Trends - Silicon Valley - Business Recorder

Silicon Valley

SME financing: ‘he’s just not that into you!’

Consider the following: an entry-level tech worker in Silicon Valley can get a higher spending limit on credit cards...

Published 25 Nov, 2024 09:02am

Business & Finance

Asia Rising: Dubai’s transformation to becoming tech hub draws parallel with Silicon Valley and Bengalaru

DUBAI: Drawing parallels with India’s Bengaluru and Silicon Valley in the US, speakers highlighted Dubai’s rapid...

Published 22 Oct, 2024 06:33am

Technology

Meta putting AI in smart glasses, assistants and more

MENLO PARK: Meta chief Mark Zuckerberg on Wednesday said the tech giant is putting artificial intelligence into...

Published 28 Sep, 2023 12:19pm

Technology

Slack CEO is ready to ride AI wave

SAN FRANCISCO: Artificial Intelligence is transforming Slack, the widely used workplace messaging platform, its CEO...

Published 17 Sep, 2023 12:25pm

Technology

Zuckerberg and Musk throw verbal jabs over proposed cage match

WASHINGTON: Billionaires and social media business rivals Mark Zuckerberg and Elon Musk threw new online jabs at...

Published 14 Aug, 2023 11:42am

Technology

White House calls in tech firms to talk AI risks

WASHINGTON: The White House plans to meet with top executives from Google, Microsoft, OpenAI and Anthropic on...

Published 03 May, 2023 12:25pm

Life & Style

Komal Rizvi ties the knot with Silicon Valley entrepreneur

Pakistani actor and singer Komal Rizvi got married in San Francisco, to S. Ali Uppal, the ceo and co-founder of a...

Published 21 Apr, 2023 07:54pm

Business & Finance

SVB collapse 'textbook case of mismanagement': top Fed official

WASHINGTON: The collapse of Silicon Valley Bank (SVB) was a "textbook case of mismanagement" which requires tougher...

Published 27 Mar, 2023 11:10pm

Technology

How AI could upend the world even more than electricity or the internet

SAN FRANCISCO: The rise of artificial general intelligence – now seen as inevitable in Silicon Valley – will bring...

Published 19 Mar, 2023 11:23am

Opinion

AI supercharges battle of web search titans

A new generation of AI chatbots has unleashed a titanic battle between Microsoft and Google for the eyeballs of...

Published 08 Feb, 2023 07:33am

Opinion

OpenAI, creator of ChatGPT, casts spell on Microsoft

The hottest startup in Silicon Valley right now is OpenAI, the Microsoft-backed developer of ChatGPT, a much-hyped...

Published 15 Jan, 2023 04:01am

Technology

Timeline: tumult at Twitter since Musk takeover

PARIS: Since buying Twitter last month, Elon Musk has made radical, chaotic changes at the social media company,...

Published 21 Nov, 2022 07:53am

World

Elizabeth Holmes sentenced to 11 years in prison for Theranos fraud

SAN JOSÉ: Fallen US biotech star Elizabeth Holmes was sentenced Friday to just over 11 years in prison for...

Published 21 Nov, 2022 07:41am

Business & Finance

US consulate, local partners observe Global Entrepreneurship Week

KARACHI: The US Consulate Karachi in collaboration with local partners celebrated Global Entrepreneur-ship Week...

Published 21 Nov, 2022 05:59am

Business & Finance

Envoy in US exhorts Pakistani-Americans to invest in Pakistan

WASHINGTON: “Pakistani American Tech entrepreneurs can act as a catalyst to accelerate growth and investment in...

Published 14 Nov, 2022 05:55am

World

Meta planning massive layoffs: report

SAN FRANCISCO: Facebook-parent Meta will become the latest tech firm to scale back its workforce, with plans to...

Published 07 Nov, 2022 12:11pm

Technology

Layoffs hit Silicon Valley as Amazon freezes hiring

SAN FRANCISCO: Payments firm Stripe and rideshare company Lyft, two darlings of Silicon Valley, announced major...

Published 07 Nov, 2022 06:29am

World

Traffic, water shortages, now floods: the slow death of India's tech hub?

BENGALURU: Harish Pullanoor spent his weekends in the late 1980s tramping around the marshes and ponds of Yemalur, ...

Updated 15 Sep, 2022 02:58pm

Business & Finance

China’s jobless youth left in the lurch

BEIJING: China’s slowing economy has left millions of young people fiercely competing for an ever-slimming raft of...

Published 29 Aug, 2022 05:44am

Technology

Apple’s self-driving car effort stuck in low gear: report

SAN FRANCISCO: Apple’s quest to produce a viable self-driving car remains stalled despite years of work, with its...

Published 18 Jul, 2022 06:22am

Technology

Google's new California offices bank on in-person work

MOUNTAIN VIEW, United States: Roofs coated with canopy-like solar panels and indoor spaces awash in sunlight: Google...

Published 29 Jun, 2022 03:06pm

Technology

Key Facebook force Sheryl Sandberg steps down

SAN FRANCISCO: Meta’s second most powerful executive Sheryl Sandberg made the shock announcement Wednesday she ...

Published 06 Jun, 2022 05:57am

Pakistan

US-Pakistan relationship: Ambassador Masood highlights role of American Pakistanis

KARACHI: The Invest in Pakistan Conference was held in the Plug n’Play Centre at the Silicon Valley in Sunnyvale,...

Published 27 May, 2022 07:04am

Business & Finance

‘Invest in Pakistan Forum-2022’ held in Silicon Valley

SAN JOSE: The “Invest in Pakistan” Forum was held in San Jose, Silicon Valley. In his welcome address, ...

Published 19 May, 2022 06:58am

Business & Finance

‘Invest in Pakistan conference’ to be held in US

KARACHI: WANZ Group organized a reception in honour of top leadership academia, businessmen and elite of the IT...

Published 16 May, 2022 05:42am

Markets

Ukraine’s key IT sector booming despite Russian invasion

LVIV: Ukraine’s IT sector is booming despite the Russian invasion. Workers with stickers on their laptops recline...

Published 15 May, 2022 06:43am

Markets

Musk's Twitter deal at risk of being repriced lower

Short-seller Hindenburg Research warned on Monday that Elon Musk's $44-billion deal to take Twitter Inc private ...

Updated 09 May, 2022 11:12pm

Technology

Pakistan’s Oware raises $3.3mn in pre-seed round

Startup provides warehousing and distribution solutions, will use funds to further fuel product development and talent acquisition

Updated 28 Apr, 2022 08:11pm

Technology

Musk discloses 9.2% stake in Twitter, share price soars

Tesla Inc boss Elon Musk on Monday disclosed a 9.2% stake in Twitter Inc, worth nearly $3 billion, making him the...

Updated 05 Apr, 2022 11:12am

World

Judge delays Theranos founder sentencing to September

SAN FRANCISCO: A federal judge on Wednesday set a September date for the sentencing of fallen biotech star Elizabeth...

Published 13 Jan, 2022 10:06am

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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