Tue, 21-Oct-2025

Smartphone ads used to find your location within one meter accuracy

Smartphone ads used to find your location within a 1 meter accuracy

An Israeli security company uses mobile ads to compromise smartphone security. Reports are coming that, an Israeli company called “Bsightful” uses mobile ads in a devilishly clever way. By using freely-offered information on users from app developers, the company can locate most anyone with minimal information. Bsightful is selling this data access to whoever is … Read more

Medicine prices to be increased by 50 per cent

Medicine

Preparations are underway to increase drug prices by 50% from July. According to the details, The Young Pharmacists Association has expressed concerns in a letter to the Supreme Court. The Young Pharmacists Association says, a notification to increase the price of medicines in June will soon be approved by the cabinet. According to the request, … Read more

Fire breaks out in oil refinery in Faisalabad

Fire in Faisalabad

A fire has broken out in an oil refinery in Faisalabad. According to details, a fire broke out in an oil refinery factory on Mullanpur Road in Faisalabad, as a result of which five workers were burnt and injured. The rescue officials said, eight fire tenders are engaged in extinguishing the fire. Rescue officials also … Read more

Xerox raises bid for HP to $36 billion

Xerox

Xerox said Monday it was raising its offer for computer and printer maker HP to some $36 billion as part of an effort to win over shareholders amid a heightened battle for control of the Silicon Valley firm. The new offer from the imaging and copying giant Xerox is around 10 percent higher than the … Read more

SECP to facilitate the revival of distressed companies

SECP Warns Public Against Bogus Investment Schemes

The Securities and Exchange Commission of Pakistan (SECP), will facilitate the revival of distressed companies, has notified the Corporate Rehabilitation Regulations, 2019. The regulations, issued under section 41 of the Corporate Rehabilitation Act, 2018 (CRA) broadly cover procedures for maintenance of Penal of Insolvency Experts, manner of determination of remuneration of Insolvency Experts, and Code … Read more

HP board rejects Xerox’s $33.5bn takeover offer

HP board rejects Xerox’s $33.5bn takeover offer

The Hewlett-Packard Company (HP) had rejected an offer from printer maker Xerox to buy the company, saying the $33.5bn cash-and-stock proposal significantly undervalues the personal computer maker. Tech giant HP said it had rejected a $33.5bn takeover offer by printer manufacturer Xerox, sources said. According to the details, the board has unanimously concluded that it … Read more