Finance

Lone Star Among New Entrants to Abu Dhabi’s Finance Hub

Lone Star Funds is preparing to open a new office in Abu Dhabi, marking its entry into the emirate as a strategic base for further expansion across the Middle East. The global asset management firm, which currently holds capital commitments totaling $95 billion, has secured in-principle approval to establish its presence in Abu Dhabi’s prestigious financial district. This move positions Lone Star alongside other major international firms that have chosen the emirate as a key location to strengthen their footprint in the rapidly growing Middle Eastern market.

TECH

Mozilla Unveils Bold Rebrand to Lead the Next Era of Tech

SA stylized green flag on a black background features a vertical line and a partial rectangle to represent the flag, while the "3" is designed with sharp, angular geometric shapes. Mozilla is not just another tech company — we are a global team of activists, technologists, and creators dedicated to keeping the internet free, open, and accessible. For more than 25 years, we've advocated for the web to be a space for everyone, regardless of identity or background. Now, with a refreshed brand, we are looking forward to the next 25 years and beyond, building on our past achievements and developing new tools that empower people to take control of their online experiences.

“As our personal relationships with the internet have evolved, so has Mozilla’s, giving us the ability to adapt to the moment and help people regain control over their digital lives,” said Mark Surman, president of Mozilla. “Since we open-sourced our browser code 25 years ago, our mission has remained unchanged – to build and support technology for the public good, fostering more innovation, competition, and choice online. Although we’ve led the way in privacy and open-source development, we realized that people weren’t seeing the full scope of what we do. We missed opportunities to engage both new and existing users. This rebrand is more than just a visual update — it's the beginning of the next 25 years of growth.”

CRYPTO

Bitcoin Hits $100,000 for the First Time: 3 Things to Understand

Bitcoin reached $100,000 for the first time on Wednesday, marking a remarkable milestone for the cryptocurrency, which was created over 15 years ago from what began as a mysterious computer code.

The surge in Bitcoin's value has been nothing short of extraordinary, having more than doubled in value this year, driven in part by the election of Donald Trump.

Trump's influence on the crypto market is clear. He has pledged to make the U.S. the "crypto capital of the planet" by introducing friendly regulations and reversing the tough enforcement actions taken under President Joe Biden.

Bitcoin's leap to the $100,000 mark came shortly after Trump nominated crypto supporter Paul Atkins as the next chair of the Securities and Exchange Commission, sparking optimism for a more crypto-friendly approach from Wall Street regulators.