Author: News Desk
To clamp down on online misinformation and maintain digital decorum, the UAE has introduced stricter social media regulations starting July 2024. This new legal framework targets various forms of online misconduct, from spreading false information to defamatory comments about public figures. New Laws for Social Media Influencers and Advertisers Abu Dhabi has enacted a law aimed at social media influencers and businesses engaged in advertising without the necessary licences. This move is part of a broader effort to control the spread of misinformation and ensure that online content adheres to established norms. Key Practices to Avoid on Social Media Penalties…
Gautam Adani, a leading Indian billionaire and head of the Adani Group, is set to expand his business empire further. The Adani Group operates in various sectors such as ports, airports, and power. Now, Adani Power, a major player in the power industry with a market value of Rs 269,000 crore, is planning to acquire the Butibori Thermal Power Plant in Nagpur. Details of the Deal According to reports, the deal is estimated to be worth between Rs 2,400 crore and Rs 3,000 crore. Adani Power is negotiating with CFM Asset Reconstruction Company, the sole lender to the power project.…
Prantar Tamuli, a Master’s student in Biochemical Engineering at University College London (UCL), has developed a groundbreaking construction biomaterial that utilizes living microorganisms to capture carbon dioxide from the atmosphere. This innovative material, known as C-ELM (cyanobacterial engineered living material), has the potential to significantly reduce the carbon footprint of the construction industry if mass-produced and widely adopted. Prantar recently unveiled the C-ELM material during an art installation at St Andrews Botanic Garden in Scotland. The material incorporates living cyanobacteria into translucent panels that can be installed on the interior walls of buildings. As these microorganisms grow through photosynthesis, they…
In a notable shift in the world of wealth and inheritance, Forbes’ World’s Youngest Billionaires 2024 list reveals a striking trend: the era of self-made billionaires under 30 is giving way to a new generation of inherited wealth. For the first time in 15 years, no self-made billionaires under the age of 30 are featured, underscoring the “great wealth transfer” that is reshaping the landscape of youthful affluence. This new generation, often referred to as the “nepo babies,” is making headlines with their vast fortunes, largely inherited rather than earned. From the heir to Red Bull’s empire to the young…
Heman Bekele, a 15-year-old from Virginia, has been honoured as the 2024 Kid of the Year by Time magazine and Time for Kids. Bekele’s groundbreaking innovation is a soap that could significantly enhance skin cancer treatments. His creation aims to provide a more accessible method for delivering medication to treat skin cancers, including melanoma. Inspiration and Early Beginnings Bekele’s interest in skin cancer research began in his childhood in Ethiopia, where he observed the harmful effects of sun exposure on people’s skin. His curiosity about chemical reactions was sparked by a chemistry set he received as a Christmas gift in…
Dabboo Ratnani, born on December 24, 1971, in Mumbai, Maharashtra, India, has risen to prominence as one of India’s leading photographers. His fascination with technology and gadgets from an early age laid the foundation for his later career. Influenced by his brother’s friend, an amateur photographer, Ratnani’s journey into photography began in 1993 when he started assisting renowned photographer Sumeet Chopra on the film Aatish. Career Overview Dabboo Ratnani’s career, which began in 2004, is marked by innovation and success. He quickly gained recognition for his unique approach to capturing celebrity portraits. Ratnani’s work spans various genres, including fashion, advertising,…
Recent research by Adecco, a global HR solutions firm, reveals that around 60% of employers in the UAE chose to maintain their staff’s salaries and bonuses at existing levels during the first half of 2024. Instead of increasing base salaries, these employers focused on providing additional allowances to retain their talent. The study found that approximately 24% of UAE employers are utilising alternative compensation strategies to attract and keep top talent. Benefits such as housing bonuses, annual bonuses, and various other allowances have become more common, enhancing overall compensation packages without raising base salaries. Employers often prefer not to increase…
Infosys co-founder Narayana Murthy reflected on the sacrifices made by the previous generation, including his parents, siblings, and teachers. He emphasised, “One generation must make many sacrifices to improve the lives of the next. My parents, siblings, and teachers made significant sacrifices for my progress, and my presence here as the chief guest is proof that their sacrifices were not in vain.” Concerns About Population Growth Murthy has identified India’s rapidly increasing population as one of the country’s greatest risks to sustainability. Speaking at the convocation ceremony at Motilal Nehru National Institute of Technology in Prayagraj, where he was the…
Eric Schmidt, the former CEO of Google, has launched a new startup named White Stork, aiming to assist Ukraine with advanced AI-driven attack drones. Schmidt, who expressed frustration over the destruction caused by tanks in Ukrainian cities, revealed his motivations during a recent lecture at Stanford University. White Stork’s Mission and Technology White Stork focuses on developing sophisticated drones that leverage artificial intelligence to identify and target enemies. The goal is to produce these drones at scale and reduce the reliance on traditional ground battles with tanks and artillery. Schmidt has emphasised that the drones, supported by government partnerships, will…
Apple is set to open its fourth iPhone assembly unit in India by the end of this year. Located in Hosur, Tamil Nadu, the new factory will be managed by Tata Electronics, Apple’s key contract manufacturer. Tata is investing ₹6,000 crore in the 250-acre facility, which will create around 50,000 jobs, with a focus on employing women. Strengthening Local Manufacturing The new plant is a significant move in Apple’s strategy to enhance its manufacturing footprint in India. Production at the Hosur facility will commence in November. This expansion follows Tata’s acquisition of a Wistron unit, marking its second iPhone assembly…