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Harley-Davidson’s new LiveWire electric motorcycle is inexpensive

July 9, 2021 by Shariq Tahir

When Harley-Davidson introduced its first electric motorcycle in 2019, it was hindered by a high price tag and early production concerns. Following the separation of LiveWire as a separate brand earlier this year, the company is back with its second electric bike, hoping to solve those concerns. The most eye-catching feature of the new Harley … Read more

Billionaire Tim Draper: Bitcoin will reach $250,000 by the end of 2022

June 18, 2021 by Shariq Tahir

Despite major cryptocurrencies falling drastically just weeks ago, billionaire venture capitalist Tim Draper has stated that he will stick to his initial prediction that Bitcoin will reach $250,000 (approximately Rs. 1.85 crores) by the end of 2022 or early 2023. Draper, who has invested in Bitcoin, believes the world’s largest cryptocurrency is headed in that … Read more

Khyber Pakhtunkhwa Government To Install Two Bitcoin Mining Plants

January 5, 2021 by Aizbah Khan

Adviser to Chief Minister Khyber Pakhtunkhwa on Information Technology Ziaullah Bangash has said that the government has decided to set up two cryptocurrencies (bitcoin mining) plants and also issued NOCs to private entrepreneurs for making a digital currency. According to the details, while talking to media, he said that the government has approved funds for … Read more

Bitcoin sets record as value surpassed $30,000 for first time

January 2, 2021 by Arhama Altaf

Bitcoin has passed $30,000 in value for the first time, continuing a recent sharp rise.

The virtual cryptocurrency, Bitcoin hit $30,823.30 on Saturday, just weeks after soaring above $20,000 for the first time.

In the past year, the currency has almost quadrupled in value thanks to interest from large investors looking for rapid profits.

Some analysts think it could rise even further as the US dollar drops further.

Just 12 years old, bitcoin has seen a meteoric rise since March, when it stood at $5,000, spurred by online payments giant PayPal saying it would enable account holders to use cryptocurrency.

After PayPal’s announcement in October, analysts at investment banking giant JPMorgan Chase compared the cryptocurrency to gold.

“Bitcoin could compete more intensely with gold as an ‘alternative’ currency over the coming years given that millennials will become over time a more important component of investors’ universe,” they said.

A number of central banks have meanwhile responded to the rise of cryptocurrencies and the dwindling global use of cash by announcing plans for bank-backed digital units.

Beyoncé Contributes $500,000 To The Affected Families Ahead Of Christmas

December 24, 2020 by Amna Quddusi

As per the statement released by the foundation, Beyoncé contributed $500,000 to households severely affected during the pandemic last Tuesday. The official website of the foundation releases the statement which reads, “When we were faced with the pandemic caused by COVID-19, BeyGOOD created a plan to make a difference. We assisted organizations across the country … Read more

Tesla employee accused of tipping reporters; to pay $400,000 to end lawsuit

December 1, 2020 by Arhama Altaf

Former Tesla employee ordered to pay $400,000 after allegedly accused of tipping reporters about production inefficiencies and delays

According to the details, the payment by Martin Tripp, a former process technician at Tesla’s Gigafactory, was part of a settlement detailed in a Monday filing with the federal court in that city.

Tesla and Musk became embroiled in a public dispute with Tripp in June 2018, when it fired and then sued him.

Earlier in September, the judge dismissed Tripp’s defamation counterclaim over statements from Tesla, including an email to employees where Elon Musk accused him of “sabotage”.

According to the court filing, the accused did not contest Tesla’s claims that he stole trade secrets, and acknowledged that his counterclaims were funded by a short seller of Tesla stock.

Moreover, the Electric-Car maker had recorded a major profit spike of a fifth quarter in a row despite the pandemic.

Tesla said it made $8.7 billion revenue in the three months to September, as deliveries rose 54%.

The firm said it still hoped to meet its goal of delivering more than 500,000 vehicles this year but warned this had “become more difficult”. Analysts also warned the firm faced mounting competition.

So far, Tesla has delivered fewer than 32,000 cars to customers this year – but nearly half of those – 139,593 – came in the three months ended 30 September.

That was up 54% from the prior quarter and 44% year-on-year.

However, the carmaker automatically rose to a profit of $311 million – more than double what it made during the same period last year.

Saudi Arabia princess robbed in capital of France

November 7, 2020 by Hamna Humail

Thieves stole 600,000 euros worth of high-end goods from the home of a Saudi princess in Paris. The princess, on returning to the apartment discovered that bags, watches, jewellery, and furs worth nearly $720,000 were missing. She had not set foot in the apartment since August. The bounty included around 30 Hermes bags worth between … Read more

Rs 40000 Prize bond (Premium) Winner list 2020: Draw Result 40,000 Prize bond

December 9, 2020September 11, 2020 by Muhammad Noman

Rs 40000 Prize Bond Result Complete List Today

RAWALPINDI: The 14th draw for the prize bond, worth Rs 40,000 (Premium), is being held in Rawalpindi on Thursday, September 10, 2020. National saving of Pakistan organizes the Quraandazi of 100, 200, 750, 7500, 1500, 15000 and 25000 rupees prize bond four times in a year. Check draw schedule of prize bond 100,200, 750, 7500, 1500, 15000 … Read more

Woman in UAE fined Dh50,000 for cheating on husband

June 29, 2020June 28, 2020 by Muhammad Usman

A woman has been ordered by Fujairah Civil Court to pay Dh50,000 for cheating on her husband. The husband got to know about his wife’s extramarital affair after he noticed a drastic change in her behavior without any apparent reason. The woman was being watched by her husband as he followed her after she left … Read more

Peshawar High Court issues directives for the employees

March 2, 2020 by Web Desk

The Peshawar High Court on Monday has issued directives for the employees working at different offices across province, in a bid to prevent spread of deadly coronavirus. During the hearing, Peshawar High Court stopped employees s from shaking hands and hugging each other. The judge has also ordered the workers suffering from cough, fever and … Read more

Freelancers can now remit up to $5,000 per month

November 28, 2019 by Arhama Altaf

Dollar Rate: Today USD TO PKR Rate in Pakistan On, 6 April 2020

The State Bank of Pakistan (SBP) has enhanced payment limit against freelance services from $1,500 to $5,000 per month, it said in a statement. The measure was taken to broaden the scope of business to customer transactions through home remittance channel. It aims to facilitate freelancers by allowing them to route funds through the economical … Read more

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