Ubisoft is expanding its investment in generative artificial intelligence as project delays, cancellations and workforce reductions continue to weigh on one of the industry’s largest publishers, signalling a strategic bet that automation can stabilise pipelines and control costs while reshaping how blockbuster games are built. The company has been grappling with uneven release schedules and rising development budgets across its global studios, prompting leadership to prioritise tools […]
A major ransomware intrusion at a key manufacturing partner of Apple has intensified concerns over cyber resilience across global electronics supply chains, after attackers claimed to have stolen more than one terabyte of confidential data linked to unreleased products and internal operations. The attack, attributed to the criminal group RansomHub, targeted Luxshare, a long-standing supplier involved in assembling and producing components for flagship consumer devices. Information circulating […]
Scientists have demonstrated a dependable method to generate large numbers of helper T cells from stem cells, removing a long-standing obstacle that has limited immune-based cancer treatments. The advance centres on mastering a developmental signal that decides which subtype of T cell emerges, allowing researchers to consistently produce the immune system’s key coordinators rather than a mixed and unpredictable population. Helper T cells do not usually kill […]
Africa’s fashion sector gathered fresh momentum in Nairobi as Core Fashion Kenya, working with the United Nations Economic Commission for Africa, convened designers, manufacturers, policymakers and investors during the Hub of Africa Fashion Week to map pathways for scaling an industry valued at about $31 billion. The discussions centred on moving beyond fragmented national markets to build continent-wide supply chains, strengthen manufacturing depth and unlock export growth […]
Wall Street trading desks are quietly reducing exposure to one of the most dependable strategies in the digital-asset universe, signalling a shift in how large financial players view risk and reward in crypto markets. The so-called bitcoin basis trade, long prized for delivering steady, low-volatility returns, is showing signs of strain as funding costs rise, spreads compress and market dynamics evolve. The basis trade involves exploiting the […]
BitGo set the price for its initial public offering at $18 a share, presenting itself to public-market investors as a steadier institutional infrastructure business rather than a bet on volatile crypto trading volumes. The pricing places the company at the lower end of expectations circulating among bankers and analysts, reflecting a cautious market for digital-asset listings even as broader equity indices show resilience. Founded in 2013, BitGo […]
Simulation gaming is entering a decisive phase as developers line up ambitious releases for 2026, aiming to blur the boundary between play, creativity and complex systems modelling. Studio roadmaps, technology showcases and early access builds indicate a year shaped by expansive virtual environments, advanced artificial intelligence and a growing crossover between entertainment, education and professional training. Momentum has been building through 2025, with simulation titles benefiting from […]
Boston Dynamics’ four-legged robot, widely known as the robot dog, has moved from laboratory demonstrations into everyday industrial and public-sector settings, reflecting a shift in how mobile robotics is being adopted across inspection, safety and data-collection roles. The machine, marketed as Spot, is designed to traverse environments that are difficult or hazardous for humans, combining advanced mobility with sensors and autonomous navigation software. Developed by Boston […]
Wall Street posted a powerful advance during the latest trading session, adding an estimated $700 billion to the combined value of listed companies as investors pushed major indices higher on a mix of easing inflation signals, resilient corporate earnings and renewed appetite for growth shares. The move underscored the scale at which US equity markets can reprice within hours when sentiment aligns across sectors. The benchmark S&P […]
GitLab has issued urgent security updates to address multiple high-severity vulnerabilities that could allow attackers to bypass two-factor authentication and disrupt service availability, prompting strong advisories for organisations running self-managed instances to upgrade without delay. The company confirmed that patched versions 18.8.2, 18.7.2 and 18.6.4 for both Community Edition and Enterprise Edition close a set of flaws affecting authentication controls and system resilience. GitLab. com, the hosted […]
Google has expanded its Workspace analytics by integrating detailed Google Meet usage metrics directly into the Gemini reports dashboard, giving organisations a consolidated, AI-driven view of how meetings shape productivity and collaboration. The rollout, confirmed for early 2026, allows administrators and managers to examine meeting duration, participation patterns, frequency, and engagement signals alongside broader Workspace data, marking a notable step in Google’s effort to embed artificial intelligence […]
HONG KONG SAR – Media OutReach Newswire – 21 January 2026 – Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), has joined about 3,000 world leaders attending the 56th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland (January 19-23). During the WEF Annual Meeting 2026, themed “A Spirit of Dialogue”, Mr Chan attends, speaks and joins discussions at several keynote meetings, luncheons and dinners. He also meets with political, business and financial leaders to brief them on the latest situation in Hong Kong as well as the city’s new opportunities.
Mr Chan attended a breakfast reception hosted by virtual asset enterprise Animoca Brands, headquartered in Hong Kong, yesterday (January 20). Speaking at the meeting, Mr Chan said that Hong Kong adopts a proactive yet prudent approach to the development of digital assets guided by the principle of “same activity, same risk, same regulation” to promote responsible and sustainable market development. Since 2023, Hong Kong has issued licences to 11 virtual asset trading platforms, and a licensing regime for stablecoins is expected to be launched later this year. The Financial Secretary also noted the HKSAR Government’s leadership role in promoting tokenisation, including the issuance of three batches of tokenised green bonds amounting to around US$2.1 billion.
Mr Chan also engaged with a number of officials from different economies and regional organisations attending the WEF Annual Meeting, including Deputy Prime Minister and the Minister of Finance of Thailand, Mr Ekniti Nitithanprapas; the Secretary-General of the Cooperation Council for the Arab States of the Gulf, Mr Jasem Mohamed Albudaiwi; the Minister of Investment and Foreign Trade of Egypt, Mr Hassan El Khatib; and the State Secretary for International Finance at the Federal Department of Finance of Switzerland, Ms Daniela Stoffel. They exchanged views on the global political and economic landscape and issues of mutual concern, and explored opportunities to strengthen collaboration in areas such as trade, finance, industry development and digital transformation.
During a meeting with the Director-General of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala, Mr Chan reiterated that Hong Kong, China firmly supports free trade and multilateralism, and expressed support for the WTO’s efforts to pursue reforms in response to current global challenges, with a view to enhancing its agility in addressing emerging issues in international trade.
HKSAR’s Financial Secretary Paul Chan (right) meets with the Director-General of the World Trade Organization, Dr Ngozi Okonjo-Iweala, in Davos, Switzerland
On arriving Davos (January 19), Mr Chan began his visit programme by meeting with the Minister of Economy of the Sultanate of Oman, H.E. Dr Said Mohammed Al-Saqri. During the meeting, the two sides discussed ways to deepen mutually beneficial cooperation in areas such as finance, trade, green transformation and industrial development.
Mr Chan said that Hong Kong’s advantages as a “super connector” could support Oman’s transitioning from an oil-driven growth model towards a more diversified economic structure. He said that Hong Kong could facilitate Chinese Mainland and Hong Kong enterprises to invest in Oman to support its infrastructure and industrial development. At the same time, Hong Kong’s status as an international financial centre in Asia could provide Omani enterprises with an ideal platform for fundraising and financing, as well as offshore Renminbi investment and risk management products.
Mr Chan will continue his programme in Davos, including participating at the 2026 Davos-Caixin CEO Luncheon and the “How to Finance Decarbonization?” session of the WEF Annual Meeting, before returning to Hong Kong on January 24 morning.
A research team from the University of Tokyo has outlined a new approach to training large language models that aims to curb sensitive data leakage while preserving performance, addressing one of the most pressing challenges facing artificial intelligence developers as regulation tightens worldwide. The study, titled Crypto-LLM, proposes encrypting large volumes of training text before it is fed into a model, preventing the system from memorising personal […]
Arabian Post Staff -Dubai Ras Abu Fontas Power, a project company linked to one of Qatar’s largest power and water complexes, has signed a financing agreement of about $990 million with the Japan Bank for International Cooperation, marking one of the most substantial bilateral development-backed commitments to the Gulf’s utilities sector this year. The agreement underpins the long-term funding structure of the Ras Abu Fontas facility, a […]
Arabian Post Staff -Dubai Abu Dhabi’s sovereign wealth fund Mubadala is stepping up its push into artificial intelligence and robotics, positioning the twin technologies as a central driver of industrial growth and a compass for future capital allocation, according to remarks by its chief executive at the World Economic Forum in Switzerland. The $330 billion investor, formally known as Mubadala Investment Company, has been widening its exposure […]
Raaga, a Chennai-based music streaming platform with a large global audience, has confirmed a significant data breach that led to the exposure of personal information linked to more than 10.2 million user accounts, triggering renewed scrutiny of data protection practices across consumer digital platforms. The company acknowledged that a database containing user details was unlawfully accessed and later advertised for sale on an underground hacking forum during […]
Bandcamp has moved to bar music generated wholly or in substantial part by artificial intelligence, while Sweden’s official charts have removed a charting song after determining that it was largely AI-produced, marking a coordinated pushback by platforms and institutions against the growing presence of synthetic music in mainstream distribution. Bandcamp, a widely used platform for independent artists and labels, confirmed that it will no longer allow […]
Portugal’s gambling regulator has instructed crypto-based prediction market Polymarket to cease offering its services in the country within 48 hours, intensifying scrutiny of online platforms that allow users to wager on political and real-world outcomes without national authorisation. The Serviço de Regulação e Inspeção de Jogos, which oversees gambling activity under Portugal’s Tourism Authority, said the platform was operating illegally by facilitating bets without a licence and […]
The sharp fall in the dollar and the sudden sell-off in US equity futures this week are early signals of a deeper problem with President Donald Trump’s escalating confrontation over Greenland. What’s being framed by the White House as a strategic gambit risks becoming an economic and financial self-own, with consequences that undermine the very US interests the policy claims to defend. Markets react first not to […]
MCP servers are emerging as a practical backbone for how advanced AI systems interact with real-world data and software, shifting the focus from monolithic models to modular, controllable services. Rather than embedding every capability inside a single model, MCP servers act as specialised microservices that expose clearly defined tools the AI can call on demand, allowing complex tasks to be broken into manageable, auditable steps. At […]
Vercel has unveiled a new product called Skills, positioning it as a shared marketplace of reusable capabilities for AI coding assistants and framing it internally as an “npm for AI agents”. The launch reflects growing pressure on developers and platform companies to bring consistency, security and best practices to the rapidly expanding use of autonomous and semi-autonomous coding tools across production environments. According to the company, Skills […]
Pressure is building on academic institutions across the United Kingdom to reassess their presence on X, as concerns over platform governance, content moderation and reputational risk sharpen following a series of controversies linked to the social media network owned by Elon Musk. Data tracking institutional behaviour suggests higher education may be nearing a decisive shift, with more universities poised to disengage than remain active. Debate over academic […]
OpenAI is preparing to introduce its first dedicated device later this year, marking a shift from being solely a software-led artificial intelligence company to one that also delivers consumer hardware designed around its models and services. The plan, acknowledged by people familiar with the company’s roadmap and echoed in public remarks by senior executives, signals OpenAI’s ambition to embed its technology more directly into everyday use beyond […]
France has moved to convene a meeting of Group of Seven finance ministers this week as tensions escalate with the United States over proposed tariffs linked to a high-profile dispute about Greenland. Paris is spearheading coordinated Western efforts to address what it and other European capitals describe as coercive trade threats from Washington, and to explore collective avenues for diplomatic and economic response amidst deepening strain in […]
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