Trends - Technology - Business Recorder

Technology

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

Google parent Alphabet profit dives

SAN FRANCISCO: Google parent Alphabet reported a rare drop in revenue and profit on Thursday in a quarterly update...

Published 01 Aug, 2020 01:12am

Business & Finance

Amazon to invest $10 billion in space-based internet system

WASHINGTON: Amazon says it will invest $10 billion for its planned space-based internet delivery system after ...

Published 01 Aug, 2020 01:12am

Technology

Google says 20 US states, territories 'exploring' contact tracing apps

In addition, the company said public health authorities in 16 countries and regions outside the United States had launched apps using the Apple-Google tool.
The technology enables app users to track encounters with other people through Bluetooth signals.

Published 31 Jul, 2020 11:55pm

Pakistan

Engineering & Technology: SU appoints new academic heads

HYDERABAD: The administration of University of Sindh, Jamshoro has appointed new academic heads of the departments...

Published 31 Jul, 2020 02:42am

Business & Finance

Amazon posts biggest profit ever at height of pandemic

Shares of Amazon, the world's largest online retailer, rose 5% in after-hours trade.
The company also forecast net sales of $87 billion to $93 billion for the third quarter. Analysts on average were expecting revenue of $86.34 billion.

Published 31 Jul, 2020 02:40am

Technology

Alphabet sales drop for first time on Google ad cutbacks in pandemic

Shares of Alphabet fell 1.2% to $1,518.85 after it released the second-quarter results.
Google appeared to weather the slowdown better than before, as the pandemic has made the internet more attractive to advertisers than TV, radio and other avenues.

Published 31 Jul, 2020 02:32am

Markets

Fakahr Imam stressed revitalizing seed technology for sustainable agriculture, economic growth

He said the new seed technology belonged to the multi-national companies, which were not interested to introduce its seed varieties in Pakistan.

Published 30 Jul, 2020 08:55pm

Technology

Easypaisa new App features redefine the Way Customers Pay Bills

The platform has introduced new features with the addition of various billers such as government payments, educational institutes’ fee payments, and credit card payments to facilitate bill payments process.

Published 30 Jul, 2020 04:46pm

Business & Finance

Panasonic aims to boost energy density in Tesla batteries by 20pc

Panasonic introduced the "2170" lithium-ion cells, with the nickel-cobalt-aluminium (NCA) cathode chemistry, for Tesla's Model 3 in 2017.

Published 30 Jul, 2020 04:35pm

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

Pakistan

Disruption in Amazon Web Services Not due to PUBG ban: PTA

"This phenomenon was not specific to Pakistan only but users in other countries including the United States also experienced similar issues,” said PTA.

Published 29 Jul, 2020 11:02am

Business & Finance

South Korea launches safety probe into Tesla vehicles

Braking and steering systems including the Autopilot function were part of the investigation, a transport ministry official said on Wednesday.

Published 29 Jul, 2020 10:13am

Technology

NUST organises webinar on role of science & technology

ISLAMABAD: The existence of a comprehensive S&T-based apparatus is a crucial determinant of long-run growth,...

Published 29 Jul, 2020 02:48am

Markets

Efforts afoot to reduce educational gaps, promote inclusion of using technology: Shafqat

The event called on all stakeholders to concentrate on those being left behind and move towards inclusion in education, particularly after COVID-19.

Published 28 Jul, 2020 07:49pm

Pakistan

Usman Institute of Technology announces 20% concession in fees

Won't let students suffer. Will aid them during crisis, says Zaheer Ali Sayed.

Updated 28 Jul, 2020 06:21pm

Technology

Hydrogen champion Hyundai races to electric as Tesla takes off

The South Korean company plans to introduce two production lines dedicated to electrics vehicles (EVs), one next year and another in 2024, according to an internal union newsletter seen by Reuters.

Published 28 Jul, 2020 10:17am

Pakistan

Minister underlines technology-driven education

ISLAMABAD: Federal Minister for Education and Professional Training Shafqat Mahmood presided a meeting of Ed-Tech...

Published 28 Jul, 2020 02:43am

Technology

Google to extend work-from-home policy to mid-2021

SAN FRANCISCO: Google will allow most employees to work from home through to July 2021 in response to the ongoing...

Published 28 Jul, 2020 02:43am

Pakistan

Technology key to remove traditional hurdles in education: Shafqat

The minister has constituted a committee under the chair of Additional Secretary Mohiyuddin Ahmed Vani to chalk out a mechanism and terms of reference to move forward on this plan.

Published 27 Jul, 2020 06:31pm

Markets

Software maker Jamf Holding's shares soar in market debut

NEW YORK: Shares of Jamf Holding Corp jumped 77% in their US debut on Wednesday, giving the software maker a market...

Published 27 Jul, 2020 02:50am

Technology

Intel says new chip technology is six months behind

NEW YORK: Intel Corp said on Thursday its new 7-nanometer chip technology was six months behind schedule, sending ...

Published 25 Jul, 2020 02:49am

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

Tesla posts profit

NEW YORK: Tesla Inc on Wednesday posted a second-quarter profit as cost cuts and strong deliveries helped offset...

Published 24 Jul, 2020 02:59am

Markets

Moderna loses challenge to Arbutus patent on vaccine technology

An administrative court run by the US Patent and Trademark Office rejected arguments by Moderna.
The '069 patent relates to lipid nanoparticle (LNP) technology that allows the human body to make its own therapeutic proteins or vaccines.

Published 24 Jul, 2020 01:36am

World

Seven Democratic senators urge caution on Google's purchase of Fitbit

Adding Fitbit's consumer data to Google's could further diminish the ability of companies to compete with Google in ... ad technology markets.
Fitbit's fitness trackers and other devices monitor users' daily steps, calories burned and distance traveled.

Published 24 Jul, 2020 01:33am

Technology

Intel says new chip technology is six months behind, shares drop 6pc

The company expects third-quarter revenue of about $18.2 billion.
compared with analysts' average estimate of $17.9 billion, according to IBES data from Refinitiv.

Published 24 Jul, 2020 01:26am

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	156.17
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 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Technology

Most Popular