Apple backs new music startup By: Reuters on March 9, 2023Apple Inc is backing a music startup launched by one of its former executives. The company, called Gamma, is the brainchild of former Apple Music Global Creative Director Larry Jackson and veteran music executive Ike Youssef. It positions itself as an alternative to traditional record labels. “The artists shaping today’s culture not only create music, but […]
India’s oil deals with Russia dent decades-old dollar dominance By: Reuters on March 8, 2023NEW DELHI: U.S.-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals with India – Russia’s top outlet for seaborne crude – have been settled in other currencies. The dollar’s pre-eminence has periodically been called into question and yet it has continued because of the […]
Red Bull play down talk of winning every race By: Reuters on March 7, 2023LONDON: Red Bull were so dominant in Formula One’s Bahrain season-opener that Mercedes rival George Russell suggested they could win every race this year. The Briton was not alone in pointing to such a scenario, even if such a sweep would be unprecedented in a championship that started in 1950 with far fewer rounds than […]
Saudi deposits $5bn in quake-hit Turkiye’s central bank By: AFP on March 6, 2023RIYADH: Saudi Arabia said Monday it was depositing $5 billion in Turkiye’s central bank, a potentially major boost as the country grapples with inflation and damage from last month’s earthquake ahead of presidential elections. Ahmed Al Khateeb, the Saudi tourism minister and board chairman of the Saudi Fund for Development, signed an agreement with Turkish […]
Chinese chipmaking equipment manufacturers filling void left by US export restrictions By: Reuters on March 6, 2023The United States is working to expand its restrictions on the export of chipmaking equipment to China by securing cooperation with the Netherlands and Japan, forcing Chinese chipmakers to turn to domestic suppliers such as those listed below. SHANGHAI MICRO ELECTRONICS EQUIPMENT (SMEE) SMEE is China’s only producer of lithography machines used in semiconductor manufacturing, making it […]
According to a new index, the UAE passport is the strongest in the world By: webdesk on March 3, 2023The Emirati document entered the top 10 list by Nomad Capitalist for the first time with a score of 110.50, moving up from position 35 from the previous year to number one right away. The United Arab Emirates is at the top of the list for 2023, according to the tax and immigration consultancy, in […]
SpaceX launches latest space station crew to orbit for NASA By: Reuters on March 2, 2023CAPE CANAVERAL:Elon Musk’s rocket company SpaceX launched a four-man crew to orbit en route to the International Space Station early on Thursday, with a Russian cosmonaut and United Arab Emirates astronaut joining two NASA crewmates for the flight. The SpaceX launch vehicle, consisting of a Falcon 9 rocket topped with an autonomously operated Crew Dragon […]
TikTok sets 60-minute daily screen time limit for under-18s By: webdesk on March 2, 2023If young people hit the new limit, they will have to enter a passcode to continue to use the service that day. But they will be able to opt out of the new measure, which TikTok says will be rolled out “in the coming weeks”. The video app, which is owned by Chinese firm ByteDance, […]
TikTok to develop parental control tool to block certain videos By: Reuters on March 1, 2023TikTok said on Wednesday it is developing a tool that will allow parents to prevent their teens from viewing content containing certain words or hashtags on the short-form video app, as the embattled company looks to shore up its public image. TikTok, owned by Chinese tech company ByteDance, is facing renewed scrutiny worldwide over its […]
Senior Israeli diplomat ejected from African Union summit as row escalates By: Reuters on February 19, 2023ADDIS ABABA, Feb 18 (Reuters) – A senior Israeli diplomat on Saturday was removed from the African Union’s annual summit in Ethiopia, as a dispute over Israel’s accreditation to the bloc escalated. Images posted online showed AU security personnel confronting the diplomat during the opening ceremony of the summit, before she left the auditorium. “Israel looks harshly […]