IIF: UAE economy to grow faster untill 2024. UAE GDP to grow 2.3% in 2021, 3.0% in 2022, 3.4% in 2023 and 3.5% in 2024.
Google’s AI-focused venture fund leads $5.4M investment for Seattle analytics startup Iteratively.
MediBuddy raises $40 million in Series B funding, while announcing its merger with online doctor consultation startup DocsApp.
InnerHour raises $5.2 million led by Lightbox, it will use this funding to scale its technology-led mental health platform
MPL moves closer to becoming gaming unicorn with $95 million funding, plans to use the new funds to expand its overseas business in 2021.
Vested Finance raised $ 3.6 million in seed funding to facilitate Indian investors’ entry to invest in US markets.
Robinhood raises $1 billion lifeline from investors to meet regulatory requirements
Jessica Alba’s clean-living subscription startup, The Honest Co., confidentially files for a $2 billion IPO.
The Honest Company, a baby and beauty products startup co-founded by actress Jessica Alba, is reportedly seeking to raise $2 billion in an initial public offering (IPO), according to a report from Bloomberg BNN.
CDC issues new mask mandate: Double masks now required for travelers on all U.S. public transportation effective February 1; threatens ‘enforcement through criminal penalties’.
Qualtrics, a survey software startup acquired by SAP for $8 billion, pops 51% on IPO debut; now valued at $27.3 billion.
Today in history: Apple Macintosh becomes the first commercial computer to popularize computer mouse and graphical user interface on Jan. 22, 1984.
Netflix-for-finance-learning startup Finance Unlocked raises $2.39 million for its video learning platform for the finance industry.
The global eyewear market, which is made up of spectacles, contact lenses, sunglasses, and other eyewear products, was estimated to be valued at $147.60 billion in 2020.
New York-based raises $45M funding to support the $147 billion global eyewear industry.
Crosslink launches $350M fund to back early-stage startup founders.
Elon Musk’s SpaceX now wants to drill for natural gas in Texas.
Elon Musk is donating $100 million towards a prize for best carbon capture technology; a key effort to fight climate change.
The Israeli tech industry continued its rapid pace of investment despite the COVID-19 pandemic, reaching $ 9.9 billion in 578 deals in 2020.
These annual figures align with the growth trends observed in previous years, beating 2019 results with 27% in equity and 14% in several deals.
Megadeals in Israeli technology (more than $ 100 million) became commonplace in 2020 and made up nearly a third of the total amount.
However, despite the number of these massive deals, deals did not witness a significant increase in 2020. The rise in capital compared to 2019 was evident in the increase in the average mega deals in dollars.
Central Bank of Israel to buy $30 billion in forex in 2021 to curb shekel rise.
Israeli fintech company Rapyd raises $300m.
Instant COVID-19 breath test as precise as swab test, Scentech Medical Israeli company says, and awaiting FDA approval for test with 98% accuracy.
VComply raises $6 million in Series A from Counterpart Ventures and Accel.
Unacademy became a unicorn, made five acquisitions and raised three rounds of funding – all in 2020.
Tiger Global, others buy $50 million shares in Unacademy in secondary transition.
N+1 Capital’s maiden fund to invest $100 million in startups.
US startups raise their record investment in 2020 for the fourth quarter to $ 156.2 billion.
Seattle biotech startup AltPep raises $23.1M to tackle Alzheimer’s and related diseases.
UAE Covid vaccine: Over 1 million doses administered. The health authorities in the country aim to vaccinate over 50 per cent of its residents in the first quarter of this year.
Israel’s IMCO to participate at IDEX Abu Dhabi, showcase UAVs and other complex defense solutions.
With multi-center clinical trials in Israel, US and UK, Israeli startup OncoHost hopes to launch life-saving test kit in 2021.
An Israeli university that invented a spit test for the coronavirus has rolled it out for regular use by staff and students, in a bid to drive down virus cases on campus.
Israel’s Biond Biologics to get $125 million from Sanofi to develop cancer drug.
Facebook-owned messaging app denies new terms of service will make it less secure: ‘We can’t see your private messages or hear your calls’.
In India, Between January 6 and 10, Signal has racked up 2.3 Mn downloads while Telegram had 1.5 Mn new downloads during the same period, as WhatsApp Falls.
Spectrum Effect raises $9.5M for machine learning tech that helps mobile operators avoid interference.
Former Zulily execs raise $150M for new firm that buys and supercharges e-commerce businesses.
Mailchimp acquires Chatitive, a B2B messaging startup and Madrona Venture Labs spinout.
Udaan raises $280 mn from new and existing investors, valuing the e-commerce B2B firm at $2.5-2.8 billion.
Israel earmarks NIS 80 million to help early-stage startups by granting of up to 50% of seed funding round.
Jumbotail raises $14.2 million, completing its $25 million fund raise.
More than 2 billion WhatsApp users will have until February 8th to agree to share data with Facebook if they want to continue using the app.
Israel sees trade with UAE at $4 billion a year.
Warburg invests $100 mn in boAt. The funds will be used by the four-year-old company to boost its research and development capability, expand its product portfolio.
Seattle startup Yesler raises $3.3M for its B2B lumber and building materials marketplace.
NextStep, a Seattle startup which uses its technology platform to retrain displaced workers for roles in the healthcare industry, has raised $2.5 million in new funding.
Omnivor raises $2.7M as pandemic spurs interest in holographic media from Nike, T-Mobile, others.
The UAE Central Bank said the economy is expected to grow by 2.5% in 2021.
Disputes mediation platform Immediation has raised $3.75 million in Series A funding, after COVID-19 led to a tech overhaul of the legal system and 1000% growth.
Paul Bassat’s Square Peg Ventures has closed its $600 million fourth fund, bringing its total committed capital to a whopping $1.4 billion for investment into Aussie, and global, startups.
Neo bank startup Oxygen raises $17M Series A funding to offer flexible banking solutions for small businesses.
Sheikh Mohammed Bin Rashid, hails ‘stellar success’ of UAE economy in overcoming challenges of 2020.
UAE businesses see profitability returning to pre-coronavirus levels by 2022. Positive outlook is driven by the UAE’s coronavirus response and business-friendly reforms, says HSBC.
UK partnership will help drive post-pandemic recovery, says UAE Minister of Economy, in healthcare, education, financial services and AI as potential areas for trade development.
Perth-based energy tech startup Gridcogniton has recently closed a $675k pre-seed investment round with some of Australia’s leading tech and clean energy investors…
Chemmannur International is the first Indian company to seek approval for 100% ownership in Emirati projects after changing foreign ownership regulations.
UAE’s Minister of Economy says new foreign ownership rules aim to create 700,000 companies by 2030.
Madrona Venture Group has raised more than $500 million in fresh capital that the 25-year-old Seattle venture capital firm will use to bankroll both early and later-stage startups.
Israeli water tech sees opportunities in the United Arab Emirates.
Indonesian fisherman caught a Chinese underwater spy drone on a possible covert mission.
Tesla delivers nearly 500,000 vehicles in 2020, a 36% increase over the previous year.
Crypto investors open to investing 50% of their savings into cryptocurrencies, a new survey shows.
Elon Musk’s SpaceX to bring Starlink fast satellite internet to Greece by April.
IDEMIA is seeking to pilot the next generation biometric card technology as a reference for contactless payments in India through a partnership agreement with ZWIPE.
M&A deals plunge in Israel as pandemic sidelines foreign investors, and Value of deals drops by 50% to $10 billion.
Pfizer, Amazon and AstraZeneca selected to promote biotech startups in Israel.
Israeli Bazan Group embarks on $3.7 million project to advance hydrogen-fueled vehicles.
Online trading platform eToro reportedly planning IPO at $5b valuation.
The Israeli shipping company Zim reportedly plans to raise up to $500 million at the end of January, at a company valuation of $1.5 billion.
China-based online learning app Zuoyebang announced that it has raised $1.6 billion in a Series E+ funding round, bringing total known investment to date to around $2.9 billion.
The Washington-based Woodinville Corporation raised $ 17 million to expand and develop charging of lithium-ion battery optimization technology.
Seattle-based Bloccelerate raises $12M for first fund to invest in blockchain startups.
NASA receives response from Voyager 1 spacecraft 13 billion miles away after 37 years of inactivity.
Healthtech startup DXY raises $500 million for China’s leading online healthcare platform.
SpaceX’s rival Viasat says SpaceX’s Starlink 3000 satellites pose environmental hazards in space and on Earth; petitioned the FCC to perform environmental review.
Bitcoin is reaching the most extensive record in its history, exceeding the $ 26,500 mark, and the rise continues.
Startups eye new offerings to fuel EV strategy adopted by mobility companies to pursue green vehicle technologies to bring down capital and operating expenditure, and reduce their carbon footprint.
On Friday, food delivery platform Zomato announced the closing of a $660-million primary financing round at a post-money valuation of $3.9 billion.
Alphabet’s Google and Microsoft joined an investment round of more than $100 million in VerSe Innovation Pvt, maker of India’s Josh short-video app.
Slurrp Farm raises $2 million from Fireside Ventures to expand the product portfolio and increase marketing.
More than 50,000 Israelis visited Dubai as economic ties between the UAE and Israel grew rapidly.
Arbe Robotics has revolutionized the ultra-accurate radar system, providing perfect visibility into cars and the system recognizing objects and people at a distance of up to 300 meters.
Content discovery firm Outbrain is seeking to hold an initial public offering of shares on Wall Street at a $2 billion valuation after a merger deal with a competitor Taboola fell through.
Israel’s Limaca Medical says it has developed a medical device to perform endoscopic ultrasound-guided biopsies with ‘ten times’ greater procedural efficiency.
Toyota beats Tesla to become the first company to develop electric car with solid-state battery; plans to unveil game-changing EV prototype in 2021.
UV LED lights kill 99.9% of coronavirus in 30 seconds, Israeli researchers found.
People who made antibodies to fight COVID-19 are much less likely to test positive again for up to six months and maybe longer, 2 new studies show.
The first Israeli hospital to provide medical services in Dubai: Al Tadawi Healthcare Group in Dubai has partnered with Sheba Medical Center in Israel to provide a new set of advanced healthcare services.
The two export credit agencies of Israel and the United Arab Emirates signed a cooperation agreement to strengthen economic and trade relations between the two countries, jointly supporting an increase in exports, trade, and investment.
The UAE is hosting an international dialogue that includes Bahrain, Israel, and the United States to support regional energy and promote peace and stability in the region by promoting economic growth in the energy sector and intensifying joint efforts to find solutions to energy challenges.
An Emirati-Israeli commercial consortium buys British payments company Finablr after it ran into financial difficulties.
In a year full of anxiety, Seattle-based startup Freespira raised $ 10 million to support its efforts to develop and deploy technology that reduces panic attacks and post-traumatic stress disorder.
Portland startup Koan raised $1 million for the OKR collaboration software platform and acquired Horrible Design Co to help support growth.
Seattle’s Pure Watercraft raises additional $14M to power its plans for electric boat motors.
After huge growth in 2020, Seattle startup Rec Room raises $20M to expand virtual hangout game.
The Genesis Prize is awarded to 10 Israeli high-tech companies that help fight COVID-19.
Despite the Corona pandemic, the Tel Aviv Stock Exchange has attracted the most initial public offerings since 2007. Of the 27 companies that have listed their shares on the stock exchange this year, 19 are technology.
The shekel rose to its highest level in 12 years against the US dollar and reached a price of 3.2265 shekels per dollar.
US-Israel fund to invest $7.15 million in eight clean-energy projects Fast-charging batteries, next-gen heat devices, eco-friendly concrete.
Israel’s Moon Active, the developer of Coin Master, acquires Melsoft in a deal valued at over $100 million.
The real estate market in Dubai is looking to recover with the search for Israeli investors.
Israeli researchers at the Weizmann Institute have discovered new peptides that can help eliminate cancer.
UCT buys Israeli company Ham-Let for $ 348 million and triples its investment in a developer of industrial control and flow systems for semiconductor production.
Microsoft said that dozens of its customers, including firms in Israel and the United Arab Emirates, were targeted as part of the massive cyber-assault on US government institutions.
An Israeli study showed that general anti-fat drugs might eliminate the severity of Covid-19, and the fantastic results revealed by the Hebrew University team.
Avi Lieberman is setting up a startup that wants to revive phone calls to talk to friends and make new friends.
US-based startup Superpedestrian, raise a record $9.93 billion in 2020.
Israeli tech firms raise record $9.93 billion in 2020 but M&A deals plunge.

Operating systems, business software, advertising and education, touchscreens, personal computers, video games, consoles, and search engines – these are just some of the products Microsoft has introduced that have transformed human society. It is one of the major tech companies that started the digital revolution in the past 40 years.

Founded by Bill Gates and Paul Allen, the company was born out of a simple “challenge” when the two young programmers applied the BASIC compiler for Altair 8800; the company now ranked third after Amazon and Apple’s wealthiest company in the world.

Bill Gates, one of the founders of the giant Microsoft Corporation, was born on October 28, 1955, in Seattle, Washington, the son of attorney William H. Gates. As a brilliant student, at the age of 13, Bell attended Lakeside Private School. When he reached the eighth grade, he became interested in a programming language (symbolic code), which was unorganized, and was invented in 1964. He was exempted from math lessons to pursue his passion. He wrote his first show – Tic Tac Toe.

Paul Allen, born on January 21, 1953, in Seattle, Washington, has also attended Lakeside Private School, where he becomes friends with Bill Gates, who shares a passion for computers. They used the remote printer station to improve their programming skills on several weather computers.

Gates and Allen attended Washington State University, where they joined the Phi Kappa Theta Brotherhood. Allen Gates ended up researching computer programming at the University of Washington Computer Science Lab. They worked on the PDP-10 system, and in the summer of 1971, Gates and Allen, along with two other colleagues, Rick Weiland, and Kent Evans, tried to look for “loopholes” in the operating system to get free hours in and then paid for access to the university’s computers that belonged to them. Computer Center Corporation.

Microsoft Corporation

Found by management and excluded due to misuse of privileges. Bill Gates, 17 years old with Paul Allen based on the Intel 8008 processor, made traffic counters. After two years, Paul Allen left school to work as a programmer at Honeywell in Boston near Harvard University, where Bill Gates enrolled. Using and integrating their programming skills, the two established a business idea – “Traf-O-Data 8008”, a rudimentary computer that tracks and analyzes vehicle traffic data.

In 1974, Allen, motivated by ambition, persuaded Gates to drop out of school to start a business that would change humanity. The two saw the possibility of developing and implementing the BASIC programming language on this system. Although they didn’t own an Altair microcomputer or language development, Gates reached out to the makers of Micro Instrumentation and Telemetry Systems (MITS), asking them to demonstrate the BASIC language application. The producers agreed, to their interest, and Gates and Allen worked on a simulator for eight weeks with Monte Davidoff’s help.

Together they founded Micro-Soft, called initially “Micro-Soft,” which was registered on November 26, 1976, by the New Mexico State Secretariat.

The Altair BASIC model has become so popular and sold well that it’s even pirated in the big black market. Bill Gates has written a message to all computer fans that he cannot produce high-quality software and distribute it for free. Insisting that the software developers were demanding money for the copyrighted software but failing to convince, Micro-Soft chose to continue on its own, splitting from MITS at the end of 1976. The company’s revenues to the future in 1976 were $ 16,005. In 1978, Micro-Soft opened its first international headquarters in Japan, under the name “ASCII Micro-Soft” (Microsoft Japan Today).

New name

On November 29, 1979, the company’s name was changed to Microsoft (name today), and its headquarters moved to Bellevue, Washington. In 1980 Microsoft created the first business operating system, Xenix, as a Unix-based version and partnered with IBM to provide a CP / M OS version for IBM computers. The company was restructured in 1981 to become an incorporated company, Bill Gates became president and director of the board of directors, and Paul Allen became executive vice president. In 1983, Allen left the company after being diagnosed with Hodgkin’s lymphoma.

Although he remained Microsoft’s vice president, he continued to work in other areas such as artificial intelligence, setting up new companies such as Vulcan. Paul Allen died of cancer on October 15, 2018.

Microsoft began producing Microsoft BASIC-based programming languages ​​on various personal computers such as the Apple II. On August 12, 1981, Microsoft launched MS-DOS, the operating system that later ensured its supremacy.

The first major successful operating system launched on August 24, 1995 – Windows 95, which included a new interface with the famous Start button and a web portal and Microsoft Network functionality. Also included are multiple applications: Microsoft Backup (in unexpected situations, files were copied and stored if the original files were destroyed), Internet Explorer web browser, Microsoft Paint for drawing, Windows Defrag (a process to reduce fragmentation), and Windows Scandisk (which checks for file system errors On disc and fix it), Windows Voice Recorder (to record audio), and popular Windows Minesweeper and Solitaire video games. In the same year as well.

On August 16, 1995, Microsoft and Thomas Reardon developed and launched the Internet Explorer web browser. In 1996, Microsoft launched Expedia, an online travel company, as the Internet’s first owner. In 1997, after a long struggle, Microsoft and Apple entered into a partnership, where Microsoft launched the Office package for the Macintosh operating system, provided the Internet Explorer functionality, and was offered it. One hundred fifty million as an investment.

Microsoft Windows

In 1998, Windows 98 was launched, and Microsoft’s India headquarters opened. The company has been accused by the US Department of Justice of unfair competition and forcing PC manufacturers to produce Windows screens and link Internet Explorer to Windows, with an agreement reached in 2002.

On October 25, 2001, Microsoft released one of the most popular operating systems in history, Windows XP, and on November 15, 2001, it launched the first Xbox console. In 2002, it launched the NET Initiative, which created a new API (a set of child program definitions, protocols, and tools for program and application programming.) That included a new programming language.

In 2003, Microsoft made its first appearance in the mobile market, launching the Windows Mobile phone operating system.

From 1995 to 2017, Bill Gates was named Forbes as the richest man on the planet (his fortune is estimated at $ 112 billion today); he retired from running the company in 2000 and turned to philanthropy and helping poor countries. He continued to work as a technical advisor and a member of the board of directors of Microsoft and Berkshire Hathaway, the industry group owned by billionaire Warren Buffett. But at the same time, he focused on creating the Bill & Melinda Gates Foundation to end poverty, boost education, and stop the disease.

The new CEO of Microsoft became Steve Ballmer and was followed by Satya Nadella in 2014.

In 2009, the company launched the Windows 7 operating system and the Bing search engine to replace MSN. In 2013, the Xbox One console was launched, Microsoft’s most successful console, with 47 million copies sold.

In 2015, Microsoft released the current operating system, Windows 10, with Cortana as the default voice assistant, being the first OS to be released for free.

Microsoft has annual revenues of $ 125 billion, assets of $ 287 billion, and employs 150,000 people worldwide.

Recent News & Activity of Microsoft – the company that started the digital revolution

Related startups


You know your business better then us. But we are know both sides cualter and interest points we can make your life easier and save your time! and we do it.
Who Are you?

You are beautiful!Congratulations on the end of registration