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Pakistan slams Facebook for treating its users differently

MoIT in a statement urged Facebook to explain why there is a difference in its policies for Pakistani and Indian users.

Published 21 Aug, 2020 11:27am

Markets

Facebook confirms Zuckerberg interviewed in FTC investigation

“We are committed to cooperating with the U.S. Federal Trade Commission’s inquiry and answering the questions the agency may have,” the social media company said in a statement.

Published 21 Aug, 2020 10:19am

Technology

Facebook removes hundreds of QAnon groups, cites risk to public safety

The world's biggest social network also imposed some restrictions on the remaining 1,950 public and private QAnon groups it could find.
Facebook also removed 980 groups that it said encouraged rioting, a majority seen as generally right-wing militias.

Published 20 Aug, 2020 01:17am

Technology

Facebook faces heat from Indian lawmakers on content practices

Lawmakers of Modi’s Bharatiya Janata Party (BJP) have accused the social media giant of censoring nationalist voices, after the opposition Congress seized on a Wall Street Journal report to seek a parliamentary investigation of Facebook employees’ alleged ties with the ruling party.

Published 17 Aug, 2020 01:22pm

Technology

Facebook bashes Apple for refusing to waive commission fees, seizing on backlash

The move is the latest salvo in a long-running cold war between two of the world’s most powerful tech companies, which have clashed over their approaches to user privacy as both face regulatory scrutiny over alleged anticompetitive behavior.

Published 15 Aug, 2020 10:04am

World

Facebook launches US voting information center

It is the latest effort by the platform to prevent a repeat of the online disinformation that marred the 2016 US election.

Published 13 Aug, 2020 05:28pm

Technology

Pakistani researchers from LUMS among winners of Facebook misinformation project

Among the global list of winners are Agha Ali Raza and Ihsan Ayyub Qazi from Lahore University of Management Sciences (LUMS), whose proposal shone during the competitive selection process.

Updated 15 Aug, 2020 01:13pm

Technology

Facebook, Snap held talks to buy TikTok rival Dubsmash: Information

Facebook and Snap were no longer in deal talks, the report said.

Published 13 Aug, 2020 10:37am

Technology

Trump administration asks court to dismiss Big Tech's challenge to social media executive order

The lawsuit was brought in June by the Center for Democracy and Technology (CDT), a Washington-based tech group funded by Facebook Inc, Alphabet Inc’s Google and Twitter Inc. It marked the first major legal test of President Donald Trump’s directive.

Published 13 Aug, 2020 10:35am

Technology

Facebook places curbs on ads by U.S. news publishers with political ties

Under the new policy, publishers with any political connections will still be allowed to register as a news page but the company will implement some restrictions. (bit.ly/3gNPf01)

Published 12 Aug, 2020 10:15am

World

Tech titans say Trump block on worker visas harms US

Trump's proclamation suspended a group of non-immigrant visa programs, including H-1B.

Published 11 Aug, 2020 01:40am

Technology

Facebook, Microsoft gripes with Apple's App Store on EU's antitrust radar

The European Commission in June opened four probes into Apple, three of which are into its App Store and its restrictive rules.
The Commission is aware of these concerns regarding Apple's App Store rules.

Published 10 Aug, 2020 11:40pm

Technology

Facebook, Twitter pull Trump posts over coronavirus misinformation

The post contained a video clip, from an interview with Fox & Friends earlier in the day, in which Trump claimed that children are “almost immune” to COVID-19.

Published 06 Aug, 2020 10:04am

Technology

Facebook launches TikTok-like product inside Instagram

Reels' debut comes days after Microsoft said it was in talks to acquire TikTok's US operations from China's ByteDance. ByteDance has agreed to divest parts of TikTok.
Similar to TikTok, Reels users can record short mobile-friendly vertical videos, then add special effects and soundtracks pulled from a music library.

Published 06 Aug, 2020 01:18am

Markets

Facebook quarterly profit rockets despite ad boycott

Shares in the Silicon Valley-based technology giant were up five percent in after-market.

Published 31 Jul, 2020 02:35am

Markets

Facebook's Zuckerberg skewered with internal emails during antitrust hearing

Using the exchanges, lawmakers got Zuckerberg to acknowledge that he saw photo-sharing app Instagram and messaging app WhatsApp as competitors when Facebook acquired them.

Published 30 Jul, 2020 10:24am

Markets

Facebook, Google absorb US lawmakers' jabs in rare Big Tech hearing

US Representative David Cicilline, a Democrat and chair of the antitrust subcommittee, began by accusing Google of theft.
Facebook's Zuckerberg took a series of questions about the company's purchase of Instagram in 2012, and whether it was acquired because it was a threat.

Published 30 Jul, 2020 12:49am

Markets

Big Tech CEOs to defend their companies before U.S. Congress by listing competitors

The testimony from Amazon’s Jeff Bezos, Facebook’s Mark Zuckerberg, Google’s Sundar Pichai and Apple’s Tim Cook, which was released Tuesday, portrays four chief executives who are looking over their shoulders at competitors who could render them obsolete.

Published 29 Jul, 2020 10:10am

Markets

Facebook CEO to defend company before Congress at Big Tech hearing

the American way: we started with nothing and provided better products that people find valuable.
He added that the company competes as "vigorously as we can within the rules." Also testifying are the CEOs of Amazon.com Inc, Alphabet Inc's Google and Apple Inc.

Published 29 Jul, 2020 02:23am

World

Facebook sues EU antitrust regulator for excessive data requests

Facebook has been under EU competition enforcers' scrutiny since last year, with one investigation focused on its trove of data.
The company has since then provided 315,000 documents equivalent to 1.7 million pages to the Commission.

Published 28 Jul, 2020 01:09am

Markets

Big Tech CEOs ready defenses for US Congress hearing into their growing power

The CEOs of Facebook, Amazon.com Inc, Alphabet's Google and Apple, are set to speak before the House Judiciary Committee's antitrust panel on July 27.
The panel is questioning the companies as part of its probe into whether they actively work to harm and eliminate smaller rivals.

Published 24 Jul, 2020 12:54am

Markets

Facebook places label on Trump's post about mail-in voting

"Mail-In Voting, unless changed by the courts, will lead to the most CORRUPT ELECTION in our Nation's History! #RIGGEDELECTION," Trump wrote.
The Facebook label, which does not dispute Trump's claim, redirects users to details from a US government website on how to vote in the 2020 elections.

Published 21 Jul, 2020 11:20pm

Business & Finance

Google backs Reliance's Jio Platforms with $4.5bn India investment

Reliance, India's most highly-valued company run by billionaire Mukesh Ambani, has now sold nearly 33% of Jio Platforms which houses music, movie apps.
As we end our current cycle of capital raising, we are delighted to welcome another strategic partner into Jio.

Published 15 Jul, 2020 06:03pm

Technology

TikTok quits Hong Kong as US giants suspend processing data requests

Major US internet companies including Facebook, Microsoft, Google, Twitter and Zoom have all announced they have suspended the processing of requests for user data.
The US companies' social media platforms are generally banned in China, where access is blocked by Beijing's "great firewall".

Published 07 Jul, 2020 05:42pm

Technology

Canada's biggest banks join boycott of Facebook platforms

More than 400 brands have pulled advertising on Facebook in response to the "Stop Hate for Profit" campaign.
BMO said it is continuing its "ongoing dialogue with Facebook on changes they can make to their platforms to reduce the spread of hate speech."

Published 03 Jul, 2020 09:22pm

World

US House panel hears from Facebook, Google, Twitter on election security

Leaders from Facebook Inc and Twitter Inc told the House of Representatives Intelligence Committee that they had not seen evidence of coordinated foreign interference in conversations.
"If every single American household is full of toxic, explosive ga

Published 18 Jun, 2020 10:41pm

Pakistan

Pakistan Scholar among winners of Facebook’s Ethics in AI Research awards

Among the winners from nine different countries is Junaid Qadir and Amana Raquib.

Published 18 Jun, 2020 04:41pm

World

Facebook says to block foreign state media ads for US election

The threat to democracy "is real and ongoing, but our systems are more prepared than ever."

Published 17 Jun, 2020 05:27pm

World

US House panel to hold election-security hearing with Facebook, Google, Twitter

The remote hearing will discuss the technology industry's actions since the 2016 US elections, state-sponsored disinformation efforts.
The hearing will also look at misinformation campaigns amid the novel coronavirus outbreak and recent protests over

Published 16 Jun, 2020 11:44pm

Pakistan

Govt boosts blood donations drive in Pakistan with Facebook

“The global pandemic has been a reminder that it is more important than ever to accelerate voluntary blood donations across Pakistan,” says Dr Zafar Mirza.

Published 13 Jun, 2020 07:25pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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