Trends - Tech giants - Business Recorder

Tech giants

Hong Kong shares rise as tech giants Alibaba, Tencent bounced back

HONG KONG: Hong Kong shares edged up on Thursday as tech giants Alibaba and Tencent bounced back after continuous...

Published 26 Nov, 2021 05:15am

Markets

Tech mega-caps knock 1pc off Nasdaq; banks lift Dow

NEW YORK: The Nasdaq index slipped more than 1% on Monday as investors swapped technology heavyweights for stocks...

Published 28 Sep, 2021 05:12am

Business & Finance

Tax or no tax, UAE aims to remain magnet for investors

DUBAI: Tax advantages paired with a life of luxury have long drawn foreigners and multinationals to the UAE, which ...

Published 21 Jun, 2021 03:43am

World

Pakistan-origin Lina Khan becomes chair of US Federal Trade Commission

Confirmation hailed by US Senator Elizabeth Warren
Khan, a Big Tech critic, previously worked at the FTC as a legal adviser

Published 16 Jun, 2021 01:35pm

Technology

HP commits to reducing its emissions by half this decade

HP has pledged to reduce its greenhouse gas emissions by half during this decade.
The company hopes to reach net zero emissions by 2040 and push its suppliers towards more environment-friendly practices as well.

Updated 20 Apr, 2021 08:29pm

Business & Finance

Reliance Jio splashes out $8bn in Indian airwaves auction

Jio picked up a total of 488.35 megahertz (Mhz) in frequency bands of 800 Mhz, 1800 Mhz and 2300 Mhz, India's telecoms secretary Anshu Prakash told reporters.
The top three Indian wireless carriers - Jio, Bharti Airtel and Vodafone Idea - together bought airwaves worth 778.15 billion rupees ($10.60 billion) at the close of the two-day auction, Prakash said.

Published 02 Mar, 2021 09:10pm

World

Facebook cuts deal with Australia, will restore news pages in the coming days

Treasurer Josh Frydenberg and Facebook said a compromise had been reached on key aspects of the law, which was fiercely opposed by the tech companies
A global outrage sparked last week after the social media platform blacked out news for its Australian users and inadvertently blocking a series of non-news Facebook pages

Published 23 Feb, 2021 11:02am

Technology

IBM to become more environment friendly by 2030

IBM sets new climate goals to get rid of carbon emissions from its operations by 2030.

Published 17 Feb, 2021 02:12pm

World

Tech giants ‘close’ to deals with Australian media

SYDNEY: Google and Facebook are “very close” to deals with major Australian media to pay for news, a top...

Updated 16 Feb, 2021 09:39am

Business & Finance

Sony forecasts record profit

TOKYO: Sony said Wednesday it expects a record net profit this financial year as fresh virus lockdowns continue to...

Published 08 Feb, 2021 03:46am

Technology

Google adds heart & respiratory rate monitors to Pixel Phones

Pixel phones will now be able to read your heart and respiratory rates with their cameras.

Published 05 Feb, 2021 03:35pm

Technology

Samsung Galaxy Z Flip 5G becomes the lowest priced foldable phone

Samsung slashes the price for its Galaxy Z Flip 5G by $250.

Published 02 Feb, 2021 09:13am

Technology

Google to pay $2.5m to disadvantaged females and Asian applicants

The US Department of Labor find that hiring and pay variations at Google deprived female and Asian applicants for Google engineering positions.

Published 02 Feb, 2021 08:29am

Technology

Facebook Investigated in UK for its $400m purchase of Giphy

Facebook Inc. is being investigated in the UK for its $400 million purchase of Giphy Inc by the Competition and Markets Authority (CMA) in the UK

Published 30 Jan, 2021 03:49pm

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

Technology

India's TCS becomes Most Valued IT Company in the World

India's Tata Consultancy Services (TCS) overtakes Accenture to become the most valued IT services company in the world today.
TCS's market capitalization rose to US$ 169.9 billion ahead of its rival Accenture.

Published 25 Jan, 2021 07:51pm

Technology

Netflix upgrade to improve the sound experience on Andriods

New Netflix Android upgrade reduces buffering time and improves audio quality.

Published 25 Jan, 2021 07:26pm

Technology

Microsoft reverses its controversial Xbox Live price hike

Microsoft has announced that it will be reversing the controversial increase in the price for Xbox Live.

Published 23 Jan, 2021 05:41pm

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

Technology

Twitter buys Social Podcasting App Breaker

Twitter announced that it has acquired Breaker, a social broadcasting app, to build Twitter Spaces.

Published 05 Jan, 2021 02:07pm

Technology

Slack Struggles with the First Worldwide Outage of 2021

Slack declares a worldwide downtime as the new year witnesses its first major outage

Updated 05 Jan, 2021 02:07pm

Technology

Adobe Flash Player Officially been Laid to Rest in 2021

Adobe has officially bid farewell to its Flash Player, announcing that it would not be receiving any more security updates in 2021.

Updated 01 Jan, 2021 03:40pm

Technology

Sony PS5 Sales break records in 2020, setting higher targets for the New Year

Sony managed to sell 3.4 million PS5 units in just 4 weeks of launch and plans on selling up to 18 million units in 2021.

Updated 01 Jan, 2021 03:52pm

Technology

Microsoft, Google, Cisco, Dell join legal battle against hacking company NSO

That in turn "means dramatically more opportunities for those tools to fall into the wrong hands and be used nefariously," the brief argues.

Published 22 Dec, 2020 10:53am

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Dec 6 The Pakistan General Insurance Co. Ltd.(PKGI)	3.72 ▲ 0.63 (20.39%)
PICIC Ins.Ltd. / Dec 6 PICIC Insurance Limited(PIL)	1.14 ▲ 0.11 (10.68%)
Next Capital / Dec 6 Next Capital Limited(NEXT)	10.19 ▲ 0.98 (10.64%)
Pervez Ahmed Co / Dec 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.13 ▲ 0.10 (9.71%)
Nazir Cotton Mills / Dec 6 Nazir Cotton Mills Limited(NCML)	5.18 ▲ 0.38 (7.92%)
Kohinoor Energy / Dec 6 Kohinoor Energy Limited(KOHE)	38.50 ▲ 2.09 (5.74%)
Nishat Power / Dec 6 Nishat Power Limited(NPL)	17.50 ▲ 0.43 (2.52%)
Pakgen Power / Dec 6 Pakgen Power Limited(PKGP)	25.00 ▲ 0.49 (2.00%)
Pace (Pak) Ltd. / Dec 6 Pace (Pakistan) Limited(PACE)	4.09 ▲ 0.05 (1.24%)
Nimir Resins / Dec 6 Nimir Resins Limited(NRSL)	18.17 ▲ 0.14 (0.78%)

Stock	Price
Nestle PakistanXD / Dec 6 Nestle Pakistan Limited(NESTLE)	4948.75 ▲ -401.25 (-7.50%)
John&Philips / Dec 6 Johnson & Phillips (Pakistan) Limited(JOPP)	44.00 ▲ -3.50 (-7.37%)
National Refinery / Dec 6 National Refinery Limited(NRL)	234.20 ▲ -13.76 (-5.55%)
Pakistan Alumin / Dec 6 Pakistan Aluminium Beverage Cans Limited(PABC)	31.50 ▲ -1.13 (-3.46%)
Pak Reinsurance / Dec 6 Pakistan Reinsurance Company Limited(PAKRI)	21.50 ▲ -0.72 (-3.24%)
Nishat Mills Ltd / Dec 6 Nishat Mills Limited(NML)	80.00 ▲ -1.88 (-2.30%)
Kot Addu Power / Dec 6 Kot Addu Power Company Limited(KAPCO)	30.70 ▲ -0.72 (-2.29%)
Jah.Sidd. Co. / Dec 6 Jahangir Siddiqui & Co. Ltd.(JSCL)	14.55 ▲ -0.27 (-1.82%)
Netsol Tech. / Dec 6 NetSol Technologies Limited(NETSOL)	89.00 ▲ -1.37 (-1.52%)
Pak Int.Bulk / Dec 6 Pakistan International Bulk Terminal(PIBTL)	7.27 ▲ -0.11 (-1.49%)

Stock	Volume
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	5,340,985 ▼ 0.00
Telecard Limited / Dec 6 Telecard Limited(TELE)	2,758,000 ▼ 0.00
WorldCall Telecom / Dec 6 Worldcall Telecom Limited(WTL)	2,401,500 ▼ 0.00
TRG Pak Ltd / Dec 6 TRG Pakistan Limited(TRG)	2,285,871 ▼ 0.00
Unity Foods Ltd / Dec 6 Unity Foods Limited(UNITY)	2,096,790 ▼ 0.00
TPL Properties / Dec 6 TPL Properties Limited(TPLP)	1,324,000 ▼ 0.00
Byco Petroleum / Dec 6 Byco Petroleum Pakistan Limited(BYCO)	1,122,500 ▼ 0.00
G3 Tech. / Dec 6 G3 Technologies Limited(GTECH)	1,085,000 ▼ 0.00
Fauji Foods Ltd / Dec 6 Fauji Foods Limited(FFL)	1,046,500 ▼ 0.00
Ghani Glo Hol / Dec 6 Ghani Global Holdings Limited(GGL)	964,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 3	176.88
USD PKR Interbank Buying / Dec 3	176.77
USD to Japanese Yen / Dec 3	112.76
USD to Swiss Franc / Dec 3	0.92
Pound Sterling to USD / Dec 3	1.32
Euro to USD / Dec 3	1.13
UK LIBOR % / Dec 3	0.08

Stock	Volume
S&P 500 / Dec 3	4502.41
India Sensex / Dec 3	57696.46
Tokyo Nikkei / Dec 3	28029.57
Nasdaq / Dec 3	15007.96
Hang Seng / Dec 3	23766.69
FTSE 100 / Dec 3	7122.32
Dow Jones / Dec 3	34471.42
Germany DAX 30 / Dec 3	15169.98
France CAC40 / Dec 3	6765.52

Item	Value
Crude Oil / Dec 3	65.72
Karachi Cotton Assoc. / Dec 3	17380.00
Gold 10 Grams / Dec 3	100500.00
Gold Spot / Dec 3	1784.26
Cotton / Dec 3	104.20

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