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Microsoft

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

Technology

Microsoft to cut 650 support jobs in Xbox Games unit

Microsoft said it is cutting 650 jobs in its Xbox unit, the third such layoff this year as the company tries to rein...

Published 12 Sep, 2024 05:15pm

Business & Finance

Buffett’s Berkshire Hathaway hits $1trn market value

NEW YORK: Warren Buffett’s Berkshire Hathaway holding company briefly crossed $1 trillion in market value...

Published 29 Aug, 2024 06:53am

Markets

Nasdaq slumps as megacaps, chips fall ahead of results

NEW YORK: The Nasdaq dropped 1% on Tuesday as chip and megacap shares took a hit ahead of Big Tech earnings, while...

Published 31 Jul, 2024 06:50am

Pakistan

Major IT outage disrupts banks, air lines, digital payments

ISLAMABAD: A faulty update from cyber security provider, CrowdStrike, caused a significant global IT outage,...

Published 20 Jul, 2024 05:34am

Markets

Wall Street falters, CrowdStrike slumps on global tech outage

NEW YORK: Wall Street’s main indexes slipped on Friday, deepening a sell-off driven by tech stocks and mixed...

Published 20 Jul, 2024 05:34am

World

Global cyber outage grounds flights, disrupts businesses

A worldwide tech outage crippled industries from travel to finance on Friday before services started coming back...

Updated 19 Jul, 2024 10:24pm

Technology

Microsoft cloud outage causes airlines to ground flights

Microsoft said on Thursday it was investigating issues with its cloud services in the Central US region, which had...

Published 19 Jul, 2024 10:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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