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.
Ahead of his three-day state visit to London, Donald Trump has taken to twitter to attack London Mayor Sadiq Khan and called him a “stone cold loser” who has done “terrible job” as London Mayor. Trump’s response came after the British-Pakistani Mayor compared Trump to fascist leader of 20th century who is promoting far right values and undermining liberal democracy.
PM Imran Khan addressed the 14th OIC Summit in Makkah and stressed upon the need to separate Islam from terrorism. PM reflected that the Western World has equated radical Islam with terrorism and this has done tremendous amount of disservice to the Muslim world. The west has used the word radical Islam to define terrorism, which has lead to Islamophobia.
Tara Sharifi, an 11-year-old Iranian student at Aylesbury High School UK, recently took the Mensa IQ test and scored 162 points, which is well above the genius benchmark of 140 points. With this score she has beaten Einstein, a theoretical physicist who is considered as one of the two pillars of modern physics, and the famous cosmologist Professor Stephen Hawking by two points.
Indian PM Narendra Modi led Bharatiya Janata Party’s (BJP) web portal of Delhi wing has been hacked. The hackers replaced several pages of the website with recipes of Beef dishes, accompanied with the message: Hacked by ‘Shadow_V1P3R’. The navigation bar has been edited to replace word BJP with the word BEEF. “About BJP” is now “About Beef” on the website.
At the Future of Asia forum in Tokyo, Malaysia’s PM Mohamad Mahathir proposed that East Asia should consider a common regional trading currency based on gold to promote commerce and stability, and free the region from relying on dollar transactions. He emphasised that this currency would be used for regional trade only and would not replace domestic currencies.
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.”
At least 90 people have been injured after Indian occupying forces opened fire on a crowd protesting against the ‘cordon and search’ operation in Tazipora area of Kulgam district in the Indian-occupied Kashmir. Indian troops fired bullets, pellets and teargas shells on the crowd, critically injuring over six dozens of them. Many of the injured had been admitted to the Kulgam hospital.
Following the directives of the President, Sheikh Khalifa bin Zayed, the UAE Cabinet announced that the Eid Al Fitr holiday for the public sector will start on Sunday, June 2, for one week, with work resuming on Sunday, June 9. However, combined with May 31 (Friday) and June 1 (Saturday), the public sector will get altogether a 9-day long holiday.
Swiss pharmaceutical company, Novartis, announced that it has received US regulatory approval for a gene therapy that treats a rare childhood disorder and has a price tag of $2.1 million, making it the most expensive drug in history. The company said Zolgensma was a one-time treatment for spinal muscular atrophy and will cost $2.125 million payable over five years.