Comsats University Islamabad has launched a project on artificial intelligence worth Rs. 1 billion with an aim to equip the students with modern subjects related to artificial intelligence, robotics, cybersecurity, e-gaming, big data, and speed coding. To further this project, a consortium has been established which include six information and technology universities, which will further establish nine high-tech laboratories across Pakistan.
British Airways has been fined more than £183 million after computer hackers last year stole bank details from hundreds of thousands of passengers. The fine is equivalent to 1.5 % of British Airways’ turnover in 2017. During the 15-day breach, customer names, postal addresses, email addresses and credit card information were stolen. However, passport and travel details remained safe.
The President of United States has allowed U.S. companies to sell their equipment to Huawei, after talks were held between China’s President. Trump revealed at a news conference following the Group of 20 summit in Osaka, Japan that the trade was only being allowed on that equipment which did not pose a threat to the US national security.
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.