🔐 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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🧠 Memory Analysis Company Purchase //
Toronto-listed Magnet Forensics, a developer of digital investigation solutions for more than 4,000 businesses and public safety organisations in more than 100 countries, has acquired the strategic IP assets of UAE-based cybersecurity company Comae Technologies, which specialises in cloud-based memory analysis used to recover evidence from the volatile memory of devices.
Magnet Forensics will use this deal to accelerate the development of its memory analysis platform within Magnet Idea Lab, an incubator comprising hundreds of investigators and analysts from leading police agencies and enterprises.
For enterprises, memory analysis could be the key to identifying compromised devices in a malware or ransomware attack. In incident investigations, memory analysis allows agencies to recover hidden evidence and understand what happened on the devices.
@kod_ae
Toronto-listed Magnet Forensics, a developer of digital investigation solutions for more than 4,000 businesses and public safety organisations in more than 100 countries, has acquired the strategic IP assets of UAE-based cybersecurity company Comae Technologies, which specialises in cloud-based memory analysis used to recover evidence from the volatile memory of devices.
Magnet Forensics will use this deal to accelerate the development of its memory analysis platform within Magnet Idea Lab, an incubator comprising hundreds of investigators and analysts from leading police agencies and enterprises.
For enterprises, memory analysis could be the key to identifying compromised devices in a malware or ransomware attack. In incident investigations, memory analysis allows agencies to recover hidden evidence and understand what happened on the devices.
@kod_ae
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🏫 The eCommerce Academy for SMEs //
The UAE Ministry of Economy and Google launch a special programme for small and medium-sized enterprises and start-ups.
@kod_ae
The UAE Ministry of Economy and Google launch a special programme for small and medium-sized enterprises and start-ups.
@kod_ae
Durov's Code
The UAE Ministry of Economy Launches the SkillUp Embark Programme with Google
The SkillUp Embark programme provides free intensive training for small and medium-sized businesses.
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Dubai Ranked First in Attracting FDI //
According to the annual "DUBAI FDI Results & Rankings Highlights Report 2021" Dubai improved its positions across key FDI attraction metrics, ranking first in MENA and third globally, up from fourth place last year, in FDI capital inflows.
In total, Dubai attracted 618 FDI projects in 2021 estimated at Dh26 billion ($7bn), up 5.5 per cent compared to the previous year. Among them are 148 greenfield FDI projects.
In 2021 FDI projects also created 24,868 jobs, which is 36 per cent more than the previous year, the report says.
@kod_ae
According to the annual "DUBAI FDI Results & Rankings Highlights Report 2021" Dubai improved its positions across key FDI attraction metrics, ranking first in MENA and third globally, up from fourth place last year, in FDI capital inflows.
In total, Dubai attracted 618 FDI projects in 2021 estimated at Dh26 billion ($7bn), up 5.5 per cent compared to the previous year. Among them are 148 greenfield FDI projects.
In 2021 FDI projects also created 24,868 jobs, which is 36 per cent more than the previous year, the report says.
@kod_ae
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✈️ The Future of Aviation is Made in Saudi Arabia //
Future Aviation Forum kicks off today in Saudi Arabia, the country that is set to become the next global aviation hub.
@kod_ae
Future Aviation Forum kicks off today in Saudi Arabia, the country that is set to become the next global aviation hub.
@kod_ae
Durov's Code
Saudi Arabia's Growing Aviation Ambitions
The kingdom has recently established partnerships with the leading companies in the sector aimed at transforming the market.
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🌆 Startup Ecosystem in MENA Update //
Careem, YallaMarket, Rain and Dubai's new VC Fund. Everything you need to know about startup ecosystem changes in April.
@kod_ae
Careem, YallaMarket, Rain and Dubai's new VC Fund. Everything you need to know about startup ecosystem changes in April.
@kod_ae
Durov's Code
Top Startup and VC News in MENA in April
We chose five most important points for you.
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🥺 The End of Stablecoins? //
Algorithmic stablecoins that should have played the role of safe haven in the chaos of crypto, instead, can provoke more volatility.
Against the background of Bitcoin crash, UST coin plunged 30 per cent. It clawed back some of its losses, but is still below its dollar peg. All the mechanisms, that were supposed to keep UST price at $1, seemingly stopped working, which resulted in an unprecedented crash in the cryptomarkets.
@kod_ae
Algorithmic stablecoins that should have played the role of safe haven in the chaos of crypto, instead, can provoke more volatility.
Against the background of Bitcoin crash, UST coin plunged 30 per cent. It clawed back some of its losses, but is still below its dollar peg. All the mechanisms, that were supposed to keep UST price at $1, seemingly stopped working, which resulted in an unprecedented crash in the cryptomarkets.
@kod_ae
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💰 Largest Investment in Egyptian Fintech //
Egypt’s fintech startup Paymob has recently raised $50 million in Series B round. The funding provided by PayPal’s corporate venture firm Paypal Ventures, London’s Clay Point and New York’s Kora Capital will be used to expand into the Gulf and North Africa.
Paymob enables merchants to accept digital payments both online and in-store and offers access to financial services.
@kod_ae
Egypt’s fintech startup Paymob has recently raised $50 million in Series B round. The funding provided by PayPal’s corporate venture firm Paypal Ventures, London’s Clay Point and New York’s Kora Capital will be used to expand into the Gulf and North Africa.
Paymob enables merchants to accept digital payments both online and in-store and offers access to financial services.
@kod_ae
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1️⃣ The First of its Kind //
Dubai-based incubation platform CE-Creates announced merger with Abu Dhabi-based venture builder hatch & boost, in what will be the first incubation platform merger in MENA.
The new entity, which will operate under the name hatch & boost Ventures, plans to expand its operations across the region, particularly in Egypt and Saudi Arabia.
The incubator focuses on impact-driven startups and this year plans to nurture seven portfolio companies, which span across agritech, sustainable mobility, femtech, foodtech, and fintech.
@kod_ae
Dubai-based incubation platform CE-Creates announced merger with Abu Dhabi-based venture builder hatch & boost, in what will be the first incubation platform merger in MENA.
The new entity, which will operate under the name hatch & boost Ventures, plans to expand its operations across the region, particularly in Egypt and Saudi Arabia.
The incubator focuses on impact-driven startups and this year plans to nurture seven portfolio companies, which span across agritech, sustainable mobility, femtech, foodtech, and fintech.
@kod_ae
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