Tech
Romanian startup Bible Chat raises $14mn in Series A led by True Ventures
Bible Chat is 13th among the most downloaded apps on the App Store, alongside WhatsApp and Instagram, and has so far reached 10mn users.
Tether chief hails El Salvador as Latin America's emerging financial hub
Tether's relocation to El Salvador represents a "vote of confidence" in the Central American nation's potential to become a "preeminent financial centre", according to Paolo Ardoino, the stablecoin issuer's chief executive.
Saudi Arabia's ride-hailing market soars, generating $533m for drivers
Strong growth reported despite the launch of new public transport projects in Riyadh.
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Tajikistan aspires to be an AI development hub
Magical thinking from a parallel universe.
Iran seizes 240,000 illegal crypto miners as power theft concerns mount
Iranian power utility Tavanir has confiscated over 240,000 illegal cryptocurrency mining devices consuming about 800 MW of electricity, with estimates suggesting three times as many remain active across the country.
US chip firm Groq secures $1.5bn Saudi expansion as Paris weighs AI rules
US semiconductor startup Groq has secured a $1.5bn commitment to expand its artificial intelligence chip deliveries to Saudi Arabia.
Hacker targets Indonesian banks with ransomware threats
Bjorka, the hacker who previously made headlines in Indonesia during 2022 and 2023, has resurfaced, now using an X account to warn that several major Indonesian private and state-owned banks are potential targets of ransomware attacks
Saudi Arabia announces $14.9bn tech investments, DeepSeek opens in Gulf
Chinese artificial intelligence firm DeepSeek has begun operating through Aramco Digital's data centres in Dammam.
Tech startups in Turkey raise $1.1bn in 2024
Excluding anomalies created by activities of Getir and Bigg, 237 enterprises raised $804mn, up from $236mn in 2023.
Russian authorities struggle to curb YouTube
Russian authorities' efforts to challenge YouTube have seen limited success, even as its largest local competitor, VK, overtook it in audience reach for the first time last December.