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Microsoft

Microsoft to invest about $300mn more in AI infrastructure in South Africa

JOHANNESBURG: Microsoft will invest an additional 5.4 billion rand ($296.81 million) in artificial intelligence (AI)...

Published 06 Mar, 2025 08:11pm

Technology

Microsoft retires Skype in favor of Teams

SAN FRANCISCO: Microsoft on Friday announced it was retiring Skype, the online voice and video call pioneer that the...

Published 28 Feb, 2025 08:47pm

Technology

Microsoft will urge Trump to overhaul curbs on AI chip exports, WSJ reports

Microsoft will call for President Donald Trump’s team to ease the limits on chips that can be used in data centers...

Published 27 Feb, 2025 04:39pm

Technology

Meta in talks for $200 billion AI data center project, The Information reports

Meta Platforms is in discussions to construct a new data center campus for its artificial intelligence projects,...

Published 26 Feb, 2025 12:45pm

World

Google loses second India policy head in as many years

NEW DELHI: Google’s head of public policy in India, Sreenivasa Reddy, has quit, a company spokesperson told Reuters...

Published 13 Feb, 2025 06:04pm

Technology

Microsoft to launch ‘responsible AI’ foundation in Abu Dhabi

PARIS: American tech giant Microsoft said Sunday that it would open a foundation to promote “responsible” artificial...

Published 09 Feb, 2025 04:56pm

Technology

Amazon shares drop as cloud growth, sales forecast lag

Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer’s cloud computing unit...

Published 07 Feb, 2025 11:22am

Technology

SoftBank in talks to lead OpenAI funding round at $300 billion valuation, sources say

SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI...

Published 31 Jan, 2025 11:08am

Technology

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world

Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology...

Published 30 Jan, 2025 08:17am

Technology

Microsoft shares slide as cloud forecast, AI spending disappoint

Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5%...

Published 30 Jan, 2025 08:11am

Markets

Tech selloff deepens as DeepSeek upsets global AI race

LONDON/SINGAPORE: Global technology shares sank on Tuesday, as a market rout sparked by the emergence of a low-cost...

Updated 28 Jan, 2025 09:30pm

Technology

Microsoft’s LinkedIn sued for disclosing customer information to train AI models

Microsoft’s LinkedIn has been sued by Premium customers who said the business-focused social media platform...

Published 23 Jan, 2025 08:23am

Technology

Google to invest fresh $1bn in OpenAI rival Anthropic, FT reports

Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported...

Published 22 Jan, 2025 12:42pm

Technology

Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a...

Published 22 Jan, 2025 08:00am

Business & Finance

Hyundai, Stellantis, Delta each donating $1 million to Trump inaugural fund

WASHINGTON: Hyundai Motor’s U.S. unit, Chrysler-parent Stellantis and Delta Air Lines, on Monday each announced they...

Published 14 Jan, 2025 08:29am

Technology

Nvidia criticizes reported Biden plan for AI chip export curbs

Nvidia on Thursday criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip...

Published 10 Jan, 2025 11:18am

Life & Style

TVs get smarter as makers cater to AI lifestyles

LAS VEGAS: Dazzling televisions that routinely star at the Consumer Electronics Show opening here Tuesday are...

Published 08 Jan, 2025 03:19pm

Technology

Microsoft announces $3bn AI investment in India

MUMBAI: Microsoft CEO Satya Nadella on Tuesday said the company plans to invest $3 billion in India on artificial...

Updated 07 Jan, 2025 10:35pm

World

Meta elects UFC CEO Dana White, two others to board

Meta Platforms, said on Monday it had elected three new directors to its board, including Dana White, CEO of...

Published 07 Jan, 2025 08:43am

Technology

Google puts AI agents at the center of Gemini update

SAN FRANCISCO: Alphabet’s Google on Wednesday released the second generation of its artificial intelligence model...

Published 11 Dec, 2024 08:49pm

Technology

Microsoft faces UK lawsuit over cloud computing licences

LONDON: Microsoft faces legal action in Britain over a claim that thousands of businesses using cloud computing...

Published 03 Dec, 2024 05:26pm

Opinion

Protecting the ‘brand’

Brand valuations are upward bound through the stratosphere in the realm of dollar 150 billion, 200 billion, 350...

Published 28 Nov, 2024 06:27am

Technology

OpenAI launches free AI training course for teachers

OpenAI and non-profit partner Common Sense Media have launched a free training course for teachers aimed at...

Published 20 Nov, 2024 03:22pm

Markets

Wall St slides as Meta, Microsoft warnings trigger fears over AI trade

NEW YORK: Wall Street tumbled on Thursday, after warnings from Microsoft and Meta Platforms about escalating AI ...

Published 01 Nov, 2024 08:33am

Technology

Meta, Microsoft lift AI spending, worrying Wall Street ahead of Amazon results

Big tech including Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast...

Published 31 Oct, 2024 11:08am

Technology

Meta builds AI search engine to cut Google, Bing reliance, the Information reports

Meta Platforms is working on an artificial intelligence-based search engine as it looks to reduce dependence on...

Published 28 Oct, 2024 09:01pm

Technology

Microsoft to let clients build AI agents for routine tasks from November

Microsoft will allow its customers to build autonomous artificial intelligence agents from next month, in its latest...

Published 21 Oct, 2024 07:21pm

World

OpenAI’s technology chief Mira Murati, two other research executives to leave

Three top technical leaders at Microsoft-backed OpenAI quit on Wednesday, the latest in a string of executive...

Published 26 Sep, 2024 11:45am

World

UAE leader seeks to deepen ‘strategic’ ties in US visit during Mideast crisis

DUBAI: UAE President Sheikh Mohamed bin Zayed Al Nahyan is due Monday in Washington for a first official visit at a...

Published 22 Sep, 2024 12:13pm

Perspectives

Lessons for Pakistan: Hezbollah pager attacks raise fresh concerns on cyber-physical warfare

In a highly sophisticated cyber-attack that has sent shockwaves across the globe, thousands of Hezbollah members’...

Published 18 Sep, 2024 06:41pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 15	280.63
USD PKR Interbank Buying / Apr 15	280.43
USD to Japanese Yen / Apr 15	143.15
USD to Swiss Franc / Apr 15	0.81
Pound Sterling to USD / Apr 15	1.32
Euro to USD / Apr 15	1.14
UK LIBOR % / Apr 14	4.96

Stock	Volume
S&P 500 / Apr 14	5,405.97
Nasdaq / Apr 14	16,831.48
Dow Jones / Apr 14	40,524.79
India Sensex / Apr 15	76,780.06
Tokyo Nikkei / Apr 15	34,267.54
Hang Seng / Apr 15	21,470.46
FTSE 100 / Apr 15	8,209.09
Germany DAX 30 / Apr 15	21,175.70
France CAC40 / Apr 15	7,263.20

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 14	16,785
Gold 10 Grams PKR / Apr 14	290,466
Petrol/Litre / Apr 15	254.63
Crude Oil USD/Barrel / Apr 15	61.77
Gold Spot USD/Ounce / Apr 15	3,224.76
Diesel/Litre / Apr 15	258.64
Cotton US¢/pound / Apr 15	65.75

Gainers
Losers
Leaders

Stock	Price
Gulshan Sp. / Apr 15 Gulshan Spinning Mills Limited(GSPM)	3.51 ▲ 0.34 (10.73%)
Tariq Corp.Pref. / Apr 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.29 ▲ 0.79 (10.53%)
First Capital Equities / Apr 15 First Capital Equities Limited(FCEL)	4.97 ▲ 0.47 (10.44%)
Sanghar Sugar / Apr 15 Sanghar Sugar Mills Limited(SANSM)	55.51 ▲ 5.05 (10.01%)
Tariq Corporation / Apr 15 Tariq Corporation Limited(TCORP)	16.16 ▲ 1.47 (10.01%)
First Elite Cap.Mod / Apr 15 First Elite Capital Modaraba(FECM)	17.70 ▲ 1.61 (10.01%)
PIA Holding Co.B / Apr 15 PIA Holding Company Limited B(PIAHCLB)	1,608.64 ▲ 146.24 (10%)
S.S.Oil / Apr 15 S.S.Oil Mills Limited(SSOM)	202.14 ▲ 18.38 (10%)
Nimir Resins / Apr 15 Nimir Resins Limited(NRSL)	35.08 ▲ 3.19 (10%)
Chakwal Spinning / Apr 15 Chakwal Spinning Mills Limited(CWSM)	47.87 ▲ 4.35 (10%)

Stock	Price
Zahid Jee Textile / Apr 15 Zahidjee Textile Mills Limited(ZAHID)	25.36 ▼ -2.57 (-9.2%)
Pak Gen.Ins. / Apr 15 The Pakistan General Insurance Co. Ltd.(PKGI)	8.30 ▼ -0.79 (-8.69%)
Ruby Textile / Apr 15 Ruby Textile Mills Limited(RUBY)	7.10 ▼ -0.67 (-8.62%)
First Tri-Star Mod. / Apr 15 First Tri-Star Modaraba(FTSM)	12.03 ▼ -1.04 (-7.96%)
B.R.R. Guardian / Apr 15 B.R.R. Guardian Limited(BRRG)	21 ▼ -1.47 (-6.54%)
Stylers International / Apr 15 Stylers International Limited(STYLERS)	39.30 ▼ -2.7 (-6.43%)
D.M. Textile / Apr 15 D.M. Textile Mills Limited(DMTX)	49.70 ▼ -3.34 (-6.3%)
Supernet Tech. / Apr 15 Supernet Technologies Limited(STL)	751 ▼ -49.74 (-6.21%)
Parmount Sp. / Apr 15 Paramount Spinning Mills Limited(PASM)	3.84 ▼ -0.24 (-5.88%)
Blessed Tex. / Apr 15 Blessed Textiles Limited(BTL)	267.02 ▼ -15.81 (-5.59%)

Stock	Volume
Cnergyico PK / Apr 15 Cnergyico PK Limited(CNERGY)	55,091,076 ▼ -0.04
Pak Int.Bulk / Apr 15 Pakistan International Bulk Terminal(PIBTL)	45,232,730 ▼ -0.21
Sui South Gas / Apr 15 Sui Southern Gas Company Limited(SSGC)	31,842,819 ▼ -0.16
B.O.Punjab / Apr 15 The Bank of Punjab(BOP)	27,341,890 ▲ 0.16
Pak Elektron / Apr 15 Pak Elektron Limited(PAEL)	17,487,097 ▼ -0.04
Dewan Cement / Apr 15 Dewan Cement Limited(DCL)	17,155,709 ▲ 0.48
K-Electric Ltd. / Apr 15 K-Electric Limited(KEL)	13,886,346 ▲ 0.05
WorldCall Telecom / Apr 15 Worldcall Telecom Limited(WTL)	13,751,334 ▲ 0.02
Pak Stock Exchange / Apr 15 Pakistan Stock Exchange Limited(PSX)	13,502,803 ▼ -0.68
Hub Power Co. / Apr 15 The Hub Power Company Limited(HUBC)	11,216,011 ▲ 0.59

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