Microsoft have joined forces to expand support for passwordless logins.
The companies announced expanded support for the password-free sign-in standard from the FIDO Alliance and World Wide Web Consortium, which allows users to use their smartphone to sign in to an app or website on a nearby device, regardless of the operating system or browser in use. Users will be able to unlock their smartphone using familiar actions, such as fingerprint verification, face scanning or the device's PIN.
Users will also be able to automatically access their FiDO login credentials, or ‘passkeys’, across multiple devices, including new ones, without having to re-register each account.
@kod_ae
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🚁 Dubai Allowed to Use Drones for Civil Defence //
Drones will be used for firefighting purposes in hard-to-reach areas such as high-rise buildings, confined spaces, and warehouses containing hazardous materials.
@kod_ae
Drones will be used for firefighting purposes in hard-to-reach areas such as high-rise buildings, confined spaces, and warehouses containing hazardous materials.
@kod_ae
Durov's Code
Dubai Allowed to Use Drones for Civil Defence
The UAE’s General Civil Aviation Authority (GCAA) gave the General Directorate of Civil Defence in Dubai approval to use unmanned aircraft systems to support its daily operations.
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💸 Elon Musk Secured Extra $7 bln for his Twitter Deal //
Among the new backers is Saudi Prince Alwaleed bin Talal, who previously was vehemently opposed to the deal. The prince promised to commit a total of $1.9 billion worth of Twitter shares to support Musk's proposed buyout. He also said Musk would be an "excellent leader" for the company.
The group of investors also includes a cryptocurrency exchange Binance ($500 mln), Oracle co-founder Larry Ellison ($1 bln), Sequoia Capital Fund ($800 mln) and American venture capital AH Capital Management connected to Andreessen Horowitz ($400 mln).
Musk also succeeded in attracting some Middle East investors, such as Qatar's sovereign wealth fund Qatar Investment Authority ($375 mln) and Dubai-based investment firm Vy Capital ($700 mln).
@kod_ae
Among the new backers is Saudi Prince Alwaleed bin Talal, who previously was vehemently opposed to the deal. The prince promised to commit a total of $1.9 billion worth of Twitter shares to support Musk's proposed buyout. He also said Musk would be an "excellent leader" for the company.
The group of investors also includes a cryptocurrency exchange Binance ($500 mln), Oracle co-founder Larry Ellison ($1 bln), Sequoia Capital Fund ($800 mln) and American venture capital AH Capital Management connected to Andreessen Horowitz ($400 mln).
Musk also succeeded in attracting some Middle East investors, such as Qatar's sovereign wealth fund Qatar Investment Authority ($375 mln) and Dubai-based investment firm Vy Capital ($700 mln).
@kod_ae
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👠 Gucci Stores Start Accepting Payments in Cryptocurrencies //
Starting from the end of May customers in some Gucci stores in New York, Los Angeles, Miami, Atlanta and Las Vegas will be able to pay using digital tokens.
At the time the company says it will accept 10 cryptocurrencies including Bitcoin, Bitcoin Cash, Etherium, Dogecoin and Shiba Inu. The company joins fashion designer Philipp Plein, whose online store started accepting crypto payments in 2021.
@kod_ae
Starting from the end of May customers in some Gucci stores in New York, Los Angeles, Miami, Atlanta and Las Vegas will be able to pay using digital tokens.
At the time the company says it will accept 10 cryptocurrencies including Bitcoin, Bitcoin Cash, Etherium, Dogecoin and Shiba Inu. The company joins fashion designer Philipp Plein, whose online store started accepting crypto payments in 2021.
@kod_ae
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📊Is NFT Market Down in 2022? //
A new report from Chainanalysis suggests the market is set to grow even bigger in 2022, despite the crash it suffered in February.
@kod_ae
A new report from Chainanalysis suggests the market is set to grow even bigger in 2022, despite the crash it suffered in February.
@kod_ae
Durov˙s Code
Is NFT Market Down?
Even though it seemed that the market crashed in February, it has stabilized by May, as NFT activity ebbs and flows month to month, the report says
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🧐 Riders Get Compensated after Strike //
London-based Deliveroo launched investigation after claims by riders in the UAE who said they had to pay for employment visas out of their own pockets.
Riders claim they paid thousands of dirhams to third-party agencies in order to receive UAE work permits and were not reimbursed by their employer in a clear violation of the UAE law.
Recently Deliveroo riders in Dubai went on a strike protesting service’s new payment policies.
@kod_ae
London-based Deliveroo launched investigation after claims by riders in the UAE who said they had to pay for employment visas out of their own pockets.
Riders claim they paid thousands of dirhams to third-party agencies in order to receive UAE work permits and were not reimbursed by their employer in a clear violation of the UAE law.
Recently Deliveroo riders in Dubai went on a strike protesting service’s new payment policies.
@kod_ae
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🪝 Fake YouTube Helped Hackers //
Users have suffered from the hacking of the OpenSea Discord server. Some of their NFTs fell into the wrong hands.
@kod_ae
Users have suffered from the hacking of the OpenSea Discord server. Some of their NFTs fell into the wrong hands.
@kod_ae
Durov's Code
OpenSea’s Official Discord Hacked
Victims believed they could get one of the first NFTs from the fake YouTube project.
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📌 Leak //
A Telegram Premium subnoscription will double some of the messenger's limits. Pictured is a proposal to increase the limit of pinned dialogues from 5 to 10, and it's also known that with a subnoscription, up to 20 chat folders can be created instead of the current 10.
Other limits:
- Total number of chats per folder (100 → 200).
- Maximum of supergroup channels (500 → 1000).
- Limit of pinned chats within a folder (100 → 200).
- Maximum of public links for channels and supergroups (10 → 20).
- Number of favourite stickers (5 → 10).
- Maximum number of saved GIFs (200 → 400).
We have already told you about other advantages of the future Telegram Premium subnoscription in our article.
@kod_ae
A Telegram Premium subnoscription will double some of the messenger's limits. Pictured is a proposal to increase the limit of pinned dialogues from 5 to 10, and it's also known that with a subnoscription, up to 20 chat folders can be created instead of the current 10.
Other limits:
- Total number of chats per folder (100 → 200).
- Maximum of supergroup channels (500 → 1000).
- Limit of pinned chats within a folder (100 → 200).
- Maximum of public links for channels and supergroups (10 → 20).
- Number of favourite stickers (5 → 10).
- Maximum number of saved GIFs (200 → 400).
We have already told you about other advantages of the future Telegram Premium subnoscription in our article.
@kod_ae
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🏃♂️ Health is Under Control //
The vast majority of people in the UAE want to adopt more wearable health technology or applications.
@kod_ae
The vast majority of people in the UAE want to adopt more wearable health technology or applications.
@kod_ae
Durov's Code
Most People in the UAE Intend to Use Medical Wearables to Monitor Their Health in 2022
In the UAE, 95% believe that wearable technology now has the potential to positively change their personal health.
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🚔 Artificial Intelligence Guards the Emirate //
Abu Dhabi Police use artificial intelligence to improve security in Abu Dhabi.
@kod_ae
Abu Dhabi Police use artificial intelligence to improve security in Abu Dhabi.
@kod_ae
Durov's Code
Artificial Intelligence Enhances Road Safety in Abu Dhabi
One of the reasons for the high level of safety in Abu Dhabi is the use of advanced technology.
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🔗 Focus on Morale and Protection from Data Breaches //
Dubai-based IT service provider Truly Secure and employee engagement platform Workfam decided to collaborate on employee solutions to further raise the barrier of protection in the HR sector.
@kod_ae
Dubai-based IT service provider Truly Secure and employee engagement platform Workfam decided to collaborate on employee solutions to further raise the barrier of protection in the HR sector.
@kod_ae
Durov's Code
Dubai-Based Companies Team Up to Focus on Employee Morale and Protect HR Sector from data breaches
The partnership aims to improve the security of businesses across various sectors.
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🛴 Concern for e-Scooter Riders in the UAE //
The initiative, developed by the Federal Road Traffic Council, acting on behalf of the Ministry of the Interior, urges drivers to follow safety rules when riding an e-scooter.
The campaign, launched under the slogan 'Traffic Safety for e-scooter users', aims to raise drivers' awareness of the rules of the road. They will be disseminated through field workers and police patrols will ensure that all safety rules are followed.
Recall that e-scooter riders must ride on designated lanes and wear helmets at all times. They must wear knee pads and reflective clothing when riding, especially at night.
@kod_ae
The initiative, developed by the Federal Road Traffic Council, acting on behalf of the Ministry of the Interior, urges drivers to follow safety rules when riding an e-scooter.
The campaign, launched under the slogan 'Traffic Safety for e-scooter users', aims to raise drivers' awareness of the rules of the road. They will be disseminated through field workers and police patrols will ensure that all safety rules are followed.
Recall that e-scooter riders must ride on designated lanes and wear helmets at all times. They must wear knee pads and reflective clothing when riding, especially at night.
@kod_ae
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