Disney to pay $10 million to settle FTC allegations it enabled children’s data collection on YouTube
Disney to pay $10 million to settle FTC complaint over unlawful collection of children's personal data.
Companies & Startups
Demis Hassabis on AGI’s Gradual Rise, OpenAI, and the Road Ahead — MWC 2024
TechTarget and Informa Tech have joined forces to create a powerful, expansive knowledge ecosystem designed to serve technology buyers, strategists, and practitioners with trusted, objective insights. The consolidation brings together TechTarget and Informa Tech’s Digital Business, knitting a vast network that spans more than 220 online properties and covers more than 10,000 granular topics. This…
Business
Trade & Investment
Bridging the Generational Gap to Align Saudi Arabia’s AI Ambitions
Saudi Arabia is charting an assertive course in artificial intelligence, signaling a future where AI investment and deployment become central to its economic strategy. The kingdom has publicly embraced an ambitious plan to assemble a $40 billion AI investment fund, a moveset designed to position Saudi Arabia as a global hub of AI development, innovation,…
Warba Bank to Acquire Alghanim Trading’s 32.75% Stake in Gulf Bank in $1.62 Billion Deal
Warba Bank’s move to acquire a significant stake in Gulf Bank signals a notable shift in Kuwait’s banking landscape, combining strong regional players into a more consolidated platform. The deal, valued at $1.62 billion (KWD498.2 million), covers Alghanim Trading’s 32.75 percent stake in Gulf Bank. The transfer of shares will proceed once the necessary regulatory…
Bridging Generations to Realize Saudi Arabia’s AI Ambitions Through Training
Saudi Arabia is pursuing a sweeping artificial intelligence vision anchored by a proposed $40 billion investment fund and a clear aim to position the kingdom as a global leader in AI. Yet the path from ambition to execution is inherently complex. Across many Saudi organisations, AI programmes are still in early stages, and only a…
Warba Bank to Acquire 32.75% Stake in Gulf Bank in $1.62 Billion Deal
Warba Bank’s move to acquire Gulf Bank’s stake marks a significant consolidation in Kuwait’s banking sector, signaling a broader trend of strategic reshaping among major lenders. The deal involves Warba Bank agreeing to purchase Alghanim Trading’s 32.75% stake in Gulf Bank for $1.62 billion (KWD498.2 million). The share transfer will only be completed after securing…
Finance
Popular News
Trends & Analysis
-
Cover Story: Has Sapura Energy’s worst truly ended, or is worse yet to come?
Sapura Energy Bhd has been the focus of renewed scramble and reassessment as it moves…
-
Alliance Bank shares tumble over 8% as investors balk at RM600m rights issue amid dilution concerns despite capital-boosting plan
A proposed RM600 million rights issue pushed Alliance Bank Malaysia Bhd’s shares lower in early…
-
Ho Hup Construction and Sunrise Model Reach Amicable Settlement as High Court Strikes Out Petition
Ho Hup Construction Bhd and Sunrise Model Sdn Bhd have reached an amicable settlement after…
-
1MDB-Tanore trial: Najib says his leadership rejects work-in-silo culture and promotes collaboration
Najib Razak, the former Malaysian prime minister, took the stand to present a defense centered…
-
Bandar Malaysia Sale Leads 2024 Top Property Deals as Data Centers and Malls Dominate
Malaysia’s property market in 2024 finished with notable momentum, marked by record deal sizes, a…
Judge Rejects Meta’s Argument That Torrenting Is Irrelevant in AI Copyright Case
Meta may defeat authors’ torrenting claim due to lack of evidence.
Thai Vocational Teacher Reassigned After Forcing Male Students to Drink Water Mixed with Cigarette Butts as Punishment
A vocational teacher in Nakhon Sawan has been reassigned after a video surfaced showing her punishing male students caught smoking…
Understanding Deep Learning Through Neuron Deletion: Interpretable Neurons Aren’t More Important Than Generalization
Deep neural networks are composed of many individual neurons, which combine in complex and counterintuitive ways to solve a wide…
France’s political crisis deepens as Bayrou is toppled; fifth PM in two years and looming budget showdown
CNBC takes a look at what could happen next in France after the ousting of yet another prime minister.
Contextual AI’s grounded GLM outperforms GPT-4o on factual accuracy, highlighting why enterprise-focused AI matters
Contextual AI launches its Grounded Language Model (GLM) that achieves 88% factual accuracy, outperforming major competitors while minimizing
Saudi launches first-of-its-kind drone medicine delivery linking clinics and hospitals at holy sites to boost Hajj healthcare (1446 Hajj season)
The initiative is designed to accelerate response times and support healthcare operations by delivering medicines and medical supplies
Elementor 3.4: Powering Faster Websites with Leaner Code, Custom Breakpoints, and Optimized Asset Loading
Performance is more important than ever for modern websites. While creating a great-looking website on website design platforms is easy,…
Metal Park launches world’s first pay-as-you-go metal storage hub in KEZAD, Abu Dhabi
Located in KEZAD Free Zone, the Metal Park Storage Hub is the world’s first pay-as-you-go solution for the metal industry
Judge rejects Meta’s ‘irrelevant’ torrenting claim in AI training copyright case, saying it may be relevant to fair use
Meta may defeat authors’ torrenting claim due to lack of evidence.