Newsletter Subscribe
Enter your email address below and subscribe to our newsletter
Al-Bayan Magazine
Al-Bayan Magazine
Ferrari is about to join the Metaverse
Ferrari, an iconic automaker in the real world, is now looking to bolster its brand in the metaverse. The Italian maker of luxury cars has set up a department focusing on digital services that’s exploring opportunities arising from the space…
Alphabet eyes US $ 2 T Value after Blowout Results
Google parent company Alphabet advanced nearer to joining peers Apple and Microsoft in the elite $2 trillion market valuation club on Wednesday as the search giant’s shares surged more than 8% following a great quarterly report. Alphabet also announced a…
Facebook’s Meta Loses USD $ 230 B in Historic Wipeout
Facebook parent Meta plunged as much as 26% at the open, erasing more than $230 billion in market value — on pace for the biggest wipeout ever in U.S. market history. Facebook’s user base faltered last quarter, the first stagnation…
Metaverse Real Estate Sales top US $ 500 M
Sales of real estate in the metaverse topped $500 million last year and could double this year, according to MetaMetric Solutions. “There are big risks, but potentially big rewards,” said Janine Yorio, CEO of Republic Realm, a metaverse real estate…
BlackBerry to Sell Patents for US $ 600 M
BlackBerry said on Monday it will sell its legacy patents primarily related to mobile devices, messaging and wireless networking for $600 million to a special purpose vehicle formed to acquire the company’s patent assets. BlackBerry said the transaction with the…
The Hedge Fund that made US $ 700 M on GameStop knew it was Time to Sell
One hedge fund got the GameStop trade just about perfectly right last year — buying it under $10 and selling when the meme stock peaked. The sell signal it used? An Elon Musk tweet. That’s how 2021′s top-performing…
Wall Street’s Big Bet on Chinese Markets is going all Wrong
The bar for China’s financial markets to do better this year was so low, virtually everyone on Wall Street was saying the country’s stocks and bonds could only go up. That bet isn’t going so well. Mainland equities just entered…
TIME Hotels Expands its Senior Management Team
TIME Hotels Management CEO, Mohamed Awadalla said: “With these great new additions to the TIME Hotels team, we are looking to continue maintaining, expanding and delivering international standards of hospitality service throughout the region. Meet the team: Toufic Tamim, Vice…
IsDB carried out Cataract Campaigns in Niger
As part of the celebration of the International Day of the Elderly, the Islamic Development Bank (IsDB), the Islamic Solidarity Fund for Development (ISFD) and the Ministry of Public Health, Population and Social Affairs of Niger launched three cataract surgery…
Walmart is preparing to Create its own Crypto
Walmart is setting foot in the world of crypto and NFTs, filings with the U.S. Patent and Trademark Office reveal. The retail giant is keen to join the metaverse, with documents showing they intend to make and sell virtual goods…
