News

LinkedIn Adds Message Safety Tools And Focused Inbox

The business networking and recruitment platform is cracking down on spam messages and scams.

Published

1 year ago

December 3, 2022

linkedin adds message safety tools and focused inbox

LinkedIn has just made some changes to its direct messaging service to help its 875 million members avoid spam and attempted scams. The business networking site is seeing growth rates of up to 34% a year, with 21 inMails sent every second, so it is keen to ensure that new and existing users are kept safe.

LinkedIn’s first change is the rollout of a new “focused” option for incoming messages, which will relegate unwanted mail to an “Other” box. Switchable automatic spam and harassment detection should help to send spam and legitimate mail to the right places, and a new feature is also available to report unwanted messages.

The company states that Focused Messages will help to present “the most relevant new opportunities and outreach”. LinkedIn says that the feature uses AI algorithms which learn from what you open and interact with to tailor a custom inbox experience.

Also Read: How To Find The Best Remote Work Opportunities In The Middle East

Alongside these messaging additions, LinkedIn says it will also add live captioning to video messages to improve accessibility — a move that is thought to signal the platform’s greater focus on messaging as a more standalone service.

The new features were being tried out in smaller control groups to gauge their effectiveness but are now going global, with all users expected to see the updates soon.

News

Binance Receives Virtual Assets License To Operate In Dubai

As its user base nears 200 million, CEO Richard Teng believes crypto adoption will soar over the next half of the decade.

Published

18 hours ago

April 19, 2024

Nour Nasir

binance receives virtual assets license to operate in dubai

Global crypto exchange Binance has been granted a full operational license in Dubai, in a move that’s expected to accelerate digital asset adoption and strengthen the UAE’s regulatory landscape.

The virtual asset service provider license (VASP) was granted by the Dubai Virtual Assets Regulatory Authority (VARA) and will allow Binance to extend its current range of services to retail investors, the company announced yesterday.

The move by Dubai authorities will be critical to Binance’s strategy of growing its user base globally. The crypto exchange expects to pass the 200 million user mark “quite shortly”, according to Richard Teng, the company’s CEO.

Once that milestone is achieved, Binance will have around twice as many users as rival platform Coinbase. Meanwhile, Crypto.com, another popular exchange with 80 million users, received a Dubai VASP license last week.

“We’re seeing much greater institutional adoption and institutional money coming into this space [along with] much greater regulatory clarity and a lot more jurisdictions approving [digital asset] products that bring in new investor classes,” Binance’s Richard Tang explained, adding: “As of now, we stand at about 5% crypto adoption globally, but that will become much faster moving forward”.

Also Read: Microsoft Invests $1.5 Billion In Abu Dhabi AI Tech Firm G42

Dubai and the UAE are extremely supportive of technologies like digital assets, and have already launched initiatives to boost adoption. The UAE has ambitious plans to become a world leader in the crypto economy of the future, with Dubai in particular being noteworthy for passing a new law to regulate virtual assets to support investors and exchanges.

“Global crypto regulation is currently showing diverging signs. Some developed countries have long suffered from crypto-related frauds and illegal exchanges. On the other hand, emerging nations like the UAE and Singapore have enacted crypto laws at faced pace,” said Vijay Valecha, chief investment officer of Dubai-based Century Financial.

As the UAE gears up to become one of the fastest-growing crypto capitals worldwide, investors and talent are flocking to places like Dubai. During 2023, the Emirates as a whole realized $204 million in capital gains from cryptocurrency investments, according to blockchain data analysts Chainalysis.