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Apple

Facebook profit surges

SAN FRANCISCO: Facebook profit surged in the final three months of last year as people enduring the holidays in a...

Published 29 Jan, 2021 04:55am

Business & Finance

Apple tops expectations on record iPhone revenue, China sales surge

SAN FRANCISCO: Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations,...

Published 29 Jan, 2021 04:55am

Technology

Apple logs record quarterly smartphone shipments, Huawei in freefall

According to IDC, it now ranks 5th compared with the No. 2 ranking it had only two quarters earlier.

Published 28 Jan, 2021 10:48am

Markets

How retail traders squeezed Wall Street for bets against GameStop

Retail investors' participation in US equity order flows increased to nearly 20% in 2020 from 15% in 2019, while orders from long-only funds fell to 6.4% last year from 9.7% in 2019, data from Swiss bank UBS showed.

Published 28 Jan, 2021 10:25am

World

Facebook scores earnings beat on holiday retail advertising; Apple privacy changes loom

The world’s biggest social media company said it expected to face “significant ad targeting headwinds in 2021.

Published 28 Jan, 2021 09:35am

Technology

Apple warns, iPhone 12, MagSafe accessories could interfere with pacemakers

Apple insists that the MagSafe and MagSafeDo accessories contain radio signals and that their magnetic and electromagnetic fields can interfere with the functioning of medical devices.

Published 26 Jan, 2021 03:10pm

Technology

Apple warns iPhone 12 and MagSafe Users to stay away from Pacemakers

Apple warns users of iPhone 12 and MagSafe accessories to maintain a distance of more than 6 inches away from implanted medical devices like pacemakers.

Updated 25 Jan, 2021 08:18pm

Markets

Wall Street week ahead: Tech shares could retake reins as earnings heat up

NEW YORK: A bevy of major US earnings reports next week led by Apple, Microsoft and Facebook could help technology...

Published 25 Jan, 2021 04:23am

Technology

Developer complains to EU over Apple, Google app rules after COVID game rejected

Several developers have challenged Google and Apple over their app policies, triggering calls for regulatory action as nearly all smartphones outside restricted markets such as China come with either Google's Play store or Apple's App Store.
In the United States, state attorneys general are planning a lawsuit against Google over its Play Store for Android phones following complaints.

Published 22 Jan, 2021 08:25pm

Technology

Apple to bring a thinner MacBook Air with Magnetic Charger

Apple Inc. plans on launching a thinner and lighter MacBook Air with a magnetic charger during the second half of this year or in 2022.

Updated 22 Jan, 2021 05:00pm

Business & Finance

South Korea's Kia says looking at electric car projects with multiple firms after Apple report

Kia last week changed its corporate brand to simply 'Kia' from 'Kia Motors' in what it said was part of a new strategy aimed at taking the company "beyond vehicle manufacturing to create sustainable mobility solutions", without providing specific details of new projects.

Published 20 Jan, 2021 11:45am

Business & Finance

After dizzying gyrations, what's bitcoin really worth?

He added that the bulk of investors are not day-to-day traders, but people making a long-term punt -- and he estimates that the spectacular price boom of recent weeks has involved only around five millions units.

Published 17 Jan, 2021 10:03am

World

Watchdogs across EU should be allowed to challenge Facebook, EU court adviser says

The adviser to the EU’s top court has issued a recommendation to allow data protection agencies in any EU country to take legal action against Facebook or any other tech firm even if their regional headquarters are in a different EU state.
If the recommendation is followed, it could prompt action by national agencies in the 27-member EU against other U.S. tech companies, such as Google, Twitter and Apple, which also have their EU headquarters in Ireland.

Published 13 Jan, 2021 03:45pm

Business & Finance

Apple, Hyundai to agree on electric car tie-up early this year

The latest report said the pair plan to build the cars at Kia Motors' factory in Georgia, or jointly invest in a new factory in the United States.

Published 10 Jan, 2021 05:42pm

Technology

Amazon pushes Parler offline after Capitol attack

Google pulled Parler from its app store for allowing "egregious content" that could incite deadly violence like that seen at the Capitol.

Published 10 Jan, 2021 10:50am

Business & Finance

Hyundai says in early talks with Apple after electric vehicle tie-up report

The report comes weeks after Reuters reported that Apple was moving forward with self-driving car technology and was aiming to produce a passenger vehicle that could include its own breakthrough battery technology as early as 2024.

Published 09 Jan, 2021 11:35am

World

Google suspends Parler social networking app from Play Store; Apple gives 24-hour warning

Apple Inc on Friday also gave the service 24 hours to submit a detailed moderation plan, pointing to participants using the service to coordinate Wednesday’s siege of the U.S. Capitol building.

Published 09 Jan, 2021 10:51am

Business & Finance

Hyundai in early, unspecified talks with Apple; broadcaster says discussing electric vehicles

Hyundai Motor shares soar 24% on Korea Economic Daily TV report.
Hyundai says receiving EV project requests from various firms.

Published 08 Jan, 2021 09:39am

Business & Finance

USTR slams India, Italy, Turkey on digital taxes but holds off on tariffs

The probes are among several still open USTR Section 301 investigations that could lead to tariffs before President Donald Trump leaves office or early in the administration of President-elect Joe Biden. Among these is a more advanced probe into France’s digital services tax.

Published 07 Jan, 2021 09:54am

Technology

Apple ties exec bonuses to social, environmental values

"We believe diversity drives innovation and is key to our success."

Published 06 Jan, 2021 11:24am

Technology

Samsung vows to get ‘even more epic’ with upcoming entry of Galaxy S21

As per details, at the January 14 virtual event, Samsung will unveil three different models of its new phone, including the 6.2-inch S21, the 6.7-inch S21 Plus and the 6.8-inch S21 Ultra.

Published 05 Jan, 2021 04:11pm

Technology

Breaker podcasting platform team joins Twitter

Twitter recently began letting a "very small" group of users create Spaces, which it described as online venues "built around the voices of the people using Twitter."

Published 05 Jan, 2021 08:45am

Technology

Apple bringing in major changes in its keyboard

As per details, there will be two types of displays on the keyboard which will show the pictures of the key label.

Published 02 Jan, 2021 04:53pm

Technology

WhatsApp may not run on these smartphones from January 1st

But the bad news is that the customers of some old Apple and Android phones will have no choice but to give up and buy a new phone. Such phones are still used in large numbers around the world.

Updated 30 Dec, 2020 04:02pm

Technology

Tech's reign over US stock market to be tested in 2021

Even some strategists who like other stocks aren't straying far from tech. BMO Capital Markets cut tech to "market weight" for 2021 but urged investors to maintain positions rather than sell.

Published 28 Dec, 2020 11:40am

Business & Finance

Apple targets car production by 2024 and eyes 'next level' battery technology

The iPhone maker’s automotive efforts, known as Project Titan, have proceeded unevenly since 2014 when it first started to design its own vehicle from scratch.

Published 23 Dec, 2020 10:52am

Markets

Tesla pulls S&P 500 lower for second day in index

Apple jumped over 3% on Tuesday, increasing the iPhone maker's stock market value by more than the entire value of General Motors.

Published 23 Dec, 2020 02:43am

Business & Finance

Exclusive: Apple targets car production by 2024 and eyes 'next level' battery technology - sources

Apple’s goal of building a personal vehicle for the mass market contrasts with rivals such as Alphabet Inc’s Waymo, which has built robo-taxis to carry passengers for a driverless ride-hailing service.

Published 22 Dec, 2020 09:34am

Business & Finance

Apple says no new business for supplier Wistron after India plant violence

Wistron failed to implement proper working hour management processes, which “led to payment delays for some workers in October and November,” Apple said.

Published 19 Dec, 2020 03:18pm

Technology

Apple shuts some California stores as coronavirus cases spike

Apple’s website showed that at least 12 stores were being shut starting Friday and Saturday, including those at Grove, Sherman Oaks and Beverly Center, just a week ahead of peak holiday season.

Published 19 Dec, 2020 10:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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