FINALISTS lineup confirmed for the ultimate showdown of PTCL Group’s E-Sports gaming tournament ‘GameKey Arena’
Top 16 squads have advanced to the Grand Finale of the ultimate PUBG MOBILE showdown of PTCL & Ufone 4G’s epic E-Sports gaming tournament, ‘GameKey Arena’. The tournament’s online qualifiers round featured more than 700 aspiring and professional gamers from across the country with the top 40 teams making it to the Semifinals. In the…
Adil Aziz
Microsoft unveils Bing search engine using Open AI technology
MICROSOFT unveiled new versions of its Bing internet-search engine and Edge browser powered by the newest technology from ChatGPT maker OpenAI, aiming to gain ground on Google’s web-search juggernaut by being first to offer a more conversational alternative for finding answers on the web and creating content. “This technology is going to reshape pretty much…
Through the Spotify Lens – Arooj Aftab’s Journey
It was March 2022, nearly a year after Spotify stepped foot in Pakistan that the EQUAL Pakistan Ambassador program was introduced for the local music scene. And its first Ambassador? The effervescent Arooj Aftab! Little did the world know that this emerging talent would accumulate a diverse variety of “firsts” for Pakistan in a short…
SECP registers 2,409 new companies in January 2023
The Securities and Exchange Commission of Pakistan (SECP) registered 2,409 new companies in January 2023. The total number of registered companies now stands at 185,173. During the month, a record-breaking 174 companies were registered in a single day. Total capitalization (paid-up capital) with regard to newly incorporated companies for the current month stood at Rs…
Second Semifinal of PTCL Group’s largest E-Sports gaming competition, GameKey Arena to kick off today
20 of the best gaming squads will partake in an epic PUBG MOBILE showdown today in the second semifinal of ‘GameKey Arena’ – the largest E-Sports gaming tournament organized by PTCL and Ufone 4G on their newly launched gaming platform ‘GameKey’. The first semifinal hosted a fierce battle between 20 squads of Group A of…
Alibaba-backed Asian group Daraz cuts workforce 11%
ALIBABA-OWNED e-commerce platform Daraz Group is reducing its workforce in the Indian subcontinent by 11 per cent due to the ‘current market reality’, chief executive officer Bjarke Mikkelsen said, suggesting job losses that could affect about 300 people. Daraz confirmed to Reuters that the cuts will affect a base of 3,000 full-time regional employees. A…
Innovative fixed income HBL Total Treasury ETF Launched at PSX
A new and innovative HBL Total Treasury Exchange Traded Fund (ETF) has been launched at Pakistan Stock Exchange (PSX), facilitating investors to easily invest in a diversified pool of fixed income Government Debt Securities. The ETF, seventh to be launched on PSX, is a first of its kind as it consists of a blend of…
Al Ghazi Tractors Takes Another Leap Towards Modernization through a SAP-Powered Digital Transformation
Topping a record breaking year of market growth and success in management operations, Al Ghazi Tractors Limited, one of Pakistan’s largest agricultural equipment manufacturers, has begun a digital transformation and overhaul of its IT infrastructure with an investment of PKR 2 billion. With the integration of the state-of-the-art SAP S/4HANA, an innovative ERP solution, at…
PTA blocks 175,000 stolen IMEI devices
Pakistan Telecommunication Authority (PTA) blocked 175,000 International Mobile Equipment Identity (IMEI) devices to prevent the use of stolen mobile phones under the Device Identification Registration & Blocking System (DIRBS) during the last fiscal year. Besides, the DIRBS identified and suspended around 29.56 million IMEIs identified as duplicates, according to the annual report of PTA for…
KE, CTGSAIL INK MoU to Explore 1 GW Renewable Energy Projects
Committed to providing clean, affordable, and sustainable power for people of Pakistan including K-Electric’s growing base of over 3.4 million customers, CEO K-Electric, Mr. Syed Moonis Abdullah Alvi and Mr. Wang Minsheng, CEO China Three Gorges South Asia Investment Limited (CTGSAIL) signed a Memorandum of Understanding (MoU) to collaborate on exploring renewable energy including hydro…