Reports and Coverage

In an effort to reduce costs amid a bleak economic outlook, Accenture plans to eliminate 19,000 jobs globally.

Demonstrating the considerable impact of Saudi Arabia’s sweeping digital transformation efforts, the Kingdom’s ICT market is now the largest and fastest-growing in the Middle East and North Africa, having reached a total market size of SAR 154 billion in 2022.

The rush of layoffs that began last year has yet to diminish, with executives across sectors having let go close to half a million employees worldwide.

Along the sidelines of the World Summit on the Information Society Forum (WSIS Forum 2023), the High-Level Policy Session 1 took place, tackling the topic of “Bridging Digital Divides.” Among the esteemed panelists was Dr. Bilel Jamoussi, chief, study groups department, standardization bureau, International Telecommunication Union (ITU).

Exploring generative AI, this technological advancement fosters the concept of getting things done in a smarter way as it uses deep-learning models to create something new: an image, text or video. The popular ChatGPT, for example, only needs to be prompted with words or phrases, and within seconds, it delivers a human-like generated text.

During a keynote speech at the forum, H.E. Eng. Majed Sultan Al Mesmar, director general of the Telecommunications and Digital Government Regulatory Authority (TDRA) said that the challenges posed by the current situations are too great to deal with in silos. He explained that if the essence of the ICT sector is to build bridges of communication between people, then we should strengthen those bridges to understand the present and shape the future.

MEF, a global industry association of network, cloud, and technology providers accelerating enterprise digital transformation, announced its first annual Global Network-as-a-Service Event (GNE), designed to showcase the latest developments and roadmaps for secure network-as-a-service (NaaS) offerings for enterprises and businesses.

Netflix dominates online streaming platforms despite the varying number of subscribers it has faced since the outbreak of the COVID-19 pandemic to the present. With so many similar platforms, Netflix has nonetheless stayed ahead of the game on a global level.

Dubai is steadily reinforcing its position as a global hub for cutting-edge technologies and a major center for digital business models and transformational initiatives, according to H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council.

Tech startups have received a big setback, with the biggest US bank failure since the 2008 financial crisis. The Silicon Valley Bank collapse triggered a crisis for tech startups, sounding alarm bells about a potential doomsday of mass layoffs again and the demise of hundreds of startups.