Islamabad, Mar 14 2025: Meta has secured a wins initial legal Battle in its bid to halt the distribution of Careless People, a newly released memoir by former Facebook policy executive Sarah Wynn-Williams. Wynn-Williams’ memoir, which debuted earlier this week, provides an insider account of Facebook’s leadership struggles, including Mark Zuckerberg’s unsuccessful attempts to break into the Chinese market and allegations of misconduct by Meta’s current policy chief. Joel Kaplan. The book also highlights tense encounters between Zuckerberg and global leaders, offering a behind-the-scenes look at the company’s decision-making during a transformative era. Meta, however, contends that Wynn-Williams breached a…
Author: Iqra Khan
Islamabad, Mar 14 2025: The Pakistan Stock Exchange (PSX) continued its upward momentum on Friday, with the benchmark KSE-100 Index gaining 441.93 points. Reflecting a 0.38 percent increase. The index closed at 115,536.17 points, up from the previous session’s 115,094.24 points, sustaining its bullish trajectory. Market analysts at Topline Securities attributed the positive sentiment to investor confidence in Pakistan’s ability to successfully clear its first review under the $7 billion IMF Extended Fund Facility (EFF), which has been a key factor driving stock market activity. READ MORE:
Islamabad, Mar 14 2025: Intel has officially appointed CEO Lip-Bu Tan as its new Chief Executive Officer, filling a leadership void that lasted three months following Pat Gelsinger’s departure. Tan will take charge on March 18, replacing interim co-CEOs David Zinsner and Michelle (MJ) Johnston Holthaus. Zinsner will return to his position as Chief Financial Officer, while Holthaus will continue leading Intel Products. Best known for his tenure at Cadence Design Systems, where he served as CEO from 2009 to 2021, Tan played a crucial role in more than doubling the company’s revenue. His prior experience on Intel’s board of…
Islamabad, Mar 14 2025: The Federal Board of Revenue (FBR) has mandated that manufacturers must not remove goods from their production sites unless they undergo real-time monitoring through video surveillance. This directive, issued via S.R.O. 364 (I) 2025, introduces amendments to the Sales Tax Rules, aiming to enhance transparency and prevent tax evasion. Under the new regulations, all specified goods produced in Pakistan will be subject to continuous video monitoring, video analytics, and digital surveillance. READ MORE:
Islamabad, Mar 14 2025: The Pakistani Rupee (PKR) continued its downward trajectory against the US Dollar in interbank trading on Friday, depreciating by 16 paisa to settle at Rs. 280.21. This marks the third consecutive session of losses for the local currency, following slight declines recorded on Wednesday and Thursday. READ MORE:
Islamabad, Mar 14 2025: The Ministry of IT and Telecom has revealed that the Universal Service Fund (USF) has invested Rs. 9.5 billion over the past 3.5 fiscal years (2021-2025) to enhance Telecom Projects in KP. In a written response to the Senate of Pakistan, Minister for IT and Telecom, Shaza Fatima, outlined the significant advancements made in digital connectivity through various initiatives. These funds have been utilized to expand 2G, 3G, and 4G services across 1,600 mauzas, in addition to covering 37.43 kilometers of road networks. Furthermore, 1,159 kilometers of optical fiber cable (OFC) have been deployed to connect…
Islamabad, Mar 14 2025: Pakistan has successfully reached an understanding with the International Monetary Fund (IMF), Pakistan Avoids mini-budget before the current fiscal year concludes in June. This development comes as the final round of discussions between the government and the global lender nears completion, paving the way for the disbursement of a crucial $1 billion tranche under the ongoing $7 billion loan program. According to senior officials from the Finance Ministry, the IMF has responded positively to Pakistan’s recent economic performance, signaling confidence in the country’s fiscal management. Throughout the negotiations, the IMF delegation, led by Nathan Porter, engaged…
Islamabad, Mar 14 2025: In a groundbreaking move for Pakistan’s gaming industry, the Prime Minister Youth Program (PMYP) has announced plans to launch a dedicated the-Art E-Sports academy, marking a crucial step in establishing the nation as a strong contender in the global competitive gaming scene. The-Art E-Sports in Pakistan has long remained an emerging sector within the broader sports industry, often overshadowed by traditional athletic disciplines. Offering professional training and structured opportunities for local gamers. By developing an ecosystem that fosters digital innovation and skill enhancement. The initiative aims to attract major global e-sports tournaments to the country while…
Islamabad, Mar 12 2025: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, engaged in a high-level discussion with Denmark Ambassador to Pakistan. Jacob Linulf, to evaluate the progress of Danish investments in Pakistan’s maritime industry and identify new areas for cooperation. The meeting revolved around the execution of a $2 billion investment plan, outlined in a Memorandum of Understanding (MoU) signed last year between Pakistan and Denmark. According to an official statement issued on Wednesday, the initiative is set to transform Pakistan’s maritime infrastructure, boost port efficiency, and encourage sustainable development in shipping and logistics. During the dialogue, the…
Islamabad, Mar 12 2025: The Uraan Pakistan Consultative Workshop in Khyber Pakhtunkhwa (KP) marked a significant step in the ongoing national conversation on sustainable growth and economic transformation. Led by Federal Minister for Planning, Development & Special Initiatives, Prof. Ahsan Iqbal, this initiative focuses on aligning provincial development plans with a broader strategy aimed at economic expansion, technological progress, and social inclusion. Following a productive session in Sindh, the Khyber Pakhtunkhwa (KP) consultation gathered federal and provincial stakeholders to deliberate on sectoral priorities, economic hurdles, and implementation frameworks under the Uraan Pakistan initiative. Prof. Ahsan Iqbal, addressing the participants, emphasized…
