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Digital tax dispute: US suspends tariffs on UK, India, European nations

WASHINGTON: The US government announced Wednesday it is suspending for six months punitive tariffs on Britain, India...

Published 03 Jun, 2021 04:13am

US suspends tariffs on UK, India, EU nations in digital tax dispute: USTR

Biden's administration is pushing for a 15 percent global minimum corporate tax that aims to resolve the issue of corporations sheltering profits in low-tax nations.

Published 02 Jun, 2021 08:28pm

Technology

Facebook reverses course, won’t ban lab virus theory

WASHINGTON: Facebook has reversed its policy banning posts suggesting Covid-19 was man-made, on the heels of renewed...

Published 28 May, 2021 04:08am

World

Germany, France want to curb ‘killer’ Big Tech deals

BRUSSELS: The EU’s biggest economies Germany and France as well as the Netherlands want the bloc to secure beefier...

Published 28 May, 2021 04:08am

World

Twitter slams Indian police ‘intimidation’, new IT rules

NEW DELHI: The Indian government’s battle with social media giants escalated Thursday with Twitter accusing the...

Published 28 May, 2021 04:08am

WhatsApp sues India govt

NEW YORK: WhatsApp has filed a lawsuit in Delhi against the Indian government seeking to block regulations coming...

Published 27 May, 2021 03:40am

EU wants more from Big Tech against disinformation

BRUSSELS: The EU on Wednesday tasked tech giants such as Facebook, YouTube and TikTok to do more against...

Published 27 May, 2021 03:40am

World

After Amazon and Facebook, Germany opens Google antitrust probe

BERLIN: Germany’s antitrust regulator said Tuesday it has opened an investigation into Google over ...

Published 26 May, 2021 03:45am

Pakistan

Disabled persons: Facebook, GSMA focus on assistive tech

KARACHI: Marking the tenth anniversary of the Global Accessibility Awareness Day (GAAD) and to drive more...

Updated 24 May, 2021 08:28am

World

MI5 chief warns Facebook encryption gives ‘free pass’ to suspects

LONDON: Extremism on social media is as much a national security risk now as terrorism from Afghanistan or Syria, ...

Updated 23 May, 2021 10:38am

Technology

WhatsApp says it is still discussing data collection update in Turkey

"It is not the case that we no longer intend to roll out the update in Turkey. We continue to discuss next steps with the relevant authorities and we remain fully committed to delivering secure and private communications for everyone," WhatsApp said.
"We continue to roll out our update gradually around the world and the majority of people who have received it have accepted," WhatsApp added.

Published 21 May, 2021 06:53pm

Technology

Turkey says WhatsApp will drop data collection update after probe

"WhatsApp conveyed to us that the update in question involving data sharing would not be imposed on any users in Turkey, including those who approved it," the board said in a statement.

Published 21 May, 2021 02:20pm

World

EU lawmaker wants stronger privacy rights in proposed EU tech rules

The Digital Services Act, announced by the European Commission in December last year, requires the tech giants to do more to tackle illegal content such as hate speech and child sexual abuse material.
They will also have to do better against misuse of their platforms that impinges on fundamental rights, and intentional manipulation of platforms, such as using bots to influence elections and public health.

Published 19 May, 2021 07:44pm

Markets

Asian markets hit by volatility, oil down on Iran nuclear reports

"It's no surprise to me, as Chinese capital controls can be challenged by cryptocurrency purchases in the country and transfers out of the country," Adam Reynolds, of Saxo Markets, said.

Published 19 May, 2021 11:06am

Pakistan

Reuters, Facebook launch digital journalism training

KARACHI: Reuters has announced today the launch of the Reuters Digital Journalism Course, produced in partnership...

Updated 19 May, 2021 10:14am

World

Russia extends Twitter slowdown, warns Facebook, YouTube

MOSCOW: Russia said Monday it would continue slowing down Twitter’s operations over illegal content and threatened...

Updated 18 May, 2021 09:36am

Technology

Germany halts Facebook sharing WhatsApp data

BERLIN: A German regulator on Tuesday slapped a three-month ban on Facebook collecting user data from WhatsApp...

Updated 12 May, 2021 10:26am

Business & Finance

Facebook fights influence-for-hire campaigns

SAN FRANCISCO”: Facebook said that it had taken down nine deceptive online campaigns as marketing firms make a...

Updated 10 May, 2021 10:18am

Opinion

Facebook confronts human rights dilemma on political speech

Facebook Inc oversight board’s extension of former US President Donald Trump’s banishment from the social ...

Published 07 May, 2021 04:35am

Technology

Trump moves to assert party control despite Facebook ban

Cheney "continues to unknowingly and foolishly say that there was no election fraud in the 2020 presidential election when in fact, the evidence... shows the exact opposite," Trump seethed.

Published 06 May, 2021 10:52am

World

Facebook oversight board upholds Trump ban

WASHINGTON: Facebook’s independent oversight board on Wednesday upheld a ban on former US president Donald Trump...

Updated 06 May, 2021 10:18am

Markets

Nasdaq plummets

NEW YORK: The Nasdaq ended sharply lower on Tuesday as investors dumped megacap growth stocks to seek shelter in ...

Published 06 May, 2021 03:49am

World

Facebook oversight board to rule on Trump’s return to Facebook

Facebook's oversight board on Wednesday will decide whether to uphold the company’s indefinite suspension of former U.S. President Donald Trump.
Several academics and civil rights groups have publicly shared their letters urging the board to block Trump permanently, while Republican lawmakers and some free expression advocates have criticised the decision.

Published 05 May, 2021 05:08pm

Technology

Ruling on Trump ban marks defining moment for Facebook panel

"This Facebook oversight decision is a key litmus test for whether country-sized technology companies can effectively regulate themselves," said Lindsay Gorman, emerging technologies fellow at the nonprofit Alliance for Securing Democracy.

Published 05 May, 2021 11:25am

Verizon to sell Yahoo, AOL for $5bn

WASHINGTON: Verizon announced Monday it was selling faded internet stars Yahoo and AOL to a private equity firm for...

Published 04 May, 2021 04:26am

World

Facebook oversight board to announce decision on Trump ban on May 5

Facebook blocked Trump's access to his Facebook and Instagram accounts over concerns of further violent unrest following the Jan. 6 storming of the US Capitol by his supporters. It later handed the case to the oversight board.
The board, created by Facebook in response to criticism over its handling of problematic content, in mid-April said it had extended the public comment period on the case.

Published 03 May, 2021 07:45pm

Technology

Apple, Facebook deliver more blockbuster profits for tech

SAN FRANCISCO: Apple and Facebook delivered blockbuster profits on Wednesday in the latest sign of Big Tech’s...

Updated 30 Apr, 2021 10:33am

Technology

Apple, Facebook deliver more blockbuster profits for tech

The surging influence of Big Tech firms, including Amazon, which reports earnings Thursday, has led to calls for increased regulation, higher taxes and stronger antitrust enforcement to foster more competition.

Published 29 Apr, 2021 10:52am

Technology

Blockbuster Big Tech earnings reports to culminate with Amazon

The surging influence of Big Tech has led to calls for increased regulation, higher taxes and stronger antitrust enforcement to foster more competition.

Published 29 Apr, 2021 10:18am

Technology

KP passes resolution to turn on Facebook Monetization in Pakistan

Under the resolution, approximately five million Facebook users producing quality content in Pakistan especially the youth can benefit from the positive use of Facebook and earn money.

Published 27 Apr, 2021 10:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 22	278.62
USD PKR Interbank Buying / May 22	278.42
USD to Japanese Yen / May 22	156.82
USD to Swiss Franc / May 22	0.92
Pound Sterling to USD / May 22	1.27
Euro to USD / May 22	1.08

Stock	Volume
S&P 500 / May 22	5307.01
India Sensex / May 22	74221.06
Tokyo Nikkei / May 22	38876.82
Nasdaq / May 22	16801.54
Hang Seng / May 22	19024.41
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20

Item	Value
Crude Oil USD/Barrel / May 22	76.88
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold 10 Grams PKR / May 22	212791
Gold Spot USD/Ounce / May 22	2371.48
Cotton US¢/pound / May 22	79
Petrol/Litre / May 23	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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