BLOOMBERG A plan to whisk passengers around Paris in air taxis during the Olympic games next year faces a new challenge after manufacturer Volocopter GmbH said the advanced electric motors it needs for its two-seater craft have been delayed. Volocopter is working with the engine maker and continues test flights with other, less-refined motors as it seeks to obtain regulatory ...
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October, 2023
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9 October
Snap gets notice from UK watchdog on AI chatbot
BLOOMBERG The UK’s Information Commissioner’s Office issued Snap Inc, the maker of the Snapchat app, with a preliminary enforcement notice over the company’s generative artificial intelligence chatbot. The notice cited Snap’s potential failure to properly assess privacy risks from its My AI chatbot, the watchdog said in a statement. If a final notice is issued, the social media platform might ...
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9 October
Google posed worries for carriers mulling new app
BLOOMBERG Wireless carriers balked at allowing Samsung Electronics Co to load its Galaxy S10 device with an app search capability that Google lacked, due to potential conflicts over their contracts with Google, a former Samsung investment adviser said at the search giant’s antitrust trial. “The carriers had concerns it cannibalised their existing search revenues,” said Patrick Chang, a former director ...
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9 October
Dell says servers, not PCs, are its main growth engine in AI era
BLOOMBERG Dell Technologies Inc, the company which helped usher in the era of personal computing, said its most promising business now is the one that sells equipment for data centers. While Dell expects PCs to emerge from their slump and generate a long-term revenue increase of about 2.5%, the division that sells servers, data storage and other office infrastructure will ...
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9 October
Oxford Economics predicts 4.4% GDP Growth for UAE in 2024
ABU DHABI / WAM Oxford Economics, an independent economic advisory firm, has predicted that the UAE economy will grow by 4.4% in 2024. This growth is being driven by a number of factors, including government initiatives to support economic diversification. In his statement to the Emirates News Agency (WAM), Scott Livermore, Chief Economist, Oxford Economics Middle East, and Managing Director, ...
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9 October
COP28 Presidency unveils steps supporting women’s leadership in climate diplomacy
ABU DHABI / WAM The COP28 Presidency has announced measures to support the representation and participation of women at the UN Climate Change Conference COP28 in th UAE. The measures include financial assistance to encourage stronger attendance of women delegates, technical training sessions, and support for an international conference. “Historically, the perspectives and leadership of women have been underrepresented in ...
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9 October
Crown Prince of Abu Dhabi attends wedding of Theyab bin Khalifa bin Sultan Al Nahyan
ABU DHABI/ AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended a wedding reception hosted by His Highness Sheikh Tahnoun bin Mohammed Al Nahyan, the Ruler’s Representative in Al Ain, for the marriage of Sheikh Theyab bin Khalifa bin Sultan Al Nahyan to the ...
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9 October
Mohammed bin Rashid chairs UAE Cabinet meeting, approves Federal General Budget 2024-2026 of AED192 billion
ABU DHABI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, chaired the UAE Cabinet meeting at Qasr Al Watan, Abu Dhabi, in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of Presidential Court; H.H. Sheikh Maktoum bin Mohammed bin Rashid Al ...
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9 October
Abdullah bin Zayed, Antony Blinken discuss latest regional developments
ABU DHABI/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, and US Secretary of State Antony J. Blinken discussed, during a telephone conversation, the latest developments in the region, and the ongoing escalation between Israelis and Palestinians. During the call, H.H. Sheikh Abdullah stressed the importance of exercising the utmost restraint, noting that Gaza’s escalation forebodes dire ...
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9 October
UAE President and French President discuss bilateral ties and regional developments
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan spoke by telephone on Sunday to French President Emmanuel Macron to discuss bilateral relations and opportunities for further collaboration to advance the development ambitions of both countries. The two leaders also discussed the latest regional developments and stated their shared belief in the importance of dialogue and communication to bring ...
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