Weekly Tech News (18 Oct - 25 Oct 2024)
In a high-impact seminar in Dubai, Sell on Alibaba.com revealed top e-commerce trends, inspiring UAE leaders to broaden their global reach. The Director of Sharjah Exports Development Center lauded Alibaba’s support in launching Emirati products onto the world stage.
Dubai’s status as a trade hub powers Alibaba’s regional strategy, with advanced tech and a global network enabling UAE business growth like never before. Since 1999, Alibaba has led global B2B commerce with 26M+ users in 190 countries. Key UAE partnerships have unlocked billions in exports across F&B, beauty, and construction.
With AI-driven innovations like the Smart Assistant, Alibaba.com boosts supplier offerings with smart pricing and rapid engagement tools. As it scales, Alibaba plans to forge new partnerships and uplift UAE SMEs with powerful tech and infrastructure.
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Sui Foundation has officially launched SuiHub (Official) Dubai, the first in a global series of hubs dedicated to advancing Web3 innovation. Situated in Expo City Dubai, this hub will provide local Web3 startups with resources, technical support, and funding, all designed to scale projects on Sui’s cutting-edge blockchain platform.
In partnership with Ghaf Group, the hub aims to foster collaboration and drive blockchain growth in the region, positioning Dubai as a central player in the global Web3 space. More hubs are set to follow, fueling a global decentralized ecosystem for developers. Key Points:
1- Resources for Web3 founders: funding, workshops, technical expertise
2- Strategic partnerships, including the American University of Sharjah
3- Q4 accelerator program to support emerging Web3 startups
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Meta is stepping up its fight against deceptive ‘celeb-bait’ ads with groundbreaking facial recognition technology.
1- This new technology will cross-check faces in flagged ads against official celebrity profiles, blocking scams before they can mislead users.
2- Monika Bickert, VP of Content Policy, assures that all facial data generated during the process is immediately deleted, safeguarding user privacy.
3- Meta is introducing video selfie verification, offering a quicker and more secure alternative to traditional methods, making it easier for users to regain access to their accounts.
4- Celebrities and public figures will be notified and can choose to opt out of the protection system.
5- While tests are currently not available in the U.K. or EU, Meta is actively engaging with regulators to ensure compliance and adapt its strategies.
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Digital advertising costs are soaring, with customer acquisition costs (CAC) rising 60% in 5 years! To combat this, companies are turning to AI to improve online sales.
Meet Big Sur AI, the game-changer in e-commerce! This San Francisco Bay Area-based company, founded by ex-Googlers, is harnessing AI to boost sales and cut costs.
Key Highlights:
– Personalized shopping experiences through interactive automation
– Real-time customer query responses
– Predictive analytics to suggest products
– Customizable AI Sales Agent platform
– Proven success with clients like Brunt Workwear, Wyze, Faction Skis, Inglesina and more
What sets Big Sur AI apart:
– Tailored approach for each merchant
– Dynamic content generation
– Unbeatable product knowledge
Enhanced online shopping experiences, increased conversion rates, and reduced CAC.