In this scene from the third Transformers movie, the Decepticon Mothership invades Chicago.
In this scene from the third Transformers movie, the Decepticon Mothership invades Chicago.

Movie review: Transformers: Dark of the Moon



Transformers: Dark of the Moon
Director: Michael Bay
Starring: Shia LaBeouf, Rosie Huntington-Whiteley, Patrick Dempsey
*

There is an automated character in Transformers: Dark of the Moon called the Driller. It's a giant metallic worm-cum-super-drill, two city blocks wide and six blocks long, and it consumes everything in its path. Overground, underground, at street level, or straight through entire buildings like a knife through butter, there is nothing that the noisy, soulless Driller can't turn into pulverised mush within seconds. As such, the Driller is not just the star robot (he is a "Decepticon", and controlled by the villainous Shockwave) of Michael Bay's third, and $195 million budgeted (Dh716m), instalment in the Transformers franchise. He is also very much a metaphor for the movie itself - perhaps even for the entire series - always crashing, smashing and devouring, moving ever onwards, omnivorously, unthinking and unfeeling at every turn.

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Dark of the Moon, however, starts off with mild hints of intrigue that last for at least 15 minutes (the film, it must be noted, is more than 150 minutes long and somehow manages the tricky feat of moving at a breakneck pace while seeming nonetheless interminable). In a surprisingly ambitious pre-credits sequence, we learn of the huge civil war that once engulfed the home Transformer planet of Cybertron. We learn, too, of how a life-saving "ark" spaceship, filled with the secret of hope to all future Transformer civilisations, crash-landed on the moon in the early 1960s. And we also learn how JFK himself (shown in fake flashback via a hopelessly synthetic CG mannequin) ordered sizeable increases in Nasa's Apollo Program solely to get US personnel on to the moon to investigate the crash site.

So far, so curious. And then, however, enter stage left franchise hero Sam Witwicky (LaBeouf) and his new girlfriend Carly (Huntington-Whiteley). Ignore, for a moment, the fact that the former underwear model Huntington-Whiteley (replacing the axed starlet Megan Fox) struggles with basic lines such as, "Do you want some money for lunch?" Ignore, also, the fact that LaBeouf's highly agitated and broadly hysterical "schtick" is beginning to wear thin (he's been around Transformers for three movies and five years now - what's left to be surprised by?). The pair, nevertheless, are illustrative of what's wrong, and has always been wrong, with the Transformers movies: namely, they don't care about people. Instead, Sam and Carly are given phoney dramatic dilemmas (he wants a job; she wants emotional security) while being mostly asked to stand back and watch the giant robots smack each other to pieces across deserts, boulevards and Russian power stations.

Bay is perhaps aware of this disconnect more than anyone. And he does, on several occasions here, try to insert the human players directly into the centre of the ho-hum metallic mayhem (the nasty Decepticons want to use the secret of the ark spaceship to control the world; the good Autobots want to stop them; battle ensues). Plus, he allows supporting players such as John Malkovich, John Turturro and Patrick Dempsey plenty of time to gamely chew their cameo roles. But, inevitably, this movie is about giant shiny special effects clashing with other giant shiny special effects. It's loud, it's chaotic, and it's hardly cinema as we know it. But the Driller would be proud.

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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5

Tales of Yusuf Tadros

Adel Esmat (translated by Mandy McClure)

Hoopoe

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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
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8 traditional Jamaican dishes to try at Kingston 21

  1. Trench Town Rock: Jamaican-style curry goat served in a pastry basket with a carrot and potato garnish
  2. Rock Steady Jerk Chicken: chicken marinated for 24 hours and slow-cooked on the grill
  3. Mento Oxtail: flavoured oxtail stewed for five hours with herbs
  4. Ackee and salt fish: the national dish of Jamaica makes for a hearty breakfast
  5. Jamaican porridge: another breakfast favourite, can be made with peanut, cornmeal, banana and plantain
  6. Jamaican beef patty: a pastry with ground beef filling
  7. Hellshire Pon di Beach: Fresh fish with pickles
  8. Out of Many: traditional sweet potato pudding
How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

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UAE's role in anti-extremism recognised

General John Allen, President of the Brookings Institution research group, commended the role the UAE has played in the fight against terrorism and violent extremism.

He told a Globsec debate of the UAE’s "hugely outsized" role in the fight against Isis.

"It’s trite these days to say that any country punches above its weight, but in every possible way the Emirates did, both militarily, and very importantly, the UAE was extraordinarily helpful on getting to the issue of violent extremism," he said.

He also noted the impact that Hedayah, among others in the UAE, has played in addressing violent extremism.

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