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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

Technology

Microsoft ditches OpenAI board observer seat amid regulatory scrutiny

BRUSSELS: Microsoft has ditched its board observer seat at OpenAI that has drawn regulatory scrutiny on both sides...

Published 10 Jul, 2024 11:58am

Technology

Microsoft to invest $7.16bn in new data centres in northeastern Spain

MADRID: Microsoft plans to invest 6.69 billion euros ($7.16 billion) to develop new data centres in Spain’s...

Published 14 Jun, 2024 05:27pm

Business & Finance

Nvidia overtakes Apple as No 2 most valuable company

NEW YORK: Nvidia’s rallied to record highs on Wednesday, with the artificial intelligence chipmaker’s valuation...

Published 07 Jun, 2024 06:24am

Technology

Microsoft to invest $3.2bn in AI in Sweden

STOCKHOLM: Microsoft said Monday that it would invest 33.7 billion kronor ($3.2 billion) over two years in cloud and...

Published 03 Jun, 2024 05:29pm

Technology

Microsoft to pay off cloud industry group to end EU antitrust complaint

Microsoft is close to reaching a multimillion-euro deal with an Amazon-backed cloud lobby to get it to drop an...

Published 01 Jun, 2024 10:16am

Technology

Workshop on AI held

ISLAMABAD: A workshop on Artificial Intelligence (AI) was held at the Ministry of IT and Telecommunication on...

Published 30 May, 2024 06:19am

Technology

Microsoft to invest $2.2bn in cloud and AI services in Malaysia

KUALA LUMPUR: Microsoft will invest $2.2 billion over the next four years in Malaysia to support the country’s...

Published 02 May, 2024 10:37am

Technology

Microsoft to open first regional data centre in Thailand

BANGKOK: Microsoft will open its first regional data centre in Thailand, the tech giant said on Wednesday, as it...

Published 01 May, 2024 10:28am

Technology

Microsoft to invest $1.7bn in cloud, AI in Indonesia, CEO says

JAKARTA: Microsoft will invest $1.7 billion in Indonesia to empower the Southeast Asian country with cloud services...

Published 30 Apr, 2024 10:02am

Markets

Australian shares rise on banks, IT boost; Fed policy meet on tap

Australian shares climbed higher on Monday, lifted by banks and information technology stocks, as traders assessed...

Published 29 Apr, 2024 10:05am

Technology

Microsoft launches lightweight AI model

Microsoft on Tuesday launched a lightweight artificial intelligence model, as it looks to attract a wider client...

Published 23 Apr, 2024 09:20pm

Technology

Microsoft CEO to visit Indonesia end-April, says minister

JAKARTA: The CEO of Microsoft Satya Nadella will visit Indonesia at the end of April to discuss possible...

Published 17 Apr, 2024 11:32am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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