- Centerstage Events

The UAE granting its first lottery license to a company called The Game LLC, signaling a potential move towards legalizing casinos and other gaming activities takes the centerstage among all global events which has happened over this week.
Picture Courtesy: Profit loss

Centerstage events of week 5

In a First! The United Arab Emirates (UAE) has granted its…

In a First! The United Arab Emirates (UAE) has granted its first lottery license to a company called The Game LLC, signaling a potential move towards legalizing casinos and other gaming activities. The UAE’s General Commercial Gaming Regulatory Authority announced the license, describing it as a significant step in establishing a regulated gaming environment. Legalizing gambling could boost tourism and investment, potentially generating $6.6 billion in revenue, surpassing Singapore's figures.

Sunday, 28 July, 2024

Venezuela recalls its diplomats from several countries after they…

Venezuela recalls its diplomats from several countries after they oppose the election outcome. Panama suspends relations with Venezuela, withdrawing its diplomats until the election results are fully reviewed. This happens one day after Incumbent President Nicolás Maduro is declared the winner amid opposition claims of irregularities.

Monday, 29 July, 2024

Tesla is recalling over 1.8 million electric vehicles in the U.S. due to…

Tesla is recalling over 1.8 million electric vehicles in the U.S. due to a software issue that could cause the hood to open while driving, blocking the driver's view and increasing the risk of an accident. The recall affects Model S, 3, X, and Y vehicles. Tesla is fixing the problem with a free over-the-air software update, which began on June 18. No crashes or injuries have been reported.

Tuesday, 30 July, 2024

Intel is cutting 15% of its workforce, about 15,000 jobs, to…

Intel is cutting 15% of its workforce, about 15,000 jobs, to save $10 billion by 2025 and stay competitive with rivals like Nvidia and AMD. CEO Pat Gelsinger says the company needs to reduce costs and improve margins, as revenue hasn't grown as expected, especially with trends like AI. Intel will offer retirement packages and voluntary departure options to eligible employees next week.

Wednesday, 31 July, 2024

When will social media platforms learn to be neutral and not judgmental?

When will social media platforms learn to be neutral and not judgemental? Turkey has blocked access to Instagram, following accusations of censorship by a high-ranking Turkish official. The country’s communications authority, BTK, announced the ban, making the platform's mobile app inaccessible. The decision was made on August 2, but BTK did not provide a reason or indicate how long the ban will last.

Thursday, 1 August, 2024

In a first, parts of Antarctica have experienced temperatures 50 degrees…

In a first, parts of Antarctica have experienced temperatures 50 degrees Fahrenheit above average, with this heat expected to last into early August. This unusual warmth during Antarctica's coldest season concerns scientists, as it may signal future environmental challenges and contribute to rising sea levels. Antarctica holds most of the Earth's ice, and if it fully melts, global sea levels could rise by over 100 feet.

Friday, 2 August, 2024

Participants form other countries winning a medal in Olympics is normal…

Participants form other countries winning a medal in Olympics is normal, but Daniel Varela de Pina creates history for Cape Verde and wins a bronze medal in Men's flyweight boxing, earning Cape Verde its first ever Olympic medal.

Saturday, 3 August, 2024