Trend Micro’s mid-year roundup report highlights resilience of threat actors HONG KONG SAR – Media OutReach Newswire – 27 August 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) a global cybersecurity leader, today warned that threat actors have bounced back from recent law enforcement efforts to unleash a new wave of attacks leveraging AI and other techniques. Read the report “Pushing the Outer Limits: Trend Micro […]
BEIJING, CHINA – Media OutReach Newswire – 26 August 2024 – After achieving the world’s first humanoid running with a full-sized pure electric humanoid robot, “Tiangong” has demonstrated new skills. Walker S Lite has started its training in automotive smart factories, and the world’s first orthopedic surgical robot equipped with AI deep learning technology has been unveiled. Soft robots have also broken through industrial application bottlenecks. On […]
A groundbreaking joint venture between Marlan Space, a subsidiary of International Holding Company (IHC), and U.S.-based Loft Orbital marks a significant milestone for the United Arab Emirates’ burgeoning space sector. This new venture, named Orbitworks, is set to become the first private space infrastructure company in the Middle East, focusing on the production of commercial low Earth orbit (LEO) satellite constellations.
With an initial investment exceeding $100 million, Orbitworks plans to construct a state-of-the-art facility in the UAE, where up to 50 satellites weighing 500 kilograms each will be produced annually. The facility, expected to begin operations by early 2025, will leverage advanced hardware and software technologies to meet the growing demand for satellite-based services in telecommunications, Earth observation, and scientific research.
Loft Orbital, established in 2017 and known for its rapid and reliable deployment of payloads into space, brings substantial expertise to the partnership. The company’s CEO, Pierre-Damien Vaujour, emphasized the importance of this collaboration in advancing the UAE’s space ambitions. He noted that Loft Orbital is excited to support the UAE’s vision of becoming a global space powerhouse.
The collaboration also includes partnerships with local technology providers and component manufacturers, ensuring that the UAE’s ecosystem is deeply integrated into the project. Orbitworks aims to bolster the UAE’s AI capabilities by offering a straightforward path for AI companies to deploy their applications into orbit.
This joint venture is poised to play a pivotal role in the UAE’s strategy to become a leader in the global space industry. The first satellite from this venture is anticipated to be launched as early as the first quarter of 2026, reflecting the rapid progress of this ambitious project.
SHANGHAI, CHINA – Media OutReach Newswire – 22 August 2024 – The adoption of Artificial intelligence (AI) among Mainland Chinese companies has increased steadily over the past three years and is expected to surge in the next 12 months. CPA Australia’s Business Technology Survey 2024 Nearly half of surveyed accounting and finance professionals in Mainland China expect their business will increase the use of AI in the […]
Priority of innovation in finance in China likely to drive further investment HONG KONG SAR – Media OutReach Newswire – 23 August 2024 – Fintech investments in China made a modest recovery towards the end of 2023 and trickled over into 2024. Among the top ten fintech deals in ASPAC, five originated from Chinese Mainland and Chinese Hong Kong. Despite the regulatory hiccups in China, fintech is […]
Google Keep, the popular note-taking app, is introducing an advanced AI-driven feature on Android devices. This new functionality, named ‘Help Me Create a List,’ is designed to assist users in effortlessly generating and managing their lists for tasks like shopping and to-dos. The feature leverages artificial intelligence to simplify the list creation process. Users can prompt the app with specific instructions, such as “create a grocery list” […]
Linux users of Proton VPN now have access to the WireGuard protocol, a significant upgrade aimed at improving speed and security. This long-awaited feature is part of Proton VPN’s broader initiative to offer a more robust and efficient service for its users, particularly those on Linux platforms. WireGuard is renowned for its lightweight and modern approach to VPN technology, offering faster connection speeds and enhanced security compared […]
VinFast is counting on excellent warranty and aftersales support to dispel doubts about EV reliability and drive adoption. With a 10-year warranty on both vehicle and battery, the Vietnamese automaker is setting a new standard for consumer confidence in the electric vehicle market. HANOI, VIETNAM – Media OutReach Newswire – 23 August 2024 – The electric vehicle (EV) market is at a crossroads. While overall sales have […]
AD Ports Group has emerged as a leader in the maritime industry through its strategic emphasis on digitalization, as outlined in its white paper titled “Digitalisation for Enhanced Efficiency: Leveraging Data for Smart Ports.” This publication delves into the transformative role that digital technologies such as IoT, AI, and blockchain are playing in modernizing traditional port operations, particularly in regions like Asia, Africa, and South America. The […]
LIMASSOL, CYPRUS – Media OutReach Newswire – 21 August 2024 – Appier, a software-as-a-service (SaaS) company that uses artificial intelligence (AI) to power business decision-making, is proud to announce the success of its campaign with Murka, an international game developer renowned for its social casino and casual games. Utilizing Appier’s AIBID solution, Murka achieved substantial growth across its social casino titles, driving impressive returns on advertising spend […]
As Indonesia advances as a technological and economic powerhouse in Southeast Asia, its cybersecurity landscape is becoming increasingly perilous. The country, recognized for its burgeoning technology sector and strategic significance in finance and logistics, now faces an escalating threat from cybercriminals and state-sponsored hackers. A comprehensive report on Indonesia’s cyber threat environment for 2024 highlights several critical trends. The growing sophistication of attacks is a prominent concern, […]
CockroachDB, a distributed SQL database, is making a significant shift in its licensing model. Starting November 2024, Cockroach Labs will discontinue its open-source Core version, consolidating its offerings under the CockroachDB Enterprise edition. This move will make advanced features accessible to a broader range of users, including small businesses and individual developers, who will now benefit from capabilities previously restricted to paying customers. Cockroach Labs announced that […]
Riyadh Air has taken a significant step toward reducing carbon emissions by unveiling the first electric bus in its transportation fleet. This move aligns closely with Saudi Arabia’s Vision 2030, which emphasizes environmental sustainability and technological advancement as key pillars of the Kingdom’s future development. The electric bus fleet, which is primarily intended for employee transport, was developed in collaboration with National Transportation Solutions Co., a subsidiary […]
T2, a prominent Saudi Arabian investment group, has secured a controlling stake in Jordan’s Smart Way Business Solutions, marking a significant expansion in its regional technology investments. This strategic move reflects T2’s commitment to strengthening its foothold in the Middle Eastern tech industry and leveraging Jordan’s growing digital sector. The acquisition deal, finalized this week, sees T2 obtaining a 60% share in Smart Way Business Solutions, a […]
Intel is preparing to release a critical microcode update aimed at resolving an issue that has affected its 13th Gen processors since their launch. The update, expected by mid-August, comes after months of reported performance inconsistencies, which have frustrated users and garnered attention from industry analysts. The microcode issue, which involves the firmware embedded in the processors, has been linked to a variety of problems, including unexpected […]
HONG KONG SAR – Media OutReach Newswire – 19 August 2024 – Quantum simulation enables scientists to simulate and study complex systems that are challenging or even impossible using classical computers across various fields, including financial modelling, cybersecurity, pharmaceutical discoveries, AI and machine learning. For instance, exploring molecular vibronic spectra is critical in understanding the molecular properties in molecular design and analysis. However, it remains a long-standing […]
Pop!_OS 24.04 LTS, the latest release from System76, has introduced the highly anticipated COSMIC desktop environment, now available in its alpha stage. This marks a significant development in the Linux community, as COSMIC is built from scratch using the Rust programming language, offering a unique and highly customizable experience. COSMIC’s debut within Pop!_OS 24.04 LTS brings a range of innovative features designed to enhance user control over […]
Broadened network to provide global coverage for gaming clients ISTANBUL, TÜRKİYE – Media OutReach Newswire – 14 August 2024 – TDCX, an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, is deepening its support for clients in the gaming sector with the expansion of its campus in Istanbul, Türkiye. The country has seen an increase in the number of gaming start-ups over the […]
Abu Dhabi’s initiative to broaden the scope of its freelancer licence has introduced 30 additional activities, aiming to enhance opportunities for skilled professionals across various fields. The Abu Dhabi Business Centre (ADBC) made the announcement, which marks a significant step in the city’s ongoing efforts to position itself as a leading hub for talent and innovation. Among the new activities now eligible under the freelancer licence are […]
Amidst a slowdown in the electric vehicle (EV) market, automakers like VinFast are doubling down on after-sales services to instill confidence and win over hesitant consumers. HANOI, VIETNAM – Media OutReach Newswire – 15 August 2024 – The EV market is facing challenges, and sales are slowing. Multiple reports and analyses have attempted to offer an explanation for this, but one thing is clear: To win over […]
Starting in 2025, cryptocurrency investors will face new reporting requirements with the introduction of Form 1099-DA. This forthcoming form will streamline the reporting process for digital assets, aiming to improve transparency and compliance for investors and tax authorities alike. The Form 1099-DA will replace the existing reporting mechanisms used for cryptocurrencies and digital assets. Designed to capture detailed information on transactions involving these assets, the new form […]
Safeguarding AI and business resilience with NVIDIA NIM HONG KONG SAR – Media OutReach Newswire – 12 August 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) has launched multiple efforts to shape the future of AI implementation by enterprises and governments. The new solution, included in Trend Micro’s Vision One™ Sovereign Private Cloud — powered by NVIDIA NIM microservices, part of the NVIDIA AI Enterprise software […]
Net Revenues increased by 27% to 96.6 (76.2) €m 26% fx adjusted Organic Revenue Growth (Q2’23: 1%) 33% increase in number of Software Clients to 851 (Q2’23: 642) 24% increase in Ad Impressions to 224 billion (Q2’23: 181 billion) Adjusted EBITDA increased by 37% to 29.1 (21.3) €m Structurally improved EBITDA margin of 30% (Q2’23: 28%) due to growing operating leverage Adjusted Net Debt Leverage Ratio reduced […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 9 August 2024 – The services sector continues to lead growth among SMEs. At the recently held Golden Bull Award 2024, 65.3 percent of all the winners were from the services sector, including in retail and wholesale, professional and business services, IT and education. The manufacturing sector accounted for 23.9 percent of the winners, with the construction and agriculture […]
