America’s business tycoon and co-founder Microsoft, Bill Gates has recently revealed that his biggest mistake ever was giving Google the opportunity to launch Android, which eventually led ‘Microsoft to not be what Android is’. Gates further stated that, Android became the non-Apple phone, which Microsoft phones could have been. However, his decision led to doom of Windows phones.
Dozens of financial, non-profit companies have joined hands with Facebook to put forward a new cryptocurrency, Libra that will allow billions of users to make financial transactions globally. With Libra, Facebook aims to free its users of traditional banking methods. The technology will allow users to send money as well as make payments for goods and services. Source: TheGuardian Samman
Azaad Health, a Pakistan based healthcare startup, founded by Syed Abrar has won award for “Outstanding Entrepreneur from an Emerging Economy” at U.S. Department of State’s GIST Catalyst Competition 2019. Abrar was one of the 30 finalists at the competition from 18 different countries, and represented AzaadHealth, a global patient-owned health data exchange network, which aims to empower patients by democratizing health records.
The facility of registration of one mobile phone on one international passport will soon be revoked by the government. The decision has been taken to generate additional revenue as well as to stop the misuse of the baggage rule after the DIRBS system, that aims to curtail smuggling of mobile phones failed to achieve the desired results.
As number of users watching original videos on Facebook has reached around 720 million, with 140 million people using the service daily, the social networking website is now looking to compete with YouTube and other rivals. Hence, ad breaks have now been made available in Canada, and support will be added for five more languages — Kannada, Marathi, Punjabi, Swedish and Telugu.
Facebook’s independent investors are disgruntled with the way Mark Zuckerberg handled a series of Facebook scandals last year, which caused huge drop in Facebook’s share price. In Facebook’s annual shareholders meeting, 68% of outside investors voted for a proposal to oust Mark and hire an independent Chairman. However, Mark Zuckerberg, who owns 60% of the voting rights, rejected the proposal.
Officials from Amazon U.S. have reached out to enablers.pk to initiate the process of getting Pakistan listed on Amazon’s approved country list. Amazon wants to facilitate and on-board Pakistani manufacturers, especially, in home, bed linen and furnishing category. Officials also disclosed that Amazon.pk is certainly on the cards and expansion similar to Indian market is being planned for Pakistan.
As Apple gears for the launch of iPhone 11 this fall, market speculations about the new phones suggest that Apple will introduce three new iPhones with minimal design changes. Following Samsung’s and Huawei’s recent launches, Apple is expected is introduce a round square shaped triple lens back camera system to the new iPhones, along with the ability to charge other device.
Chinese tech giant, Huawei, in a low-key ceremony, has launched first open 5G services development center at Junggu district of Seoul, South Korea. Huawei plans to invest $5 Million in this open 5G lab that will allow them build a 5G ecosystem through cooperation with a number of South Korean ICT companies and small-and-medium enterprises. The company kept other details discreet.
Bloomberg news have reported that US -listed, Chinese e-commerce leader, Alibaba Group is exploring a potential second listing in Hong Kong, as early as the second half of 2019, that could raise $20 billion as Beijing seeks to encourage its tech titans to list closer to home. This listing is intended to help Alibaba “diversify funding channels and boost liquidity.”