TECHNOLOGY
Moderna swings to $2.8bn profit as revenues soar on Covid-19 vaccine
Revenue jumped to $4.4bn in the second quarter from $67m in the same period in 2020

Business

Robinhood stock jumps as high as 82% pushing company market value to $65bn
Uber posts a loss despite revenue more than doubling as driver incentives increase
DHL adds all-electric cargo planes to its fleet
Automation start-up Yellow.ai raises $78.2m to boost expansion
Sheikh Mohammed issues decree to regulate use of 3D printing in construction
UAE and Facebook to train 50 top university students in coding
Dubai start-up Titan raises $30m from parent company of WordPress.com
UAE's baraka secures regulatory approval for online trading
Lyft narrows second-quarter loss as revenue rebounds 125%
Alibaba posts first-quarter profit despite fine as revenue soars 34%
Saudi Arabian AI start-up Intelmatix secures funding from STV and Sultan Holdings
Saudi Telecom’s Q2 profit up 3.6% on reduced expenses
Elon Musk rejects report he demanded to replace Tim Cook as Apple CEO
Kuwait’s newly formed Zain Ventures invests in Swvl and FinTech start-up Pipe
ADIB becomes first UAE bank to adopt facial recognition for account openings
Jack Dorsey's Square to buy Afterpay for $29bn
US investment ban on Chinese companies probably priced into market
Generation Start-up: New app empowers youth to take control of their financial futures
Global smartphone shipments up 13% in second quarter on increased spending
Binance to wind down crypto derivatives in Europe amid growing regulatory pressure
TECHNOLOGY
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