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DUBAI WORLD TRADE CENTRE TO BECOME REGULATOR FOR VIRTUAL ASSETS AND CRYPTO


December 20, 2021

Dubai World Trade Centre (DWTC) will become a comprehensive zone and regulator for virtual assets and crypto including digital assets, products, operators and exchanges, the official WAM news agency reported on Monday. The Dubai World Trade Centre will be designing a comprehensive ecosystem for this progressive sector within Dubai. The Dubai World Trade Centre will collaborate with the private sector …

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MODERNA COVID-19 VACCINE LIKELIER TO CAUSE HEART INFLAMMATION THAN PFIZER’S: STUDY


December 19, 2021

Moderna’s COVID-19 vaccine is up to four times more likely to cause inflammation of the heart muscle, a very rare side effect, than its rival vaccine from Pfizer-BioNTech, , according to a Danish study published in the British Medical Journal late on Thursday. The study, in which almost 85% of Danes, or 4.9 million individuals, aged 12 and older participated, …

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US RECOMMENDS APPROVING GOOGLE, META UNDERSEA DATA CABLE TO ASIA


December 19, 2021

The Biden administration on Friday recommended Alphabet’s Google and Facebook parent Meta get permission to use an undersea cable system to handle growing internet traffic with Asia. The administration urged the Federal Communications Commission (FCC) to grant licenses for the companies to send and receive data on the existing 8,000-mile Pacific Light Cable Network. The undersea fiber-optic cable system connects …

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TIKTOK TO OPEN 300 RESTAURANTS FOR VIRAL FOOD TRENDS


December 19, 2021

Good news for die-hard foodies as TikTok has announced that it will open 300 ghost kitchen restaurant concept based on its most viral food dishes. The short video-sharing platform announced that it is partnering with Virtual Dining Concepts to launch a delivery-based foodservice chain from March 2022. Titled “TikTok Kitchens,” the venture is intended to bring TikTok-famous foods to its …

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IN PICTURES: LONGEST PARTIAL LUNAR ECLIPSE DAZZLES NIGHT SKIES


November 20, 2021

The longest partial lunar eclipse in 580 years dazzled night skies around the globe on Friday. According to the National Aeronautics and Space Administration (NASA), the eclipse that lasted 3 hours, 28 minutes and 23 seconds was the longest since February 18, 1440. During the eclipse, up to 99.1% of the moon’s disk was within Earth’s darkest shadow, it said. …

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ECP ASKS PTA TO END SMS CHARGES FOR VOTERS’ VERIFICATION


November 20, 2021

ISLAMABAD: The Election Commission of Pakistan (ECP) has requested the Pakistan Telecommunication Authority (PTA) to end SMS charges during the voters’ verification campaign. The election commission has written a letter to the Pakistan Telecommunication Authority (PTA) seeking assistance for the ongoing voters’ verification campaign across the country. The commission stated in the letter that the voters and ECP staffers are …

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Afiniti founder Zia Chishti ‘steps down’ after sexual assault allegations


November 19, 2021

Software company Afiniti’s founder Zia Chishti stepped down from his senior roles in the wake of sexual assault allegations against him, it emerged on Friday. According to a statement posted on the company’s website, the 50-year-old Pakistani-American stepped down as chairman, chief executive officer and director “effective immediately”. “The board will make additional organisational announcements in the coming days,” the statement added. …

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DCO member states asked to benefit from each other’s IT initiatives


November 19, 2021

ISLAMABAD: Secretary General of the Digital Cooperation Organisation (DCO) Deemah Al-Yahya on Thursday said the organisation would promote Pakistan as an attractive country for foreign investment in the information technology sector and a provider of cloud services. She said the DCO member states could benefit from IT initiatives of each other and stressed the need for building partnerships with governments, …

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‘63pc teens exposed to hoaxes online experienced mental health problems’


November 18, 2021

ISLAMABAD: An international study conducted by TikTok revealed that 31pc of teens exposed to hoaxes online had experienced a negative impact, with 63pc saying it was affecting their mental health. After the study, TikTok has strengthened its protection efforts by removing warning videos involving self-harm hoaxes. A survey was conducted with participation from 10,000 people including teens, parents and teachers …

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Satellite attack: The mounting arms race in space


November 18, 2021

WASHINGTON: Last year a US general made an ominous revelation: two Russian satellites in orbit were stalking a US spy satellite high above the earth. It wasn’t clear if the Cosmos satellites could attack USA-245, an American surveillance spacecraft. “It has the potential to create a dangerous situation in space,” said General Jay Raymond, head of the Pentagon’s Space Command. …

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