News
Israeli Secure Browser Talon Raises $100m in Series A
The round includes the conversion of $17 million in SAFE (Simple Agreement for Future Equity) investments and brings the total amount raised by Talon to over $126 million.
Artem Adrianov
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Hackers Target Solana Ecosystem
According to the latest reports, over 8,000 internet-connected hot wallets have been targeted so far.
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Abu Dhabi’s G42, Amazon Web Services to Launch Global Biobanking Service
The deal allows G42 Healthcare to offer its sequencing, proteomics (large-scale study of proteins), and data analytics capabilities “to governments, population genome programs, and life science initiatives across the world".
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Israeli Start-up Secures $4b Deal to Supply Volkswagen with LiDAR Sensors
Under the deal, Innoviz will provide LiDAR technology and software to VW’s autonomous vehicles unit called CARIAD starting in 2025.
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Uber Reports Net Loss of $2.6 bln for Q2
However, the company reported posted $382 million in free cash flow for the first time ever, beating market analysts' estimates.
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MENA is Second Globally by the Average Cost of Data Breach
The MENA region continues to hold the second position globally by the average total cost of a data breach for a business ($7.64M up from $6.93M in 2021).
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UAE Companies Offer Golden Visa for New Recruits in Key Positions
Along with high salary and generous bonus packages, some businesses in the UAE have started offering Gollden Visa status for their latest recruits in key roles.
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SEC Charges 11 in $300m Crypto Pyramid Scheme
The scheme's website allowed millions of retail investors to enter into transactions via smart contracts and earn profits by recruiting others
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US to Block TSMC, Intel From Expanding Chip Production in China
According to the bill, companies that receive the funding have to promise not to increase their production of advanced chips in China.
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UAE Issues New Guidance on Anti-Money Laundering
The move comes after the UAE was added to the Grey List by the Financial Action Task Force.
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UAE Gets Serious about Government Digital Transformation
The committee will supervise the UAE's digitisation plans and enhance the readiness, competitiveness and alignment between projects and the digital systems of the UAE federal agencies.
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Xiaomi Unveils Glasses with 15x Hybrid Zoom
The glasses are intended primarily for augmented reality – the manufacturer has made a clear emphasis on the function of translating inscriptions.