Klarna valued at $19bn in debut on Wall Street
Shares in buy-now, pay-later lender Klarna jumped on their first day of public trading in the US, giving the firm a market value of more…
Category: TECHNOLOGY
Larry Ellison briefly becomes world’s richest person
Elon Musk briefly lost his title as the world’s richest person to Larry Ellison, the co-founder of Oracle and an ally of US President Donald…
Meta covered up potential child harms, whistleblowers claim
Two former Meta safety researchers told a US Senate committee on Tuesday that the social media giant covered up potential harms to children stemming from…
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MENA startups heat up with fresh capital across fintech, AI, gaming
Startups across the Middle East and North Africa are raising fresh funding to scale operations, enter new markets, and develop innovative products, signaling strong investor…
Al-Rumayyan: Saudi PIF Targets $1 Trillion Assets by Year-End
Yasir Al-Rumayyan, Governor of Saudi Arabia’s Public Investment Fund (PIF), has said the sovereign wealth fund is preparing to unveil a new long-term strategy within…
Saudi Arabia’s KAUST Sets Record, Raises Solar Cell Efficiency to Unprecedented Levels
Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) has developed an innovative method that significantly improves the efficiency and stability of solar cells,…
Volkswagen Unveils Compact Electric SUV ahead Munich Car Show
Volkswagen unveiled a concept for a new small electric SUV on Sunday as part of the automaker’s push to offer affordable battery-powered vehicles amid greater…
SpaceX snaps up EchoStar spectrum for $17B
SpaceX plans to deploy the new airwaves for its direct-to-cell service, designed to provide broadband-speed satellite connectivity directly to ordinary smartphones SpaceX’s $17B spectrum buy…
Coinbase Drops Out of the Top 10 Exchanges Holding XRP
The XRP reserve of prominent US-based cryptocurrency exchange Coinbase has continued to dwindle, with the unexplained dump sparking controversy. “XRP Liquidity” called the community’s attention to yet…
OpenAI paper warns of ongoing AI hallucination issues
OpenAI has released a new research paper examining why large language models, including GPT-5 and chatbots such as ChatGPT, continue to produce hallucinations—false but plausible…