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Crypto.com transfers $7m to a woman by mistake

Crypto.com, the digital currency app that was fronted by Matt Damon in a Super Bowl TV ad,…

Snap Inc. to lay off 20% of workforce

Following weeks of preparation, Snap Inc. plans to let go of 20% of its almost…

Dubai property investment startup Stake raises $8m in recent funding round

Dubai-based real estate FinTech start-up Stake has raised $8 million in an early stage funding…

Elon Musk files letter to terminate $44bn Twitter deal

The US Securities and Exchange Commission said on Tuesday that billionaire entrepreneur Elon Musk’s lawyers…

EV maker Lucid plans to raise $8 bn through new offerings

The premium electric vehicle manufacturer, Lucid Group, which has the Public Investment Fund of Saudi…

Abu Dhabi’s Hub71 welcomes second batch of startups this year

From among the many candidates from across the world who opted to establish and grow…

Amazon Web Services (AWS) launches new region in the UAE

The AWS Middle East (UAE) Region, the second region in the Middle East, has been…

UAE ranked high in digital lifestyle adoption, TDRA

The UAE was ranked among the world’s top nations in several digital life indexes, according…

Apple’s chief privacy officer is leaving the company

Jane Horvath, Apple Inc.’s chief privacy officer, will soon leave the business to work at…

FinTech firm Wise fined $360.000 by Abu Dhabi regulator

The local unit of fintech company Wise was fined $360,000 by the regulator of Abu…