Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
(Reuters) – Social networking site Pinterest has raised $100 million from a group of investors led by Japanese online retailing giant Rakuten Inc in a deal that reportedly values the three-year-old U.S. company at $1.5 billion. Rakuten said it was joined in the capital-raising by existing shareholders Andreessen Horowitz, Bessemer Venture Partners, FirstMark Capital and […]
(Reuters) – Shares in Samsung Electronics Co slumped more than 6 percent on Wednesday, wiping $10 billion off the electronics giant’s market value, on a report that Apple placed huge chip orders with troubled Japanese chip rival Elpida. Taiwan’s DigiTimes, an online trade news site, reported that Apple recently placed large mobile dynamic random access […]
(Reuters) – Facebook Inc has increased the price range in Silicon Valley’s biggest-ever initial public offering to raise more than $12 billion, giving the No.1 social network a valuation potentially exceeding $100 billion. The company founded in a Harvard dorm room by Mark Zuckerberg raised the price target range to between $34 and […]
I belong to the select group of individuals who enjoyed watching PTV when I was growing up. It was the only source of entertainment, and there was no measure of my job when STN/NTM came along. Watching movies was not as common as it is now and I can solemnly declare that I have seen […]
(Reuters) – Nvidia Corp’s quarterly revenue and outlook were ahead of low Wall Street estimates on better-than-expected sales of its latest graphics chips, sending its shares up 9 percent. The chipmaker reported strong demand for its newly launched chips for desktop computers and contract wins for its Tegra smartphone chips but said revenue and profit […]
(Reuters) – Shares in Sony Corp slumped more than 7 percent to near 32-year lows, as investors doubted the Japanese consumer electronics giant has a strategy to fix its loss-making TV business and compete in the smartphone market against Apple Inc and Samsung Electronics. The last time Sony shares were this low, in the summer […]
(Reuters) – Apple Inc and its key supplier Foxconn Technology Group will share the initial costs of improving labor conditions at the Chinese factories that assemble iPhones and iPads, Foxconn’s top executive said on Thursday. Foxconn chief Terry Gou did not give a figure for the costs, but the group has been spending heavily to […]
(Reuters) – A California judge tossed out a lawsuit in which the Chinese firm Proview Electronics Co Ltd accused Apple Inc of tricking them into selling the "iPad" name for less than it might have. Proview, which is also suing Apple in China over alleged illegal use of the iPad name, filed a lawsuit in California superior […]
Yahoo Inc’s board convened on Monday afternoon to discuss the mounting upset surrounding Chief Executive Scott Thompson, who has apologized to employees after being accused last week by activist investor Daniel Loeb of padding his resume, a source with knowledge of the matter said. The source, who declined to be identified because of the sensitivity […]
(Reuters) – LG Electronics Inc, the world’s No.2 TV maker, plans to launch Internet-enabled TV based on Google’s platform in the United States in the week of May 21, as the South Korean firm seeks to gain a larger share of the emerging Internet TV market, a senior LG executive said on Monday. The move […]
Yahoo Inc could be weeks away from selling 15 to 25 percent of Alibaba Group’s stock back to China’s largest e-commerce company, in a deal designed to eliminate complexities that had scuttled the parties’ previous negotiations, a person familiar with the matter said. The two companies have been in talks for a month, the person […]
Yahoo Inc’s board of directors will review a discrepancy in the educational record of its chief executive, Scott Thompson, a spokesman told Reuters, after activist hedge fund Third Point accused Thompson of padding his academic credentials. Yahoo will also make an appropriate disclosure to shareholders when the review is complete, the spokesman said. On Thursday, […]
