Business - Tech

'Haunted' ChatGPT cranks out gibberish for hours

ChatGPT spewed nonsensical answers to users' queries for hours Tuesday into Wednesday before eventually returning to its senses.

Egypt receives first images from its remote sensing NexSat-1 satellite

The National Authority for Remote Sensing and Space Sciences (NARSS) received the first images from its remote sensing experimental satellite NexSat-1, Minister of Higher Education and Scientific Research Ayman Ashour said in a statement on Wednesday.

ITIDA signs deal with UAE’s MGN to expand operations in Egypt

The Information Technology Industry Development Agency (ITIDA) and the UAE-based Mashreq Global Network (MGN) inked on Tuesday an agreement that aims to expand the latter’s operations in the Egyptian market.

Madbouly discuss with Samsung Electronics means to pump more investments in Egypt

Prime Minister Mostafa Madbouly said that he is looking forward to more investments of Samsung Electronics company in Egypt in the coming period especially in light of the investment incentives of the Egyptian government to encourage establishing local industries that can benefit from exporting opportunities and incentives from Egypt to the targeted markets.

Egypt has promising potential for businesses’ growth: CEQUENS’s CEO

Egypt has promising potential for entrepreneurship and the growth and expansion of big corporations, Karim Khorshed, co-founder and CEO of the Egyptian omnichannel communications provider CEQUENS, told Ahram Online on the sidelines of a press conference the company held Monday.

TikTok is laying off dozens of workers as the tech industry continues to shed jobs in the new year

TikTok is laying off dozens of workers in its advertising and sales unit, becoming the latest tech company to trim jobs in the new year.

Egypt’s CBE secures membership in OIC’s computer emergency team

The Central Bank of Egypt (CBE) has secured membership in the Organization of Islamic Cooperation's Computer Emergency Response Teams (OIC-CERT), according to a statement by the bank on Sunday.

Telecom Egypt initiates experimental deployment of 5G services in 5 locations in Egypt: CEO

Telecom Egypt (TE) has announced the commencement of experimental operations for 5G services across five locations in Egypt to assess the service quality, Mohamed Nasr, the company's CEO, said on Friday.

NTRA, Telecom Egypt sign $150 mln agreement for 15-year 5G license in Egypt

The National Telecommunications Regulatory Authority (NTRA) has signed a $150 million agreement with Telecom Egypt for a 15-year license to operate 5G services.

US curbs on chips to China not 'blockade': White House's Sullivan

US restrictions on advanced chips to China are about safeguarding security and not disrupting commerce, National Security Advisor Jake Sullivan said Tuesday after a veiled swipe by Beijing.

Telecom Egypt, ZOI join forces to establish digital corridor

Telecom Egypt (TE) has announced a collaboration with Zain Omantel International company (ZOI) to establish a cutting-edge digital corridor that will connect the Mediterranean Sea, the Arabian Sea, and the Arabian Gulf region.

IMF chief says AI holds risks, 'tremendous opportunity' for global economy

Artificial intelligence poses risks to job security around the world but also offers a "tremendous opportunity" to boost flagging productivity levels and fuel global growth, the IMF chief told AFP.

Telecom Egypt raises landline internet prices by over 30%

Telecom Egypt announced an increase in the prices of its landline internet plans by over 30 percent, with the new rates set to take effect from 5 January, according to the company’s website.

Egypt’s telecoms companies increase tariffs by 10-15%

Egyptian telecommunications companies have recently increased the prices of mobile recharge cards and selected prepaid plans by 10 to 15 percent.

AI could be aware in 2024: Amazon

Generative artificial intelligence (AI) like large language models (LLMs) will gain cultural awareness by processing more diverse data, making the technology accessible worldwide, according to Amazon’s tech predictions report for 2024.

Apple to appeal US Watch ban

Apple said on Tuesday it will appeal a US import ban on its latest smartwatch models after the Biden administration opted to not veto a ruling on patent infringements.

2023 Yearender: The year of social media soul-searching: Twitter dies; X & Threads born; AI gets personal

We lost Twitter and got X. We tried out Bluesky and Mastodon (well, some of us did). We fretted about AI bots and teen mental health. We cocooned in private chats and scrolled endlessly as we did in years past.

Vodafone Egypt, MCIT sign two MoUs to enhance students' digital skills

Vodafone Egypt and Vodafone Egypt Foundation signed two memorandums of understanding (MoUs) with the Ministry of Communications and Information Technology (MCIT) for enhancing students’ digital skills, according to a statement by Vodafone on Wednesday.

Egyptian e-payment company Basata to launch new services in 2024 promoting financial inclusion

Basata Holding, a leading Egyptian e-payment services company, announced plans to introduce new services in 2024 to promote financial inclusion and support Egypt's vision of accelerating digital transformation, according to a statement by the company on Wednesday.

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