ITP.net’s tech 2017 round-up: June

Bounced cheques, new ransomware takes centre stage and Careem received hefty investment

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ITP.net’s tech 2017 round-up: June
By  Aasha Bodhani Published  December 26, 2017

June began with the former Pacific Control CEO, Dilip Rahulan, facing arrest for a bounced cheque worth AED21 million. ITP.net had seen documents signed by Dubai Prosecution ordering Rahulan to return to the UAE to serve his three year sentence for issuing two dud cheques to businessman identified as Shah Vinodchandra. Rahulan is believed to be currently residing in the U.S.

The start of Uber's downfall began when its former CEO Travis Kalanick took an indefinite leave of absence when a report emerged that stating that Uber's workplace culture had been called action to ‘review and reallocate' Kalanick's role in the company. Kalanick shortly after resigned as CEO, citing that he had ‘accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight'.

On the flip side, the region's ride-haling service Careem took a win after Saudi billionaire Prince Alwaleed bin Talal invested $150m. Careem had closed its investment round with a total of $500m, as luxury-car maker Daimler AG had also chipped in. This year alone Careem has grown in strength and the service has also launched its own fashion platform, dubbed ‘Dukkan Careem'.

Dubai's flying taxis were set to be available to the public in July, however the Roads and Transport Authority (RTA) announced the decision to trial the taxis in Q4 to ensure safety and security requirements had been approved.

HMD Global debuted three phones in the UAE market in June; the Nokia 6, Nokia 5 and Nokia 3. After bringing back the Nokia 3310, the company also wanted to release a fresh new line-up of smartphones. Each handset was catered to suit individual needs and more importantly suit everyone's budget. Later in the year HMD Global also released the high-end Nokia 8, ideal for the selfie enthusiasts.

The end of June took a turn for the worst as a new ransomware dubbed Petya surfaced with the capabilities of hijacking systems within businesses and government agencies. Petya lcoked users out of their own systems which then followed a demand in payment of $300 to release the stolen data. The attack took place one month after WannaCry.

Find out what happened in July 2017.

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