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A century-old Gulf trading dynasty is making a bold bet on blockchain. Abdulla Kanoo, heir to a hundred and thirty-five year family empire, is building settlement infrastructure through his firm ARP Digital for trade flows between emerging economies — a market analysts say could reach thirty-two trillion dollars by two thousand and thirty. It is less about crypto speculation and more about plumbing for a reshaping global economy.
Snap is back in the hardware game, and this time the price tag reflects serious ambition. The Snapchat parent has unveiled augmented reality glasses carrying a two thousand one hundred and ninety-five dollar price point, with a shipping window set for this autumn. After a string of costly stumbles with earlier wearable products, Snap is clearly betting that the market has finally caught up to the vision.
Meanwhile, across the Atlantic, British regulators are tightening their grip on Google's search dominance. The UK's Competition and Markets Authority has issued new conduct requirements forcing greater transparency around how Google ranks results, and giving users the ability to port their search data elsewhere. It is a quiet but consequential move in the long effort to open up one of tech's most powerful black boxes.
That is your briefing for today. Keep surfing. Tech Beat out.
