ISLAMABAD ( MEDIA REPORT ) Microsoft is planning to eliminate approximately 2,850 more jobs over the next 12 months, according to the company’s filing with the US Securities and Exchange Commission. The cuts will be primarily across the Redmond giant’s dwindling smartphone business as well as global sales. This latestRead More →
LAHORE ( HAFEEZ REPORT ) Huawei Consumer Business Group announced today its 2016 half year financial results: Sales revenue in the first half of 2016 increased by 41% year-on-year to USD $11.6 billion. Smartphone shipments stood at 60.56 million, a year-on-year increase of 25%. According to IDC, global smartphone shipmentsRead More →
ISLAMABAD ( MEDIA REPORT ) The Senate unanimously passed a bill to make provisions for prevention of electronic crimes [The Prevention of Electronic Crimes Bill, 2016] on Friday. The Standing Committee on Information Technology and Telecommunications, chaired by Senator Shahi Syed, had proposed as many as 47 amendments to theRead More →
ISLAMABAD ( MEDIA REPORT ) Pakistan Peoples Party (PPP) chairman Bilawal Bhutto Zardari voiced his reservations regarding the recent cyber crime bill, which was adopted by the Senate Standing Committee on Information Technology on Tuesday. The News reported on Friday. According to sources, the PPP chairman forbid his party supportersRead More →
ISLAMABAD ( BMZ REPORT ) Easypaisa, Pakistan’s leading Mobile Financial Service provider,has introduced the first ever Biometric Money Transfer facility onthe extensive network of Easypaisa retailers across Pakistan. Customers using Mobile Financial Services had frequently requested for higher limits that catered to their financial needs. Before the launch of biometricRead More →
LAHORE ( HAFEEZ ) Samsung Electronics Co., Ltd. today announced financial results for the second quarter ended June 30, 2016. Samsung’s revenue for the quarter was KRW 50.94 trillion, an increase of KRW 2.40 trillion YOY, while operating profit for the quarter was KRW 8.14 trillion, an increase of KRWRead More →