Trends - Mark Zuckerberg - Business Recorder

Mark Zuckerberg

Meta quarterly profit more than doubles

SAN FRANCISCO: Meta on Wednesday reported that its quarterly profit more than doubled from last year’s figure to...

Published 26 Oct, 2023 11:59am

Perspectives

The untimely demise of NFTs

The last decade saw virtual currencies gain popularity all across the world and become a legal tender for a few...

Published 13 Oct, 2023 08:46pm

Technology

Meta putting AI in smart glasses, assistants and more

MENLO PARK: Meta chief Mark Zuckerberg on Wednesday said the tech giant is putting artificial intelligence into...

Published 28 Sep, 2023 12:19pm

Technology

Zuckerberg and Musk throw verbal jabs over proposed cage match

WASHINGTON: Billionaires and social media business rivals Mark Zuckerberg and Elon Musk threw new online jabs at...

Published 14 Aug, 2023 11:42am

World

Musk says cage fight with Zuckerberg will be in Italy

WASHINGTON: Elon Musk said Friday that his much-hyped cage fight with Mark Zuckerberg would take place in Italy, as...

Published 11 Aug, 2023 07:57pm

Technology

Musk says fight with Zuckerberg will be live-streamed on X

Elon Musk said in a social media post that his proposed cage fight with Meta CEO Mark Zuckerberg would be...

Published 06 Aug, 2023 06:17pm

Technology

Meta plans retention ‘hooks’ for Threads as more than half of users leave app

NEW YORK: Meta Platforms executives are heavily focused on boosting retention on their new Twitter rival Threads,...

Published 28 Jul, 2023 10:57am

Technology

Meta opens AI model to commercial use, throwing nascent market into flux

NEW YORK: Meta is releasing a commercial version of its open-source artificial intelligence model Llama on Tuesday,...

Published 18 Jul, 2023 09:08pm

Technology

Unlikely savior: Musk’s antics give Zuckerberg PR makeover

WASHINGTON: After years of bad press and scandal, Mark Zuckerberg is seeing his reputation spruced up in the fickle...

Published 12 Jul, 2023 12:34pm

Perspectives

The fault in Twitter’s stars

The writing was on the wall. Not long after Elon Musk took over Twitter and began making decisions aimed at making...

Published 08 Jul, 2023 11:54pm

Life & Style

Threads rife with Twitter roasts as new app clocks 30mn users

Threads is currently the most rapidly downloaded app, even surpassing ChatGPT

Updated 07 Jul, 2023 05:36pm

Technology

Musk threatens lawsuit as Twitter rival Threads takes off

WASHINGTON: Twitter threatened to sue Meta just hours after the Instagram parent company launched Threads, an app it...

Updated 07 Jul, 2023 03:43pm

Technology

Tens of millions sign up to Twitter rival Threads

WASHINGTON: More than 30 million people have downloaded Threads, Meta’s rival to Twitter, within the first few...

Published 07 Jul, 2023 05:24am

Technology

Musk, Zuckerberg call out each other for ‘cage fight’

PARIS: Tech titans Mark Zuckerberg and Elon Musk are in a fierce business rivalry that has spilt over into a...

Published 22 Jun, 2023 05:25pm

Technology

Meta’s Zuckerberg shakes off Apple Vision Pro: report

SAN FRANCISCO: Meta chief Mark Zuckerberg on Thursday told employees that while Apple’s mixed reality gear may be...

Published 09 Jun, 2023 11:13am

Technology

Apple mixed-reality headset to take aim at the metaverse

SAN FRANCISCO: Apple on Monday is expected to show off pricy mixed-reality headgear at its annual Worldwide...

Published 05 Jun, 2023 10:58am

Technology

Meta unveils Quest 3 mixed reality headset

NEW YORK: Meta Platforms CEO Mark Zuckerberg on Thursday revealed the company’s next generation mixed reality...

Published 05 Jun, 2023 03:27am

Technology

Facebook owner Meta touts AI might as digital ads boost outlook

NEW YORK: Meta Platforms Inc CEO Mark Zuckerberg said on Wednesday that AI was helping the company boost traffic to...

Published 02 May, 2023 05:59am

Markets

Wall St rallies as Meta update offsets economy worries

NEW YORK: The tech-heavy Nasdaq led a Wall Street rally on Thursday as a strong update from Meta Platforms ...

Published 28 Apr, 2023 06:08am

Technology

Meta surges as earnings beat expectations after belt tightening

SAN FRANCISCO: Shares in Facebook parent Meta surged Wednesday after the internet titan reported it made a profit of...

Published 27 Apr, 2023 10:20am

Markets

Founder of TikTok parent company lost $17bn in 2022

BEIJING: Zhang Yiming, the founder of TikTok parent company ByteDance, saw his personal fortune fall by $17 billion...

Published 06 Apr, 2023 05:35pm

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

Tech rivals chase ChatGPT as AI race ramps up

WASHINGTON: Chasing Microsoft, global tech giants have rolled out announcements on how they will implement...

Published 02 Mar, 2023 11:34am

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

World

Amazon founder Bezos says will donate most of fortune to charity

WASHINGTON: Amazon founder Jeff Bezos has for the first time said he would give away most of his $124 billion ...

Published 15 Nov, 2022 12:35am

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

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

Technology

US tech titans buffeted by economic headwinds and TikTok

SAN FRANCISCO: US tech titans looking to the future are seeing growth take a beating in the face of foreign...

Published 28 Oct, 2022 03:38pm

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 1 Dewan Sugar Mills Limited(DWSM)	3.73 ▲ 1.00 (36.63%)
Universal Ins. / Dec 1 The Universal Insurance Company Limited(UVIC)	6.15 ▲ 1.00 (19.42%)
Abdullah Shah / Dec 1 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.13 ▲ 0.96 (15.56%)
JS Global Banking / Dec 1 JS Global Banking Sector (ETF)(JSGBETF)	13.53 ▲ 1.78 (15.15%)
Saritow Spinning / Dec 1 Saritow Spinning Mills Limited(SSML)	7.98 ▲ 1.00 (14.33%)
Ruby Textile / Dec 1 Ruby Textile Mills Limited(RUBY)	5 ▲ 0.60 (13.64%)
Waves Home Appliances / Dec 1 Waves Home Appliances Limited(WHALE)	8.12 ▲ 0.86 (11.85%)
Trust Sec.& Brok. / Dec 1 Trust Securities & Brokerage Limited(TSBL)	10.06 ▲ 1.00 (11.04%)
Pak Gulf Leasing / Dec 1 Pak-Gulf Leasing Company Limited(PGLC)	7.75 ▲ 0.73 (10.40%)
Next Capital / Dec 1 Next Capital Limited(NEXT)	6.22 ▲ 0.55 (9.70%)

Stock	Price
Aruj Industries / Dec 1 Aruj Industries Limited(ARUJ)	8.02 ▼ -1.00 (-11.09%)
Askari Life Assur. / Dec 1 Askari Life Assurance Company Limited(ALAC)	5.45 ▼ -0.50 (-8.40%)
Hallmark Co. / Dec 1 Hallmark Company Limited(HCL)	196.11 ▼ -15.90 (-7.50%)
Siemens Pak. / Dec 1 Siemens (Pakistan) Engineering(SIEM)	717.18 ▼ -58.15 (-7.50%)
Universal Network (GEM) / Dec 1 Universal Network Systems Limited (GEM)(GEMUNSL)	30.52 ▼ -2.47 (-7.49%)
Suraj Cotton / Dec 1 Suraj Cotton Mills Limited(SURC)	146 ▼ -10.75 (-6.86%)
Clover Pakistan / Dec 1 Clover Pakistan Limited(CLOV)	23.75 ▼ -1.62 (-6.39%)
Kohinoor Power / Dec 1 Kohinoor Power Company Limited(KOHP)	5.10 ▼ -0.32 (-5.90%)
Tata Textile / Dec 1 Tata Textile Mills Limited(TATM)	72.30 ▼ -3.69 (-4.86%)
Jubilee Spinning / Dec 1 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.40 ▼ -0.32 (-4.76%)

Stock	Volume
Maple Leaf Cement / Dec 1 Maple Leaf Cement Factory Limited(MLCF)	42,339,484 ▲ 2.90
Pak Elektron / Dec 1 Pak Elektron Limited(PAEL)	39,182,221 ▲ 1.15
Fauji Foods Ltd / Dec 1 Fauji Foods Limited(FFL)	34,548,158 ▼ -0.07
Fauji Fert Bin / Dec 1 Fauji Fertilizer Bin Qasim Limited(FFBL)	33,025,000 ▲ 0.50
WorldCall Telecom / Dec 1 Worldcall Telecom Limited(WTL)	28,095,487 ▲ 0.03
Fauji Cement / Dec 1 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 1.32
Hum Network / Dec 1 Hum Network Limited(HUMNL)	21,957,500 ▲ 0.41
Dewan Cement / Dec 1 Dewan Cement Limited(DCL)	17,398,000 ▼ -0.13
B.O.Punjab / Dec 1 The Bank of Punjab(BOP)	16,209,942 ▼ -0.07
D.G.K.Cement / Dec 1 D.G. Khan Cement Company Limited(DGKC)	14,240,564 ▲ 5.49

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	148.16
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.26
Euro to USD / Dec 1	1.09
UK LIBOR % / Nov 30	5.46

Stock	Volume
S&P 500 / Dec 1	4556.94
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14187.27
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7501.93
Dow Jones / Dec 1	35968.23
Germany DAX 30 / Dec 1	16335.19
France CAC40 / Dec 1	7342.95

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 30	17435
Crude Oil USD/Barrel / Dec 1	76.13
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2038.53
Cotton US¢/pound / Dec 1	79.92

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Mark Zuckerberg

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