3 weeks ago
Apple has announced its latest flagship smartphones, the iPhone 16 Pro and iPhone 16 Pro Max, boasting larger displays, enhanced camera capabilities, and improved performance. and iPhone 16 Pro Max, boasting larger displays, enhanced camera capabilities, and improved performance. The new models, set to hit the market on September 20, feature a durable titanium design and are powered by the A18 Pro chip. Apple iPhone 16: Everything you need to know The iPhone 16 and iPhone 16 Plus feature the new A18 chip for enhanced performance and efficiency. Both models—the iPhone 16 with a 6.1-inch screen and the iPhone 16 Plus with a 6.7-inch screen—come with a new camera control button and an innovative Action button for quick access to various functions. The iPhone 16 Pro comes with a 6.3-inch display, while the iPhone 16 Pro Max sports a 6.9-inch screen – the largest ever on an iPhone, the company revealed in a statement. Both models incorporate Super Retina XDR displays with Always-On and ProMotion technologies, surrounded by what Apple claims are the thinnest borders of any Apple product to date. “Powered by the faster, more efficient A18 Pro chip and built for Apple Intelligence, iPhone 16 Pro and iPhone 16 […]
3 weeks ago
The Riyadh Region Mayoralty has installed more than 60 solar-powered parking payment machines and over 180 guidance panels in two weeks since launching the trial-run phase of the Riyadh Parking project. The initiative covers more than 2,000 public parking spaces on commercial streets and over 17,000 unpaid parking spaces in residential neighborhoods adjacent to paid public parking areas. The official launch is scheduled for next month, the Saudi Press Agency reported. During the trial phase, the Riyadh Parking project website received over 500,000 visits, and more than 7,000 users registered on the mobile application that offers various digital payment methods and is available on iOS and Android operating systems. The project aims to improve the quality of life in Riyadh by organizing public parking lots and developing smart, innovative solutions to reduce improper and random parking. It makes it easier for residents and visitors to find parking spaces. Parking areas in residential neighborhoods are designed to protect residents by reducing the number of vehicles that avoid paid parking lots and instead park in these neighborhoods. The Riyadh Parking application distinguishes between residents’ vehicles and others, and issues residential licenses for local vehicles to secure residents’ rights to unpaid parking spaces. During the trial […]
3 weeks ago
Jeddah’s King Abdulaziz University has won a gold medal at the 9th International Invention Innovation Competition in Canada. The university also received a special international award from the World Invention Intellectual Property Associations, and the best video presentation award out of over 700 participants for its project “Fasyla.” The “Fasyla” project, for which the team was recognized, is an innovative design system that engages users in environmental work using advanced technologies such as artificial intelligence and LIDAR, or light detection and ranging. Hassan Al-Sulami, the “Fasyla” project team leader, told Arab News: “Winning this award was not easy. We faced many challenges, including preparation difficulties and initial fears with over 700 participants from 50 countries. “However, through extensive training, we earned the best presentation award and received praise from international judges.” The “Fasyla” system guides users on effective planting and cultivation methods based on city targets. Users earn points that can be redeemed for valuable prizes through partnerships with various companies, the Saudi Press Agency reported on Monday. The system integrates company efforts and social responsibility initiatives to support global climate goals and promote sustainability. The team are looking forward to presenting the project at the Global CSR Forum in […]
3 weeks ago
Known as Binance’s Unyielding Explorer, Husain Ghuloom manages the crypto exchange’s compliance efforts in Bahrain. A proud “tech nerd” with over a decade’s experience, Husain began his journey in the insurance sector with t’azur Takaful Insurance Company scaling the ladder to become their ‘Money Laundering Reporting Officer (MLRO). While shifting from traditional finance to digital banking and finally crypto, Husain worked with various financial institutions like HSBC, ila Bank and Rain before moving to Binance Bahrain as their Compliance Officer and MLRO. In this interview, Husain gives us an insight into the area of Compliance, as it applies to the world of cryptocurrency – the strategies, the trends, and the threats that face this burgeoning industry. What challenges and learnings from the traditional and digital banking industries have shaped your approach to compliance at Binance Bahrain? Our approach to compliance is shaped by key challenges and learnings from both traditional and digital banking industries. From traditional banking, we’ve learned the importance of navigating complex regulatory environments and ensuring robust fraud prevention and customer verification processes. The digital banking sector has highlighted the need for adaptability, continuous innovation, and transparency. These insights have led us to implement stringent compliance frameworks, advanced […]
3 weeks ago
Since the start of 2023, UK-based OnlyFans, a major hub for porn content-creators, has paid more than $630 million in dividends to its owner Leonid Radvinsky, the company announced. The firm also said the number of content creators and fan accounts has leapt by almost a third over 2022 levels, to 4.1 million and 305 million, respectively. Pretax profits grew from $525 million to $658 million in the year ending November 2023. The enterprise has a lean structure, with only 41 employees a director. Though best known for its voluminous sex content, the site does has some other types of content, such as wellness, sports and music. Radvinsky bought 75% of OnlyFans in 2018, from Guy and Tim Stokely, a father-son duo who launched the platform in 2016 with $12,500. His purchase price is unknown, but thought to be in the millions. In its original form under the Stokelys’ ownership, the platform was family-friendly, but Radvinsky quickly mutated it into a “hive of pornography,” as Indy100 called it. OnlyFans is just the tip of 41-year-old Radvinsky’s sprawling porn empire, which dates back before his 2002 graduation from Northwestern University, where he studied economics. In the 1990s and early 2000s, Radvnisky ran a group of websites offering access to porn sites via “illegal” and “hacked” passwords, Forbes has reported. Some of the […]
4 weeks ago
A global edition of the International AI Olympiad gets underway in Riyadh on Sunday, with teams from 25 countries expected to take part. The event, which will run until Thursday, is being organized by the Saudi Data and Artificial Intelligence Authority in collaboration with UNESCO, the International Center for AI Research and Ethics, and the International Research Center on Artificial Intelligence, in Slovenia. The SDAIA hopes the olympiad will serve as a platform for AI competitions, and nurture talent while fostering skills development, the Saudi Press Agency reported. The event will be a forum for scientists and enthusiasts from around the world to compete and also exchange ideas, enhance capabilities, and explore the latest advances in the field, the SPA added. The SDAIA has prepared for the event over the past five weeks by holding a series of virtual lectures on AI designed to qualify international teams for the competition and empower students from various countries to expand their knowledge in the sector. The lectures covered topics such as the social impact of AI and working with data.
4 weeks ago
The Sharjah Civil Defence will use drone technology to deal with fires in high-rise buildings in the emirate, starting next year. The new technology will enter service in the first quarter of 2025 and will contribute significantly to achieving the strategic and operational goals set by the authority related to reducing firefighting time and achieving rapid response, especially in high-rise buildings, and moving from traditional firefighting methods to advanced and creative methods. The authority tested the drone with a technical team from the Civil Defence and the company Drone First Building Services, based in the UAE. Brigadier Sami Al Naqbi, Director General of Sharjah Civil Defence, said: “We tested the drone, and it passed the test successfully, reaching a height of 150 metres, equivalent to about 40 floors, in just 18 seconds,” adding that the drone demonstrated the ability at this height to spray water up to 15 metres from an internal tank with a capacity of 5,000 litres, which is refilled via a water hose connected to a ground tank. Brigadier Al Naqbi explained that the drone can be equipped with a thermal camera that helps firefighting teams determine the source and intensity of heat and its concentration, especially […]
4 weeks ago
In his first public statements since his arrest by France on Aug. 24 at Paris’ Le Bourget airport, Telegram CEO Pavel Durov blasted French authorities for detaining and charging him, but also admitted that Telegram is not perfect that he’ll work to clean up instances of criminals abusing the platform. He argued in a post to Telegram that it wildly departs from norms for a government to go after a CEO personally, as opposed to the “established practice” of bringing legal against the company. “Using laws from the pre-smartphone era to charge a CEO with crimes committed by third parties on the platform he manages is a misguided approach,” the billionaire tech entrepreneur wrote. “Building technology is hard enough as it is,” he continued. “No innovator will ever build new tools if they know they can be personally held responsible for potential abuse of those tools.” “We’ve been committed to engaging with regulators to find the right balance [between privacy and security],” Durov continued. “Yes, we stand by our principles: our experience is shaped by our mission to protect our users in authoritarian regimes. But we’ve always been open to dialogue.” Durav was detained by the National Anti-Fraud Office (ONAF), over the alleged facilitation of various crimes […]
4 weeks ago
Saudi Arabia’s Passports Directorate and the Saudi Authority for Data and Artificial Intelligence unveiled a commemorative passport stamp to mark the Global AI Summit to be held in Riyadh. Travelers at Jeddah’s King Abdulaziz International Airport, King Khalid International Airport in Riyadh, and King Fahd International Airport in Dammam will get their passports stamped with the commemorative mark throughout the summit’s duration from September 10-12, 2024. The Kingdom will welcome economic policymakers, major technology and artificial intelligence companies, international thought leaders, and heads of international organizations to the summit’s third edition. The event will take place amid increasing concerns about the impact of AI technologies and will reaffirm the Kingdom’s commitment to supporting international efforts aimed at enhancing human welfare in the face of the challenges associated with developing technology.
4 weeks ago
A 20-year-old man has been arrested and charged with defrauding four individuals by promising them unrealistic returns on their investments through online trading platforms. The suspect, who claimed to be able to double their money, lured the victims with a fabricated account statement showing a substantial sum of money. After receiving their funds, he failed to deliver any profits and refused to return their initial investments. The Security Directorate received multiple complaints against the suspect, prompting an investigation. Lucrative returns The investigation revealed that the suspect had deceived several individuals, promising them lucrative returns on their investments through online trading, but ultimately absconding with their money. One victim, a man in his 20s, met the suspect at a cafe in February 2024. The suspect, claiming to be a successful trader, presented a fake account statement showing a balance of BD40,000. He offered to help the victim increase his income through trading. Profity The victim, believing the suspect’s claims, initially sent him BD200. The suspect later contacted the victim, claiming to have generated a 40% profit. The victim continued to send money to the suspect, eventually reaching a total of BD25,000. However, when the victim requested his money back, the suspect […]