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ByteDance

Australia launches ‘landmark’ bill to ban social media for children under 16

SYDNEY: Australia’s centre-left government on Thursday introduced a bill in parliament that aims to ban social media...

Published 21 Nov, 2024 11:09am

Technology

TikTok parent ByteDance’s valuation hits $300 billion, sources say

TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors...

Published 17 Nov, 2024 10:59am

World

What Trump’s 2024 election win means for Asian companies

Donald Trump has been elected US president, capping a remarkable comeback four years after he was voted out of the...

Published 07 Nov, 2024 11:45am

Technology

Founder of TikTok owner ByteDance jumps to top of China’s rich list

SHANGHAI: ByteDance founder Zhang Yiming is China’s richest person, with personal wealth of $49.3 billion, an annual...

Published 29 Oct, 2024 11:30am

Technology

ByteDance’s TikTok cuts hundreds of jobs in shift towards AI content moderation

KUALA LUMPUR: Social media platform TikTok is laying off hundreds of employees from its global workforce, including...

Published 11 Oct, 2024 10:15am

Technology

ByteDance plans new AI model trained with Huawei chips, sources say

TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compatriot Huawei...

Published 30 Sep, 2024 11:28am

Technology

ByteDance eyes $9.5bn in record Asia dollar corporate loan, Bloomberg News reports

TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated...

Published 02 Sep, 2024 03:00pm

World

Nepal lifts TikTok ban after app addresses cyber crime concerns

KATHMANDU: Nepal lifted a ban on Chinese-owned TikTok on Thursday, more than nine months after outlawing the popular...

Published 23 Aug, 2024 11:38am

Technology

China’s ByteDance working with Broadcom to develop advanced AI chip, sources say

BEIJING: China’s ByteDance is working with US chip designer Broadcom on developing an advanced AI processor, two...

Published 24 Jun, 2024 10:28am

World

TikTok, ByteDance sue to block US law seeking sale or ban of app

WASHINGTON: TikTok and its Chinese parent company ByteDance said on Tuesday they filed suit in US federal court...

Published 08 May, 2024 06:43am

Technology

TikTok creators fear economic blow of US ban

SAN FRANCISCO: Ayman Chaudhary turned her love for reading into a living on TikTok, posting video snippets about...

Published 28 Apr, 2024 11:34am

Technology

ByteDance says ‘no plans’ to sell TikTok after US ban law

BEIJING: Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a...

Published 26 Apr, 2024 11:11am

World

Bill to ban TikTok in US clears Congress

WASHINGTON: The US Senate on Tuesday approved legislation requiring the wildly popular social media app TikTok to be...

Published 24 Apr, 2024 10:47am

Technology

China’s Tencent takes over two ByteDance video game teams

HONG KONG: China’s Tencent has taken over two ByteDance video games units after ByteDance retreated from the gaming...

Published 14 Mar, 2024 01:45pm

World

US House passes bill to force ByteDance to divest TikTok or face ban

WASHINGTON: The U.S. House of Representatives overwhelmingly passed a bill on Wednesday that would give TikTok’s...

Updated 13 Mar, 2024 07:57pm

World

EU faces uphill battle to rein in big tech

BRUSSELS: The EU’s landmark curbs on how tech titans do business online kick in from Thursday, but just how far...

Published 07 Mar, 2024 11:01am

World

US lawmakers push for ByteDance to divest TikTok or face ban

WASHINGTON: A bipartisan group of US lawmakers introduced legislation on Tuesday to give China’s ByteDance about six...

Published 06 Mar, 2024 11:06am

Technology

TikTok owner ByteDance in talks with Tencent, others to sell gaming assets

HONG KONG: TikTok owner ByteDance said on Tuesday it is in talks with multiple prospective buyers of its gaming...

Published 09 Jan, 2024 10:50am

Technology

Tencent turns to ByteDance in gaming showdown with NetEase

HONG KONG: Tencent Holdings is relying on one-time bitter rival ByteDance to promote its most important video game...

Published 18 Dec, 2023 11:22am

World

Nepali TikTok influencers reel after sudden ban

KATHMANDU: Nepali influencer Anjana Aryal went from homemaker to entrepreneur by sharing recipes on TikTok, but her...

Published 13 Dec, 2023 12:39pm

Technology

ByteDance offers investors share buyback, valued at $268bn

HONG KONG: TikTok owner ByteDance is offering to buy back around $5 billion worth of shares from investors at a...

Published 06 Dec, 2023 02:35pm

Technology

TikTok obtaining Indonesia e-commerce permit

JAKARTA: Short video app TikTok is in the process of obtaining an e-commerce permit from Indonesia’s government,...

Published 29 Nov, 2023 10:42am

Business & Finance

TikTok owner ByteDance cuts hundreds of jobs in gaming division

BEIJING: Chinese tech giant and TikTok owner ByteDance is slashing hundreds of jobs in its gaming unit, a source...

Published 27 Nov, 2023 10:51pm

Technology

ByteDance says to restructure Nuverse in retreat from gaming business

HONG KONG: TikTok maker ByteDance plans to wind down its Nuverse gaming brand and retreat from mainstream video...

Published 27 Nov, 2023 10:42am

Technology

TikTok owner ByteDance offers to buy back shares from staff at $160 apiece

SHANGHAI/HONG KONG: China’s ByteDance, the parent of short video app TikTok, is offering to buy back shares from its...

Published 08 Nov, 2023 03:31pm

World

Canada bans WeChat and Kaspersky on government phones

OTTAWA: Canada on Monday banned popular Chinese messaging app WeChat and Russian platform Kaspersky from government...

Published 31 Oct, 2023 01:46pm

Technology

TikTok to take proactive steps to address issues in Malaysia

KUALA LUMPUR: Short video app TikTok is committed to taking proactive measures to address issues raised by Malaysia,...

Published 13 Oct, 2023 10:27am

Technology

TikTok launches online shopping in the US

TikTok has officially rolled out its e-commerce business in the United States after months of testing, according to...

Published 12 Sep, 2023 05:57pm

Business & Finance

New Alibaba Group CEO lays out strategic priorities for staff

SHANGHAI: New Alibaba Group CEO Eddie Wu has told staff the tech giant’s two main strategic focuses going forward...

Published 12 Sep, 2023 09:56am

World

EU hits tech titans with tougher market restraints

BRUSSELS: The European Union on Wednesday unveiled the list of digital giants — including Apple, Facebook owner...

Published 07 Sep, 2023 06:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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