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Microsoft

US military sticks with Microsoft for $10bn cloud contract

SAN FRANCISCO: The US Department of Defense said Friday it is sticking with its decision to award a $10 billion ...

Published 06 Sep, 2020 02:18am

US military sticks with Microsoft for $10bn cloud contract

"And then he ends up doubling down on the egregious act anyway."

Published 05 Sep, 2020 03:39am

Markets

Wednesday's early trade: Nvidia, Microsoft power S&P advance

NEW YORK: The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and...

Published 03 Sep, 2020 02:42am

Markets

Nvidia, Microsoft power gains for S&P 500

Private payrolls increase by 428,000 in August.
Nvidia climbs as analysts cheer new gaming chip.
Macy's gains on smaller quarterly loss.
Indexes up: Dow 0.80%, S&P 0.63%, Nasdaq 0.22%.

Published 02 Sep, 2020 08:21pm

Technology

Walmart joins Microsoft bid for TikTok as CEO of social media app quits

CEO Kevin Mayer, a high-profile former Disney executive, is leaving three months after joining TikTok, in the middle of negotiations to sell the Chinese-owned short-form video app’s U.S. operations to Microsoft Corp or Oracle Corp.

Published 28 Aug, 2020 11:26am

World

Microsoft says Apple's move against 'Fortnite' creator would hurt its games

NEW YORK: Microsoft Corp on Sunday said in a court filing that Apple Inc's threat to cut off the creator of...

Published 24 Aug, 2020 02:42am

Technology

TikTok's journey from global sensation to Trump target

With TikTok, owner ByteDance became the first Chinese company to achieve global success with a consumer app.
US President Donald Trump has now given ByteDance and Microsoft until Sept. 15 to reach a deal.

Published 17 Aug, 2020 10:25pm

Technology

Microsoft back in phone business with folding Android device

WASHINGTON: Microsoft is back in the smartphone business - sort of - with a new Android-powered folding device it...

Published 13 Aug, 2020 02:31am

Technology

Microsoft faces complex technical challenges in TikTok carveout

Trump has given Microsoft until Sept. 15 to put together a blueprint for an acquisition that safeguards the personal data of Americans stored on the short-video app, and he has issued an order to ban it if there is no deal by then.

Published 11 Aug, 2020 10:26am

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

Business & Finance

Microsoft eyes entire operations of TikTok in talks: report

TikTok operates in some 150 countries and has an estimated billion users.

Published 07 Aug, 2020 02:20am

Technology

Trump's bid for a piece of Microsoft-TikTok deal could spur legal action

Microsoft has said it is seeking to buy the assets of TikTok in North America, Australia and New Zealand. It has not disclosed how much it is willing to pay, though sources previously told Reuters that ByteDance executives value all of TikTok at more than $50 billion.

Published 05 Aug, 2020 10:32am

Markets

Monday's early trade: Microsoft, Apple lift Wall Street

NEW YORK: Wall Street's main indexes rose early on Monday as a rebound in multi-billion dollar deals, including...

Published 04 Aug, 2020 02:47am

Trump gives Microsoft 45 days to clinch TikTok deal

NEW YORK/WASHINGTON: President Donald Trump only agreed to allow Microsoft Corp to negotiate the acquisition of...

Updated 04 Aug, 2020 03:28am

World

White House adviser Navarro questions Microsoft's China ties amid TikTok discussions

Asked on Fox News about Microsoft's comments that it was seeking to acquire the company.

Published 03 Aug, 2020 07:01pm

Technology

Microsoft to continue talks to buy TikTok from ByteDance

The company made the statement following a conversation between is CEO Satya Nadella and U.S. President Donald Trump. It said it would ensure that all private data of TikTok’s American users is transferred to and remains in the United States.

Published 03 Aug, 2020 09:59am

Technology

Microsoft cloud flagship posts first growth under 50 percent

NEW YORK: Microsoft Corp's flagship cloud computing business Azure reported quarterly sales growth of under 50% for...

Published 24 Jul, 2020 02:59am

Business & Finance

Microsoft sees growth amid pandemic computing demands

Microsoft shares dipped some 2.5 percent in after-hours trade on the results, which were largely ahead of forecasts.

Published 23 Jul, 2020 04:44am

Technology

Slack files EU antitrust complaint against Microsoft

SAN FRANCISCO: The workplace messaging platform Slack said Wednesday it has filed an antitrust complaint with the...

Published 23 Jul, 2020 02:47am

Markets

Wednesday's early trade: S&P rises; Tesla, Microsoft shine ahead of results

NEW YORK: The S&P 500 ticked higher in a choppy session on Wednesday as a boost from Microsoft and optimism ...

Published 23 Jul, 2020 02:47am

Technology

Microsoft may face EU antitrust probe after Slack complaint on tying practice

What we asking for is Teams be separated from the Office Suite and sold separately with a fair commercial price tag, so it competes on the merits with our products.
Microsoft said it look forward to providing information to EU competition enforcers.

Published 22 Jul, 2020 11:28pm

Business & Finance

Microsoft trims jobs as it enters new fiscal year

Business Insider had earlier reported that the company cut under 1,000 jobs across its business this week.

Published 17 Jul, 2020 10:06am

Technology

LinkedIn sued over allegation it secretly reads Apple users' clipboard content

According to Apple’s website, Universal Clipboard allows users to copy text, images, photos, and videos on one Apple device and then paste the content onto another Apple device.

Published 11 Jul, 2020 10:16am

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

Microsoft to provide digital skills for Free amid corona economy

One of the keys to a genuinely inclusive recovery are programs to provide easier access to digital skills for people hardest hit by job losses.

Published 01 Jul, 2020 01:40pm

Technology

Microsoft to permanently close its retail stores

SAN FRANCISCO: Microsoft said Friday it will close its stores around the world, moving its retail operations online...

Published 27 Jun, 2020 02:55am

Business & Finance

Microsoft to permanently close its retail stores

The move means the estimated 100 Microsoft stores closed due to the coronavirus pandemic will not reopen as the tech giant enters "a new approach to retail," according to a statement.

Published 27 Jun, 2020 02:13am

Technology

Microsoft to close physical stores, take $450mn hit

The Redmond, Washington-based software giant said would continue to serve customers online, with team members working remotely from corporate facilities.
The physical stores generated negligible retail revenue for Microsoft and ultimately everything was moving more.

Published 26 Jun, 2020 08:10pm

Technology

Microsoft declines to sell facial recognition tech to police

"We do not sell our facial recognition technology to US police departments today, and until there is a strong national law grounded in human rights, we will not sell this technology to police departments,"
The death of George Floyd, a black man who d

Published 11 Jun, 2020 11:48pm

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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