Facebook CEO Mark Zuckerberg says he plans to transform Facebook into a platform focusing on privacy.
In a 3,000-word note, Facebook listed out its plans to rebuild its services around several privacy-focused principles - "private interactions," "encryption," "reducing permanence," "safety," "interoperability" and "secure data storage."
The social media giant has been criticised for a series of privacy scandals.
Rachel Silverman has all the details:
Boeing lines up $35b in funds via stock and bond sale
Boeing filed papers with the US markets regulator on Tuesday for raising up to $25 billion (AED 91 billion) through a stock and debt offering and entered into a $10 billion (AED 36.7 billion) credit agreement amid a crippling strike and upcoming debt maturities.
Masdar and Presight agree AI asset management tool development
Abu Dhabi Future Energy Company PJSC (Masdar) has signed an agreement with Presight, a leading big data analytics company powered by generative AI, to develop an asset management tool for its renewable energy projects worldwide.
Nvidia closing in on becoming world's most valuable company
Shares of Nvidia closed at their highest ever on Monday, lifting its market value to $3.39 trillion (AED 12.4 trillion) just below Apple's $3.52 trillion (AED 12.92 trillion) and above Microsoft's $3.12 trillion (AED 11.45 trillion).
Ajman establishes Higher Energy Committee
The Ajman Higher Energy Committee has been established to regulate the trade of petroleum in the Emirate, under the directives of His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman.
Digital companies growing rapidly: Dubai Chamber
The growth rate of digital companies in Dubai is double that of traditional companies, according to Vice Chairman of the Dubai Chamber of Digital Economy, Ahmad Bin Byat.
