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Meta, Google defend Brazilian law on Internet platform responsibility for content

BRASILIA: Meta Platforms Inc and Alphabet Inc’s Google defended before the Supreme Court on Tuesday a Brazilian law...

Published 28 Mar, 2023 08:08pm

Technology

Facebook-parent Meta to lay off 10,000 employees in second round of job cuts

Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000...

Published 14 Mar, 2023 06:51pm

Technology

Meta explores decentralized social network app for text updates

Meta Platforms Inc is exploring a standalone decentralized social network for sharing text updates, a company...

Published 10 Mar, 2023 12:32pm

Technology

E-commerce scams: Meta partners with PTA, TDAP to raise awareness

LAHORE: Meta, formerly the Facebook Company, has partnered with the Pakistan Telecommunication Authority (PTA) and...

Published 03 Mar, 2023 06:12am

Technology

Facebook, Instagram roll out paid subscription in Australia, New Zealand

SYDNEY: Facebook and Instagram began a week-long rollout of their first paid verification service on Friday, testing...

Published 24 Feb, 2023 10:07am

World

Facebook-owner Meta to roll out paid subscription

SAN FRANCISCO: Facebook and Instagram owner Meta will launch a paid subscription service starting at $11.99 a month...

Published 19 Feb, 2023 10:28pm

World

US Supreme Court takes on immunity for tech giants

WASHINGTON: The US Supreme Court this week examines a quarter-century old law that has protected tech companies from...

Published 19 Feb, 2023 11:40am

Technology

Google, Twitter, Meta, Apple face tougher EU online content rules

BRUSSELS: Alphabet Inc’s Google, Facebook parent Meta Platforms Inc, Twitter and Apple face stricter EU online...

Published 17 Feb, 2023 03:17pm

Business & Finance

Dell to cut 5pc of its global workforce

WASHINGTON: American computer firm Dell said Monday that it will lay off some five percent of its global workforce,...

Published 13 Feb, 2023 05:57am

World

US cargo train derails, causing huge fire and leaking hazardous gas

EAST PALESTINE: A cargo train derailed in the midwestern United States, sparking a massive fire and triggering the...

Published 05 Feb, 2023 10:08am

Markets

Nasdaq soars more than 3pc on Meta boost

NEW YORK: The Nasdaq rose to a near five-month intraday high as Meta Platforms surged on rigorous cost controls,...

Published 03 Feb, 2023 06:17am

Technology

Big Tech earnings expected as Meta share price skyrockets

SAN FRANCISCO: Tech giants Google, Apple and Amazon will report their latest results on Thursday as shares in Meta...

Published 02 Feb, 2023 09:44pm

Technology

Facebook seeks to block $3.7bn UK mass action over market dominance

LONDON: Facebook on Monday asked a London tribunal to block a collective lawsuit valued at up to 3 billion pounds...

Published 30 Jan, 2023 06:40pm

World

Brazil investigates who led anti-democratic riots in capital

BRASILIA: Brazil’s Supreme Court late on Sunday removed the governor of Brasilia from office for 90 days due to...

Published 09 Jan, 2023 11:32am

Technology

Meta set to make decision on Trump’s return to Facebook

Facebook owner Meta Inc is preparing to announce whether it will allow former US President Donald Trump back on to...

Published 01 Jan, 2023 11:32am

Technology

Registration of SSMCs under rules: Despite reminders, major social media platforms not responding positively: PTA

ISLAMABAD: The Pakistan Telecommunica-tion Authority (PTA) has blamed major social media platforms i.e. Facebook,...

Published 28 Dec, 2022 04:12am

Technology

Meta to settle Cambridge Analytica scandal case for $725m

BOSTON: Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit accusing...

Published 26 Dec, 2022 05:48am

World

Three emergency services workers killed while demining Ukraine’s Kherson

Three Ukrainian emergency services workers were killed on Saturday when a mine exploded while they were demining...

Published 25 Dec, 2022 12:48pm

Technology

Facebook agrees to pay $725mn to settle privacy suit

SAN FRANCISCO: Facebook parent Meta has agreed to pay $725 million to settle a long-running lawsuit that accused the...

Published 23 Dec, 2022 03:05pm

World

Meta ‘breached EU antitrust rules’ on Facebook ads

BRUSSELS: US online giant Meta appears to have “breached EU antitrust rules” in the online classified section of its...

Published 19 Dec, 2022 05:57pm

Life & Style

Beloved ‘Hollywood Cat’ mountain lion euthanized in Los Angeles

WASHINGTON: Hollywood Cat is no longer. The Los Angeles area’s most famous mountain lion, an aged wild male feline...

Published 18 Dec, 2022 10:40am

Technology

Twitter aims to diversify beyond advertising, but can it be done?

SAN FRANCISCO: Is it a pipe dream or a possibility? Elon Musk wants to meaningfully diversify Twitter’s revenue...

Published 28 Nov, 2022 05:48am

Perspectives

Twitter in trial and error mode: bumpy road ahead for social media?

Recent back-to-back ordeals faced by Twitter following its acquisition by Elon Musk have proven to be a lesson for...

Published 27 Nov, 2022 05:38pm

Pakistan

IESCO’s E-Kachery today

ISLAMABAD: In continuation of the customer friendly policies, in-charges of all operations circles of IESCO will...

Published 24 Nov, 2022 04:28am

Technology

India proposes guidelines to combat fake online reviews and ratings

NEW DELHI/BENGALURU: India launched a crackdown on Monday against fake consumer reviews and unverified ratings in a...

Published 21 Nov, 2022 07:59pm

World

Web giants to submit user data as EU law comes into effect

BRUSSELS: A new EU law imposing stricter online regulation comes into effect Wednesday and the biggest platforms ...

Published 21 Nov, 2022 07:47am

Technology

Facebook owner Meta to lay off 11,000 staff

PARIS: Facebook owner Meta will lay off more than 11,000 of its staff in “the most difficult changes we’ve made...

Published 10 Nov, 2022 07:13am

Business & Finance

Meta to cut more than 11,000 jobs in one of the biggest layoffs this year

Meta Platforms Inc said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one...

Updated 09 Nov, 2022 06:10pm

World

Elon Musk's Twitter girds for surge in US midterm election misinformation

Days after Twitter Inc fired half its staff and new owner Elon Musk tweeted a recommendation to vote for Republican...

Published 08 Nov, 2022 11:18pm

World

Meta planning massive layoffs: report

SAN FRANCISCO: Facebook-parent Meta will become the latest tech firm to scale back its workforce, with plans to...

Published 07 Nov, 2022 12:11pm

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 29 The Pakistan General Insurance Co. Ltd.(PKGI)	4.42 ▲ 0.62 (16.32%)
Popular Islamic / Mar 29 Popular Islamic Modaraba(PIM)	8.15 ▲ 1.00 (13.99%)
KASB Modaraba / Mar 29 KASB Modaraba(KASBM)	1.24 ▲ 0.15 (13.76%)
Invest Bank / Mar 29 Invest Capital Investment Bank Limited(ICIBL)	1.19 ▲ 0.10 (9.17%)
Khyber Tex. / Mar 29 Khyber Textile Mills Limited(KHYT)	369.70 ▲ 25.79 (7.50%)
J.K.Spinning / Mar 29 J.K. Spinning Mills Limited(JKSM)	43.32 ▲ 3.02 (7.49%)
Khairpur / Mar 29 Khairpur Sugar Mills Limited(KPUS)	67.61 ▲ 4.71 (7.49%)
Quetta Textile / Mar 29 Quetta Textile Mills Limited(QUET)	15.22 ▲ 1.06 (7.49%)
Zahid Jee Textile / Mar 29 Zahidjee Textile Mills Limited(ZAHID)	26.87 ▲ 1.87 (7.48%)
Shield Corp. / Mar 29 Shield Corporation Limited(SCL)	304 ▲ 20.89 (7.38%)

Stock	Price
Pak. P.V.C. / Mar 29 Pakistan PVC Limited(PPVC)	3.91 ▼ -0.99 (-20.20%)
First Pak Mod. / Mar 29 First Pak Modaraba(PAKMI)	1.20 ▼ -0.20 (-14.29%)
Bilal Fibres / Mar 29 Bilal Fibres Limited(BILF)	2.15 ▼ -0.29 (-11.89%)
Unicap Modaraba / Mar 29 Unicap Modaraba(UCAPM)	1.61 ▼ -0.19 (-10.56%)
U.D.L.Modaraba / Mar 29 First UDL Modaraba(FUDLM)	4.71 ▼ -0.49 (-9.42%)
Media Times Ltd / Mar 29 Media Times Limited(MDTL)	1.82 ▼ -0.16 (-8.08%)
Ghazi Fabrics / Mar 29 Ghazi Fabrics International Limited(GFIL)	4.07 ▼ -0.34 (-7.71%)
Saritow Spinning / Mar 29 Saritow Spinning Mills Limited(SSML)	4.03 ▼ -0.33 (-7.57%)
Metro Steel / Mar 29 Metropolitan Steel Corporation Limited(MSCL)	27.39 ▼ -2.22 (-7.50%)
Nimir Ind.Chem. / Mar 29 Nimir Industrial Chemicals Limited(NICL)	57.77 ▼ -4.68 (-7.49%)

Stock	Volume
Telecard Limited / Mar 29 Telecard Limited(TELE)	23,781,500 ▼ -0.33
WorldCall Telecom / Mar 29 Worldcall Telecom Limited(WTL)	9,342,048 ▼ -0.02
Pakistan Alumin / Mar 29 Pakistan Aluminium Beverage Cans Limited(PABC)	7,635,500 ▼ -2.29
Pak Int.Bulk / Mar 29 Pakistan International Bulk Terminal(PIBTL)	5,999,500 ▼ -0.17
Nishat Mills Ltd / Mar 29 Nishat Mills Limited(NML)	4,517,772 ▼ -0.92
Shifa Int.Hosp / Mar 29 Shifa International Hospitals Limited(SHFA)	4,299,000 ▲ 8.00
Pak Elektron / Mar 29 Pak Elektron Limited(PAEL)	4,048,000 ▼ -0.07
K-Electric Ltd. / Mar 29 K-Electric Limited(KEL)	3,769,542 ▼ -0.02
Habib Bank / Mar 29 Habib Bank Limited(HBL)	3,527,993 ▼ -1.26
D.G.K.Cement / Mar 29 D.G. Khan Cement Company Limited(DGKC)	3,430,473 ▼ -0.07

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 29	284
USD PKR Interbank Buying / Mar 29	283.40
USD to Japanese Yen / Mar 29	131.67
USD to Swiss Franc / Mar 29	0.92
Pound Sterling to USD / Mar 29	1.23
Euro to USD / Mar 29	1.08
UK LIBOR % / Mar 28	4.81

Stock	Volume
S&P 500 / Mar 28	3971.27
Nasdaq / Mar 28	11716.08
Dow Jones / Mar 28	32394.25
India Sensex / Mar 29	57772.50
Tokyo Nikkei / Mar 29	27883.78
Hang Seng / Mar 29	20191.68
FTSE 100 / Mar 29	7506.30
Germany DAX 30 / Mar 29	15242.54
France CAC40 / Mar 29	7139.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 28	18935
Gold 10 Grams PKR / Mar 28	175411
Crude Oil USD/Barrel / Mar 29	73.63
Gold Spot USD/Ounce / Mar 29	1966.74
Cotton US¢/pound / Mar 29	82

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