Google has launched its first Gaming Growth Lab in Pakistan. The Lab, a five-week virtual programme is designed to help emerging mobile-gaming enterprises expand their offerings and grow their businesses. The launch marks Google’s commitment to helping accelerate the digital gaming industry in Pakistan. The programme will be delivered in both English and Urdu. It will commence on March 1.
One of Pakistan’s leading universities, Lahore University of Management Sciences (LUMS) has introduced for the first time, an academic program on Cryptocurrency. LUMS will use five million STX tokens (currently equivalent to about PKR 670 million or US $4.1 million) granted by Hiro to develop and build educational programmes that will enable faculty and students to research blockchain, cryptocurrencies, distributed-ledger technology and more.
Facebook parent Meta’s quarterly earnings report on Wednesday revealed a startling statistic: For the first time ever, the company’s growth is stagnating around the world. Facebook lost daily users for the first time in its 18-year history — falling by about half a million users in the last three months of 2021, to 1.93 billion logging in each day.
The world is abuzz with news of cryptocurrency, and Pakistanis are still struggling to understand how investing works in the blockchain. Cryptocurrency recently came under the spotlight when crypto-enthusiast Waqar Zaka brought the Bitcoin network to limelight. While many mocked him earlier, it seems like he was right after all, when Bollywood superstar Amitabh Bachchan’s crypto investment made rounds on news.
PTA imposed a heavy fine of Rs30 million on Jazz for poor service in seven cities across Pakistan. Chairman PTA issued the ruling, stating that Jazz failed to meet the Quality of Services Key Performance Indicators (KPIs) in the seven cities. According to a QoS survey conducted by the telecommunication authority during December 2020, Jazz provided low-quality services to its customers.
Senator Shibli Faraz has said the government intends to regulate crypto and make blockchain technology available as soon as possible. He told participants at the Blockchain Summit in Islamabad that the State Bank, SECP, and Finance Ministry have all teamed up to accomplish this goal. According to him, the government’s first goal was to regulate crypto and then educate the common man about its use.
The Jamia Students are doing wonders in the field of science and technology. The Jamia students of Baitusalam Talagang have dominated the robotic events, ROBOCUST 2022, at Capital University of Science and Technology, beating students from other universities. Baitusalam Talagang students break society’s stereotype that Madrassa students cannot be successful in the sciences and the tech field.
PM Imran Khan is scheduled to perform the groundbreaking for Pakistan Digital City Special Technology Zone on Monday. This will be the first project of its kind in the country. The prime minister will be accompanied by Khyber Pakhtunkhwa chief minister Mahmood Khan and federal and provincial ministers. The Pakistan City will cost Rs1.31 billion and cover 86 kanals of land.
The State Bank of Pakistan and the federal government have prohibited the use of all cryptocurrencies in Pakistan. The SHC has been hearing a case related to digital currencies. The central bank has taken a clear position on cryptocurrencies. Moreover, it urged the SHC to ban cryptos and penalize crypto exchanges for the first time.
The dramatic end to the life of a red supergiant star has been captured in real-time for the first time ever. The rapid self-destruction of the massive star, and its final death throes before collapsing into a type II supernova. This study was conducted by researchers at Northwestern University and the University of California, Berkeley (UC Berkeley).