Category: Biz Tech

Explore the latest in business and consumer technology with Arabian Post’s Biz Tech section — your hub for cutting-edge innovation, Future Dubai tech, and emerging digital trends. From AI, fintech, and cybersecurity to smart cities, mobility, and personal tech, we cover the breakthroughs shaping tomorrow’s world today.

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A new co-working space aimed at promoting sustainable building practices has been launched by the Emirates Green Building Council (EmiratesGBC). The Sustainability Lounge, which is designed specifically for members, was inaugurated by Cristina Gamboa, CEO of the World Green Building Council, alongside Khaled Bushnaq, Chairman of EmiratesGBC. This initiative reflects a commitment to fostering collaboration among industry professionals dedicated to sustainability in the built environment. Located within the EmiratesGBC headquarters, the Sustainability Lounge is equipped with state-of-the-art facilities intended to facilitate

SIE is poised to revive the beloved horror franchise "Siren" with an eagerly anticipated release on PlayStation 4 and PlayStation 5. This launch is scheduled for October 15, 2024, and is part of a broader offering of new games for subscribers of PlayStation Plus. The return of "Siren" marks a notable moment for fans of survival horror, promising a fresh experience while evoking the chilling atmosphere that characterized its original titles. Originally launched in 2003, "Siren" became known for its psychological

Q-CTRL, an Australian company specializing in quantum infrastructure software, has successfully raised $113 million in its Series B funding round, marking a significant achievement in the quantum technology sector. This round, which includes an additional $59 million from notable investors, underscores growing confidence in Q-CTRL's innovations and the broader field of quantum technology. The latest funding boost follows Q-CTRL's previous financial successes, including $27.4 million from its Series B-1 round in January 2023 and a $2 million add-on earlier in July

Network as a Service (NaaS) provider Megaport has entered the Italian market by establishing Points of Presence (PoPs) in Milan. This strategic move includes partnerships with prominent data center operators such as AtlasEdge, Data4, Equinix, and Retelit, enhancing Megaport's ability to offer high-speed, scalable connectivity solutions to enterprises in the region. The expansion reflects Megaport's commitment to supporting the growing demand for flexible, cloud-based networking solutions across Europe. Milan stands out as a significant hub for digital transformation in Italy, making

Tesla's unveiling of its Optimus humanoid robot during its latest event showcased significant advancements, positioning it as a leading contender in the robotics space. While the much-anticipated robotaxi, now branded as the "Cybercab," generated considerable buzz, Optimus captured the spotlight with its potential to perform a wide range of tasks, emphasizing Tesla's ambition to merge artificial intelligence with practical applications in everyday life. Elon Musk, the CEO of Tesla, described the Optimus robot as capable of "doing anything you want," signaling

Tesla CEO Elon Musk presented the Optimus AI robot at a Tesla event, showcasing its capability to perform everyday tasks. The event, which was aimed at demonstrating the potential of advanced robotics, included a significant focus on AI-driven automation. Optimus, Tesla’s humanoid robot, performed several activities, including bartending, serving drinks to attendees. This public display marks a new milestone in Tesla’s pursuit of humanoid robots that can assist with both household and industrial tasks. Musk, during the presentation, emphasized Optimus' versatility,

Valve has confirmed that its highly anticipated handheld gaming device, the Steam Deck, will officially launch in Australia in November 2024. This announcement comes after an extended wait for Australian consumers eager to purchase the device directly without relying on third-party resellers. The company has expressed excitement over this launch, emphasizing the importance of catering to local gamers who have been eagerly anticipating the Steam Deck's arrival. The Steam Deck will be available in three versions, each tailored to different gaming

A significant issue has emerged following Microsoft's decision to integrate its Windows Recall feature into the 24H2 update of Windows 11, leading to reported malfunctions in File Explorer. Users are expressing frustration as disabling this feature inadvertently results in critical functionalities being compromised. The rollout of the 24H2 update introduced Windows Recall as a core feature designed to enhance user experience by integrating AI capabilities, particularly the Copilot tool, into everyday tasks. However, this integration has led to unforeseen complications

A new chapter has emerged in the gaming world as a group of former ZA/UM developers has established Dark Math Games, signaling their intent to create a spiritual successor to the acclaimed role-playing game Disco Elysium. This development comes on the heels of ZA/UM's restructuring and staff layoffs, leading many of its key talents to seek new creative ventures. Dark Math Games plans to develop a detective RPG titled *XXX Nightshift*, which promises a rich single-player experience intertwined with intricate

A new study by Accenture highlights that companies embracing artificial intelligence (AI) and automation are experiencing notable performance advantages over their peers. The research indicates that 74% of firms reported their investments in automation and generative AI achieving or exceeding their expectations, with 63% planning to enhance these capabilities further by 2026. This comprehensive survey included insights from approximately 2,000 executives across various sectors. The findings underscore a growing recognition of AI's role in driving business growth. Executives believe that AI

Bitname has introduced a groundbreaking naming service aimed at enhancing user experience within the Bitcoin ecosystem. This new system offers a solution to the complexities associated with Bitcoin addresses, making it easier for users to engage in transactions. Navigating Bitcoin transactions can be cumbersome due to the lengthy alphanumeric strings that serve as addresses. These complex addresses pose a barrier to entry, particularly for newcomers to the cryptocurrency landscape. Bitname’s innovative naming service addresses this challenge by allowing users to create

Zayo Group Holdings, a leading global communications infrastructure company, is significantly expanding its 400G wavelength network to meet the increasing bandwidth demands in the New York metropolitan area. This enhancement is designed to provide high-bandwidth, low-latency connectivity for customers in New York and New Jersey, bolstering their capabilities to support the rapidly evolving digital landscape. The expansion aims to cater to diverse sectors including finance, media, and technology, which have seen a surge in data usage. As businesses increasingly rely on

Attackathons are innovative competitions designed to bolster cybersecurity by encouraging ethical hackers to identify vulnerabilities in software projects. These events facilitate a collaborative environment where whitehat hackers can showcase their skills and earn rewards while enhancing the overall security of digital platforms. Organized primarily by Immunefi in partnership with various blockchain projects, Attackathons typically unfold in three distinct phases: pre-event preparation, the main hacking event, and post-event recognition. Before the competition begins, Immunefi works closely with the hosting project to provide

A video featuring what seems to be a preview model of the forthcoming MacBook Pro M4 has sparked significant attention online, leading to warnings of a potential security threat. The leak, which originated from a Russian YouTuber, has reportedly led to a surge in fraudulent activities as scammers seek to exploit the excitement surrounding Apple’s latest release. Kaspersky, a cybersecurity firm with Russian origins, has indicated that the leaked video has triggered a wave of scamming attempts, particularly targeting individuals eager

Elon Musk has once again captured global attention with the unveiling of Tesla’s new robotaxi concept, dubbed the Cybercab. During an event that generated significant interest among tech and automotive enthusiasts, Musk announced that the vehicle is expected to hit production by 2026. With an estimated price tag below $30,000, the Cybercab is positioned to be a disruptive force in the burgeoning autonomous transportation sector. The prototype revealed was characterized by Tesla’s futuristic design cues, featuring a minimalist two-seater configuration with

Microsoft has officially announced a significant new phase in its Microsoft 365 Copilot offerings, marking a major leap in integrating artificial intelligence across its product suite. This new wave of innovation includes the introduction of advanced capabilities, with a strong focus on business efficiency and creativity. The announcement reveals Microsoft’s commitment to enhancing user experience by delivering AI-powered tools designed to streamline tasks across the Microsoft 365 ecosystem, including Excel, Word, Teams, and Outlook. Central to this latest update is the

Fortinet has launched its Security Awareness and Training Service to over 30,000 primary and secondary schools throughout Saudi Arabia, marking a significant advancement in the country’s cybersecurity education landscape. This initiative aligns with the Saudi government's commitment to enhancing cybersecurity awareness among the youth and bridging the existing skills gap in the nation. The service, which is being provided at no cost, aims to equip students and educators with essential cybersecurity knowledge and skills. By fostering a security-conscious culture in schools,

Duos Edge AI has formed a strategic partnership with Accu-Tech to enhance the deployment of edge computing infrastructure across the United States. This collaboration aims to streamline the integration of edge solutions into various sectors, significantly improving data processing capabilities and latency for businesses relying on real-time data analytics. Edge computing has emerged as a crucial component in the digital transformation of organizations, enabling them to process data closer to the source. This proximity not only reduces latency but also alleviates

A significant surge in data breaches attributed to artificial intelligence has emerged as a pressing concern for cybersecurity leaders across the Asia-Pacific region, according to a comprehensive survey by Cloudflare. The study highlights that a staggering 87% of cybersecurity professionals view AI as a factor contributing to the increasing sophistication of cyberattacks, raising alarms about the evolving landscape of digital threats. The survey results underscore a growing unease among organizations regarding the ability of malicious actors to leverage advanced AI

A major milestone has been reached by the latest MMORPG from NCsoft, Throne and Liberty, as it attracted over three million players within its launch week. This significant achievement underscores the game's potential to capture a vast audience and reflects the high anticipation surrounding its release. With its blend of captivating graphics, intricate gameplay mechanics, and immersive storytelling, Throne and Liberty promises to redefine the standards of the genre. Throne and Liberty, developed by the renowned South Korean gaming company NCsoft,

The revival of Silent Hill 2 has captivated gamers, sparking a wave of modding that transforms the atmospheric horror experience. Players have been removing the iconic fog that once defined the game’s visual style, revealing a wealth of hidden details that were previously obscured. This phenomenon highlights the intersection of nostalgia and modern technology, as fans leverage new tools to explore the game in unprecedented ways. Upon its original release in 2001, Silent Hill 2 garnered acclaim for its unsettling atmosphere

OpenShot, an open-source video editing software, has quietly built a niche following among Linux users and beyond. While not as widely recognized as some of its commercial counterparts, OpenShot's capabilities and community-driven development have positioned it as a robust alternative in the competitive landscape of video editing tools. Launched with the aim of providing a free, accessible solution for video enthusiasts and professionals alike, OpenShot has evolved significantly since its inception. Offering a user-friendly interface coupled with powerful features such as

Dell Technologies and Alinma Bank have embarked on a significant partnership aimed at advancing the bank’s digital transformation efforts. The collaboration, formalized through a Memorandum of Understanding (MoU) signed in Riyadh, focuses on enhancing the innovation of financial services within Saudi Arabia. This initiative comes at a time when banks are increasingly relying on technology to meet evolving customer expectations and improve operational efficiency. Under the terms of the agreement, Dell Technologies will provide Alinma Bank with its extensive portfolio of

Highlighting its commitment to revolutionizing cybersecurity, SentinelOne will take center stage at GITEX Global 2024, scheduled to be held in Dubai from October 16 to 20. The company plans to unveil its full range of AI-driven cybersecurity solutions, emphasizing the capabilities of its Singularity Platform. As cyber threats become increasingly sophisticated, SentinelOne aims to demonstrate how its innovations can empower organizations to defend against a growing array of risks. The Singularity Platform stands out as a comprehensive endpoint protection solution, leveraging

The growing demand for online privacy has fueled the popularity of privacy tools such as Orbot, a Tor-powered app designed to protect user data on Android devices. As governments and corporations continue to monitor digital communications, users increasingly turn to technologies like Orbot to safeguard their online activity. The app, maintained by the Guardian Project, leverages the Tor network to enable anonymous internet browsing and allows apps to bypass surveillance, censorship, and geographical restrictions. Orbot operates by rerouting internet traffic through

Ubisoft's ambitious roadmap for its "Assassin's Creed" franchise is encountering significant delays, with key projects like "Assassin's Creed Shadows" pushed back to 2025. Internal challenges, including technical bugs and developmental setbacks, have emerged as major hurdles for the game studio. Developers cited issues with fine-tuning gameplay mechanics and addressing feedback from internal playtests. While Ubisoft Quebec remains committed to a February 2025 release for "Assassin’s Creed Shadows," the company has struggled with a series of delays, leaving fans and investors

Creators from across the Middle East gathered in Riyadh last month for the TikTok Creator Summit, which provided a platform for content creators to delve into new trends and learn strategies to enhance their presence on the popular platform. The event, hosted by TikTok, showcased the company’s commitment to the evolving content landscape in the Middle East, focusing on content strategy, creator education, and the platform’s role in regional cultural shifts. With social media continuously growing as a primary medium for

RNTrust is gearing up to present its groundbreaking advancements in artificial intelligence and hyperautomation at the 2024 edition of GITEX Global in Dubai. The company’s updated SPITrust Coopera platform, set to be unveiled at the Novotel DWTC, is designed to reshape the digital transformation landscape for businesses by offering a comprehensive solution for business orchestration, automation, and enterprise content management (ECM). This new version of Coopera is packed with AI-enhanced features that promise to streamline end-to-end operations, providing an essential

Telegram founder and CEO, Pavel Durov, has attempted to ease growing concerns regarding changes to the platform's terms of service that involve data sharing with law enforcement agencies. While the platform has been associated with a strong privacy stance, revelations about the app’s compliance with legal requests have raised alarm among users who prioritize anonymity. Durov acknowledged that Telegram has been providing IP addresses and phone numbers to authorities since 2018 when it receives valid judicial requests as part of

Cloud backup provider Eon has emerged from stealth mode, securing $127 million in funding as it aims to redefine the management of cloud backup systems. This next-generation startup is leveraging its expertise in cloud migration and disaster recovery to introduce innovative solutions in a rapidly growing market, where data security and management have become critical for organizations worldwide. Founded by experienced entrepreneurs Ofer Ehrlich, Ziv Stein, and Avi Kimchi, Eon draws on its leadership’s extensive background in cloud technology. The founders

Kao Data has commenced construction on a £350 million data center in Stockport, Greater Manchester, marking a significant investment in infrastructure for artificial intelligence (AI) and advanced computing. This facility is set to enhance the company’s capabilities in meeting the growing demand for data processing power, particularly in the rapidly evolving AI sector. The new center will be designed with sustainability in mind, aiming to achieve a Power Usage Effectiveness (PUE) of 1.2, significantly lower than the industry average. The facility

Dubai Multi Commodities Centre (DMCC) has entered into a strategic partnership with Switzerland-based CV VC to enhance the development of the Web3 ecosystem across Dubai and Switzerland. This significant agreement was formalized during the annual CV Summit 2024, held in Zug, Switzerland, an event recognized as the leading blockchain and Web3 gathering in the country. The summit attracted thousands of industry leaders and entrepreneurs, creating a vibrant atmosphere for networking and innovation. The partnership aims to foster a robust Web3 ecosystem

OpenAI has successfully raised $6.6 billion in a funding round that has significantly boosted its valuation to $157 billion. This is a remarkable increase from the $29 billion valuation it held just a year ago. Key contributors to this funding round include major industry players such as Microsoft, Nvidia, and SoftBank, underscoring the growing confidence in the artificial intelligence sector and OpenAI's pivotal role within it. The funding comes as OpenAI continues to expand its product offerings, including its flagship language

Fortnite developer Epic Games has escalated its battle against tech giants, suing both Google and Samsung over alleged anti-competitive behavior. The lawsuit centers on the companies’ actions to suppress third-party app stores and maintain dominance over the app marketplace, specifically through the implementation of Samsung's Auto Blocker feature. Epic claims this feature, which prevents alternative app stores from being easily installed on Samsung devices, was a coordinated move between the two companies to stifle competition. At the core of the dispute